Tech Company Financing Transactions
Protai Funding Round
Grove Ventures, Maj Invest and Pitango Venture Capital joined a $12 million Seed capital raise for Protai. The round was announced on 3/15/2023.
Transaction Overview
Company Name
Announced On
3/15/2023
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to build its oncology drug discovery pipeline, expand data acquisition, as well as increase its discovery activities via pharma partnerships.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
4 Boáz Ramat Gan
Tel Aviv, 5320047
Israel
Tel Aviv, 5320047
Israel
Phone
Undisclosed
Website
Email Address
Overview
We are an AI-powered drug discovery startup that is revolutionizing the way new drugs can be discovered. We combine deep proteomics with machine learning to better combat complex diseases and create a healthier world.
Management Team
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