Fundz

Meala Foodtech Secures Us$1.9M In Pre-Seed Round

PRIVATEFeb 08, 2023

Amount Raised

$1.9 Million

Round Type

Pre-Seed

HaifaFood And BeverageFood Processing

Investors

Milk & Honey VenturesDsm VenturingThe Kitchen Food Tech Hub

Description

Start-up Meala FoodTech, Ltd., the developer of a functional protein platform, announces the close of USD1.9M in pre-seed investment. The round was led by The Kitchen FoodTech Hub, part of The Strauss-Group and DSM Venturing (the corporate venture arm of the Dutch multinational Royal DSM); with participation of Milk & Honey Ventures, specializing in alt-protein investments DSM Venturing's contribution marks its third investment in the Israeli FoodTech ecosystem in 2022.

Quick answer

Meala raised $1.9 Million in a Pre-Seed round, dated February 8, 2023. Investors: Milk & Honey Ventures, Dsm Venturing and The Kitchen Food Tech Hub. Meala is based in Haifa, Haifa District, Israel.

How much did Meala raise?
Meala raised $1.9 Million in a Pre-Seed round on February 8, 2023.
Who invested in Meala?
Milk & Honey Ventures, Dsm Venturing and The Kitchen Food Tech Hub are named as investors in this round.
What does Meala do?
Meala was founded in 2021 by product innovation specialist Hadar Ekhoiz Razmovich; Tali Feldman Sivan, PhD, a serial entrepreneur and business strategist; and Liran Gruda, CIO and culinary chef.
Where is Meala based and how big is it?
Meala is based in Haifa, Haifa District, Israel.

Source: Fundz verified event record.

Who else raised in Food And Beverage and Food Processing around the same time

Companies in the same sectors as Meala that raised within 45 days of this round, from Fundz verified event records.

  • Planetarians raised $6M (Funding Round) on February 16, 2023.
  • Reed’s raised $2.5M (Seed) on February 14, 2023.
  • Xiao Chi Jie raised $21M on January 30, 2023.
  • The ISH™ Food Company raised an undisclosed amount (Funding Round) on January 24, 2023.
  • 8 Myles Inc raised an undisclosed amount (Funding Round) on March 24, 2023.
  • NextFoods raised $5M on March 24, 2023.

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Company Information

Company

Meala

Location

Haifa, Haifa District, Israel

About

Meala was founded in 2021 by product innovation specialist Hadar Ekhoiz Razmovich; Tali Feldman Sivan, PhD, a serial entrepreneur and business strategist; and Liran Gruda, CIO and culinary chef. After delving into the meat alternative category in depth, the trio joined forces on a mission to bridge the gap between processed vegan products currently available, and the perception that plant-based products are better for you, and to break down the last barriers between meat and meat analogs.

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