When was Protera founded?

Protera was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Protera located?

Protera is headquartered in Sunnyvale, United States.

How many employees does Protera have?

As of Jul 01, 2024, the latest employee count at Protera is 47.

Is Protera a funded company?

Protera is a funded company, having raised a total of $15.8M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2016.

When was the latest funding round of Protera?

Protera's latest funding was a $***** Series A round on Jul 30, 2021, with participation from 3 investors.

Where does Protera rank among its competitors?

Protera ranks 13th amongst 91 active competitors, of which 17 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Plantible Foods, which secured an undisclosed amount in Jan, 2025.

Who are the top competitors of Protera?

Protera's top competitors include Ingredion, Benson Hill and Plantible Foods. Among them, Plantible Foods secured the most recent funding round in January, 2025.

Protera - 2026 Company Profile, Team, Funding & Competitors

Protera is a series A company based in Sunnyvale (United States), founded in 2015 by Leonardo Alvarez. It operates as a Platform developing protein-based on enzyme technology. Protera has raised $15.8M in funding from Sofinnova Partners and IndieBio. The company has 91 active competitors, including 17 funded and 23 that have exited. Its top competitors include companies like Ingredion, Benson Hill and Plantible Foods.

Company Details

Platform developing protein-based on enzyme technology. The company's streamlines protein design and development with MADI, the proprietary deep learning algorithm to predict high-value protein products and enzymes with unprecedented speed. Its product offerings include protera guard(It helps to extend food shelf-life and replace chemical preservatives), protera sense(It's a plant-based oil designed to improve texture in food without adding palm oil or trans-frats).

Website: www.proterabio.com/
Social
Email ID: *****@proterabio.com

Key Metrics

Founded Year

2015

Location

Sunnyvale, United States

Stage

Series A

Total Funding

$15.8M in 3 rounds

Latest Funding Round

Series A, Jul 30, 2021, $*****

Investors

Sofinnova Partners & 5 more

Ranked

13^th among 91 active competitors

Employee Count

47 as on Jul 01, 2024

Similar Companies

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View Protera's full profile

Protera has raised a total funding of $15.8M over 3 rounds. Its first funding round was on 2016. Its latest funding round was a Series A round on Jul 30, 2021 for $*****. 3 investors participated in its latest round. Protera has 6 institutional investors.

Here is the list of recent funding rounds of Protera:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 30, 2021	7951019	Series A	8796483	9477335	3176953	9408008
Jun 17, 2020	9425741	Series A	6814343	9084452	6206280	SOSV
2016	8739	Seed	6428	1025	IndieBio	1845

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View details of Protera's funding rounds and investors

The founders of Protera is Leonardo Alvarez.

Here are the details of Protera's key team members:

Leonardo Alvarez: Co-Founder & CEO of Protera and founder of 1 other company.

View details of Protera's Founder profiles and Board Members

Protera's employee count trend

Protera has 47 employees as of Jul 24. Here is Protera's employee count trend over the years:

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Top competitors of Protera include Ingredion, Benson Hill and Plantible Foods. Here is the list of Top 10 competitors of Protera, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ingredion 1906, Westchester (United States), Public	Provider of ingredients to the food, beverage, brewing, and pharmaceutical industries	$25M	-	62/100
2nd	Benson Hill 2012, St. Louis (United States), Deadpooled	Developer of soybean genetics, seeds, and related programs for agriculture	$407M	Google Ventures, Lewis & Clark Agrifood & 32 others	59/100
3rd	Plantible Foods 2016, San Marcos (United States), Series B	Developer of plant-based protein ingredients for food and beverage applications	$56.6M	Lerer Hippeau, Vectr Ventures & 17 others	56/100
4th	Dawn Foods 1920, Jackson (United States), Acquired	Manufacturer & distributor of bakery ingredients	-	-	54/100
5th	Universal Corporation 1918, Richmond (United States), Public	Producer and supplier of tobacco leaves	-	-	51/100
6th	King's Hawaiian 1950, Torrance (United States), Funding Raised	Manufacturer of sweet rolls, bread, and related baked goods	-	GE Capital	50/100
7th	Sovos Brands 2017, Berkeley (United States), Acquired	Food and beverage company	-	Ares Capital Corporation, Churchill Asset Management ... & 1 others	48/100
8th	Nutriati 2013, Richmond (United States), Series C	Processing chickpea to derive alternative protein ingredients for the food industry	$36.9M	Powerplant Ventures, New Richmond Ventures ... & 8 others	46/100
9th	Prinova Global 1978, Itasca (United States), Acquired	Distributor of ingredients	-	-	44/100
10th	Lactose India 1991, Ahmedabad (India), Public	Manufacturer of pharmaceutical excipients and dosage forms	-	-	43/100
13th	Protera 2015, Sunnyvale (United States), Series A	Platform developing protein-based on enzyme technology	$15.8M	ICL Planet Startup Hub, Sofinnova Partners ... & 4 others	42/100