Company Overview
Snapshot
Founded in June 2017 by Didier Toubia, Aleph Farms operates with 51–200 employees. The company has raised a total of $147.35 million across 5 funding rounds from 19 investors.
Business overview
Aleph Farms is an Israel-based food technology company focused on developing sustainable animal products through cellular agriculture. The company utilizes its proprietary technology to grow quality animal products, including cultivated thin-cut steak, ribeye steak, and collagen. Operating under its product brand, Aleph Cuts, it aims to launch its Petit Steak, grown from non-modified Angus cow cells. Aleph Farms serves the food industry, addressing sustainability, food security, and animal welfare concerns within the Agriculture & Food Technologies sector.
Strategic signal
In June 2024, Aleph Farms announced a significant layoff of 30% of its staff and a shift towards outsourcing, indicating a strategic restructuring in response to challenges within the cultivated meat industry. This move signals a critical adaptation period for the company, focusing on operational efficiency and a revised business model to navigate market pressures and secure its future trajectory in a competitive landscape.
Log in to access full profile ›Company Intelligence Q&A
- When was Aleph Farms founded and by whom?
- Aleph Farms was founded in June 2017 by Didier Toubia.
- What was a significant regulatory achievement for Aleph Farms?
- In January 2024, the Israeli Ministry of Health approved the marketing of Aleph Farms' cultivated steak, making it the first company to receive such approval in Israel.
- What recent operational changes has Aleph Farms implemented?
- In June 2024, Aleph Farms laid off 30% of its staff and shifted to an outsourcing model, indicating a strategic adjustment in response to industry challenges.
- What was a notable partnership for Aleph Farms in Asia?
- In September 2021, Aleph Farms partnered with Thai Union and CJ CheilJedang to drive the adoption of cultivated meat in Asia.