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Our portfolio company, Nuclera, raised a USD 75m Series C financing round led by Elevage Medical Technologies. Cambridge Innovation Capital, British Patient Capital, and existing investors participated. Pharma companies spend billions on protein synthesis, a manual process that requires weeks or months of manipulating and growing host cells to produce the proteins of interest. Nuclera’s eProtein Discovery system is designed to speed up protein expression and purification in research labs, including those using AI for protein design. The system reduces the time and cost of these processes by automating construct screening, allowing for protein scale-up, and producing milligram amounts of protein in less than 48 hours. The eProtein Discovery system has already been installed at contract research organizations (CROs), biotech and biopharma companies, and leading academic institutes. Press release: https://lnkd.in/eVfxCw8D

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