Cradle Bio B.V.
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Cradle Bio B.V. - overview
Established
2021
Location
Delft, -, Netherlands
Primary Industry
Biotechnology
About
Founded in 2021 and based in Amsterdam, Netherlands, Cradle Bio B. V. , also known as Cradle, operates as a biotechnology company that develops algorithms and artificial intelligence-assisted tools to design cells and proteins that can produce fabrics, food, fuel, and medicines for biologists. In November 2023, Cradle Bio B.
V. raised EUR 22 million in Series A funding led by Index Ventures, Kindred Capital. The company operates as a developer of AI-powered design tools that enable proteins's 3D modeling and automated sequence generation. The tool is also equipped with optimized thermostability and codon optimization.
The company plans to use the funds raised in November 2023 to support growth by increasing production capacity and sales activity and expanding the market reach of its platform.
Current Investors
Index Ventures, Kindred Capital, Institutional Venture Partners
Primary Industry
Biotechnology
Sub Industries
Molecular Science, Genetics & Gene Therapy, Bioinformatics
Website
www.cradle.bio
Verticals
Artificial Intelligence
Company Stage
Series B
Total Amount Raised
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Cradle Bio B.V. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B | Completed | Cradle Bio B.V. | - | ||||||||
| Series A | Completed | Cradle Bio B.V. | - | ||||||||
| Seed | Completed | Cradle Bio B.V. | - |
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Cradle Bio B.V. - employee data
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