Israel’s 50+ FoodTech Unicorns, Soonicorns and Futurecorns By Arman Anatürk December 13, 2021 Highlights: Even with just a population of 9.5 million people, Israel punches far above its weight when it comes to food and agritech. Startups in general thrive in Israel, with Israeli startups raising a record $25.4 billion in first 11 months of 2021 The state has also long been home to pioneering academic institutions that work hard on agri-foodtech, from Technion to the Hebrew University. The country has a st
Source : Israel’s 50+ FoodTech Unicorns, Soonicorns and Futurecorns | FoodHack
Highlights:
- Even with just a population of 9.5 million people, Israel punches far above its weight when it comes to food and agritech. Startups in general thrive in Israel, with Israeli startups raising a record $25.4 billion in first 11 months of 2021
- The state has also long been home to pioneering academic institutions that work hard on agri-foodtech, from Technion to the Hebrew University. The country has a strong, academic foundation based on science that aids the startup ecosystem, provides amazing talent and infrastructure, and produces plenty of novel ideas.
- So which startups could soon gain their unicorn status? We asked around to identify Israels FoodTech Unicorns ($1bn+ Valuation), Soonicorns ($50m+ in funding) and Futurecorns ($5m – $50m in funding).
Note:
- To help you keep track of Israel FoodTech Unicorns, Soonicorns and Futurecorns – FoodHack’s has compiled a list using public data and our own research — with round estimates from Crunchbase and Start-Up Nation Finder.
- To go behind the data and learn more about the trends driving the Israeli FoodTech boom, read the full report here (a FoodHack+ exclusive)
- Check back regularly as we’ll update the list whenever a new company makes the cut. To be added to the list, companies must hit the following criteria: headquartered in Israel; FoodTech focussed, founded in 2000 or later; private (not listed or acquired).
- Please let us know if we’ve missed any at team@foodhack.global
Israels FoodTech Unicorns
- Fabric
📍 New York, United States (No longer HQ’d In Israel)
❓ Robotic solutions for the fulfilment center.
💸 Raised: $336M – Latest: Series C
👀 Investors: Innovation Endeavors, Aleph, Playground Global, Aleph, Corner Ventures, Canada Pension Plan Investment Board, Evolv Ventures, Temasek Holdings, Pontifak AgTech, KSH Capital, CPP Investment, Union Tech Ventures, Wharton Equity Partners, Princeville Capital
Israels FoodTech Soonicorns
- Future Meat Technologies
📍 Jerusalem, Israel
❓ Cultivated meat producer
💸 Raised: $360M – Latest: Series B (ongoing)
👀 Investors: Tyson Foods, ADM, Müller Group, Rich’s Products Corporation, S2G Ventures, ADM Capital, Emerald Technology Ventures, Manta Ray Ventures, Bits x Bites, Agrinovation, Henry Soesanto - Aleph Farms
📍 Rehovot, HaMerkaz, Israel
❓ Cultivated meat producer
💸 Raised: $131.4M – Latest: Series B
👀 Investors: The Kitchen FoodTech Hub, New Crop Capital, Peregrine Ventures, VisVires New Protein, Jesselson Capital, Strauss Group, M-Industry, Cargill, Technion Seed, CPT Capital, Millennium FoodTech, BRF, Skyviews Life Science, Peregrine Ventures, Thai Union Group, L Catterton, Alumni Ventures, Leonardo DoCaprio - Trigo Vision
📍 Tel Aviv, Israel
❓ AI-powered infrastructure for retail stores.
💸 Raised: $99m – Latest: Venture round
👀 Investors: Hetz Ventures, Vertex Ventures, Red Dot Capital Partners, 83North, Tesco, Morrag Investments, Rewe Group, Viola Growth - DayTwo
📍 California, United States (No longer HQ’d In Israel)
❓ Precision nutrition for metabolic disease.
💸 Raised: $90M – Latest: Series B
👀 Investors: Marius Nacht, Seventure Partners, Mayo clinic, Johnson & Johnson, CenturyPartners, aMoon Fund, Samsung NEXT, Longliv Ventures, Cathay Innovation, 10D, Poalim Equity - Tipa
📍 Hod Hasharon, HaMerkaz, Israel
❓ Produces fully compostable flexible packaging.
💸 Raised: $50M – Latest: Series C
👀 Investors: GreenSoil Investments, Aviv Venture Capital, Horizons Ventures, Austin Hearst, Gabriela Hearst, Blue Horizon, Alumni Ventures, Triodos Investment Management, Millennium FoodTech
- Ukko
📍 Palo Alto, California, United States
❓ Developing food allergy treatments using AI.
💸 Raised: $47.7M – Latest: Series B
👀 Investors: Khosla Ventures, Fall Line Capital, Leaps by Bayer, PeakBridge, Innovation Endeavors, Marc Benioff, Continental Grain Company, Skyviews Life Science
- Redefine Meat
📍 Tel Aviv, Israel
❓ 3D printing technology for animal-free meat.
💸 Raised: $35M – Latest: Series A
👀 Investors: CPT Capital, Hanaco Venture Capital, PHW Group, Losa Group, K3 Ventures, Happiness Capital, Sake Bosch, Rafi Gidron
- SOLATO
📍 Ma’alot, Israel
❓ Hardware for countertop gelato making
💸 Raised: Not Disclosed – Latest: –
👀 Investors:
Israels FoodTech Futurecorns
- SeeTree
📍 Herzliya, Tel Aviv, Israel
❓ Agtech platform that with insights and actionable analytics for farmers
💸 Raised: $44.7M – Latest: Series B
👀 Investors: Canaan Partners, Israel, Uri Levine, Hanaco Venture Capital, Mindset Ventures, iAngels, Orbia Ventures, Kubato, Hanco Venture Capital, Citrosuco, International Finance Corporation - Innovopro
📍 Rishpon, HaMerkaz, Israel
❓ Develops plant based food products from chickpea.
💸 Raised: $38.8M – Latest: Series B
👀 Investors: FoodLab Capital, EASME, ID Capital, Yara Ventures, Bits x Bites, Migros, Ran Tuttnauer, Jerusalem Venture Partners, Rhodium, Custos Privatstifung, Wolgang Leitner, CPT Capital, Rabobank, ICOS Capital - Equinom
📍 Rehovot, HaMerkaz, Israel
❓ Computational seed breeding company that delivers customised seeds.
💸 Raised: $37.6M – Latest: Series C
👀 Investors: Hazera Genetics, La Roquette, Fortissimo Capital, EASME, BASF Venture Capital, Fortissimo Capital, Trendline Group, Maverick Ventures Israel, Phoenix Insurance Company - DouxMatok
📍 Tel Aviv, Israel
❓ Targeted Delivery of Flavor Ingredients, such as sugar and salt
💸 Raised: $30.2M – Latest: Series B
👀 Investors: Foodlab Capital, EASMe, Pitango Venture Capital, Rhodium, Singha Ventures, BlueRed Partners, btov Partners, OurCrowd, DSM, Südzucker AG, La Maison ITF - CropX
📍 Netanya, HaMerkaz, Israel
❓ Ag analytics startup to optimise irrigation
💸 Raised: $24.3M – Latest: Series B
👀 Investors: Enterprise Angels, OurCrowd, GreenSoil Investments, Germin8 Ventures, Innovation Endeavours, Finistere Ventures, Kreos Capital, Robert Bosch Venture Capital, Flex Lab IX, SeedInvest, Summitomo Corp., Talk Capital, Armada Capital - BeeHero
📍 Fresno, California, United States (No longer HQ’d In Israel)
❓ Smart beehives enabling precision pollination for growers
💸 Raised: $24M – Latest: Series A
👀 Investors: UpWest, Technion DRIVE Accelerator, Entrée Capital, J-Ventures, Oded Hermoni, Good Company, Boaz Hecht, Rabobank, iAngels, European Commission, Gaingels, BIRD Foundation, Israel Innovation Authority, ADM Capital, First Time, Matias Ventures - Lumen
📍 Tel Aviv, Israel
❓ Device and app, enabling daily personalized nutrition
💸 Raised: $17.3M – Latest: Series B
👀 Investors: Kli Capital, Oren Zeev, Asymmetry Ventures, Gigi Levy Weiss, RiverPark Ventures, Ronald Cohen, Red Swan Ventures, Avishai Abrahami, Disruptive Technologies Venture Capital, Resolute Ventures, Yaron Samid, H&H Group, Unorthodox Ventures, Almeda Ventures - Hinoman
📍 Or Yehuda, Tel Aviv, Israel
❓ Producer of new protein cultivation
💸 Raised: $15M – Latest: Series B
👀 Investors: Ajinomoto
- Amai Proteins
📍 Rehovot, HaMerkaz, Israel
❓ Developer of sweet proteins for food & beverages.
💸 Raised: $12.3M – Latest: Seed
👀 Investors: The Kitchen FoodTech Hub, iAngels, Welltech Ventures, Dragones, SGInnovate, K3 Ventures, Aston Partners, Brad Bloom, Japan-Israel Venture Partners, Sucden, BayWa Ventures, Zora Ventures
- Imagindairy
📍 Tel Aviv, Israel
❓ Animal-free dairy proteins
💸 Raised: $13M – Latest: Seed
👀 Investors: CPT Capital, Entrèe Capital, PeakBridge, Strauss Group, Emerald Technology Ventures, Pierre Besnainou, S2G Ventures, New Climate Ventures, Collaborative Fund, MoreVC, Green Circle FoodTech Ventures - Remilk
📍 Tel Aviv, Israel
❓Producer of animal-free dairy through microbial fermentation.
💸 Raised: $11.3M – Latest: Series A
👀 Investors: CPT Capital, Fresh.Fund, OurCrowd, Tnuva, Beni Nofech, Sake Bosch, Hochland, Amiad Solomon, Tempo Beverages Cyprus, ProVeg International
- Genie
📍 Rishpon, HaMerkaz, Israel
❓ Single-serving pod-based cooking system (smart oven)
💸 Raised: $10M – Latest: Series A
👀 Investors: Carl Marks - Yemoja
📍 Qiryat Shmona, HaZafon, Israel
❓ Cultivating microalgae under controlled conditions
💸 Raised: $9.5M – Latest: Series A
👀 Investors: OXen9, Israel Innovation Authority, Asor Capital - Soos Technology
📍 Kidron, HaMerkaz, Israel
❓ Sex-reversal technology for the egg-laying industry
💸 Raised: $9.3M – Latest: Series A
👀 Investors: Grow-NY, Takwin, Columbus Group, Spaklabs Cultiv8, South Israel Bridging Fund - Yofix
📍 Ashdod, HaDarom, Israel
❓ Developer of fermented plant-based pre & probiotic foods.
💸 Raised: $9.1M – Latest: Series A
👀 Investors: The Kitchen – FoodTech Hub, Strauss Group, PepsiCo, Good Seed Ventures, Möller Ventures, LionTree, Bel Group, VegInvest, CPT Capital, Millennium FoodTech, Beni Nofech
- ChickP
📍 Rehovot, HaMerkaz, Israel
❓ Developer of chickpea protein as ingredients and meat/dairy analogues.
💸 Raised: $9.1M – Latest: Series A
👀 Investors: Growthwell Group - Better Juice
📍 Ashdod, HaDarom, Israel
❓ Developer of healthy alternative sugar.
💸 Raised: $8.6M – Latest: Seed
👀 Investors: MassChallenge, The Kitchen FoodTech Hub, EASME, iAngels, Schestowitz Group, The FoodTech Lab, Semillero Ventures, Neome, Maverick Ventures Israel - Zero Egg
📍 Kfar Saba, HaMerkaz, Israel
❓ Developer of nutritious plant-based eggs.
💸 Raised: $8M – Latest: Series A
👀 Investors: The Kitchen FoodTech Hub, New Crop Capital, PowerPlant Partners - TasteWise
📍 Tel Aviv, Tel Aviv, Israel
❓ AI-powered food trends intelligence and predictions
💸 Raised: $7.6M – Latest: Series A
👀 Investors: PICO Ventures Partners, PeakBridge - Phytolon
📍 HaZafon, Israel
❓ Biotech/fermentation-based natural food colorants
💸 Raised: $5.6M – Latest: –
👀 Investors: Israel Innovation authority, EIT Food, Yossi Ackerman, Millennium FoodTech, Trendlines Group - Wasteless
📍 Tel Aviv, Tel Aviv, Israel
❓ Dynamic pricing to reduce food waste
💸 Raised: $5.2M – Latest: Seed
👀 Investors: SOSV, Food Angels, Food-X, Slingshot Ventures, ZORA Ventures - Hargol FoodTech
📍 Misgav, HaZafon, Israel
❓ Commercial scale grasshopper farming
💸 Raised: $5M – Latest: Series B
👀 Investors: Trendlines Group, Sirius Venture Capital, SLJ Investment Partners - Super Meat
📍 Tel Aviv, Israel
❓ Cultivated meat producer
💸 Raised: $4.2M – Latest: Seed
👀 Investors: BackBone Ventures, Beni Nofech, New Crop Capital, Seier Capital, Starlight Ventures, PHW Group, Stray Dog Capital, Good Seed Ventures, Blue Horizon - MyAir
📍 Tel Aviv, Tel Aviv, Israel
❓ Personalized plant-based food products for stress management.
💸 Raised: $4M – Latest: Seed
👀 Investors: iAngels, TAU Ventures, Entrée Capital, The Chartered Group, Elah Fund - Rilbite
📍 Tel Aviv, Israel
❓ Developer of plant-based minced meat.
💸 Raised: $3.2M – Latest: Seed
👀 Investors: Israel Innovation Authority, The Kitchen FoodTech Hub, Strauss Group, BioMeat FoodTech - Plantish
📍 Tel Aviv, Israel
❓ Developer of whole cut plant-based alternative seafoods.
💸 Raised: $2M – Latest: Seed
👀 Investors: Beni Nofech, VegInvest, TechAviv Founder Partners, Sustainable Ocean Alliance, José Andrés, Gil Hirsch - Brevel
📍 Shekef, HaDarom, Israel
❓ Cultivating microalgae in bioreactors for food and feed applications
💸 Raised: $2M – Latest: Seed
👀 Investors: EASME, Israel Innovation Authority, MassChallenge - Chunk Foods
📍 Tel Aviv, Israel
❓ Producers of clean label, plant-based whole cut products.
💸 Raised: $2M – Latest: Pre-seed
👀 Investors: The E14 Fund, Stray Dog Capital, Good Seed Ventures
- Kinoko-Tech
📍 Rehovot, HaMerkaz, Israel
❓ Fermentation products based on edible mushrooms
💸 Raised: $2M – Latest: Seed
👀 Investors: Jerusalem Venture Partners (JVP), Israel Innovation Authority, Intempo ventures
- Inspecto
📍 Ashdod, HaDarom, Israel
❓ Quick and affordable test to detect the most common food contaminants
💸 Raised: $1.7M – Latest: Seed
👀 Investors: MassChallenge, EASME, Bits x Bites, Seventure Partners, The Kitchen FoodTech Hub - ProFuse Technology
📍 Qiryat Shmona, HaZafon, Israel
❓ Tech enabled solution to reduce cost of cultivated meat.
💸 Raised: $1.3M – Latest: Pre-Seed
👀 Investors: Fresh Start FoodTech Incubator - Vanilla Vida
📍 Ashdod, Israel
❓ Developing a cultivation process to enhance natural ingredients and flavors.
💸 Raised: $1M – Latest: Pre-A
👀 Investors: The Kitchen FoodTech Hub, PeakBridge VC - Mush Foods
📍 Tel Aviv, Tel Aviv, Israel
❓ Edible mushroom mycelium for animal-free and hybrid meat products
💸 Raised: $1M – Latest: Pre-Seed
👀 Investors: Beni Nofech, Kitchen Foodtech Hub, Israeli Innovation Authority
- MAOLAC
📍 Jerusalem, Yerushalayim, Israel
❓ Combines proteomics & AI to create Functional Milk Proteins (FMPs) that enable impact nutrition.
💸 Raised: $850K – Latest: Seed
👀 Investors: The Kitchen FoodTech Hub
- ANINA Culinary Art
📍 Ha-Bosem, Ashdod, Israel
❓ Natural Culinary Solutions to Prevent Food Waste
💸 Raised: $720k- Latest: Seed
👀 Investors: The Kitchen FoodTech hub
- Meat.The.End
📍 Tel Aviv, Israel
❓ B2B Plant-based food texturization.
💸 Raised: $450K – Latest: Pre-Seed
👀 Investors: Big Idea Ventures, Beni Nofech, Sustainable Food Ventures - OlfaGuard
📍 Haifa, Hefa, Israel
❓ E-Nose capable of detecting pathogens on food
💸 Raised: $400k – Latest: Seed
👀 Investors: Takwin
- Torr FoodTech
📍 Rishpon, Israel
❓ Developer of natural and healthy food ingredients.
💸 Raised: not disclosed – Latest: Seed
👀 Investors: Mondelēz International