{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAwJiIs90JDA","lastupdate":"2023-07-26T00:00:00.000Z","update_date":"2023-07-26T00:00:00.000Z","lastModified":"Mar 5, 2025","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"nextferm-technologies","minimal_profile":null,"status":"Public","fullstatus":"Public on TASE on Jan, 2021;","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$FpmskLlu1AVfpM1RfmLJLsMvPbXUtcXuA0vZkCJh6oLd8waRpN6IrP.jpg","name":"NextFerm Technologies","oneliner":"Non-GMO Yeast Food ingredients","registrar":"514999952","website":"https://nextferm.com","careerspage":"","founded_month":12,"founded_year":2013,"formernames":[],"sociallinks":{"twitter":"","youtube":"https://www.youtube.com/channel/UCKR6AEiGC5pq_jddHNP0fiA","facebook":"https://www.facebook.com/nextferm","linkedin":"https://www.linkedin.com/company/5348213","instagram":""},"social":["https://www.youtube.com/channel/UCKR6AEiGC5pq_jddHNP0fiA","https://www.facebook.com/nextferm","https://www.linkedin.com/company/5348213"],"flattenedsociallinks":"https://www.youtube.com/channel/UCKR6AEiGC5pq_jddHNP0fiA|https://www.facebook.com/nextferm|https://www.linkedin.com/company/5348213","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"11-50","employees_exact":12,"patent":1,"raised":19176841,"stage":"Public","public_stage":"Public","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Jvz2KAJDA","primary_sector":"Agriculture & Food Technologies","alternativenames":["Next Farm","Next Ferm","NextFerm Technologies","NextFarm"],"about":"NextFerm technologies is focusing on the development, manufacturing and marketing of novel active ingredients that are based on non-GM yeast fermentation and extraction processes.\nIts leading product is Protevin that has neutral taste and nutritional profile.\nProtevin is produced sustainably and cost-effectively via a natural, non GMO yeast fermentation process while using only water as a solvent.  It is showing optimal physical properties for a variety of uses, primarily for dairy and powder pre-mixes.\nAdditionally, Protevin does not have regulatory constraint anywhere, it is available in N. and S. America and the EU while there is an ongoing territorial expansion elsewhere.","climatetech_description":"Protevin by Nextferm addresses 2-key benefits for minimizing the effect on climate change.\nRecycling: The process uses food waste ingredient as a raw material.  Furthermore, ALL of its waste streams are part of conventional food and feed supply chain.\nReducing: The protein production minimizes use of resources (water, land, energy) and Environmental risks.","is_climatetech_relevant":1,"phone":"+97246664505","country":null,"address":{"israeli":[{"id":"af90a426-4d7e-4714-9b89-64e5df9efd2c","city":"Yokne'am Illit","type":null,"address":"Yokne'am Illit, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":[{"id":"36562322-6416-4de0-9bf8-e3efe2e58d9e","city":"Millburn","address":"830 Morris Tpke, Short Hills, NJ 07078, USA","country":"United States","placeid":null}]},"headquarter_address":null,"district":"North District","news":[{"id":"l59oTmY12arulqEnkiJ6SRngWAtHXpwLXsvccU37tOhQKdKKe79XUm","date":"Apr 2, 2025","link":"https://en.globes.co.il/en/article-food-tech-co-nextferm-suspends-operations-1001506800","source":"en.globes.co.il","visible":1,"analysis":{"tags":"financial distress","round":null,"company":"NextFerm Technologies Ltd.","layoffs":"most of its then several dozen employees","summary":"NextFerm Technologies Ltd., an Israeli food-tech company, is facing financial difficulties and is seeking a buyer. The company, which produces food ingredients in yeast without genetic engineering, has suspended most operations except for a joint venture in India. Its share price has plummeted, and it has laid off most of its employees to cut costs. Despite having developed a vegan protein product and other yeast-based products, the company has struggled to achieve profitability and expand production due to insufficient investment. NextFerms CEO expressed belief in the technology but acknowledged the need for more investment and time in the food-tech sector.","partners":"Kothari","customers":null,"eventType":null,"investors":null,"confidence":10,"key_topics":["financial distress","layoffs","acquisition","partnership","product development"],"date_of_event":"April 2, 2025","product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Layoffs","Acquired-by","Partners"],"acquisition_amount":null,"FDA approved/pending approval":"pending approval","AI technology developing/using":"not using","structuredIssuesShow":"#Layoffs  #Acquired-by  #Partners","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"0z4JmVgaYhKpg4a0oXK4oNTNISfCfvo5kyFgdeHUwFIYOiScaXvYuu","news_summary":"The company, which produces food ingredients in yeast without genetic engineering, cannot pay its debts and is seeking a buyer.","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"PTX0qcpfnoEd9t0tIyNNeJq6ncN3lVBWkY9K3HUr5hG655lAfLnvtg","date":"Mar 13, 2024","link":"https://www.ice.co.il/digital-140/news/article/1004876?_atscid=7_134353_204082920_2552138_0_Txtetaxjxdshwhus8sp","source":"www.ice.co.il","visible":1,"analysis":{"tags":"Product Launch, Market Expansion","company":"NextFerm Technologies","layoffs":"N/A","summary":"NextFerm Technologies, a company that develops vegan protein substitutes based on yeast, has announced its first commercial order in Europe. The order is for the companys ProteVin™ product, which will be used in a sports nutrition formula in Spain. The company believes that the product will be a commercial success worldwide, leading to additional orders from new global customers. The launch is planned for the first half of 2024. In addition to the planned launch in Spain, the company has already launched ProteVin™ in the USA, Colombia, and Belgium.","partners":"N/A","customers":"Unnamed leading company in sports nutrition in Spain","investors":"N/A","confidence":8,"key_topics":"Protein Substitute, Vegan, Europe Expansion, Commercial Order, Sports Nutrition","date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Customers, Expand","acquisition_amount":"N/A","structuredIssuesShow":"#Customers, Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"QdNGpYK07ZUwzLOKCIbaiZVPosgg09Ox4qqmWy3hECKYHIWJ7OZq79","news_summary":"חברת הפודטק הישראלית בעסקת ענק: שיתוף הפעולה הבינלאומי נחשף","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"SOzHbQWk58Z5o3jvcqDgmkXDmcRBnRyCAT2ZjVBYZB6EnemVkDfjXA","date":"Mar 12, 2024","link":"https://www.sponser.co.il/Article.aspx?_atscid=7_134353_204082920_2550685_0_Txtetaxjxdshwhus8sp&ArticleId=114631","source":"www.sponser.co.il","visible":1,"analysis":{"tags":"Production Expansion","company":"NextFerm Technologies","layoffs":"N/A","summary":"NextFerm Technologies, a food-tech company developing a vegan protein substitute based on non-genetically engineered yeast, has completed the first phase of its commercial production array in India for ProteVin. The company will now begin the process of running the production array for regulatory approval and product quality. NextFerm is also expanding its production array, which is expected to enable the company to achieve an annual sales volume of about $4 million by May 2024. The company notes that the array will allow the renewal of ProteVin supplies to existing customers and supplies to new customers.","partners":"Kothari Fermentation and Biochem LTD","customers":"Existing and new customers of ProteVin","investors":"N/A","confidence":8,"key_topics":"Protein Production, Vegan Protein, Yeast Extract, Sales Forecast, Customer Supply","date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Expand, Customers","acquisition_amount":"N/A","structuredIssuesShow":"#Expand, Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"tuXiBQh6IduPfA00NklRLlKRs8rGAB61vqUWRL7dgghXzTYbpSSwhg","news_summary":"נקסטפרם השלימה את השלב הראשון של מערך הייצור המסחרי בהודו","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"j0j8VP0MmEIrprxdC3tFp29poIuxNA00porDdVI8xMFIO1ubto3rvY","date":"Mar 1, 2023","link":"https://www.themarker.com/markets/2023-03-01/ty-article/.premium/00000186-9dc0-df29-af8e-fdca64bf0000?_atscid7_134353_204082920_2377651_0_Txtetaxjxdshwhus8sp","source":"www.themarker.com","visible":1,"analysis":{"tags":"funding","company":"נקסטפרם","layoffs":null,"summary":"NextFerm, a company developing a vegan protein substitute, plans to raise tens of millions of shekels through a stock offering. The companys stock price has dropped by about 64% with a large trading volume of 1.3 million shekels. NextFerm will issue 180 million shares at a price of 30 agorot per share. The company currently has a cash balance of approximately $12 million and is traded at a valuation of only 4 million shekels.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["מפעל באירופה","גיוס מיליוני שקלים","תחליף חלבון טבעוני","הנפקת מניות","שוק ההון"],"date_of_event":"March 1, 2023","valuation_amount":"4 million shekels","impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"nue4bFoXFaLtkHxw5B9pi02XquYxAGRXynTQ2Gmypt0zevD4o1F0W8","news_summary":"נקסטפרם מגייסת 54 מיליון שקל בהנפקה; המניה צוללת ב-64%","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"OyylvdjIfPQvUIP4qvvestAlWRfrPTAvvor9RnuAYSGtB9NCmUwGPK","date":"Dec 5, 2022","link":"https://seenews.com/news/israels-nextferm-to-open-factory-in-n-macedonia-report-807152","source":"seenews.com","visible":1,"analysis":{"tags":"food tech","company":"NextFerm","layoffs":null,"summary":"NextFerm, an Israel-based food tech company, is set to open a factory for the production of fermented vegan protein in North Macedonia. The new plant, located in the southwestern part of the country, is expected to have an annual production capacity of ProteVin worth up to $10 million. NextFerm, known for producing vegan, non-GMO proteins used in food and dietary supplements, will replace its pilot production facility with this micro-factory.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["NextFerm","factory","fermented vegan protein","North Macedonia","ProteVin"],"date_of_event":"December 5","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"3nDgSLQ9bpysJQKSVGr5yLUsLlILIhYCeafLA49BbaSeympjRDJm0C","news_summary":"Israel's NextFerm to open factory in N. Macedonia - report","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"kjrn2Xuk1wfZDTI9KFmnPLzE7ayRFy7NyVVYCHwzkbWVxmnq6bbun2","date":"Sep 9, 2022","link":"https://www.foodnavigator-usa.com/Article/2022/09/09/nextferm-announces-production-deal-for-yeast-derived-vegan-protein","source":"www.foodnavigator-usa.com","visible":1,"analysis":{"tags":"fermented protein","company":"NextFerm","layoffs":null,"summary":"NextFerm, a company specializing in fermented protein, has announced plans to build a production plant in the Balkan region. The company, an outgrowth of Enzymotec, raised $9.2 million in an IPO in January 2021, valuing the company at $31.2 million. NextFerm also secured an additional $918,000 from existing investors. The ProteVin ingredient, made from brewers yeast, offers advantages over other plant-based proteins, including a complete suite of amino acids and a neutral taste. The new facility, with a capacity of $10 million, is expected to meet growing demand for the ingredient. NextFerms first ingredient, AstaFerm, is derived from Phaffia yeast and is used in aquaculture feed markets.","partners":null,"customers":null,"investors":"Cider Holdings, Orgad Agricultural Cooperative, Ortal, Gadot, Arancia International, Merage venture capital","confidence":8,"key_topics":["production plant","Nextferm management suite","ProteVin ingredient","advantages of fermented protein","new facility"],"date_of_event":"January 2021","valuation_amount":"$31.2 million","impact_on_company":"growth-positive","investment_amount":"$9.2 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"0FLlrC30vzsEonwNShDhEFa1dMYnt0QKKu0TBlnxotPv5fVIViHxhu","news_summary":"NextFerm announces production deal for yeast-derived vegan protein","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ISRDb0ZM6OMkle0eYHJFxnVBKKEHjsvkTRIqGGVKrgaw5hq3wKgLfm","date":"Sep 8, 2022","link":"https://newsdirect.com/news/nextferm-technologies-announces-a-strategic-manufacturing-agreement-for-the-production-of-protevin-its-vegan-protein-with-a-subcontractor-in-europe-661115562","source":"newsdirect.com","visible":1,"analysis":{"tags":["manufacturing agreement","vegan protein","alternative proteins"],"company":"NextFerm Technologies Ltd.","layoffs":null,"summary":"NextFerm Technologies has announced a strategic manufacturing agreement for the production of its vegan protein alternative, ProteVin™. The agreement is with a subcontractor in the Balkan region in Europe and will enable the production of ProteVin™ with an annual capacity of up to $10M starting in the second half of 2023. The plant commissioning plan allows for future expansion to a capacity of tens of millions of dollars. The necessary investment for the manufacturing plant and reaching the mentioned capacity is estimated to be approximately $6M. NextFerm Technologies aims to become a leading solution in the global alternative protein industry with ProteVin™, which has a neutral taste and animal-like nutritional value.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["manufacturing agreement","ProteVin™","vegan protein","alternative proteins","expansion capacity"],"date_of_event":"2022-09-08","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"06osF9EMFd7tgorolW8QWSFkpay1YvmGyumdneKvhXfi0KUNie72sD","news_summary":"NextFerm Technologies announces a strategic manufacturing agreement for the production of ProteVin™, its vegan protein, with a subcontractor in Europe","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"dLk9tZCDNRkPj7r6Ij8RnZq2YMp3w2DWGTiNEuBxtfUvYpszHGCdql","date":"Aug 16, 2022","link":"https://newsdirect.com/news/nextferm-technologies-announces-a-3-million-supply-agreement-for-its-vegan-protein-protevin-373778097","source":"newsdirect.com","visible":1,"analysis":{"tags":["supply agreement","vegan protein","food-tech","protein alternative"],"company":"NextFerm Technologies Ltd.","layoffs":null,"summary":"NextFerm Technologies has entered into a 4.5-year supply agreement with Spacemilk, an American vegan health and sports nutrition brand. The agreement is valued at approximately $3 million and includes the initial supply of protein in June 2022. Spacemilk is expected to launch a vegan sports nutrition protein powder based on NextFerms ProteVin™ brand in the fourth quarter of 2022. The agreement also includes a commitment to purchase and supply ProteVin™ totaling approximately $1.6 million from July 2022 to June 2025, with an estimation of an additional $1.4 million in purchases by the end of 2026. NextFerm is focused on expanding its production capacity and generating demand for ProteVin™ from potential customers in the food and dietary supplement industry.","partners":null,"customers":["Spacemilk"],"investors":null,"confidence":9,"key_topics":["supply agreement","vegan protein","production capacity","customer base","global alternative protein industry"],"date_of_event":"August 8, 2022","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"J9VaoyIQOmknexf4SE91HkZKqm1exFAw3tAYDFuKOaaBygPaoJk60H","news_summary":"NextFerm Technologies announces a $3 million Supply agreement for its vegan protein: ProteVin™","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"mBZ1JhMi2RoVUj2EX81PeqPyig4kNuacRDah9fXeDwucWEjkt5EkpG","date":"Jun 22, 2022","link":"https://newsdirect.com/news/nextferm-technologies-announces-its-first-commercial-delivery-of-protevin-in-the-u-s-854079556","source":"newsdirect.com","visible":1,"analysis":{"tags":["commercial delivery","vegan protein","alternative protein market"],"company":"NextFerm Technologies Ltd.","layoffs":null,"summary":"NextFerm Technologies has delivered two tons of raw material to SpaceMilk, a health and wellness brand, for the launch of its ProteVin-based product. This marks the achievement of the second strategic milestone for the company in 2022. NextFerm is expected to continue supplying ProteVin to customers and is in discussions with leading food and dietary supplement brands for integration. The alternative protein market is estimated to be worth $20 billion and is projected to grow to $290 billion by 2035. NextFerm is positioning itself as a leading innovator in the alternative protein market by offering a vegan protein with a neutral flavor and animal-like nutritional value. The company is also working on increasing production capacity to meet the expected increase in demand.","partners":null,"customers":["SpaceMilk"],"investors":null,"confidence":8,"key_topics":["ProteVin","vegan protein","commercial production","alternative protein market","growth engine"],"date_of_event":"2022-06-22","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"9GDsbLOdBJj10PHSiEiNb59jk9B3YNAVC1CE1ZMT7By4GxQiI9KxM5","news_summary":"NextFerm Technologies announces its first commercial delivery of ProteVin™, in the U.S","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"845eef35-6071-40d3-9051-2be2b7f52e02","date":"Jun 19, 2022","link":"https://www.sponser.co.il/Article.aspx?_atscid=7_134353_204082920_2220766_0_Txtetaxjxdshwhus8sp&ArticleId=108805","source":"www.sponser.co.il","visible":1,"analysis":{"tags":"Production, Vegan Protein","company":"NextFerm Technologies","layoffs":"N/A","summary":"NextFerm Technologies, a food-tech company developing ProteVin, a vegan protein substitute based on yeast, has announced the completion of its production facility in Canada and the start of commercial production of ProteVin. The company is also progressing with its strategic plan and achieving further goals for 2022, including the delivery of initial orders received, creating demand, receiving additional orders, and expanding the production capacity of ProteVin from an initial production volume of tens of tons per year to an industrial scale of hundreds of tons per year in 2023.","partners":"N/A","customers":"N/A","investors":"N/A","confidence":9,"key_topics":"Protein Production, Veganism, Expansion","date_of_event":"19.06.22","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Expand","acquisition_amount":"N/A","structuredIssuesShow":"#Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"TMmjIDZTIJW4DoLZzVgRKbzMOYcySBSDoRCPVMjsu5HZK08cM4dDjH","news_summary":"נקסטפרם טכנולוגיות מודיעה על תחילת ייצור מסחרי של ™ProteVin תחליף החלבון הטבעוני שלה","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"f05ef518-2417-4c30-bbd9-d5970192f04d","date":"Jan 26, 2021","link":"https://en.globes.co.il/en/article-foodtech-co-nextferm-completes-taseipo-at-nis-115m-valuation-1001358534","source":"en.globes.co.il","visible":1,"analysis":{"tags":"IPO, Food-Tech","company":"NextFerm Technologies Ltd.","layoffs":"N/A","summary":"NextFerm Technologies Ltd., an Israeli food-tech company, has completed its initial public offering (IPO) on the Tel Aviv Stock Exchange, raising NIS 30 million at a company valuation of NIS 115 million. The company, which develops novel active food ingredients based on yeast and fermentation, also raised NIS 5 million from existing investors. The company will be traded alongside many other food-tech companies on the TASE that have held IPOs in the past year.","partners":"N/A","customers":"N/A","investors":["Cider Holdings","Orgad Agricultural Cooperative","Ortal","Gadot","Arancia International","Merage venture capital"],"confidence":9,"key_topics":["IPO","Investment","Food-Tech","Yeast and Fermentation","Stock Exchange"],"date_of_event":"January 26, 2021","valuation_amount":"NIS 115 million","impact_on_company":"growth-positive","investment_amount":"NIS 30 million","structured_issues":["Public Trading","Investment"],"acquisition_amount":"N/A","structuredIssuesShow":"#Public Trading  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"f06P1ErGbXEsd6bcpo1DjJs2DHFF8YfdfqAIHnACkUnpmdK5zg5qLD","news_summary":"Food-tech co NextFerm completes TASE IPO","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"f146bcb1-869e-4b30-a395-6f0fdc2ce41c","date":"Feb 6, 2020","link":"https://www.nutritionaloutlook.com/view/nextferm-and-soft-gel-technologies-collaborate-launch-new-astaxanthin-ingredient","source":"www.nutritionaloutlook.com","visible":1,"analysis":{"tags":"new product","company":"NextFerm","layoffs":null,"summary":"NextFerm and Soft Gel Technologies are releasing a new astaxanthin derived from yeast fermentation called Astaferm. The ingredient is specifically designed for softgel applications and will be offered as ready-to-use softgels. NextFerm sees a great opportunity to introduce a new and fresh approach to the market. Soft Gel Technologies CEO believes Astaferm is a natural and effective product that offers brands a simple way to differentiate themselves.","partners":"Soft Gel Technologies","customers":null,"investors":null,"confidence":8,"key_topics":["Astaxanthin","Yeast fermentation","Softgel applications","Ready-to-use softgels","Gummies"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"08NkaeBuLidLZnybPcWBnjmOKt3TYhJO1iCSBhFlrgbcJ7diKgBQm3","news_summary":"NextFerm and Soft Gel Technologies collaborate to launch new astaxanthin ingredient","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"11926cc7-4427-4503-af21-410f167e2b28","date":"Jan 28, 2020","link":"https://www.nutritionaloutlook.com/view/nextferm-announces-new-patent-application-yeast-based-astaxanthin","source":"www.nutritionaloutlook.com","visible":1,"analysis":{"tags":"patent, antioxidative properties","company":"NextFerm Technologies","layoffs":null,"summary":"NextFerm Technologies has filed a patent for its natural astaxanthin derived from yeast fermentation, called Astaferm. 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