# Biobetter

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/biobetter

- Industry: Biotechnology
- Headquarters: Kiryat Shmona, Israel
- Website: www.biobetter.bio
- Total disclosed funding: $10M
- Latest round: Series A (Sep 7, 2022)
- Investors on record: 3

## About

Based in Kiryat Shmona, Israel, and founded in 2015 by Oded Shoseyov, Dana Yarden, and Avi Tzur, BioBetter is an agricultural technology company that repurposes and inherits the benefits of tobacco plants as bioreactors. In September 2022, BioBetter raised 10 million in Series A funding led by Jerusalem Venture Partners, with participation from Milk and Honey Investments and Israel Innovation Authority. As of October 2022, Amit Yaari is the Chief Executive Officer (CEO) of the company. 

BioBetter uses tobacco plants to transform them into natural bioreactors. They are grown in open fields with a long-term source of animal-free growth factors using renewable energy. The firm develops products such as BioBov FGF2, BioBov Transferrin, and BioBov Insulin to help advance the production of cultivated meat.

BioBetter plans to use September 2022 funding to reduce cultivated meat production costs and scale up production of cultivated meat, making it accessible to consumers globally.

## Funding rounds

- Series A, Sep 7, 2022, $10M — Jerusalem Venture Partners, Israel Innovation Authority, Milk and Honey Investments

## Investors

- Jerusalem Venture Partners (https://capitalatlas.ai/funds/jerusalem-venture-partners) — Series A
- Israel Innovation Authority — Series A
- Milk and Honey Investments — Series A