About proteanTecs
proteanTecs is a company based in Haifa (Israel) founded in 2017 by Eyal Fayneh, Yahel David, Evelyn Landman, Yuval Bonen, Shai Cohen, and Roni Ashuri.. proteanTecs has raised $226 million across 5 funding rounds from investors including Siemens, MediaTek and Arm. The company has 25 employees as of March 29, 2024. proteanTecs operates in a competitive market with competitors including Synopsys, National Instruments Corporation, PDF Solutions, Mentor Graphics and Cadence, among others.
- Headquarter Haifa, Israel
- Employees 25 as on 29 Mar, 2024
- Founders Eyal Fayneh, Yahel David, Evelyn Landman, Yuval Bonen, Shai Cohen, Roni Ashuri
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Proteantecs India Private Limited
- Date of Incorporation 09 Jul, 2021
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$2.08 M (USD)201.19as on Mar 31, 2023
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Net Profit
$183.39 K (USD)261.58as on Mar 31, 2023
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EBITDA
$282.86 K (USD)194.63as on Mar 31, 2023
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Total Equity Funding
$226 M (USD)
in 5 rounds
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Latest Funding Round
$51 M (USD), Series D
Sep 09, 2025
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Investors
Siemens
& 22 more
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Employee Count
25
as on Mar 29, 2024
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Funding Insights of proteanTecs
proteanTecs has successfully raised a total of $226M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $51 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series D — $51.0M
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First Round
First Round
(01 Apr 2019)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series D - proteanTecs | Valuation | IAG Capital Partners | |
| May, 2022 | Amount | Series C - proteanTecs | Valuation | Koch Disruptive Technologies | |
| Sep, 2021 | Amount | Series C - proteanTecs | Valuation | Koch Disruptive Technologies |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in proteanTecs
proteanTecs has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Siemens, MediaTek and Arm. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by the venture capital firm.
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Founded Year | Domain | Location | |
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Technology and consumer sectors are targeted through private equity investments.
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Private equity firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by proteanTecs
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - proteanTecs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Proteantecs Comparisons
Competitors of proteanTecs
proteanTecs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Synopsys, National Instruments Corporation, PDF Solutions, Mentor Graphics and Cadence, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electronic design automation solutions are provided for semiconductor systems.
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| domain | founded_year | HQ Location |
Provider of a suite of cloud-based electronic design automation tools for integrated circuits
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| domain | founded_year | HQ Location |
PDF solutions for document management are provided by the company.
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| domain | founded_year | HQ Location |
Developer of software tools for electronic design automation
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| domain | founded_year | HQ Location |
Cloud and AI-powered tools for integrated circuit design are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Proteantecs
Frequently Asked Questions about proteanTecs
When was proteanTecs founded?
proteanTecs was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is proteanTecs located?
proteanTecs is headquartered in Haifa, Israel. It is registered at Haifa, Haifa District, Israel.
Who is the current CEO of proteanTecs?
Shai Cohen is the current CEO of proteanTecs. They have also founded this company.
Is proteanTecs a funded company?
proteanTecs is a funded company, having raised a total of $226M across 5 funding rounds to date. The company's 1st funding round was a Series C of $50M, raised on Apr 01, 2019.
How many employees does proteanTecs have?
As of Mar 29, 2024, the latest employee count at proteanTecs is 25.
What is the annual revenue of proteanTecs?
Annual revenue of proteanTecs is $2.08M as on Mar 31, 2023.
What does proteanTecs do?
ProteanTecs was established in 2017 in Haifa, Israel, within the semiconductor sector. A web-based platform is offered to track chip performance and health over their lifecycle. Continuous monitoring of product conditions is facilitated, with predictions of potential faults enabled for early alerts. Key functionalities encompass lifetime tracking, static timing analysis, usage patterns from customers, and predictive maintenance protocols. Operations target data centers and automotive industries.
Who are the top competitors of proteanTecs?
proteanTecs's top competitors include Synopsys, National Instruments Corporation and Cadence.
Who are proteanTecs's investors?
proteanTecs has 23 investors. Key investors include Siemens, MediaTek, Arm, Advantest, and Porsche Se.
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