Nuclera Funding, Investors & Competitors

Nuclera has raised $156M across 6 funding rounds, most recently a $12M Series C in January 2026.

Last Nuclera funding round

$12M

Series C · Jan 2026

Cumulative funding Nuclera raised

$156M

across 6 funding rounds

Key investors in Nuclera

  • Jonathan Milner
  • Verve Ventures
  • British Business Bank
  • Elevage Medical Technologies
  • E Ink Hldgs
  • GK Goh
  • RT Partners
  • Amadeus Capital Partners

Nuclera Overview

About Nuclera

Nuclera is a Cambridge-based biotechnology company offering the eProtein Discovery system for rapid protein production. This automated platform enables researchers to synthesize milligrams of protein in days for drug discovery and structural biology. Serving academic labs and biopharma firms worldwide, Nuclera's technology accelerates hit validation in antibody and small molecule programs. Founded from University of Cambridge research, it operates cloud-connected bioprinters in the UK and US.


Founded

2013

HQ

United KingdomCambridge

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Nuclera Funding History

Nuclera has raised a total of $156M across 6 funding rounds.

Nuclera's first fundraising round was a $800K seed round in March 2014. The most recent completed round was a $12M Series C in January 2026.

Nuclera funding rounds

Nuclera funding rounds
DateStageInvestorsRaisedDeal Summary
Jan 2026Series CElevage Medical Technologies (lead); Jonathan Milner (lead); British Business Bank; GK Goh$12MNuclera is a biotechnology company based in Cambridge, UK, and Boston, MA, USA, that accelerates drug discovery by providing rapid, easy access to functional proteins through its benchtop eProtein Discovery system. The system enables multiplex protein screening, characterization, and expression in-house, supporting end-to-end workflows for proteins including challenging membrane proteins and antibody fragments, producing assay-ready material in days. On January 13, 2026, Nuclera announced a $12 million extension to its Series C funding round, led by Elevage Medical Technologies and Jonathan Milner, with participation from existing investors British Business Bank and GK Goh, bringing the total Series C to $87 million. The funding will accelerate integration of antibody-specific capabilities, including full-format antibody expression, purification, and binding validation, into the eProtein Discovery system to address needs in AI-enabled antibody engineering and biologics R&D. Since the prior Series C close in 2024, Nuclera added a membrane protein workflow, expanded its global footprint to APAC and the Middle East, initiated a collaboration with Cytiva for DNA-to-protein workflows, and installed the system at Domainex as its first CRO implementation.
Oct 2024Series CElevage Medical Technologies (lead); Jonathan Milner; Patient Square Capital; Uni Power Group; E Ink Hldgs; GK Goh; Verve Ventures; British Patient Capital; Cambridge Innovation Capital; M&G; Michael McCreary$75MNuclera is a biotechnology company based in Cambridge, UK, and Boston, MA, USA, developing the eProtein Discovery benchtop system to accelerate protein expression, purification, and characterization workflows for drug discovery, including challenging proteins like membrane proteins and antibodies. The company completed a $75 million USD Series C financing round on October 16, 2024, led by Elevage Medical Technologies (backed by Patient Square Capital), with participation from British Patient Capital, Cambridge Innovation Capital, E Ink Holdings, GK Goh, Jonathan Milner, M&G Catalyst, Michael D. McCreary, Uni Power Group, and Verve Ventures. The funding aims to commercialize the platform, particularly in the US and Europe, enabling in-house multiplex protein screening and production to address bottlenecks in biologics research. The initial round matched the query's investors and approximate date of October 15, 2024, with Taylor Wessing advising Nuclera. CEO Dr. Michael Chen highlighted the investment's validation of the team's potential to revolutionize protein production for global scientists. Dr. Michael Wasserman of Elevage noted Nuclera's solution to key drug discovery obstacles by providing needed proteins efficiently. Subsequently, in January 2026, Nuclera extended the Series C by an additional $12 million to reach $87 million total, led by Elevage Medical Technologies and Jonathan Milner, with British Business Bank (via British Patient Capital) and GK Goh. This extension supports advancing the platform for end-to-end antibody engineering, including expression, purification, binding validation, and AI-driven biologics research with high-quality datasets. The company has expanded globally into APAC and the Middle East while enhancing capabilities for full-format antibodies and membrane proteins.
Jul 2022Series BJonathan Milner (lead); Verve Ventures (lead)$16M-
Feb 2022Series BRT Partners; Future Planet Capital; British Business Bank; G. K. Goh; M&G Investments; E Ink Hldgs; Amadeus Capital Partners$43MNuclera is a Cambridge, UK-based biotech company developing benchtop bioprinters for rapid protein production, including the eProtein desktop bioprinter that enables scientists to print proteins at their benchtop in under 48 hours, accelerating drug discovery and research workflows. On February 2, 2022, Nuclera announced the first close of its Series B funding round, raising $42.5 million from investors including Amadeus Capital Partners, British Business Bank Future Fund, E Ink, Future Planet Capital, G. K. Goh, M&G Investments, and RT Partners. The funds were allocated to accelerate development and commercialization of the eProtein bioprinter, initially for protein screening and printing in research and drug discovery, with plans to expand into a comprehensive proteomics platform unifying expression and characterization. This Series B first close was part of a larger Series B effort, with Nuclera raising a total of $58 million across two rounds in 2022 for eProtein Discovery. The technology addresses fragmented proteomics workflows by introducing rapid prototyping to biotech, improving reproducibility and speeding innovation. Subsequent funding included a Series C round expanded to $87 million by January 2026, with a $75 million raise in 2024 led by Elevage Medical Technologies, and a $12 million extension in 2026 led by Elevage and Jonathan Milner, joined by British Business Bank and G.K. Goh. Nuclera has advanced its platform to handle challenging protein classes like membrane proteins, integrated antibody expression and binding validation, and expanded globally into APAC and the Middle East. Partnerships include Google Cloud's AI program, and the company eyes a New York IPO while emphasizing metrics like orders and revenue amid a return to funding fundamentals post-2021. Total funding reached at least $154 million by later estimates, positioning Nuclera as a key player in AI-driven biologics research.
Nov 2018Series ART Partners (lead)$10M-
Mar 2014Seed-$800K-

Who has invested in Nuclera?

17 investors have backed Nuclera across its funding rounds, including Jonathan Milner, Verve Ventures, British Business Bank, Elevage Medical Technologies, E Ink Hldgs and GK Goh.

Lead investors include Elevage Medical Technologies, Jonathan Milner, Verve Ventures and RT Partners.


Nuclera Investors

Investors in Nuclera by funding rounds participated
InvestorHQRoundsRoleFirst check
Jonathan MilnerUnited StatesUnited States3LeadJul 2022
RT PartnersGermanyCologne2LeadNov 2018
British Business BankUnited KingdomSheffield2ParticipantFeb 2022
E Ink HldgsTaiwanTaiwan2ParticipantFeb 2022
GK GohSingaporeSingapore2ParticipantOct 2024
Verve VenturesSwitzerlandZug2LeadJul 2022
Elevage Medical TechnologiesUnited StatesAustin, TX2LeadOct 2024
Future Planet CapitalUnited KingdomLondon1ParticipantFeb 2022
Patient Square CapitalUnited StatesSan Francisco, CA1ParticipantOct 2024
Uni Power GroupChinaHong Kong1ParticipantOct 2024
G. K. GohSingaporeSingapore1ParticipantFeb 2022
M&G InvestmentsUnited KingdomLondon1ParticipantFeb 2022
British Patient CapitalUnited KingdomSheffield1ParticipantOct 2024

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Nuclera

Nuclera has acquired 1 company to date.

Last acquisition by Nuclera was on May 12th 2021. Nuclera acquired E Ink Hldgs for undisclosed valuation.


Latest Acquisitions by Nuclera

E Ink Hldgs
Description
E Ink Holdings Inc researches, develops, manufactures, and sells electronic paper display panels. The Company sells e-paper products such as Internet of Things applications and consumer electronics.
HQ CountryTaiwan
HQ City
-
Deal Date12 May 2021
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Nuclera Competitors

Nuclera competitors include listed companies like Merck KGaA, Eli Lilly and Johnson & Johnson, and private ones like Sinovac Life Sciences, Immunai and ZSPepLib.

Public and private companies comparable to Nuclera
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Merck KGaAGermanyGermanyPublicly listed$24B$5.3B$66B3.1x
Sinovac Life SciencesChinaBeijingPrivate--$3.3B-
ImmunaiUnited StatesNew York City, NYPrivate--$1B-
ZSPepLibChinaZhuzhouPrivate--$732M-
Eli LillyUnited StatesUnited StatesPublicly listed$65B$28B$1.0T13.1x
Johnson & JohnsonUnited StatesUnited StatesPublicly listed$94B$40B$651B6.8x

Nuclera Public Comps

Nuclera is still privately-owned, but its public comps include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Roche, Novartis, AstraZeneca, Amgen, Novo Nordisk and Gilead Sciences.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Eli Lilly$65B$28B16.5x13.1x38.7x27.0x
Johnson & Johnson$94B$40B7.2x6.8x17.0x18.3x
AbbVie$61B$17B8.7x8.1x30.6x17.6x
Merck$65B$28B6.3x6.2x14.7x21.0x
Roche$77B$26B5.0x4.9x14.6x12.4x
Novartis$57B$22B5.5x5.5x14.2x13.3x
AstraZeneca$59B$19B4.8x4.5x14.6x12.7x
Amgen$37B$17B6.8x6.5x14.8x14.4x

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Common questions about Nuclera

When was Nuclera founded?Nuclera was founded in 2013.
Where is Nuclera headquartered?Nuclera is headquartered in Cambridge, United Kingdom.
Is Nuclera publicly listed?No, Nuclera is a private, VC-backed company.
How much funding has Nuclera raised?Nuclera has raised $156M across 6 funding rounds.
What was Nuclera's last funding round?Nuclera's last funding round was a $12M Series C in January 2026, led by Elevage Medical Technologies and Jonathan Milner.
Who are Nuclera's investors?Nuclera's investors include Jonathan Milner, RT Partners, British Business Bank, E Ink Hldgs, GK Goh, Verve Ventures, Elevage Medical Technologies, Future Planet Capital, Patient Square Capital, Uni Power Group and 7 others.
Which companies are comparable to Nuclera?Companies comparable to Nuclera include Merck KGaA, Sinovac Life Sciences, Immunai, ZSPepLib, Eli Lilly and Johnson & Johnson.
How many companies has Nuclera acquired?Nuclera has acquired 1 company, including E Ink Hldgs.

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