Shiru, a Berkeley, CA-based ingredient discovery company, has raised $16 million in a funding round, bringing its total to $36 million.
Investors
The round was led by S2G Ventures and supported by CPT Capital, Lux Capital, Nourish Ventures, and Meach Cove Capital.
Founded in 2014, S2G is a $2.5 billion multi-stage investment firm focused on venture and growth-stage businesses across food, agriculture, oceans, and energy.
Shiru Use of Funds
The funds will accelerate the growth of Shiru’s flagship platform, ProteinDiscovery.ai, and support the company’s expansion.
About Shiru
Shiru provides an AI-powered ingredient discovery platform. The company uses artificial intelligence (AI) to discover and develop natural ingredients, primarily focusing on proteins derived from plants and microbes. Its flagship platform, ProteinDiscovery.ai, offers an interactive marketplace and discovery suite featuring 33 million molecules, setting a new standard for applications across food, personal care, agriculture, and advanced materials.
Funding Details
Company: Shiru, Inc.
Raised: $16.0M
Round: Unknown
Funding Date: November 2024
Lead Investors: S2G Ventures
Additional Investors: CPT Capital, Lux Capital, Nourish Ventures, Meach Cove Capital
Company Website: https://www.shiru.com/
Software Category: Protein Discovery Solutions
Source: https://www.prnewswire.com/news-releases/shiru-secures-16-million-to-accelerate-ai-powered-ingredient-discovery-revolution-302301716.html