# Mediterranean Food Lab

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mediterranean-food-lab

- Industry: Food
- Headquarters: Tel Aviv, Israel
- Website: www.med-food-lab.com
- Total disclosed funding: $17M
- Latest round: Series A (Jan 17, 2024)
- Investors on record: 3

## About

Based in Tel-Aviv, Israel, and founded in 2019 by CEO B.Z. Goldberg, Yair Yosefi, and Omer Ben-Gal, Mediterranean Food Lab Ltd., a.k.a. The Mediterranean Food Lab operates as a food-tech company that focuses on producing food products by transforming real food ingredients like grains, legumes, and agro-industrial waste streams into alternative proteins via a flavor-creating platform. The company integrates fermentation technology with an AI-powered computational platform to produce ingredients. In January 2024, The Mediterranean Food Lab raised USD 17 million in a Series A funding led by Gullspång Re:food, with participation from Arancia International, FoodBridge, and PeakBridge.

The company uses microbes to eat away at a substrate, such as grains, legumes, or food industry waste streams, and then uses the enzymes that are produced to serve as biocatalysts in a second fermentation stage to create ingredients, such as fermented chickpea, instead of natural flavors.

The Mediterranean Food Lab plans to use its proceeds from January 2024 funding to further develop its fermentation technology to add more flavoring ingredients.

## Funding rounds

- Series A, Jan 17, 2024, $17M — Arancia International, PeakBridge, Gullspång Re:food
- Seed, Jun 1, 2021 — PeakBridge

## Investors

- PeakBridge (https://capitalatlas.ai/funds/peakbridge) — Seed, Series A
- Arancia International — Series A
- Gullspång Re:food (https://capitalatlas.ai/funds/gullspang-re-food) — Series A