Tech Company Financing Transactions
Profluent Funding Round
Profluent, based in Berkeley, scored $35 million from Spark Capital, Air Street Capital and Insight Venture Partners.
Transaction Overview
Company Name
Announced On
3/21/2024
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors
Spark Capital (Lead Investor) (Nabeel Hyatt)
private investors (Jeff Dean)
Proceeds Purpose
The company intends to use the funds to enable the creation and validation of innovative, functional proteins and move it closer to improving healthcare and disease treatment.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
2630 Bancroft Way
Berkeley, CA 94704
USA
Berkeley, CA 94704
USA
Phone
Undisclosed
Website
Email Address
Overview
Profluent is an AI-first protein design company. Founded in 2022, we develop deep generative models to design and validate novel, functional proteins to revolutionize biomedicine. Based in Berkeley, CA, we are backed by leading investors including Spark Capital, Insight Partners, Air Street Capital, AIX Ventures, and Convergent Ventures.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ali Madani
Vice President
Peter Cameron
VP - Bus. Development
Hilary Eaton
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We report on all VC transactions involving tech companies. VC transactions reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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