PROTEALIS APPOINTS DAVID BUCKERIDGE AS CHAIRMAN AND MARC BALLEKENS AS NON- EXECUTIVE DIRECTOR TO ITS BOARD.
Ghent, BE. February 9th, 2022 – Protealis, the recently started breeding company focusing on sustainable protein crops for Europe, today announced the appointment of David Buckeridge and Marc Ballekens to its board as non-executive directors. After the successful closing of the 12 Mio A-round in July 2021, the addition of international experience in seed marketing and business strategy is another important steppingstone for the ambitious start-up.
FIRST REGISTERED PROTEALIS SOYBEAN VARIETIES "HERMES" AND "ARTEMIS" TOP THE OFFICIAL VARIETY CHARTS IN BELGIUM
Ghent, BE. Februari 9th, 2022 – Upon successful registration of the first 2 soybean varieties Hermes and Artemis by Protealis in Belgium, the 2 new varieties immediately top the charts in Belgium, boosting average protein yield/ha with up to 15% compared to competition average
SUSTAINABLE PROTEIN SEED START-UP PROTEALIS DOUBLES CAPITAL UPON CLOSING ITS EXTENDED A-ROUND
Ghent, BE. September 2nd, 2021 – The Ghent-based company Protealis, a spin-off from VIB and ILVO, was incorporated earlier this year backed by 6 Mio EUR VC funds. Now, Protealis raised an additional 5.7 Mio EUR in its extended A-round. The near doubling of the capital allows the company to pursue a more aggressive market introduction while strengthening its existing R&D platforms. The successful extension of the A-round brings new and international investors to Protealis by adding Innovation Industries (NL), Korys Investments (BE), HFT Holding (NL) and Thia Ventures (SG/BE) as well as an extension of the prior investment of Estari Group (UK).
VIB AND ILVO LAUNCH NEW START-UP PROTEALIS
TO SUPPORT SUSTAINABLE PLANT PROTEIN PRODUCTION
Ghent, BE. April 8, 2021 Ghent-based company Protealis, a new spin-off from VIB and ILVO, is making its debut today in the plant breeding industry. Inspired by the mission to grow more sustainable plant-based proteins locally, Protealis aims to harvest the full potential of legume crops. With innovative breeding technologies and proprietary seed coatings, Protealis will create new opportunities for European farmers to help overcome Europe’s protein deficit. The initial focus is to develop high yielding, high-protein soybean varieties. Protealis has successfully concluded a EUR 6 million seed financing round led by V-Bio Ventures, and joined by Agri Investment Fund (AIF), Participatiemaatschappij Vlaanderen (PMV), Estari Group, Globachem Group, Gemma Frisius Fund and VIB. The capital will support the company’s plans to further develop its proprietary technology, expand its crop portfolio and bring the first soy varieties adapted to local needs to the market by 2022.