Protealis
Financials
Estimates*
EUR | 2022 | 2023 |
---|---|---|
Profit | (3.9m) | (3.3m) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
€5.7m | Series A | ||
* | €22.0m | Early VC | |
Total Funding | €27.7m |
Recent News about Protealis
EditProtealis is a Belgium-based startup that operates in the sustainable agriculture sector, specifically focusing on the development of superior seeds and seed technologies for legume crops. The company's primary goal is to provide sustainable plant proteins for Europe, addressing the continent's protein deficit and offering local, eco-friendly sourcing options for producers of meat and dairy alternatives.
Protealis serves a diverse range of clients, including European farmers and producers of animal feed and human food products. The company's business model revolves around the use of innovative breeding techniques and nitrogen fixation to create legume crops that are better adapted to the European environment. This not only benefits the environment but also proves profitable for farmers, as legumes do not require nitrogen fertilization and improve soil quality, making them a valuable addition to crop rotation strategies.
The company generates revenue by selling their superior seeds and seed technologies to farmers and producers. The demand for plant proteins is on the rise, both for animal feed and human consumption, making Protealis' offerings increasingly relevant and valuable. The company also invests in high-tech breeding techniques, such as speed breeding and genomic selection, and conducts microbial research on seed coatings with proprietary yield-enhancing soil bacteria, further enhancing their product's value and appeal.
Keywords: Sustainable Agriculture, Plant Proteins, Seed Technologies, Legume Crops, European Farmers, Protein Deficit, Eco-friendly Sourcing, Innovative Breeding Techniques, Nitrogen Fixation, Soil Improvement.