Proterro
Date | Investors | Amount | Round |
---|---|---|---|
$5.0m | Series A | ||
$3.5m | Series A | ||
Total Funding | $8.5m |
Recent News about Proterro
EditProterro is a biotechnology company that specializes in converting waste CO2 into valuable products through the use of cyanobacteria in a patented, fully integrated production system. The company serves clients in the Food, Animal Feed, and Energy industries by partnering with market leaders to create cost-competitive products tailored to specific requirements. Proterro's business model revolves around licensing agreements with partners, leveraging its unique biotech capabilities and intellectual property to accelerate product innovation. The company generates revenue through these partnerships by providing a reliable and efficient production system that utilizes waste CO2, captured at its source, to produce high-yield organisms in a solid-state bioreactor. This approach not only reduces environmental impact but also offers flexible and scalable solutions that can be deployed in various settings, from open fields to greenhouses. Proterro's technology ensures high yields with fewer inputs, efficient land use, and a substantial return on investment for its partners.
Keywords: biotechnology, cyanobacteria, waste CO2, Food industry, Animal Feed, Energy, patented technology, high yield, solid-state bioreactor, scalable solutions.