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Cradle Funding Rounds & Valuation History (2022–2024)

Private Valuation & Funding Round Tracker · Cradle

Cradle funding rounds & valuation history

Cradle, the Amsterdam- and Zurich-based company whose generative AI platform helps scientists design and engineer proteins such as antibodies and enzymes. Funding from the Seed (Nov 2022) to the Series B (Nov 2024), sourced to Cradle, TechCrunch, IVP and Index Ventures.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 3 Currency: US$, nominal
Last closed round Closed
$73M
$73M Series B, Nov 2024
Raised in rounds listed
$102.5M
Sum of 3 closed rounds with a disclosed amount (GNF calc.)
Largest round
$73M
Series B, Nov 2024
Closed rounds listed
3
Nov 2022 to Nov 2024

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 3 of 3 rows
Cradle funding rounds, Nov 2022 to Nov 2024
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Series B
$73M
IVP
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Closed round
Series A
$24M
Index Ventures
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Closed round
SeedAnnounced as Cradle emerged from stealth (TechCrunch 16 Nov 2022; Cradle blog dated 17 Nov 2022).
$5.5M
Index VenturesWith: Kindred Capital
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Amount raised in each closed round

Amounts raised, not valuations: fewer than two closed rounds have a disclosed valuation.

Sources: Cradle, TechCrunch, IVP, Index Ventures. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 16 Nov 2022 · Closed

    Seed: $5.5M led by Index Ventures.

  2. 28 Nov 2023 · Closed

    Series A: $24M led by Index Ventures.

  3. 26 Nov 2024 · Closed

    Series B: $73M led by IVP.

Still private: Cradle has not filed for an IPO and has not been acquired.

Cite this dataset

Free to quote with a link back. Copy this citation:

Cradle Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 14 Nov 2026. https://growthnavigatefunding.net/funding/cradle/

Download the data

The same 3 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
cradle-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/cradle-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

Grants and partnership payments. Cradle announces in US dollars; no currency conversion applied.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (AI-50 batch, not yet published).

Sources

  1. Cradle: Cradle raises $73M Series B to Put AI-Powered Protein Engineering in Every Lab, 26 Nov 2024
  2. TechCrunch: Cradle builds out its protein-design AI platform (and wet lab) with $73M in new funding, 26 Nov 2024
  3. IVP: Cradle: Digital Biology Through AI, 26 Nov 2024
  4. TechCrunch: Protein programmers get a helping hand from Cradle's generative AI, 16 Nov 2022
  5. Cradle: We've raised $5.5M to design protein-machines and cell-factories with AI, 17 Nov 2022
  6. Cradle: Cradle raises $24M Series A and signs partnerships with industry leaders, 28 Nov 2023
  7. Index Ventures: Biotech Startup Cradle Raises $24M And Signs Partnerships With Industry Leaders, Nov 2023