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Venture Capital News: Shiru Scores $16M Series B Financing

2024-11-12
BERKELEY, CA, Shiru, the pioneer in AI-powered ingredient discovery, has secured a $16 million investment round.
Shiru has secured a $16 million investment round, leading a revolution in how ingredients are discovered and developed across multiple industries.

The round, bringing Shiru's total funding to $36 million, was led by longtime investor S2G Ventures, with participation from CPT Capital, Lux Capital, Nourish Ventures, and Meach Cove Capital. This investment will fuel Shiru's ambitious growth plans, expanding its ingredient portfolio and enhancing ProteinDiscovery.ai through new commercial partnerships and expanded offerings.

Shiru, The Ingredient Discovery Company, is accelerating the limitless potential of nature-inspired ingredients through AI-powered discovery and high-performance, sustainable products. Shiru's groundbreaking approach, powered by its patented Flourish™ technology, is transforming the landscape of ingredient innovation. 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.
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