# Forsea Foods

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/forsea-foods

- Industry: Food
- Headquarters: Ashdod, Israel
- Website: www.forseafoods.com
- Total disclosed funding: $5.2M
- Latest round: Seed (Oct 26, 2022)
- Investors on record: 6

## About

Based in Ashdod, Israel, and founded in 2021, ForSea Foods Technologies Ltd. aka Forsea Foods Ltd. engages itself in seafood meat cultivation. In October 2022, the firm raised USD 5.2 million in Seed funding led by investor Target Global, with participation from other investors HackVentures Ltd., Milk & Honey Ventures, PeakBridge, The Kitchen - FoodTech Hub, and ZORA Ventures. The company was co-founded by Roee Nir, Dr.Yaniv Elkouby, and Dr. Iftach Nechman.

The company offers healthy seafood like eel meat, for preserving the fish population in the marine ecosystem. At the same time, it secures ocean health and wealth by using a non-GMO organoid technology platform and nature tissue formation methods for its cultivation.

The company plans to use the October 2022 funding to focus on product research and development, enhancing the productivity of its eel meat.

## Funding rounds

- Seed, Oct 26, 2022, $5.2M — Target Global, ZORA Ventures, PeakBridge, The Kitchen - FoodTech Hub, HackVentures Ltd., Milk & Honey Ventures

## Investors

- Target Global (https://capitalatlas.ai/funds/target-global) — Seed
- ZORA Ventures (https://capitalatlas.ai/funds/zora-ventures) — Seed
- PeakBridge (https://capitalatlas.ai/funds/peakbridge) — Seed
- The Kitchen - FoodTech Hub — Seed
- HackVentures Ltd. — Seed
- Milk & Honey Ventures — Seed