Aleph Farms
Aleph Farms Raises $105M in Series C
Quick Facts
Aleph Farms Raises $105M in Series C
Aleph Farms has successfully raised $105M in a Series C at a $500M valuation led by DisruptAD, Cargill, VisVires New Protein, Migdal Insurance.
Company Overview
Aleph Farms is a Food Tech company headquartered in Rehovot, Israel, founded in 2017 with 150+ employees.
Cultivated beef steaks
Fundraising Details
- Amount Raised: $105M
- Round Type: Series C
- Valuation: $500M
- Date: 2024-04-16
- Investors: DisruptAD, Cargill, VisVires New Protein, Migdal Insurance
About Aleph Farms
Cultivated beef steaks The company is positioned in the Food Tech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Rehovot, Israel
- Founded: 2017
- Team Size: 150+
- Industry: Food Tech
What This Means
This funding round demonstrates strong investor confidence in Aleph Farms's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Food Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Aleph Farms's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $500M valuation marks an important milestone for Aleph Farms, positioning the company among notable players in the Food Tech industry.
Looking Ahead
With this new capital, Aleph Farms is well-positioned to execute on its growth strategy and continue building innovative solutions in the Food Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-04-16. For more information about Aleph Farms, visit their headquarters at Rehovot, Israel.
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