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Phytolon Secures Substantial Funding Toward Launching Innovative Natural Food Colors

PRIVATEOct 05, 2023

Round Type

Funding Round

YOKNEAM ILLITInformation TechnologyHealth Care

Description

After hitting fundamental milestones since the last financing round, Phytolon secures additional funding to support its commercial activities toward the first launch of its natural food colors (made by fermentation) in the food and beverage markets.

Quick answer

Phytolon raised an undisclosed amount in a Funding Round round, dated October 5, 2023. Phytolon is based in YOKNEAM ILLIT, Israel.

How much did Phytolon raise?
Phytolon raised an undisclosed amount in a Funding Round round on October 5, 2023.
What does Phytolon do?
Phytolon is an Israel-based biotechnology startup company that is taking food coloring to the next level by leveraging a novel technology to produce natural pigments via precision fermentation of yeast.
Where is Phytolon based and how big is it?
Phytolon is based in YOKNEAM ILLIT, Israel. Fundz records about 24 employees.
Who are the decision-makers at Phytolon?
Fundz holds 2 contacts at Phytolon, including the Co-founder and CTO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Health Care around the same time

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

  • Supira Medical raised $21M on November 17, 2023.
  • Sollis Health raised $5.1M on November 17, 2023.
  • Greenbrook TMS raised $2.5M (Seed) on November 16, 2023.
  • On Target Laboratories raised $30M (Funding Round) on November 16, 2023.
  • Nature's Toolbox raised $48M (Series B) on November 16, 2023.
  • Route 92 Medical raised $31M (Series F) on November 16, 2023.

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Company Information

Company

Phytolon

Location

YOKNEAM ILLIT, Israel

About

Phytolon is an Israel-based biotechnology startup company that is taking food coloring to the next level by leveraging a novel technology to produce natural pigments via precision fermentation of yeast. Phytolon is supported by partners such as The Trendlines Group (SGX: 42T) (OTCQX: TRNLY), DSM Venturing, Cibus Fund, Ginkgo Bioworks, Millennium Foodtech, The Trendlines Agrifood Fund, EIT-Food , Agriline (administered by Consensus Business Group), Arkin Holdings, Yossi Ackerman, and others. For more information, visit www.phytolon.com

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Related People

2 contacts
Verified contactsTal Z., Co-founder and CTO hidden hiddenSee plans and pricing
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