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.