Protea Biosciences

United States
Log Cabin, Texas, United States, 26505

Company profile

Protea Biosciences company profile

Founded in 2001, Protea was the first biotechnology company in West Virginia, specifically created to commercialize new technologies from West Virginia University (WVU). Eleven years later, Protea has evolved into an industry leader in the field of bioanalytics. Boasting the groundbreaking Protea LAESI DP-1000 direct ionization system, a state-of-the-art Bioanalytical Services laboratory, and a wide portfolio of mass spectrometry and protein sample preparation products, Protea offers biologists and biochemists innovative solutions to their most difficult problems. Protea Biosciencesengaged in developing and commercializing proprietary life science technologies, products, and services that are used to identify the molecules that are produced by living cells and all life forms. It develops a platform technology that enables the direct analysis, mapping, and display of molecular information in living cells and tissue samples. The company also provides bioanalytical services that enable the identification and characterization of lipids and metabolites molecules. Both Protea’s headquarters and their Bioanalytical Services’ 11,000 sq. ft. facility are located in Morgantown, WV. With an international network of distributors, Protea strive to offer a continuous stream of innovations to a global market. Protea employs over 50 scientists and professionals, all bringing their expertise and experience to customers in life science research, discovery, and development.

Business identity

Contact email
[email protected]
Phone number
304-292-2226
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2001-01-01, Year

Headquarters

Postal code
26505
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
IPO
Funding rounds
9
Total equity funding
$6.1M
Last funding
Debt Financing / $691,000 / 2016-06-06
Last equity funding
Series Unknown / $4.4M
Investors
1
Lead investors
1
Founders
2
Articles
3
Exited on
2016-06-06

Founders and investors

Founders

Daniel FlynnStephen Turner

Lead investors

West Virginia Jobs Investment Trust

Investors

West Virginia Jobs Investment Trust