Shiru Discovers $16 Million Round

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">BERKELEY<&sol;span><&sol;span> <&sol;strong>&&num;8212&semi; <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4299881-1&amp&semi;h&equals;155167863&amp&semi;u&equals;http&percnt;3A&percnt;2F&percnt;2Fwww&period;shiru&period;com&percnt;2F&amp&semi;a&equals;Shiru" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Shiru<&sol;a><&sol;u>&comma; a pioneer in AI-powered ingredient discovery&comma; has secured a <span class&equals;"xn-money">&dollar;16 million<&sol;span> investment round as it leads a revolution in how ingredients are discovered and developed across multiple industries&period;<&sol;p>&NewLine;<p>Shiru&&num;8217&semi;s flagship platform&comma; <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4299881-1&amp&semi;h&equals;3132580622&amp&semi;u&equals;http&percnt;3A&percnt;2F&percnt;2Fproteindiscovery&period;ai&percnt;2F&amp&semi;a&equals;ProteinDiscovery&period;ai" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">ProteinDiscovery&period;ai<&sol;a><&sol;u>&comma; hosts the world&&num;8217&semi;s largest database of natural proteins from plants and microbes&period; The AI-driven platform enables corporate partners in food&comma; personal care&comma; agriculture and advanced materials to swiftly identify and test highly functional&comma; natural ingredients&period; The results include dramatically reduced R&amp&semi;D and product development costs&comma; accelerated time to market and high functional capabilities from nature-identical products&period;<&sol;p>&NewLine;<p>&&num;8220&semi;AI-powered discovery isn&&num;8217&semi;t only the future of ingredient innovation &&num;8211&semi; it&&num;8217&semi;s here today&comma; and we&&num;8217&semi;re eager to expand our capabilities across flavor&comma; skincare and agriculture&comma;&&num;8221&semi; said Dr&period; <span class&equals;"xn-person">Jasmin Hume<&sol;span>&comma; Founder and CEO of Shiru&period; &&num;8220&semi;Our technology dramatically reduces development timelines and costs&comma; empowering R&amp&semi;D teams to revolutionize products&comma; categories and industries through our platform&comma; enabling valuable innovation and competitive advantage&period;&&num;8221&semi;<&sol;p>&NewLine;<p>The round&comma; bringing Shiru&&num;8217&semi;s total funding to <span class&equals;"xn-money">&dollar;36 million<&sol;span>&comma; was led by longtime investor S2G Ventures&comma; with participation from CPT Capital&comma; Lux Capital&comma; Nourish Ventures&comma; and Meach Cove Capital&period; This investment will fuel Shiru&&num;8217&semi;s ambitious growth plans&comma; expanding its ingredient portfolio and enhancing ProteinDiscovery&period;ai through new commercial partnerships and expanded offerings&period;<&sol;p>&NewLine;<p>Shiru&&num;8217&semi;s recent advancements underscore its leadership position in ingredient innovation&colon;<&sol;p>&NewLine;<ol type&equals;"1">&NewLine;<li>A joint partnership with Ajinomoto Health &amp&semi; Nutrition to develop and scale sweet proteins&comma; a long-sought goal in the food industry&period;<&sol;li>&NewLine;<li>The introduction of <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4299881-1&amp&semi;h&equals;2568624989&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fshiru&period;com&percnt;2Fproducts&percnt;2F&amp&semi;a&equals;OleoPro" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">OleoPro<&sol;a>&comma; a high-performance&comma; structured fat alternative that recently received a USPTO patent&semi; and uPro&comma; the active protein ingredient in OleoPro&period;<&sol;li>&NewLine;<li>Confirmed partnerships with global leaders including Griffith Foods to discover&comma; pilot and scale sustainable food ingredients&period;<&sol;li>&NewLine;<&sol;ol>&NewLine;<p>&&num;8220&semi;While we&&num;8217&semi;re starting with proteins&comma; our vision extends far beyond&comma;&&num;8221&semi; Hume added&period; &&num;8220&semi;ProteinDiscovery&period;ai is just the beginning&period; We&&num;8217&semi;re building a comprehensive platform that will revolutionize ingredient discovery across multiple molecular classes&comma; driving innovation that benefits both industry and consumers&period;&&num;8221&semi;<&sol;p>&NewLine;