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Venture Capital News: Protera Closes $10M Series A

WESTCHESTER, IL, Protera, a company focused on developing clean-label food ingredients, has closed $10M in Series A financing.
Protera, an AI-driven startup designing and developing new proteins to enable a wide range of natural and sustainable solutions, today announced the final close of its Series A financing, at $10 million.

The round was led by Sofinnova Partners, a leading European life sciences venture capital firm specialized in healthcare and sustainability. Mexico's Bimbo Group, the world's largest baked goods producer, joined the financing round with ICL Group's food and agtech startup accelerator, ICL Planet.
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