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Cradle Bio
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Provider of an AI-powered platform for developing novel proteins used in industries such as agri-food, healthcare, and chemicals

Founded in 2021
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Company type Private Public ()
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Industry Group materials & chemicals

Sector biotechnology

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Netherlands Amsterdam, Netherlands
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Updated by Cleantech Group on 12/01/2024

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IPO INFORMATION

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Date Investors Type Amount
11/26/2024 IVP IVP , Index Ventures Index Ventures , Kindred Capital Kindred Capital (3)
Post-money valuation of
The new funding will help Cradle accelerate three key areas: Expanding its wet lab to further research into additional protein modalities and properties to improve its foundational models; growing its engineering team to tackle more complex protein engineering challenges; and scaling its go-to-market and operations.
Series B $73,000,000
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