Categories: LATEST NEWS

Scala Biodesign exits stealth with Seed funding to engineer the proteins of the future

Scala develops algorithms that dramatically improve the activity, stability, and cost of proteins 

Scala Biodesign exited stealth today, revealing $5.5M of funding for their solution to dramatically improve and speed up the development of proteins into biotech products. The seed round was led by TLV Partners. The company is an alumnus of the seventh batch of the Intel Ignite acceleration program.

Custom antibody therapies, vaccines, food products, and clean production of chemicals: proteins are revolutionizing multiple industries. But developing and mass-producing custom proteins is a long, expensive, and uncertain process because natural proteins are almost never suitable for industry — they are often unstable, costly to manufacture, and insufficiently active.

Protein engineering can modify a protein into an industrial-grade product, but current engineering methods rely on iterative trial-and-error testing of thousands and often millions of versions in the lab. This process can take years, cost millions, and often fails.

Scala makes it possible to engineer and improve proteins immediately and in one shot. Fusing physics-based modeling, AI, and biological data analysis, Scala enables companies to develop new medicines, green production processes, and foods radically faster and cheaper, allowing the creation of entirely new applications of biotechnology that weren’t possible using traditional methods.

Scala was founded by Dr. Ravit Netzer (CEO) and Dr. Adi Goldenzweig (CTO), who researched the challenges of protein engineering in Prof. Sarel Fleishman’s laboratory at the Weizmann Institute of Science. The team developed algorithms for protein design that became the state-of-the-art among academic protein engineers, with over 100 peer-reviewed papers based on the team’s technology.

“Researchers, students, and companies, everyone wanted to use our technology,” said Dr. Goldenzweig, CTO and co-founder of Scala. “We realized that there was a huge need. Quickly optimizing vaccine immunogens, enzymes, antibodies, and more, opens so many doors for advancing technology and the wellbeing of humanity and the environment”.

As one example, Dr. Goldenzweig used her method to improve a malaria vaccine that is now in Phase II clinical trials in W. Africa. Another application of the technology generated wood-degrading enzymes for biofuel production.

Dr. Netzer and Dr. Goldenzweig founded Scala with Prof. Fleishman as Chief Scientist in order to address the demand from major pharma and biotech companies. The team’s mission is to provide a one-stop shop for efficient and economical protein engineering. They named the company Scala to highlight that protein engineering can now be applied at scale to solve myriads of biotechnology challenges.

“The answers to some of the greatest challenges that modern society faces are out there in nature, but until now it was extremely difficult to apply these answers at global, industrial scales,” said Dr. Ravit Netzer, co-founder and CEO of Scala. “Scala makes the impossible easy, and will lead to the next wave of innovation in biotech.”

Shahar Tzafrir, Managing Partner at TLV Partners, said “Alphafold’s impact on biology was profound, catalyzing science and startups. The next complex challenge — translating protein structure into function and determining which properties can be ‘edited’ for a specific desired outcome — is beyond the reach of AI alone. It requires a unique blend of AI, physics, biology, and chemistry. Scala’s founders successfully tackled this in academia, where scientists and the industry widely and enthusiastically embraced their breakthroughs. Recognizing the tremendous potential, they’re now pivoting their academic success into a company, set to redefine how proteins are designed with purpose.”

Scala is now working with a small group of early customers, including top-tier pharmaceutical companies, taking part in some of the most exciting protein engineering projects in the world.


Credit: Omer Hacohen

Danit

Comments are closed.

Recent Posts

Hailo Earns Frost & Sullivan 2024 Technology Innovation Leadership Award

The Best Practices Technology Innovation Leadership Award recognizes Hailo’s ongoing commitment to innovation and growth in the global vision processing…

2 weeks ago

BeyondTrust Acquires Entitle, Strengthening Privileged Identity Security Platform with Paradigm Shifting Just-in-Time Access and Identity Governance

Entitle is a pioneering privilege management solution that discovers, manages, and automates just-in-time (JIT) access and modern identity governance and…

1 month ago

Samtec Introduces SIBORG Tool to Speed Component Launch Designs

Available freely to Samtec customers under NDA, SIBORG (Signal Integrity Breakout Region Guru) works with Ansys HFSS 3D Layout to…

1 month ago

Accelerating Mass Business AI Adoption: NeuReality Launches Developer Portal for NR1 Inference Platform, Expanding Affordable AI Access

Entire NR1 system purpose-built for a more affordable AI infrastructure allowing for faster deployment; furthering AI’s reach into more parts…

1 month ago

Dot Compliance Raises a $17.5 Million Up-Round in Series B Extension Funding to Advance New Category of AI-driven Compliance

Following rapid growth in its customer base to over 400, funding will fuel further AI development and create a hybrid…

1 month ago

Tektronix and recently acquired EA Elektro-Automatik now offer expanded power portfolio for engineers who are electrifying our world

The addition of EA’s high-efficiency regenerative power supplies greatly expands Tektronix’s trusted offering Tektronix, Inc, a leading provider in test…

1 month ago