# Imagindairy

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

- Industry: Biotechnology
- Headquarters: Tirat Carmel, Israel
- Website: www.imagindairy.com
- Total disclosed funding: $28M
- Latest round: Seed (May 18, 2022)
- Investors on record: 10

## About

Based in Israel, Imagindairy Ltd specializes in the development of animal-free dairy proteins, leveraging advanced fermentation techniques to create sustainable dairy alternatives that replicate the taste and nutritional profile of traditional dairy products.Imagindairy Ltd, founded in 2020, is based in Tirat Carmel, Israel, and focuses on producing innovative animal-free dairy proteins. The company completed its most recent funding round, a Seed round, in April 2023, raising USD 15.00 mn led by Target Global, among other investors. Arie Abo is the founder of the company, which has engaged in a total of 4 deals since its inception.Imagindairy specializes in the development and production of animal-free dairy proteins, utilizing advanced fermentation techniques to replicate the taste, texture, and nutritional profile of traditional dairy products. The company's core offerings include lactose-free, growth hormone-free, and cholesterol-free dairy alternatives that deliver the same bold flavor and mouthfeel as cow-derived dairy. These products aim to address growing concerns about food sustainability, environmental impact, and consumer health. Imagindairy's customer base encompasses food manufacturers and retailers looking to incorporate innovative dairy alternatives into their product lines. Their products are marketed primarily in North America and Europe, where there is a significant demand for sustainable food solutions.Imagindairy generates revenue through partnerships and direct sales of its dairy alternative products to B2B clients, including food manufacturers and distributors. The company’s business model includes bulk transactions where clients place orders based on their production needs, capitalizing on the rising demand for plant-based and animal-free products. Transactions often involve long-term contracts with food companies that seek to integrate Imagindairy’s offerings into their existing product lines. Specific pricing plans for these products are structured to reflect the innovative technology used in their production, with varying costs depending on the scale and nature of the partnership. Flagship products, which are integral to their market strategy, play a central role in securing ongoing orders from established food industry players.Imagindairy Ltd plans to utilize the funding raised in April 2023 to enhance its growth, scale its products, and build its own facility. The company is actively designing upcoming products that focus on expanding its portfolio of dairy alternatives. Additionally, Imagindairy is targeting expansion into new markets, particularly in North America and Europe, to meet the rising demand for sustainable food solutions.

## Funding rounds

- Seed, May 18, 2022, $15M — Emerald Technology Ventures, Strauss Group, Collaborative Fund, Target Global, PeakBridge, Green Circle Capital Partners, New Climate Ventures
- Seed, Nov 17, 2021, $13M — MoreVC, Emerald Technology Ventures, Strauss Group, Collaborative Fund, Entree Capital, S2G Ventures, Green Circle Capital Partners, New Climate Ventures

## Investors

- MoreVC (https://capitalatlas.ai/funds/morevc) — Seed
- Emerald Technology Ventures (https://capitalatlas.ai/funds/emerald-technology-ventures) — Seed
- Strauss Group — Seed
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- Entree Capital (https://capitalatlas.ai/funds/entree-capital) — Seed
- S2G Ventures (https://capitalatlas.ai/funds/s2g-ventures) — Seed
- Green Circle Capital Partners (https://capitalatlas.ai/funds/green-circle-capital-partners) — Seed
- New Climate Ventures (https://capitalatlas.ai/funds/new-climate-ventures) — Seed
- Target Global (https://capitalatlas.ai/funds/target-global) — Seed
- PeakBridge (https://capitalatlas.ai/funds/peakbridge) — Seed