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§ Private Profile · Hinwil, Zurich
Drug discovery company using AI-driven platforms to develop degrader molecules for biopharma, targeting neurodegenerative diseases and oncology.
Key people at Celeris AG.
Celeris AG was founded in 2001 by Martin Altorfer (Founder and CEO).
Celeris AG is an artificial intelligence-driven drug discovery company developing novel degrader molecules and proximity-inducing compounds for targeted protein degradation, with operations based in Menlo Park, California, and Graz, Austria. Founded in 2020 by Christopher Trummer and Jakob Hohenberger, the organization utilizes its proprietary Celeris One platform to target undruggable pathogenic proteins linked to oncology and neurodegenerative conditions like Parkinson's disease. Operating with fewer than 25 employees, the biopharma firm manages a partially integrated process encompassing computational prediction, chemical synthesis, and biological validation for its therapeutics. The company has secured nearly €6 million in seed funding alongside a €12.5 million grant from the European Innovation Council to advance its preclinical pipeline and expand its laboratory facilities. Its notable venture capital backers include investors such as R42, longevitytech.fund, APEX, Pace Ventures Enigma, and i&i Biotech.
Key people at Celeris AG.
Celeris Group (operating as Celeris AG) is a European advisory firm specializing in digital policy guidance and IT solutions for governments, institutions, and businesses in Europe and the Middle East.[1] It advises on key digital initiatives like eInvoicing, eProcurement (including PEPPOL), SEPA payments, and blockchain applications, while developing practical IT tools for public and private sectors to drive commercial innovation.[1] With a core team of specialists and a broad network of experts, Celeris acts as project mediators, consortium partners, and solution developers, focusing on impactful projects that support Europe's SME ecosystem and extend to regions like the UK, Australia, and Turkey.[1]
The firm emphasizes actionable insights and measurable results, having led eInvoicing advisory at the European Commission, implemented PEPPOL frameworks across governments and corporates, and supported fintechs with payment directives.[1] Its work bridges policy and technology, fostering adoption of digital services standards that enhance efficiency in procurement, invoicing, and data management.
Celeris Group emerged from the vision of its founder, who recognized the need to translate digital policy expertise into practical commercial applications amid Europe's push for digital transformation.[1] Established to collaborate with nation states and institutions in countries like the UK, Italy, Ireland, and Malta, it built on contributions to major EU initiatives, including PEPPOL adoption and SEPA implementations.[1] Key early milestones include leading eInvoicing activities at the European Commission DG GROW, developing eInvoicing/eProcurement services in EU-funded projects, and establishing the PEPPOL Authority for England's NHS, integrating eOrders, eInvoices, and GS1 identifiers.[1]
The firm's evolution reflects a shift from pure advisory to full project realization, leveraging a network of experts for tailored solutions in digital services.[1] It has since expanded influence beyond the EU, advising governments and companies globally while maintaining a focus on SME-friendly innovations.
Celeris rides the wave of Europe's digital single market initiatives, capitalizing on mandates for eInvoicing, eProcurement, and open standards like PEPPOL to standardize cross-border digital services.[1] Timing is ideal amid post-Brexit alignments, PSD2 fintech growth, and global pushes for efficient public spending, where its advisory has directly influenced adoption by institutions and SMEs.[1] Market forces like rising e-government demands and SME digitization challenges favor Celeris, positioning it to shape ecosystems in payments, procurement, and data interoperability.[1]
By mediating public-private consortia, Celeris amplifies tech adoption, reducing fragmentation in Europe's digital economy and enabling scalable innovations that benefit startups and incumbents alike.[1]
Celeris is poised to expand in emerging digital regs like ViDA (VAT in the Digital Age) and instant payments, deepening blockchain/eProcurement tools while entering high-growth markets in the Middle East and beyond.[1] Trends in AI-driven compliance and sustainable procurement will shape its trajectory, potentially amplifying its role in EU-wide standards. Its influence may evolve toward leading next-gen platforms, solidifying its niche as the go-to for policy-backed digital transformation—proving once more that expertise shines through real-world impact.[1]
Celeris AG was founded in 2001 by Martin Altorfer (Founder and CEO).
