Tech Company Financing Transactions
Protein Evolution Funding Round
Protein Evolution, based in New York, scored $20 million from Collaborative Fund, Eldridge Industries and GoodFriends.
Transaction Overview
Company Name
Announced On
10/31/2022
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Collaborative Fund (Lead Investor)
private investors (Stella McCartney)
Proceeds Purpose
Protein Evolution teams expects to launch its first commercial partnership, addressing the needs of global consumer brands seeking to recycle and transform textiles and mixed-plastic waste.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Protein Evolution's goal is to help the chemicals industry transition to a lower-carbon, circular economy. By combining advancements in natural science with artificial intelligence, Protein Evolution's technology breaks down various types of plastic waste efficiently and produces good-as-new, high-quality material as a result -- helping companies, communities and governments meet their sustainability goals and reduce their reliance on fossil fuels.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Connor Lynn
Co-Founder
Jonathan Rothberg
Co-Founder
Scott Stankey
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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