# Protembis funding: rounds and investors

> Protembis has raised $32M across 2 rounds since 2018. Investors include European Investment Bank, IFB Innovationsstarter and Coparion.

Source: https://millionrounds.com/company/protembis (Millionrounds; every figure on the page links to its filing or article)

Germany · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Protembis*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$32M** raised across 2 rounds since 2018, from 2 sources

**$10M** Series A **$22M** Debt

- **Latest round:** Debt, $22M Jul 2024
- **Step-up i:** 2.2×
- **Investors:** 5

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022 2023 2024

**$10M** Series A

**$22M** Debt

- **First round:** Series A, $10M
- **Biggest round:** $22M
- **Between rounds:** 5.7 years

## The rounds

- **Jul 2024** Debt **$22M** *2 new* [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) [IFB Innovationsstarter](https://millionrounds.com/fund/ifb-innovationsstarter) Source recorded
- **Oct 2018** Series A **$10M** *3 new* [Coparion](https://millionrounds.com/fund/coparion) [Abiomed](https://millionrounds.com/fund/abiomed) Seed Fonds Reported by FinSMEs

## Founders and team

From Protembis's own website: 5 on the team.

- **James Hallums** Senior Vice President of Business Development
- **Conrad Rasmus** Board Member and Co-CEO
- **Karl von Mangoldt** Board Member and Co-CEO
- **Bernhard Kugel** Board Member
- **Karin Leire** Board Member

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2018 **Debt** 2024 [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) [IFB Innovationsstarter](https://millionrounds.com/fund/ifb-innovationsstarter) [Coparion](https://millionrounds.com/fund/coparion) [Abiomed](https://millionrounds.com/fund/abiomed) Seed Fonds

## Everyone who backed them

[European Investment Bank](https://millionrounds.com/fund/european-investment-bank) Government **1** round

[IFB Innovationsstarter](https://millionrounds.com/fund/ifb-innovationsstarter) VC firm **1** round

[Coparion](https://millionrounds.com/fund/coparion) VC firm **1** round

[Abiomed](https://millionrounds.com/fund/abiomed) Corporate VC **1** round

Seed Fonds no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=protembis).

## Also claim to have backed them

This firm lists Protembis as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[XGEN Venture](https://millionrounds.com/fund/xgen-venture) VC firm Per its own site

## Quick answers about Protembis

### Who invested in Protembis?

Protembis's investors include European Investment Bank, IFB Innovationsstarter, Coparion, Abiomed and Seed Fonds.

### How much has Protembis raised?

Protembis has raised $32M across 2 rounds since 2018.

### When did Protembis last raise?

Protembis's most recent round was a Debt of $22M in Jul 2024.

### What was Protembis's biggest round?

Its most recent round, $22M in Jul 2024, is also its largest on record.

### Who backed Protembis first?

Protembis's first round on record, in Oct 2018, was backed by Coparion, Abiomed and Seed Fonds.

### What stage is Protembis at?

Protembis's latest named round is a Debt, in Jul 2024.

### Where is Protembis based?

Protembis is based in Germany.

## Companies like Protembis

In the same sector, and raised in the last eighteen months.

[**Cellbox Solutions** $4.1M · Oct 2026](https://millionrounds.com/company/cellbox-solutions)[**ViferaXS** $14M · Sept 2026](https://millionrounds.com/company/viferaxs)[**Arab Therapy** $2.0M · Aug 2026](https://millionrounds.com/company/arab-therapy)[**Pentixapharm** $40M · Jul 2026](https://millionrounds.com/company/pentixapharm)[**Pacifico Biolabs** $11M · Jul 2026](https://millionrounds.com/company/pacifico-biolabs)[**smartbax** $5.5M · Jun 2026](https://millionrounds.com/company/smartbax)

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