Tech Company Financing Transactions
Profuse Technology Funding Round
Green Circle Foodtech Ventures, Kayma and OurCrowd participated in a $2.5 million Seed funding round for Profuse Technology. The round closed on 9/15/2022.
Transaction Overview
Company Name
Announced On
9/15/2022
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Proceeds Purpose
The company will use the funds to collaborate with cultivated meat producers, obtain FDA regulatory approval, and expand the research and development team, as well as its laboratories. The funds will also position the company to source significant capital raising at the end of the second quarter of 2023 to commercialize its customer collaborations.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
30 Hatsav St., Top Line Hill
Qiryat Shemona, Undisclosed
IL
Qiryat Shemona, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
ProFuse Technology turns the vision of cultivated meat into a reality with its revolutionary solution that enables the price parity of cultivated meat with that of animal origin. The company's technology revolutionizes cultivated meat production by shortening its duration, improving the meat quality and increasing yields.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Guy Michrowski
Chief Technical Officer
Tamar Hirsh
Browse more venture capital transactions:
Prev: 9/15/2022: Transaera venture capital transaction
Next: 9/15/2022: Portofino Technologies venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC transactions on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs