# ProFuse Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/profuse-technology

- Industry: Biotechnology
- Headquarters: Israel
- Website: www.profuse-tech.com
- Total disclosed funding: $2.5M
- Latest round: Seed (Sep 15, 2022)
- Investors on record: 6

## About

Based in Israel and founded in 2021, ProFuse Technology is a food-tech startup that operates as a muscle differentiation, fusion, and maturation specialist. In September 2022, ProFuse Technology raised USD 2.5 million in Seed funding from Green Circle Foodtech Ventures, including Kayma, Siddhi Capital, LLC., OurCrowd, and Tempo Beer Industries Ltd. Tamar Eigler-Hirsh (CTO) and Guy Nevo Michrowski (CEO) are the co-founders of the company.

The company develops a solution that reduces production time, increases yield, and enhances the production capacity of cultured meat by accelerating muscle fiber growth. The firm's solutions and additives are based on the activation of a biochemical signaling pathway that acts at two phases of myogenesis, accelerating differentiation and enhancing the fusion of myoblasts.

The organization plans to use the September 2022 funding to collaborate with cultivated meat producers, obtain FDA regulatory approval, expand the research and development team, as well as its laboratories, and commercialize its customer collaborations.

## Funding rounds

- Seed, Sep 15, 2022, $2.5M — Tempo Beer Industries Ltd., Tnuva Food Industries, OurCrowd, Siddhi Capital, Green Circle Capital Partners, Kayma

## Investors

- Tempo Beer Industries Ltd. — Seed
- Tnuva Food Industries — Seed
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Seed
- Siddhi Capital (https://capitalatlas.ai/funds/siddhi-capital) — Seed
- Green Circle Capital Partners (https://capitalatlas.ai/funds/green-circle-capital-partners) — Seed
- Kayma — Seed