Tech Company Financing Transactions

Biotic Funding Round

Biotic, based in Tel Aviv, secured $2 million from Cambridge Agritech, Norfolk Green Ventures and Paseo Rosalez.

Transaction Overview

Company Name
Announced On
11/8/2022
Transaction Type
Venture Equity
Amount
$2,040,000
Round
Seed
Investors

Cambridge Agritech (Lead Investor)

Norfolk Green Ventures (Lead Investor)

Paseo Rosalez (Lead Investor)

TenNine.vc (Lead Investor)

The Yield Lab Asia Pacific (Lead Investor)

UM6P Ventures (Lead Investor)

Rockstart

Proceeds Purpose
The company intends to use the funds to to build a plant, optimize processes, and increase production capacity.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Kfar Saba
Tel Aviv, Undisclosed
IL
Phone
Undisclosed
Email Address
Overview
Biotic envisions a world where plastic is not a concern. A world in which the consumer purchases the product in the exact same manner, and after use, tosses it to any trash without the need to sort or recycle, while the product fully biodegrades, no matter to the environment. Costs stay the same, corporations can seamlessly fulfill consumer demands, align with current consumer habits, all while restoring the planet.
Profile
Biotic LinkedIn Company Profile
Social Media
Biotic Company Twitter Account
Company News
Biotic News
Facebook
Biotic on Facebook
YouTube
Biotic on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Adi Goldman
  Adi Goldman LinkedIn Profile  Adi Goldman Twitter Account  Adi Goldman News  Adi Goldman on Facebook
Chief Operating Officer
Eran Perlstein
  Eran Perlstein LinkedIn Profile  Eran Perlstein Twitter Account  Eran Perlstein News  Eran Perlstein on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/7/2022: Roslin Technologies venture capital transaction
Next: 11/8/2022: Fordefi venture capital transaction

 

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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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