# PROTEUS funding: rounds and investors

> PROTEUS has raised $14M across 2 rounds since 2024. Investors include Scottish Enterprise. Every round with its source.

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

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

# Who invested in *PROTEUS*

2 rounds we have observed, with the one investor 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.

Aerospace & Space

Funding summary Updated 26 Oct 2026

**$14M** raised across 2 rounds since 2024, from 2 sources

**$3.9M** Series A **$10M** Grant

- **Latest round:** Grant, $10M May 2024
- **Step-up i:** 2.7×
- **Investors:** 1

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.

2025

**$3.9M** Series A

**$10M** Grant

- **First round:** Series A, $3.9M
- **Biggest round:** $10M
- **Between rounds:** 3 months

## The rounds

- **May 2024** Grant **$10M** No investor was named in the report. Source recorded
- **Feb 2024** Series A **$3.9M** *1 new* [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Source recorded

## Founders and team

From PROTEUS's own website: 4 on the team.

- **Colin Manson** Chief Executive Officer
- **Andrew Conway** Chief Technology Officer
- **Nigel Filer** Chief Operating Officer
- **James McCallum** Chairman

## Everyone who backed them

[Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Government **1** round

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

## Quick answers about PROTEUS

### Who invested in PROTEUS?

PROTEUS's investors include Scottish Enterprise.

### How much has PROTEUS raised?

PROTEUS has raised $14M across 2 rounds since 2024.

### When did PROTEUS last raise?

PROTEUS's most recent round was a Grant of $10M in May 2024.

### What was PROTEUS's biggest round?

Its most recent round, $10M in May 2024, is also its largest on record.

### Who backed PROTEUS first?

PROTEUS's first round on record, in Feb 2024, was backed by Scottish Enterprise.

### What stage is PROTEUS at?

PROTEUS's latest named round is a Grant, in May 2024.

### Where is PROTEUS based?

PROTEUS is based in Germany.

## Companies like PROTEUS

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

[**The Exploration Company** $610M · Sept 2026](https://millionrounds.com/company/the-exploration-company)[**Quantum Systems** $1.6B · Jul 2026](https://millionrounds.com/company/quantum-systems)[**Isar Aerospace** $487M · Jun 2026](https://millionrounds.com/company/isar-aerospace)[**Maple Aviation** $4.6M · Jun 2026](https://millionrounds.com/company/maple-aviation)[**LiveEO** $33M · May 2026](https://millionrounds.com/company/liveeo)[**ATMOS Space Cargo** $31M · Apr 2026](https://millionrounds.com/company/atmos-space-cargo)

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