# MadeRight

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

- Industry: Environmental Services
- Headquarters: Qiryat Shemona, Israel
- Website: www.maderight.co
- Total disclosed funding: $2M
- Latest round: Seed (Aug 24, 2023)
- Investors on record: 3

## About

Founded in 2022 and based in Qiryat Shemona, Israel, MadeRight operates as a manufacturer of biomaterials for the packaging industry that uses organic waste such as fungi. In August 2023, MadeRight raised USD 2 million in seed funding led by new investor Fresh Start Ltd., with participation from other new investors Arc Impact and Arkin Holdings. Other unspecified investors also participated in the round.

MadeRight cultivates fungi using organic industrial waste as a nutrient source, creating a versatile and eco-friendly biomaterial that meets the packaging requirements of diverse industries. This cutting-edge approach involves growing fungi on industrial organic waste, converting them into high-value biomaterials, and producing drop-in solutions that can seamlessly integrate into existing machinery.

The company will use the funding to further develop its product and finally open its packaging product to the market.

## Funding rounds

- Seed, Aug 24, 2023, $2M — Arkin Capital, Arc Impact, Fresh Start Ltd.

## Investors

- Arkin Capital (https://capitalatlas.ai/funds/arkin-capital) — Seed
- Arc Impact (https://capitalatlas.ai/funds/arc-impact) — Seed
- Fresh Start Ltd. — Seed