# Brevel

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

- Industry: Biotechnology
- Headquarters: Shekef, Israel
- Website: www.brevel.co.il
- Total disclosed funding: $24M
- Latest round: Seed (Mar 24, 2025)
- Investors on record: 8

## About

Established in 2016 and based in HaDarom, Israel, Brevel Ltd. operates as a provider of microalgae-based protein technology. The company was co-founded by three Golan brothers -- Yonatan Golan, Ido Golan and Matan Golan, who respectively serves as CEO, CTO, and GM in the company. In July 2023, Brevel Ltd. raised USD 18.5 million in seed funding led by new investor NevaTeam Partners, with participation from another new investor EIC Fund. Other unspecified investors also participated in the round. The company's core technology combines sugar-based fermentation of microalgae with a high concentration of light at industrial scales, which results a protein that will be price competitive with pea and soy and is color and flavor neutral. The protein can solve immediate challenges in plant-based dairy and egg products that lack a valuable nutritional profile due to the need for very mildly flavored protein sources. The fund raised in 2022 will be utilized to build a commercial pilot factory which will serve as the basis for scaling Brevel’s proprietary technology and enhancing R&D capabilities.

## Funding rounds

- Seed, Mar 24, 2025, $5M — European Innovation Council, Siddhi Capital, Good Startup, Food Tech Lab, PVS Investments, NevaTeam Partners
- Seed, Jul 25, 2023, $19M — European Innovation Council, NevaTeam Partners
- Seed, May 26, 2022 — Good Startup, Tet Ventures, NevaTeam Partners, FoodHack

## Investors

- Good Startup (https://capitalatlas.ai/funds/good-startup) — Seed
- Tet Ventures (https://capitalatlas.ai/funds/tet-ventures) — Seed
- NevaTeam Partners (https://capitalatlas.ai/funds/nevateam-partners) — Seed
- FoodHack — Seed
- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Seed
- Siddhi Capital (https://capitalatlas.ai/funds/siddhi-capital) — Seed
- Food Tech Lab (https://capitalatlas.ai/funds/food-tech-lab) — Seed
- PVS Investments (https://capitalatlas.ai/funds/pvs-investments) — Seed