Tech Company Financing Transactions
Mermade Seafoods Funding Round
Mermade Seafoods, based in Jerusalem, received $3.3 million from Fall Line Capital, private investors and OurCrowd.
Transaction Overview
Company Name
Announced On
8/30/2022
Transaction Type
Venture Equity
Amount
$3,300,000
Round
Seed
Investors
Fall Line Capital (Lead Investor)
private investors (Lead Investor) (Sake Bosch)
OurCrowd (Lead Investor)
Proceeds Purpose
The company intends to use the funds to to develop a product and reach laboratory-scale production by 2023.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
Prof. Racah 3
Jerusalem, Undisclosed
Israel
Jerusalem, Undisclosed
Israel
Phone
Undisclosed
Website
Email Address
Overview
Mermade is a pioneering cellular aquaculture company, bringing a novel approach and mindset for the production of cell based seafood. Our approach enables mass production of cultured seafood using a sustainable and recyclable fermentation-based process that results in clean, healthy, and sustainable protein-rich seafood products, bringing food security for future generations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Einhorn
Chief Operating Officer
Tomer Halevy
Chief Technical Officer
Rotem Kadir
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