Company Overview
Snapshot
Founded in December 2016 by Isaac Berzin and Sam Couture, Vaxa Technologies operates with 11–50 employees. The company has completed two funding rounds. In April 2021, DIC Corporation invested in the Israeli biotech startup, validating its innovative approach to sustainable microalgae cultivation.
Business overview
Vaxa Technologies specializes in the sustainable indoor cultivation of microalgae, leveraging patented technology to produce omega-3 fatty acids, proteins, and colorants. The company's process aims to enhance yield and reduce production costs, delivering high-quality food ingredients with superior organoleptic and functional properties. Vaxa Technologies operates within the Agriculture & Food Technologies sector, focusing on areas such as sustainable proteins, precision agriculture, and food tech, serving global markets with B2B business models.
Strategic signal
In January 2024, Vaxa Technologies announced a pioneering partnership with Oterra, focusing on innovation and sustainability to unveil sustainable color derived from Icelandic microalgae. This collaboration signals a significant step in commercializing Vaxa's microalgae technology for the food ingredient market, demonstrating strategic validation and potential for broader industry adoption of its sustainable solutions.
Log in to access full profile ›Company Intelligence Q&A
- What is Vaxa Technologies' core business?
- Vaxa Technologies specializes in the sustainable indoor cultivation of microalgae to produce omega-3 fatty acids, proteins, and colorants, focusing on improving yield and reducing production costs for high-quality food ingredients.
- When was Vaxa Technologies founded and by whom?
- Vaxa Technologies was founded in December 2016 by Isaac Berzin and Sam Couture.
- Which company invested in Vaxa Technologies in April 2021?
- In April 2021, DIC Corporation invested in Vaxa Technologies.
- What significant partnership did Vaxa Technologies announce in January 2024?
- In January 2024, Vaxa Technologies announced a pioneering partnership with Oterra to develop sustainable color derived from Icelandic microalgae.
- What is the primary sector of Vaxa Technologies?
- Vaxa Technologies operates primarily in the Agriculture & Food Technologies sector, with a focus on novel food and ingredients.