Genesea
Company

Last deal

Amount

Non-equity Assistance

Stage

28.03.2023

Date

2

all rounds

$400K

Total amount

General

About Company
Genesea is an Israeli company that produces food ingredients from seaweeds.

Industry

Sector :

Subsector :

founded date

2021

Number of employees

Last funding type

Non-equity Assistance

IPO status

Private

Description

Founded in 2021 as a spinoff of Tel Aviv University, Genesea has grown its operations in Israel and New Zealand. With expertise in the food industry and marine biology, the founders and partners have developed a strong scalable technology that optimizes both the cultivation and extraction of algal protein. Their unique set of technologies covers the entire life cycle of seaweed biorefinery, from spore production to chemical-free extraction of food ingredients. With the goal of producing affordable and sustainable food ingredients, Genesea aims to become a leading company in the field, reducing deforestation and freshwater consumption for agriculture.
Contacts