ProFuse Technology
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ProFuse Technology

http://www.profuse-tech.com/
Last activity: 09.05.2024
Categories: BeverageDevelopmentFoodTechInvestmentLEDManufacturingProductionScienceTechnologyTime
ProFuse Technology turns the vision of cultivated meat into a reality with its revolutionary solution that enables the price parity of cultured meat with that of animal origin. The company's technology revolutionizes cultured meat producers’ production method, by shortening the process time, improving the meat quality and increasing yields. ProFuse's technology is based on a six years groundbreaking study by the Weizmann Institute of Science led by Professor Eldad Tzahor - a world-renowned expert in the field of embryonic development and cell regeneration, Dr. Ori Avinoam who specializes in intercellular fusion and tissue formation, and Dr. Tamar Eigler who specializes in stem cell biology muscle. The company started operating in 2021 under the leadership of Dr. Tamar Eigler (CTO) and Guy N. Michrowski (CEO), and is funded by the Fresh Start FoodTech Incubator, partnered by Tnuva (Israel’s largest food manufacturer), Tempo (Leading beverage company), OurCrowd's investments' platform and the international AgriFood VC Finistere Ventures.
Website visits
7.3K /mo.
Mentions
14
Location: Israel, North District, Kiryat Shmona
Employees: 1-10
Total raised: $6.33M
Founded date: 2021

Funding Rounds 3

DateSeriesAmountInvestors
09.05.2024Grant$2.58M-
15.09.2022Seed$2.5M-
19.10.2021-$1.25M-

Mentions in press and media 14

DateTitleDescription
09.05.2024ProFuse Technology Awarded €2.4M European Innovation Council Grant for Muscle Growth Solutions in Cultivated MeatProFuse Technology, an Israeli biotech company creating solutions for muscle growth in cultivated meat, announces it has been awarded a €2.4 million grant from the European Innovation Council (EIC) Transition program. The EIC Transition pro...
07.02.2024ProFuse Technology Launches Pioneering Bovine Cell Line for Cultivated BeefProFuse Technology, an Israeli biotech specializing in muscle tissue growth, announces the launch of a new bovine cell line for cultivating beef. Branded as PROFUSE-B8 and claimed as a pioneering development, the cell line arises from spont...
06.02.2024More meat, more quickly: ProFuse Technology unveils non-GM cell lines for cultivated meatIsraeli startup ProFuse Technology—best-known for media supplements claimed to dramatically increase the speed and efficiency of muscle tissue formation in cultivated meat—has moved into new territory with the launch of bovine cell lines op...
28.11.2023ProFuse Technology and Gelatex to Expedite Cultivated Meat by Enhancing Muscle GrowthIsraeli biotech ProFuse Technology, a biotech at the forefront of muscle tissue growth, and Gelatex Technologies, an Estonian materials technology company specializing in nanofibers, have partnered to advance cultivated meat production. The...
20.11.2023Crunch time for cultivated meat: ‘Probably 70-90% of players will fail in the next year’On paper, cultivated meat might seem like a no-brainer. Unlike plant-based options, which still don’t quite hit the spot for many consumers, it promises the allure of ‘real’ meat without the ethical and environmental baggage that comes with...
15.09.2023Meet the founders: Israel’s Fresh Start incubator on what makes a great pitch, red flags, and ‘coachable’ entrepreneursIn many respects, foodtech is not an obvious target for venture capital, which is not the most patient kind of cash. The ‘tech’ part notwithstanding, you’ve still got to secure regulatory approvals and get physical products into the marketp...
22.09.2022The Week in Agrifoodtech: Swiftly bags $100m for grocery tech, Pano’s $20m to fight wildfires with AIThis week, retail and grocery tech startup Swiftly bagged a mega-round while front-of-house restaurant software startup Zenchef cooked up new financing to expand its presence. In agtech, Pano raised funds to fight wildfires with AI and Land...
16.09.2022Israel-based foodtech startup Profuse Technology raises USD 2.5 million in a seed funding roundIsrael, September 15, 2022 — — Profuse Technology, an Israeli foodtech startup, today announced the completion of a USD 2.5 million seed funding round, bringing its total raised to USD 3.75 million since its founding. The company’s mission ...
15.09.2022Profuse Technology Raises $2.5M in Seed FundingProfuse Technology, a Kiryat Shemona – based foodtech startup focused on cultivated meat production, closed a $2.5m seed funding round. The round, which brought total funding raised to date to $3.75m since establishment, was led by Green Ci...
05.05.2022More meat, more quickly: Could ProFuse Technology’s small molecule cocktail help to transform the economics of cultivated meat?While there are many ways to improve the unit economics of cultivated meat, from reducing the cost of producing expensive growth factors used in cell culture media, to exploring ways to recycle media, to developing more efficient cell lines...
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