Beyond Oil Overview
Beyond Oil is specializing in enhancing the quality and sustainability of frying oils used in the food-service and food-processing industries. Their proprietary, patented formulation effectively reduces free fatty acids in cooking oil, thereby extending its usable life and improving the health profile of fried foods. This innovative solution integrates seamlessly into existing oil filtration systems, offering a cost-effective and environmentally friendly approach to oil management. Beyond Oil's products, such as FryDay and FryDay+, are designed to eliminate harmful components generated during the frying process, contributing to healthier food preparation and consumption
Cumulative Funding Raised Over Time ($)
$2.0MJan 2024
$4.5MJun 2024
$12.0MMar 2025
$13.5MSep 2024
Latest News
growth-positive
West Coast Reduction Expands Canadian Rollout of Beyond Oil with Major US$405K Product Order
Beyond Oil Ltd., a food-tech innovation company, has announced a significant advancement in its partnership with West Coast Reduction Ltd. (WCRL) through a new purchase order valued at approximately US$405,000. This order follows successful pilot programs that demonstrated the effectiveness of Beyond Oils patented solution in improving food quality and sustainability. Over 90% of customers who conducted a proof of concept have implemented the solution, leading WCRL to expand its sales and customer support teams to facilitate broader adoption. This partnership strengthens Beyond Oils presence in North America and highlights its commitment to health-focused, sustainability-driven frying solutions.
PartnersCustomersExpandProduct Stage
growth-positive
Beyond Oil Announces First Distribution Agreement in Vietnam
Beyond Oil Ltd., a food-tech innovation company, has entered the Vietnamese market through a new distribution agreement with Trang Anh Manufacturing and Trading Co., Ltd. This agreement, dated September 26, 2025, marks Beyond Oils first commercial presence in Vietnam. Trang Anh PDT., JSC, an affiliate of Trang Anh Manufacturing and Trading Co., Ltd., will introduce Beyond Oils innovative filtration solutions to Vietnams food service sector. The agreement includes an initial order of 10,800 kg of product and has a five-year term. This partnership is a key step in Beyond Oils global expansion strategy, aiming to bring sustainable and cost-saving solutions to Vietnams thriving restaurant industry.
PartnersCustomers
growth-positive
Beyond Oil Appoints Michael Nemirow as President, North America
Beyond Oil Ltd., a food-tech innovation company, has appointed Michael Nemirow as President of North America to accelerate growth and scale operations in the region. This strategic move aims to drive widespread adoption of Beyond Oils products across influential foodservice and industrial brands in North America. Nemirow, who has been a Strategic Advisor since early 2024, will oversee sales, customer success, and distributor partnerships. His appointment reflects the companys focus on the U.S. as a key growth market. Beyond Oil has launched pilot programs with prominent foodservice brands and secured a strategic partnership with West Coast Reduction Ltd. to establish a commercial presence in Canada.
Management ChangesPartnersProduct Stage
growth-positive
Sidoti Events, LLC's Virtual September Small-Cap Conference
Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, is hosting a two-day September Small-Cap Conference on September 17-18, 2025. The conference will feature presentations from various small-cap companies, providing a platform for these companies to connect with investors. Sidoti Events benefits from its association with Sidoti & Company, leveraging over 25 years of experience in securities research focused on small and microcap companies. The conference aims to facilitate meaningful interactions between small-cap issuers and investors, supported by Sidotis extensive network of institutional relationships. The event is expected to positively impact Sidoti Events by enhancing its reputation and expanding its reach in the small-cap investment community.
growth-positive
Beyond Oil to Participate at the Sidoti Small Cap Conference
Beyond Oil Ltd., a food-tech innovation company, announced its participation in the Sidoti Small Cap Conference on September 17-18, 2025. The company focuses on reducing health risks associated with fried food, lowering operational costs, minimizing waste, and enhancing sustainability. Beyond Oils patented technology, which has received regulatory clearances from the FDA and Health Canada, significantly reduces harmful compounds in frying oil. This addresses critical health concerns related to the reuse of frying oil, a common practice in various food service settings. The companys solution not only mitigates health risks but also offers benefits such as improved food quality, operational cost savings, and reduced environmental impact.
| Sector | Agriculture & Food Technologies |
Funding
| Total funding | $14.36M |
| Last funding | $7.5M |
| Stage | Public |
| Rounds | 6 |
| Investors | 1 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | www.beyondoil.co/ |
Locations
Yifat, Israel
Photos & Videos
1 item(s)
Beyond Oil Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Agriculture & Food TechnologiesFood TechFood ProcessingFood Trade & ServicesTarget Customer
Food Retail & ConsumptionRestaurantsAgriculture & FoodProcessed FoodsCore Technology
Materials & SubstancesBiologicalsMoleculesTags (3)
food-safety-and-traceabilityfood-wastefoodtechGeographic Markets
SwedenNorth AmericaCanadaIsraelEuropeUkraineBeyond Oil Financials
$14.36M
Total funding
Undisclosed
Capital raised
$7.5M
Last funding
Public
Funding stage
6
Total rounds
1
Investors
Cumulative Funding Raised Over Time ($)
$2.0MJan 2024
$4.5MJun 2024
$12.0MMar 2025
$13.5MSep 2024
Private Equity Funding
PIPE
Mar 2025
$7.5M
Clal Finance Mutual Funds Ltd
PIPE
Sep 2024
$1.5M
PIPE
Jun 2024
$2.5M
PIPE
Jan 2024
$1.98M
Public Offering / Exit
POEvent
Jan 2023
Undisclosed
POEvent
May 2022
Undisclosed
Beyond Oil Lifecycle
Cumulative Funding Raised Over Time
$2.0MJan 2024
$4.5MJun 2024
$12.0MMar 2025
$13.5MSep 2024
All Events
PIPE
Mar 2025
$7.5M
Clal Finance Mutual Funds Ltd
PIPE
Sep 2024
$1.5M
PIPE
Jun 2024
$2.5M
PIPE
Jan 2024
$1.98M
POEvent
Jan 2023
Undisclosed
POEvent
May 2022
Undisclosed
Beyond Oil News
107 articles
growth-positive
West Coast Reduction Expands Canadian Rollout of Beyond Oil with Major US$405K Product Order
Beyond Oil Ltd., a food-tech innovation company, has announced a significant advancement in its partnership with West Coast Reduction Ltd. (WCRL) through a new purchase order valued at approximately US$405,000. This order follows successful pilot programs that demonstrated the effectiveness of Beyond Oils patented solution in improving food quality and sustainability. Over 90% of customers who conducted a proof of concept have implemented the solution, leading WCRL to expand its sales and customer support teams to facilitate broader adoption. This partnership strengthens Beyond Oils presence in North America and highlights its commitment to health-focused, sustainability-driven frying solutions.
PartnersCustomersExpandProduct Stage
growth-positive
Beyond Oil Announces First Distribution Agreement in Vietnam
Beyond Oil Ltd., a food-tech innovation company, has entered the Vietnamese market through a new distribution agreement with Trang Anh Manufacturing and Trading Co., Ltd. This agreement, dated September 26, 2025, marks Beyond Oils first commercial presence in Vietnam. Trang Anh PDT., JSC, an affiliate of Trang Anh Manufacturing and Trading Co., Ltd., will introduce Beyond Oils innovative filtration solutions to Vietnams food service sector. The agreement includes an initial order of 10,800 kg of product and has a five-year term. This partnership is a key step in Beyond Oils global expansion strategy, aiming to bring sustainable and cost-saving solutions to Vietnams thriving restaurant industry.
PartnersCustomers
growth-positive
Beyond Oil Appoints Michael Nemirow as President, North America
Beyond Oil Ltd., a food-tech innovation company, has appointed Michael Nemirow as President of North America to accelerate growth and scale operations in the region. This strategic move aims to drive widespread adoption of Beyond Oils products across influential foodservice and industrial brands in North America. Nemirow, who has been a Strategic Advisor since early 2024, will oversee sales, customer success, and distributor partnerships. His appointment reflects the companys focus on the U.S. as a key growth market. Beyond Oil has launched pilot programs with prominent foodservice brands and secured a strategic partnership with West Coast Reduction Ltd. to establish a commercial presence in Canada.
Management ChangesPartnersProduct Stage
growth-positive
Sidoti Events, LLC's Virtual September Small-Cap Conference
Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, is hosting a two-day September Small-Cap Conference on September 17-18, 2025. The conference will feature presentations from various small-cap companies, providing a platform for these companies to connect with investors. Sidoti Events benefits from its association with Sidoti & Company, leveraging over 25 years of experience in securities research focused on small and microcap companies. The conference aims to facilitate meaningful interactions between small-cap issuers and investors, supported by Sidotis extensive network of institutional relationships. The event is expected to positively impact Sidoti Events by enhancing its reputation and expanding its reach in the small-cap investment community.
growth-positive
Beyond Oil to Participate at the Sidoti Small Cap Conference
Beyond Oil Ltd., a food-tech innovation company, announced its participation in the Sidoti Small Cap Conference on September 17-18, 2025. The company focuses on reducing health risks associated with fried food, lowering operational costs, minimizing waste, and enhancing sustainability. Beyond Oils patented technology, which has received regulatory clearances from the FDA and Health Canada, significantly reduces harmful compounds in frying oil. This addresses critical health concerns related to the reuse of frying oil, a common practice in various food service settings. The companys solution not only mitigates health risks but also offers benefits such as improved food quality, operational cost savings, and reduced environmental impact.
growth-positive
Beyond Oil Announces Exclusive Distribution Agreements in Four European Countries with Pilpel Hungary Kft.
Beyond Oil Ltd., a food-tech innovation company, has entered into exclusive distribution agreements with Pilpel Hungary Kft., a leading European culinary and food distribution company. Pilpel will market, sell, and distribute Beyond Oil’s product in Hungary, Austria, the Czech Republic, and Slovakia. The agreement includes an initial order of 10,800 kg and requires Pilpel to purchase increasing volumes annually to maintain exclusivity. Pilpel will pay Beyond Oil a 5% royalty on sales. The partnership aims to introduce Beyond Oils product to the foodservice industry, leveraging Pilpels established sales and logistics network. The agreement is effective from September 4, 2025, for an initial five-year term.
growth-positive
Beyond Oil Reports Financial Results for the Second Quarter of 2025
Beyond Oil Ltd., a food-tech innovation company, reported a significant increase in revenue, growing more than 30 times compared to the previous year, and an expansion in gross margin to 56.3%. The company attributes this growth to increased demand from customers and distributors following its global launch in early 2025. Beyond Oil is focusing on building sustainable, long-term partnerships and refining its distribution network to align with partners capable of scaling. The company is also investing in sales and marketing initiatives in new territories to drive further growth. With a strong financial position, including nearly $12 million in cash, Beyond Oil is well-positioned to capitalize on future opportunities.
CustomersPartnersInvestment
growth-positive
Beyond Oil Announces Conditional Approval of Uplisting to the Toronto Stock Exchange
Beyond Oil Ltd., a food-tech innovation company, has received conditional approval from the Toronto Stock Exchange (TSX) to uplist its common shares. This move is seen as a significant milestone for the company, providing enhanced access to institutional investors and capital markets to support its global expansion. Beyond Oils patented technology, which has regulatory clearances from the FDA and Health Canada, addresses health risks associated with reused frying oil. The company aims to establish its technology as the global standard in frying operations, promoting a healthier and more sustainable future. The final approval of the listing is pending, and the company will issue a press release once the TSX confirms the trading commencement date.
Public Trading
growth-positive
Sodexo Israel, a Leader in Catering and Facility Management for Organizations and Companies, is Rolling out Beyond Oil’s Patented Solution at its Premier Catering Sites
Beyond Oil Ltd., a food-tech innovation company, has been selected by Sodexo Israel as its new supplier for a proprietary filter powder that enhances the quality of fried foods by reducing harmful byproducts. This partnership follows a successful pilot and will see the product rolled out across Sodexo Israels catering network, including healthcare and defense sectors. The powder improves sustainability by extending oil life and reducing toxic emissions. This collaboration aligns with Sodexos global strategy to reduce its ecological footprint and improve food quality, marking a significant advancement in sustainability and operational efficiency.
PartnersCustomersProduct Stage
growth-positive
Beyond Oil Announces Voting Results of Annual and Special Meeting of Shareholders
Beyond Oil Ltd., a food-tech innovation company, held its annual and special meeting of shareholders on July 18, 2025, where all items of business were approved. The company set the number of directors at six and elected new directors, including Yaffa Brizinov, who brings extensive IT and digital transformation experience. Beyond Oil has applied to list its shares on the Toronto Stock Exchange. The company focuses on reducing health risks associated with reused frying oil, offering solutions that improve food quality, reduce operational costs, and enhance sustainability. Their technology has regulatory clearances from the FDA and Health Canada.
Management ChangesPublic Trading
growth-positive
Beyond Oil Strengthens Leadership with the Addition of Giora BarDea, Former CEO of Strauss Group
Beyond Oil Ltd., a food-tech innovation company, has appointed Giora BarDea as VP of Global Strategy to drive its global growth strategy. BarDea, with over three decades of leadership experience in the food and CPG industries, will focus on strategic planning, expanding international partnerships, and strengthening the distribution network. His previous roles include CEO of Strauss Group, where he led significant industry milestones and partnerships with global companies like PepsiCo and Virgin. Beyond Oil aims to reduce health risks associated with fried food while enhancing sustainability and operational efficiency. BarDeas appointment is seen as a strategic move to bolster the companys leadership and accelerate its mission to innovate in the food industry.
Management ChangesPartners
growth-positive
Beyond Oil Announces Publication of Expert Medical Opinion by Prof. Ilan Ron, Specialist in Clinical and Radiation Oncology, Regarding the Risks Associated with Exposure to Frying Oils as Contributors to Neoplastic Mutations in Body Tissue
Beyond Oil Ltd., a food-tech innovation company, has announced the publication of a Medical Opinion by Professor Dr. Ilan Ron, which highlights the potential health benefits of their product in reducing cancer risks associated with the consumption of fried foods. The opinion emphasizes the dangers of repeated use of frying oil, which can lead to the formation of harmful compounds like acrylamide, known for its carcinogenic potential. The study conducted by certified laboratories demonstrated that Beyond Oils product significantly reduces carcinogens and maintains oil quality even after extended use. This development is seen as a positive step towards enhancing food safety and sustainability.
growth-positive
Beyond Oil Engages ICR for Strategic Communications
Beyond Oil Ltd., a food-tech company focused on reducing health risks associated with fried food, has engaged ICR, Inc., a strategic communications firm, to enhance its investor relations and corporate communications in North America. The agreement, effective June 3, 2025, includes a monthly retainer of US$15,000 for ICRs services, which encompass creating an investor relations plan and managing the companys corporate profile. Additionally, Beyond Oil has partnered with Gotlive Investor Relations Consulting for services in the Israeli market, with a monthly retainer of 10,000 New Israeli Shekels. These partnerships aim to support Beyond Oils accelerating commercial momentum and enhance its visibility in the investment community.
Partners
growth-negative
Beyond Oil Issues Clarification Regarding Previous German-Language Media Activities
Beyond Oil Ltd., a food-tech innovation company, faced scrutiny from the British Columbia Securities Commission (BCSC) due to German-language promotional activities conducted by BullVestor Medien GmbH. The promotional content, which was not directly approved by Beyond Oil, was removed following BCSCs review. Beyond Oil has since implemented stricter internal controls to ensure oversight of future promotional activities. The company is committed to transparent communication and regulatory compliance. Beyond Oils patented technology, which has FDA and Health Canada clearances, addresses health risks associated with reused frying oil, offering benefits such as improved food quality and reduced environmental impact.
growth-positive
Beyond Oil Announces Exclusive Distribution Agreement in Mexico with Baruchi Global Capital
Beyond Oil Ltd., a food-tech innovation company, has signed an exclusive distribution agreement with Baruchi Global Capital for its oil filtration product in Mexico. The agreement, effective from May 28, 2025, spans five years and includes a US$150,000 licensing fee for 2025-2026. Baruchi Global Capital has also placed an initial order of 10.8 tonnes of the product. This partnership aims to expand Beyond Oils presence in Mexicos food service industry, leveraging Baruchis resources to introduce the product to local restaurants, hotels, and catering companies. The agreement marks a significant step in Beyond Oils global growth strategy.
PartnersCustomers
growth-positive
Beyond Oil Reports Financial Results for the First Quarter of 2025
Beyond Oil Ltd., a food-tech innovation company, reported significant financial growth in Q1 2025, with revenues reaching US$1.01 million, a 660% increase year-over-year. This growth is attributed to strategic investments and the expansion of their global distribution network. The company closed a C$10.64 million private placement led by Clal Insurance, enhancing their cash position to $4.49 million. Despite a net loss of $11.01 million due to non-cash expenses, the company is optimistic about its growth trajectory and potential uplisting to a senior exchange. The companys efforts in global commercialization and distribution agreements have been pivotal in achieving these results.
InvestmentCustomersPartners
growth-positive
Beyond Oil Announces Closing of C$10.64 Million Brokered Private Placement Led by Israeli Institutional Investor Clal Insurance
Beyond Oil Ltd., a food-tech company focused on reducing health risks and enhancing sustainability in fried foods, has successfully closed a brokered private placement, raising C$10,641,615.60. The investment was led by Clal Insurance Company Ltd. and an Israeli investment fund. This strategic investment will support Beyond Oils global expansion and distribution efforts. The offering included the issuance of 3,042,200 units, each consisting of one common share and warrants. The proceeds will be used to expand the companys product distribution. The investment underscores the validation of Beyond Oils technology and business model, marking a significant milestone for the company.
InvestmentExpand
growth-positive
Beyond Oil Announces Exercise of Warrants and Purchase of Warrant Shares by Clal Insurance
Beyond Oil Ltd., a food-tech innovation company, has received C$2.166 million from the exercise of 1,836,766 warrants by the Or family. Clal Financial Management, a subsidiary of Clal Insurance Enterprises Holdings Ltd., purchased the resulting shares for C$6.421 million. This transaction is part of a strategic investment agreement. Beyond Oil has accumulated C$7.007 million in warrant exercise proceeds since January 2025. The company is also planning a brokered private placement of up to C$10.85 million, expected to close by May 20, 2025. Beyond Oils patented technology, which has FDA and Health Canada clearances, reduces harmful compounds in frying oil, addressing health risks and improving sustainability.
Investment
growth-positive
Beyond Oil Expands to Greece with New Distribution Agreement
Beyond Oil Ltd., a food-tech innovation company, has signed a distribution agreement with Global Foods to enter the Greek market. This marks Beyond Oils initial entry into Greece, with plans for future expansion. The agreement allows Global Foods to market and distribute Beyond Oils proprietary oil filtration solution to various food service providers across Greece. This strategic partnership aligns with Beyond Oils mission to promote healthier and more sustainable frying practices globally. The collaboration is expected to enhance food quality and safety while providing operational savings to food service operators.
Partners
growth-positive
Beyond Oil Receives an Additional C$4.5 Million Through Warrant Exercises; Provides an Update on RBI Supplier Approval & US Team Expansion
Beyond Oil Ltd., a food-tech innovation company, has received C$4,497,304.66 from the exercise of 3,399,271 warrants, providing additional capital to support its global growth strategy. This capital injection is expected to bolster the companys financial position as it expands its global footprint and accelerates the commercial deployment of its solutions. Beyond Oil has also confirmed that Burger King Israel, under Restaurant Brands International, is now an official customer after a successful pilot and implementation period. However, the approval does not grant Beyond Oil an exclusive agreement with RBI, and other RBI franchisees must apply individually to use the product. The company is focused on reducing health risks associated with fried food while enhancing sustainability.
CustomersInvestmentProduct Stage
growth-positive
Correction: Beyond Oil Receives an Additional C$4.5 Million Through Warrant Exercises; Provides an Update on RBI Supplier Approval & US Team Expansion
Beyond Oil Ltd., a food-tech innovation company, has received C$4,497,304.66 from the exercise of 3,399,271 warrants, bolstering its financial position for global expansion. The company has made significant progress in international markets through new distribution agreements and product shipments. Burger King Israel has become an official customer, following a successful pilot and implementation period. Beyond Oil has expanded its US team with four new members, enhancing its industry expertise and aiding in launching new pilots. The company continues to focus on penetrating the American market and providing commercial updates.
CustomersExpand
growth-positive
Beyond Oil Provides Update on Brokered Private Placement, Led by Strategic Investment by Clal Insurance, an Israeli Institutional Investor, as Part of Potential Uplisting to a Senior Exchange
Beyond Oil Ltd., a food-tech innovation company, announced an update to its private placement, aiming to raise approximately CAD$10.85 million. The company has entered into a strategic investment agreement with Clal Financial Management for CAD$10.5 million. The offering includes units priced at CAD$3.498 each, with warrants allowing further share purchases. The proceeds will support product distribution expansion. Beyond Oil also plans to uplist to a senior exchange within six months. The offering is subject to Canadian Securities Exchange approval and customary conditions.
InvestmentPIPE/PO
growth-positive
Beyond Oil Expands into Three European Territories as Part of New Distribution Agreement With Royalty Trade and Receives Payment for First Shipment
Beyond Oil Ltd., a food-tech innovation company, has signed a non-exclusive distribution agreement with Royalty Trade SL to expand its European footprint. The agreement covers the distribution of Beyond Oils proprietary oil treatment products in Spain, Hungary, and Belgium. This partnership aligns with Beyond Oils global growth strategy and aims to improve food quality and safety while reducing waste and costs. The company has already received payment for an initial shipment of 5.4 tonnes, marking the start of commercialization under this agreement. The collaboration is expected to leverage Royalty Trades established distribution network to successfully introduce Beyond Oils solutions to local and non-chain restaurants, hotels, and catering services.
PartnersCustomers
growth-positive
Beyond Oil Announces Distribution Agreement in the Netherlands with Mandarin Food Products
Beyond Oil Ltd., a food-tech innovation company, has signed its first distribution agreement in the Netherlands with Mandarin Food Products. This partnership is part of Beyond Oils European expansion strategy and involves the distribution of its proprietary oil filtration solution to various food service sectors in the Netherlands. The agreement includes an initial order of 5,400 kg of the product and anticipates increasing orders annually. Beyond Oils technology aims to reduce health risks associated with reused frying oil, offering economic and health benefits. The company has regulatory clearances from the FDA and Health Canada, and its product is designed to improve food quality, reduce costs, and enhance sustainability.
PartnersCustomers
growth-positive
Beyond Oil and Fandango Expand Distribution Network to Eilat Through New Partnership with Leading Israeli Wholesale Distributor
Beyond Oil Ltd., a food-tech innovation company, has expanded its distribution network to Eilat, Israel, through a strategic partnership with Raz-Natan Sales & Distribution Ltd. This agreement, effective March 19, 2025, establishes Raz-Natan as the exclusive franchisee for Beyond Oils products in Eilat and the Arava region. The partnership aims to enhance Beyond Oils presence in Israels southern tourism hub, which attracts millions of visitors annually. Raz-Natan, known for its strong distribution infrastructure, will help introduce Beyond Oils products to hospitality and food service businesses, promoting healthier fried food options. This collaboration is expected to accelerate the adoption of Beyond Oils innovative products and expand its market reach.
Partners
growth-positive
Clal Insurance invests $10.5 million in Beyond Oil
Beyond Oil, a food-tech company, has secured a CAD $10.5 million investment from Israeli insurer Clal Insurance. The deal includes warrants that could potentially bring in an additional CAD $21 million if fully exercised. Clal Insurance is also purchasing 1.8 million previously issued warrants from the Or family for CAD $2.2 million. Beyond Oil plans to use the proceeds to support product distribution and expansion. Additionally, the company has committed to pursue an uplisting to a senior exchange in Canada or the U.S. within six months. Beyond Oil offers a patented solution to extend frying oil life, reduce harmful compounds, and cut costs for food service operators.
InvestmentPublic Trading
growth-positive
Beyond Oil Announces Start of Commercialization of India Distribution Agreement; First Payment Received
Beyond Oil Ltd., a food-tech innovation company, has successfully initiated its first order under a new distribution agreement focusing on the Indian market. The company received full payment for an upcoming 6-tonne shipment to Deep Frying Solutions Pvt Ltd, marking the successful execution of the first order under a five-year agreement. This agreement is expected to include the purchase of approximately 57 containers with an estimated total contract value of $9.58 million USD. Beyond Oils technology, which has regulatory clearances from the FDA and Health Canada, reduces harmful compounds in frying oil, addressing health risks and improving sustainability. The partnership with Deep Frying Solutions is seen as a significant step in Beyond Oils expansion into India.
PartnersCustomers
growth-positive
Beyond Oil Announces First Distribution Agreement in Portugal
Beyond Oil Ltd., a food-tech innovation company, has signed its first distribution agreement in Portugal with Serious Formula Ltd., a Lisbon-based company specializing in the foodservice and hospitality sectors. This agreement marks Beyond Oils entry into the Portuguese market and includes a five-year minimum purchase commitment plan amounting to €1.13 million. Serious Formula will market and distribute Beyond Oils proprietary oil filtration solution to various foodservice providers across Portugal. The partnership aims to reduce oil consumption, improve food quality, and enhance operational efficiency, aligning with sustainability goals. This move is part of Beyond Oils global expansion strategy, enhancing its international presence.
PartnersCustomers
growth-positive
Beyond Oil Receives Payment for Latitude’s March Order Sized 21.6T as Part of Master Distribution Agreement
Beyond Oil Ltd., a food-tech innovation company, has reported receiving full payment for its March order from Latitude Ltd., marking a 100% increase from January and a 31% increase from February. This order is part of a five-year agreement with minimum commitments of US$8.3 million for 2025. The partnership with Latitude is focused on expanding market penetration in the U.S. food service industry, leveraging Latitudes distribution network. Beyond Oils patented technology, which has FDA and Health Canada regulatory clearances, reduces harmful compounds in frying oil, addressing health risks and improving sustainability. The companys product is widely used in various food service settings, providing benefits such as improved food quality and cost savings.
CustomersPartnersFDA approved/pending approval
growth-positive
Beyond Oil Announces Strategic Investment at a Premium to Market Price by Clal Insurance, a Leading Israeli Institutional Investor, as Part of Potential Uplisting to a Senior Exchange
Beyond Oil Ltd., a food-tech innovation company, has entered into a strategic investment agreement with Clal Financial Management, a subsidiary of Clal Insurance Enterprises Holdings Ltd. Clal will invest approximately CAD $10.5 million in Beyond Oil at a 10% premium to its stock market trading price. The investment includes the acquisition of 3,000,000 units, each consisting of one common share and warrants. The funds will be used to expand and support the distribution of Beyond Oils products. Additionally, Clal has committed to purchasing previously issued warrants from the Or family, providing further cash for Beyond Oil. The agreement also includes a commitment from the Or family not to sell their shares before December 31, 2025.
InvestmentExpand
growth-positive
Beyond Oil Announces Strategic Investment at a Premium to Market Price by Clal Insurance, a Leading Israeli Institutional Investor, as Part of Potential Uplisting to a Senior Exchange
Beyond Oil Ltd., a food-tech innovation company, has entered into a strategic investment agreement with Clal Financial Management, a subsidiary of Clal Insurance Enterprises Holdings Ltd. Clal will invest CAD $10,494,000 to acquire 3,000,000 units of Beyond Oil, with additional potential investments through warrant exercises. The investment will support Beyond Oils product distribution expansion. Beyond Oils technology, which has FDA and Health Canada regulatory clearances, reduces harmful compounds in frying oil, addressing health concerns. The company aims to uplist to a senior exchange within six months. This investment marks a significant milestone for Beyond Oil, introducing institutional participation and supporting its growth.
InvestmentPartners
growth-positive
Beyond Oil Secures Global Supplier Approval from Restaurant Brands International, Opening Access to Over 30,000 Burger King, Popeyes, Tim Horton’s, and Firehouse Sub Locations Worldwide
Beyond Oil Ltd., a food-tech innovation company, has received global supplier approval from Restaurant Brands International (RBI), a major quick-service restaurant company. This approval allows Beyond Oil to provide its proprietary oil filtration and management solutions to RBIs brands, including Burger King, Popeye’s, Tim Horton’s, and Firehouse Subs. The solution extends frying oil life, enhances food quality, and supports sustainability initiatives. This milestone marks a significant step in Beyond Oil’s strategy to expand its presence across the global foodservice sector. With RBIs extensive network of franchisees in over 100 countries, Beyond Oils innovative solution is poised for rapid adoption, offering healthier and safer kitchen environments.
CustomersPartners
growth-positive
Beyond Oil Enters Indian Market with Significant Distribution Agreement
Beyond Oil Ltd., a food-tech innovation company, has signed a strategic distribution agreement with Deep Frying Solutions Pvt Ltd to introduce its frying oil filtration solution to the Indian market. This partnership marks a significant expansion for Beyond Oil, leveraging the distributors local expertise to reach restaurants, hotels, and catering services across India. The agreement includes an initial order and a structured purchasing plan with a total contract value of approximately $9.58 million USD over five years. The distributor will conduct market outreach and product demonstrations, supported by training from Beyond Oil. This collaboration aims to provide sustainable and healthier frying solutions in one of the worlds largest markets.
Partners
growth-positive
Beyond Oil Announces First Distribution Agreement in South Africa
Beyond Oil Ltd., a food-tech innovation company, has announced a new distribution agreement with Minrosolve Proprietary in South Africa, marking its first commercial entry into the African market. This partnership is a significant step in Beyond Oils global expansion strategy, aiming to introduce its innovative oil filtration solutions to the South African food service sector. The companys technology, which has regulatory clearances from the FDA and Health Canada, reduces harmful compounds in frying oil, addressing health risks and improving sustainability. The agreement with Minrosolve Proprietary, which has strong ties to a major real estate group and a network of restaurants, is expected to expand Beyond Oils market presence in Africa.
PartnersFDA approved/pending approval
growth-positive
Beyond Oil Expands 5-Year Master Distribution Agreement with Latitude to Ukraine
Beyond Oil Ltd., a food-tech innovation company, has expanded its Master Distribution Agreement with Latitude Ltd. to include Ukraine. The agreement, signed on February 16, 2025, commits Latitude to purchasing a minimum of $302,400 in 2025, with annual commitments increasing to $1,512,000 by 2029. Over five years, Latitude will purchase at least $4.536 million of Beyond Oils products. This expansion aligns with Beyond Oils strategy to grow globally and drive sustainable growth. Beyond Oils technology, which has FDA and Health Canada clearances, reduces harmful compounds in frying oil, addressing health risks associated with reused oil. The company aims to improve food quality, reduce costs, and minimize environmental impact.
Partners
growth-positive
Beyond Oil Expands 5-Year Master Distribution Agreement with Latitude to Ukraine
Beyond Oil Ltd., a food-tech innovation company, has expanded its Master Distribution Agreement with Latitude Ltd. to include Ukraine. This agreement, signed on February 16, 2025, commits Latitude to purchasing a minimum of $302,400 in 2025, with annual commitments increasing to $1,512,000 by 2029. Over five years, Latitude will purchase at least $4.536 million worth of Beyond Oils products. The agreement can be renewed for successive five-year terms. Beyond Oils technology, which has FDA and Health Canada clearances, reduces harmful compounds in frying oil, addressing health risks and improving sustainability. The expansion into Ukraine is part of Beyond Oils strategy to grow globally and drive sustainable, profitable growth.
Partners
growth-positive
Beyond Oil Delivers First Shipment of 5.4T to T&J Oil Under Australian Distribution Agreement
Beyond Oil Ltd., a food-tech innovation company, has successfully delivered its first shipment of proprietary oil treatment products to T&J Oil Pty Ltd. in Australia. This marks a significant milestone in Beyond Oils strategic expansion into the Australian market. The delivery is part of a five-year distribution agreement with T&J Oil, which includes minimum purchase commitments of approximately US$4.9 million. Beyond Oil aims to transform the food service industry in Australia by providing healthier and more sustainable frying solutions. The company has regulatory clearances from the FDA and Health Canada, and its technology significantly reduces harmful compounds in frying oil. Beyond Oil will also support T&J Oil in establishing a training center in Australia to optimize product usage.
PartnersFDA approved/pending approvalCustomers
growth-positive
Beyond Oil Delivers February Order Sized 16.48T to Latitude as Part of Master Distribution Agreement
Beyond Oil Ltd., a food-tech innovation company, has successfully delivered its February order under a Master Distribution Agreement with Latitude Ltd., marking a 50% increase from January. This reflects growing demand and strong momentum in their partnership, which includes a five-year agreement with minimum commitments of US$8.3 million for 2025. The collaboration aims to expand Beyond Oils market penetration in the U.S. food service industry, leveraging Latitudes distribution network. Beyond Oils patented technology, approved by the FDA and Health Canada, reduces harmful compounds in frying oil, addressing health risks and improving sustainability.
PartnersCustomersFDA approved/pending approval
growth-positive
Beyond Oil Expands into Sweden with 5-Year Distribution Agreement
Beyond Oil Ltd., a food-tech innovation company, has announced a strategic partnership with Click Lab AB to distribute its oil filtration products in Sweden. This partnership, effective from January 24, 2025, aims to extend the life of frying oil, improve food quality, and reduce waste in Swedish restaurants. Beyond Oils technology, which has FDA and Health Canada clearances, addresses health risks associated with reused frying oil. The collaboration aligns with global sustainability efforts in the food service industry and marks a significant step in Beyond Oils global growth strategy.
Partners
growth-positive
Beyond Oil Delivers January Order Sized 10.8T to Latitude as Part of Master Distribution Agreement
Beyond Oil Ltd., a food-tech innovation company, has successfully delivered its first order under a Master Distribution Agreement with Latitude Ltd. This marks a significant milestone in their partnership aimed at expanding market penetration in the U.S. food service industry. The agreement includes minimum purchase commitments of $8.3 million for 2025. Beyond Oils product, which has FDA and Health Canada clearances, reduces harmful compounds in frying oil, addressing health risks associated with reused oil. The collaboration leverages Latitudes logistics and distribution capabilities to reach various customer levels, from small businesses to large restaurant groups, while maintaining cost-efficient operations.
CustomersPartnersProduct Stage
growth-positive
Beyond Oil Expands Footprint to France as it Continues to Drive its Global Expansion Strategy Forward
Beyond Oil Ltd., a food-tech innovation company, has announced a partnership with FollowFood, a prominent player in the French food industry. This collaboration marks a significant step in Beyond Oils European expansion, aligning with its strategy to introduce sustainable and health-focused innovations globally. FollowFood, known for its innovative solutions in the food sector, will introduce Beyond Oils unique filtering powder to the French market, addressing the demand for sustainable and cost-efficient solutions. This partnership is expected to generate significant interest and demand within FollowFoods network, highlighting Beyond Oils accelerating global growth strategy.
Partners
growth-positive
Beyond Oil Secures US$8.3 Million Master Distribution Agreement in the United States with Latitude Ltd.
Beyond Oil Ltd., a food-tech innovation company, has announced a significant Master Distribution Agreement with Latitude Ltd., a New York-based distribution company. This agreement, approved on January 23, 2025, includes minimum purchase commitments totaling $8.3 million for 2025. The partnership allows Latitude to market and sell Beyond Oils products across the United States, focusing on small and medium-sized food service customers. This collaboration is expected to enhance Beyond Oils market reach and revenue growth while minimizing overhead costs. The agreement is set for five years, with potential renewals, and aims to leverage Latitudes logistics expertise for efficient market penetration.
PartnersCustomers
growth-positive
Beyond Oil Expands to Australia with 5 Year T&J Oil Distribution Agreement Valued at Approximately US$4.9 million*
Beyond Oil Ltd., a food-tech innovation company, has entered into a five-year distribution agreement with T&J Oil Pty Ltd. in Australia. This partnership marks Beyond Oils entry into the Australian market and involves T&J Oil distributing Beyond Oils proprietary oil treatment products to non-chain restaurants and local chains. The agreement includes minimum purchase commitments totaling US$4,947,600 over five years, with US$243,600 expected in the first year. Additionally, an annual licensing fee of AUD$100,000 is included. Beyond Oil will also provide certified training sessions, and T&J Oil will establish a dedicated training center. This partnership aligns with Australias push for sustainability in the food service industry.
Partners
growth-positive
Beyond Oil Secures Vendor Approval from Major Fast-Food Chain in Eastern Europe, Kicks Off 16-Ton Product Rollout
Beyond Oil Ltd., a food-tech innovation company, has successfully transitioned from a pilot program to a commercial launch with a major Eastern European fast-food chain operating over 1,000 locations. This marks a significant milestone in Beyond Oils global expansion strategy, unlocking recurring revenue opportunities. The company has secured vendor approval and delivered a 16-ton order to the restaurant group, with the product now available for purchase by all franchisees. Beyond Oil focuses on providing healthier frying solutions, reducing health risks, and enhancing sustainability. The companys technology has received regulatory clearance from the FDA and Health Canada, and it aims to become a global standard in frying operations.
Product StageCustomers
growth-positive
Orlando-Based Sus Hi Eatstation Commences Full Oil Management Program With Beyond Oil Product
Beyond Oil Ltd., a food-tech innovation company, is expanding its presence in the United States by integrating its full oil management program with Sus Hi Eatstation. This program includes the use of Beyond Oils product to improve oil quality and food consistency, along with monitoring and new equipment. Sus Hi Eatstation, a Florida-based chain, is the first U.S. customer to adopt this program, marking a significant step in Beyond Oils U.S. expansion strategy. The company aims to set a global standard in frying operations by offering healthier frying solutions that reduce harmful compounds and extend oil life.
Customers
growth-positive
Beyond Oil Expands into Mexican Frying Market with Distribution Agreement with Fármacy México and Expands Investor Relations to Reach New Audiences
Beyond Oil Ltd., a food-tech innovation company, has achieved a significant commercial milestone by signing its first distribution agreement in Mexico with Fármacy México. This marks Beyond Oils initial foray into the Latin American market as part of its global expansion strategy. The agreement grants Fármacy México non-exclusive rights to distribute Beyond Oils products in Mexico, with initial customer sales expected soon. Additionally, Beyond Oil has engaged Arx Consulting Ltd. to enhance its brand awareness and investor relations among English and German-speaking audiences. This partnership aims to support Beyond Oils market positioning and expansion efforts. The Arx Consulting Agreement, approved by the CSE, includes a one-time fee of US$370,000 for a six-month period.
PartnersCustomers
growth-positive
Beyond Oil to Present at The Benchmark Company’s Upcoming Discovery One-on-One Investor Conference in New York City
Beyond Oil Ltd., a food-tech innovation company, announced its participation in The Benchmark Company’s 13th Annual Discovery One-on-One Investor Conference on December 11th, 2024, in New York City. The conference provides an opportunity for emerging growth companies to connect with institutional and individual investors. Beyond Oil, known for its disruptive solutions in the food-tech sector, aims to reduce health risks associated with fried foods while enhancing sustainability and lowering operational costs. The company has registered patents in Israel, the USA, and Europe and has received clearances from health authorities. The participation in the conference is expected to foster investment opportunities and strategic partnerships, contributing positively to the companys growth.
Investment
growth-positive
Beyond Oil Kicks Off Initial Sales and Pilots in the U.S. and Appoints Industry Veteran Jason Hatfield to Lead U.S. Sales
Beyond Oil Ltd., a food-tech innovation company, is expanding its presence in the U.S. food service market. The company has initiated pilot programs with three U.S. customers, including a regional multi-unit restaurant group, a nationally recognized full-service restaurant group, and a leading American university. These pilots mark significant progress in Beyond Oils U.S. market penetration, supported by the recent appointment of Jason Hatfield as Director of U.S. Sales. Hatfields extensive experience in the food service industry is already yielding results, with initial small-scale sales validating Beyond Oils proprietary oil filtration technology. The U.S. food service market, valued at $820 billion in 2024, presents a substantial growth opportunity for Beyond Oil, which is well-positioned to scale its operations with FDA clearance and various international certifications.
CustomersExpandManagement Changes
growth-positive
Beyond Oil Strengthens Leadership Team with Appointment of Aviran Fine as Chief Operating Officer & Engages New Capital Markets Advisors
Beyond Oil Ltd., a food-tech innovation company, has appointed Aviran Fine as Chief Operating Officer to enhance its operational capabilities as it scales globally. Fine brings significant experience from major US-based fast-food chains, having improved operational and financial efficiency at KFC Israel and Burger King Israel. This appointment aligns with Beyond Oils recent market expansions into Asia and Eastern Europe and follows a C$1.77 million funding from warrant exercises. Additionally, Beyond Oil has engaged ARX Consulting Ltd. for capital markets and corporate strategy advisory services, starting November 2024. The partnership aims to support Beyond Oils international growth with data-driven insights and global networking. The agreement with ARX includes a quarterly fee of US$45,000.
Management ChangesInvestmentPartners
growth-positive
Beyond Oil Secures C$1.77 Million in Funding Through Warrant Exercises, Led by Strategic Partner West Coast Reduction
Beyond Oil Ltd., a food-tech innovation company, has received C$1,765,951.25 from the exercise of 1,412,761 warrants at C$1.25 each. This funding supports their global expansion efforts and highlights the confidence of strategic partners, including West Coast Reduction Ltd., in their mission to disrupt the food oil industry. The investment underscores the companys commitment to reducing health risks and enhancing sustainability in food processing. Beyond Oils solutions aim to mitigate cancer and cardiovascular risks associated with fried foods, while also lowering operational costs and minimizing waste. The strategic investments from distributors and end-user customers reflect strong market potential and momentum.
InvestmentPartners
growth-positive
Beyond Oil Expands into Asia with Purchase Order from Leading Philippines-Based Restaurant Chain Hap Chan
Beyond Oil Ltd., a food-tech innovation company, has achieved a significant milestone by securing its first direct sale in Asia. The company received a purchase order from Hap Chan, a leading Philippine restaurant chain, for over 10,000 daily-use units of its advanced filtration powder. This order follows a successful pilot program and public endorsement by Chef Israel Aharoni. The partnership with Hap Chan marks a crucial step in Beyond Oils global expansion strategy, particularly in the Asian market. Beyond Oils product aims to improve oil usage efficiency, enhance health standards, and promote sustainability. The company is committed to expanding its market presence in Asia and other international markets.
Customers
growth-positive
Beyond Oil Expands Sales into Eastern Europe with 16 Ton Order from Franchisee of Global Fast-Food Chain
Beyond Oil Ltd., a food-tech innovation company, has achieved a significant milestone in its global expansion efforts by receiving payment for a 16-ton container of its product from an Eastern European franchisee of a major fast-food chain. This order follows a successful pilot program in Eastern Europe and marks a critical step in Beyond Oils strategy to penetrate larger, more populated markets. The company aims to disrupt the food oil industry by providing solutions that reduce health risks, lower operational costs, and enhance sustainability. Beyond Oil plans to continue expanding its market presence by targeting new pilots and sales in international markets.
Customers
growth-positive
Beyond Oil and West Coast Reduction Provide Commercial Update to Strategic Partnership in North America
Beyond Oil Ltd., a food-tech innovation company, has announced a strategic partnership with West Coast Reduction Ltd. (WCRL), a major used cooking oil collection and recycling company in Western Canada. This partnership establishes WCRL as the exclusive distributor of Beyond Oil products in Canada and a non-exclusive distributor in Washington State. The collaboration has led to successful customer demonstrations and pilot programs, resulting in supply agreements with various restaurant chains. WCRL is set to accelerate the roll-out of Beyond Oil products across Canada and Washington State, aiming to expand pilot programs and engage new customers. The partnership also focuses on the industrial frying sector, with successful Proofs of Concept completed, paving the way for full-scale commercialization.
PartnersCustomersExpand
growth-positive
Beyond Oil Expands into Western Europe with Purchase Order from Mister Noodles Restaurant Chain in Spain
Beyond Oil Ltd., a food-tech innovation company, has achieved a significant milestone by securing its first direct purchase order in Western Europe. The Spanish restaurant chain, Mister Noodles, has ordered 10,000 daily doses of Beyond Oils product for integration into its 20 restaurants across Spain. This partnership aims to enhance the health and sustainability of fried foods served by Mister Noodles, aligning with Beyond Oils mission to mitigate health risks and reduce operational costs. The collaboration is a strategic step in Beyond Oils global expansion, replicating its success in Israel to larger markets. The initiative is expected to raise awareness about healthier food options in Spain and potentially influence other restaurants to adopt similar practices.
Customers
growth-positive
Fandango Collection & Recycling Issues Business Report After One Year of Activity with Beyond Oil
Beyond Oil Ltd., a food-tech innovation company, is expanding its customer base in Israel through its exclusive distributor, Fandango Collection & Recycling Ltd. Fandango has successfully attracted new customers, including the Giraffe and MeatBar restaurant chains, and has closed repeat sales with other large organizations. The partnership has resulted in significant reductions in oil consumption for customers, enhancing sustainability and food quality. Beyond Oil and Fandango are working to replicate this successful model in other countries. The expansion is supported by marketing efforts, staff training, and social media campaigns. This growth is expected to positively impact Beyond Oil by increasing its market penetration and customer base.
CustomersPartners
growth-positive
Beyond Oil Closes Non-Brokered Private Placement
Beyond Oil Ltd., a food-tech innovation company, announced the closing of a non-brokered private placement, raising C$2,018,551.83 by issuing 1,345,697 shares at C$1.50 per share. The lead order came from Fandango Collection & Recycling Ltd., its exclusive distributor in Israel, along with investments from the companys CTO, employees, existing shareholders, and restaurant owners. The funds will be used for general corporate purposes, supporting Beyond Oils strategic objectives and growth initiatives in the food-tech industry. The shares are subject to a hold period of four months plus one day from the closing date.
InvestmentCustomersPartners
growth-positive
Beyond Oil Announces Non-Brokered Private Placement
Beyond Oil Ltd., a food-tech innovation company, announced a non-brokered private placement of up to 1.8 million common shares at C$1.50 per share, aiming to raise up to C$2.7 million. The proceeds will be used for general corporate purposes. The offering is subject to customary closing conditions and regulatory approvals. Beyond Oil specializes in a patented formula that extends the life of frying oil, promoting health and sustainability in the food industry. The companys technology is used in restaurants, hotels, and factories to enhance efficiency and reduce costs.
Investment
growth-positive
Beyond Oil Featured in Television Report by Israel's Broadcast Network
Beyond Oil Ltd., a food-tech innovation company, was featured on Israels National Public Broadcast Network, Kan 11, on August 22, 2024. The broadcast highlighted the companys innovative solution for extending the life of frying oil, reducing health risks, and contributing to environmental sustainability. Michael Pinhas Or, President of Beyond Oil, emphasized the companys commitment to improving global health and reducing costs for food service operations. Beyond Oils patented filter powder technology absorbs degradation components from fried oil, allowing it to be reused while maintaining quality. This advancement is seen as a significant step towards a more sustainable future in the food industry.
growth-positive
Beyond Oil Announces Publication of Medical Opinion by Professor Sarel Halahmi, Head of Urology Department at Bnei Zion Medical Center-Medical Opinion Concluding that Beyond Oil is Improving Health Safety by Reducing Urological Risks, Bladder Cancer and Impaired Fertility from Reused Fried Oils
Beyond Oil Ltd., a food-tech innovation company, has announced the publication of a Medical Opinion by Sarel Halahmi, the Head of Urology at the Department of Bnei Zion Medical Center and full clinical professor at the Rappaport Faculty of Medicine in Israel. The Medical Opinion focuses on the health risks associated with foods fried in reused oil and the innovative solution to reduce morbidity caused by this exposure by using Beyond Oil technology. The Medical Opinion concludes that Beyond Oils filter powder represents a global scientific breakthrough in protecting public health and serves as an effective and proven tool for reducing morbidity caused by the consumption of foods fried in oils.
CustomersInvestmentExpand
growth-positive
Beyond Oil Enters into LOI with One of the World's Largest Global Food Equipment Manufacturers
Beyond Oil Ltd., a food-tech innovation company, has entered into a letter of intent with one of the worlds largest manufacturers of food equipment in the industrial frying market. The partnership aims to design and build state-of-the-art industrial frying filtration solutions that integrate Beyond Oils breakthrough technology with the renowned systems of the Industrial Manufacturer. The joint development program aims to create a revolutionary system for the industrial frying sector, producing healthier, safer and more sustainable food products. The goal is widespread adoption across industrial frying plants worldwide.
PartnersExpand
growth-positive
Fandango Collection & Recycling Places Second Major Order Following Growth in Expanded Customer Base in 2024
Beyond Oil Ltd., a food-tech innovation company, and its exclusive Israeli distributor, Fandango Collection & Recycling Ltd., are expanding their commercial presence in the Israeli market. Since receiving its initial product order of 16 tons in May 2023, Fandango has committed significant resources to staff training, product marketing, advertising, and developing a comprehensive sales system with restaurants across Israel. This has resulted in a growing customer base and increased sales. Fandango has also made a strategic investment in Beyond Oil, leading a recent C$2.5 million private placement.
CustomersPartnersInvestment
growth-positive
Beyond Oil Closes $2.5 Million Non-Brokered Private Placement with Lead Order from Fandango Collection & Recycling
Beyond Oil Ltd., a food-tech innovation company, has raised C$2.5 million in a non-brokered private placement. The company issued 2,380,952 units at a price of C$1.05 per unit. Beyond Oil secured a lead order in the offering from Fandango Collection & Recycling Ltd., its exclusive distributor in Israel. The funding will be used for general corporate purposes and will contribute to the companys ongoing innovation and growth initiatives in the food-tech industry. Beyond Oils product, a filter powder that extends the lifespan of fried oil, is aimed at reducing health risks associated with fried food, lowering operational costs, minimizing waste, and enhancing sustainability.
InvestmentPartnersCustomers
Growth-Positive
Beyond Oil Announces Non-Brokered Private Placement
Beyond Oil Ltd., a food-tech innovation company, has announced its intention to undertake a non-brokered private placement of up to 2,380,952 units at a purchase price of C$1.05 per unit, aiming to raise total gross proceeds of up to C$2.5 million. The company plans to use the net proceeds from the offering for general corporate purposes. The offering is subject to customary closing conditions including the receipt of all necessary approvals.
Investment
growth-positive
Beyond Oil Enters into Supply Agreement with Second Global Fast-Food Chain in Israel
Beyond Oil Ltd., a food-tech innovation company, has entered into a new supply agreement with the master franchisee of one of the largest global fast-food chains in Israel. This agreement marks the second international fast-food chain to become a direct customer of Beyond Oil. The companys product is designed to reduce health risks associated with fried food, lower operational costs, minimize waste, and enhance sustainability. The agreement is part of Beyond Oils global expansion strategy and contributes to its mission of improving public health and enhancing sustainability.
CustomersPartnersExpand
growth-positive
Beyond Oil Achieves Significant Milestones Towards Commercialization Into the Industrial Frying Market
Beyond Oil Ltd., a food-tech innovation company, has successfully completed Proofs of Concept at the facilities of large fried food manufacturers in the USA and Canada. The company is making significant progress in the roll-out of its product to the food service industry and is also focused on becoming fully commercialized into the industrial frying market globally. Beyond Oil is collaborating with leading industrial filtration system companies to offer the most efficient and cost-effective online filtration solution. The companys product has exceeded expectations in several key areas, particularly in improving the flow rate of treated oil. Beyond Oil plans to build on these successful testing results and enter the North American industrial frying market in the near future.
CustomersPartnersExpand
growth-positive
Beyond Oil Collaborates With Renowned Culinary Chef Israel Aharoni
Beyond Oil Ltd., a food-tech innovation company, has received an endorsement from renowned Chef Israel Aharoni for its product that reduces health risks, extends the life of frying oil, reduces costs and waste. This endorsement follows the successful completion of joint pilot programs, after which Chef Aharoni became a valued customer. Beyond Oils product is a filter powder that effectively absorbs degradation components from fried oil, slows down the rate of deterioration reactions, and enables the oil to be reused while preserving its quality. This solution represents a significant global advancement in safeguarding the health of diners and kitchen workers in factories or restaurants that reuse the same oil over an extended period.
CustomersExpand
growth-positive
Beyond Oil Announces Product Rollout by Franchisees in Israel from One of the World's Largest Fast-Food Chains
Beyond Oil Ltd., a food-tech innovation company, has announced a new customer following successful pilot programs with franchisees of a major international food service parent company. The supply agreements will see full-scale adoption of Beyond Oils product by one of the parent companys brands in Israel, one of the largest food chains in the world. The companys product, which extends the life of frying oil, reducing costs and waste, and reducing health risks, has been adopted as a new operational standard across all the food chains outlets in Israel. Beyond Oil is now poised to expand its presence within the global franchise network.
CustomersExpand
Growth-Positive
Beyond Oil Announces Voting Results of Annual and Special Meeting of Shareholders
Beyond Oil Ltd., a food-tech innovation company, has announced the results of its annual and special meeting of shareholders held on April 25, 2024. The companys shareholders approved all items of business, including setting the number of and electing directors of the company, appointing an auditor for the ensuing year, approving the amendment to the companys omnibus equity incentive plan, amending the deferred purchase price agreement, and approving the extension of the expiry date of over 4.9 million warrants. Beyond Oil is dedicated to transforming the food industry with sustainable solutions, reducing costs and waste, and prioritizing environmental protection.
Management Changes
growth-positive
Beyond Oil Provides Supplemental Disclosure Relating to its Annual General & Special Meeting
Beyond Oil Ltd., a food-tech innovation company, will host its annual general and special meeting of shareholders on April 25, 2024. The meeting will include setting the number of and electing directors of the Company, appointing an auditor for the ensuing year, approving the amendment to the Companys omnibus equity incentive plan, amending the Deferred Purchase Price Agreement, and approving the extension of the expiry date of warrants. The company has also provided additional information regarding the Deferred Purchase Price Agreement and the Subco Warrants.
Management Changes
growth-positive
Beyond Oil Recognized with Innovation Award at the Israel Restaurant Summit and Food Conference
Beyond Oil Ltd., a food-tech innovation company that extends the life of frying oil, reducing costs, waste, and health risks, was recognized as the most innovative food-tech company at the 9th Annual Restaurant Summit and Food Conference in Israel. The company co-presented with Fandango Collection & Recycling Ltd., its food-service distributor in the Israeli market. Beyond Oils solution absorbs degradation components from fried oil, slows down the rate of deterioration reactions, and enables the oil to be reused while preserving its quality. This contributes to environmental impacts and offers cost-saving benefits to restaurants.
CustomersPartners
growth-positive
Beyond Oil Announces Details for its Annual General & Special Meeting
Beyond Oil Ltd., a food-tech innovation company, is set to host its Annual General & Special Meeting (AGSM) on April 25, 2024. The meeting will be held at the offices of Endeavor Trust Corporation in Vancouver, BC, and virtually via Zoom. The company is dedicated to transforming the food industry by providing sustainable solutions that reduce costs, waste, and health risks. It aims to minimize the carbon footprint of the food industry and deliver a healthier final product by reducing the formation of carcinogenic substances in fried food.
Management Changes
growth-positive
Beyond Oil Ships Container of Product to West Coast Reduction Ltd.
Beyond Oil Ltd, a food-tech innovation company, has announced the shipment of its high-quality product to West Coast Reduction Ltds facilities in Canada. This is the first order under the Strategic Partnership and Distribution Agreement with West Coast Reduction. The shipment will serve multiple purposes, including ongoing customer demonstrations and the introduction of Beyond Oils product to new customers in West Coast Reductions territory of Canada and Washington State, USA. Beyond Oil is also working closely with West Coast Reduction in the training, demonstration, and commercial planning aspects of their planned commercial rollout in North America.
PartnersCustomersExpand
growth-positive
Beyond Oil Closes Final Tranche of Non-Brokered Private Placement With Lead Order from West Coast Reduction Ltd.
Beyond Oil Ltd., a food-tech innovation company, has announced the closing of its non-brokered private placement, raising a total of C$2,635,642.50. The company issued 2,688,668 units at a price of C$0.75 per unit, with an affiliate of West Coast Reduction Ltd., its strategic partner in North America and exclusive distributor in Canada, securing a lead order. The funds raised will be used for general corporate purposes. The company also granted options to acquire an aggregate of 1,123,294 shares. Beyond Oils product extends the usable life of frying oil, reducing costs and health risks.
InvestmentPartners
growth-positive
Beyond Oil Enters Into Strategic Opportunities & Distribution Agreement with West Coast Reduction Ltd.
Beyond Oil Ltd., a food-tech innovation company, and West Coast Reduction Ltd. (WCRL), Western Canadas largest used cooking oil collection, recycling and rendering company, have entered into a Strategic Opportunities & Distribution Agreement. The agreement gives WCRL the right to market and sell Beyond Oils product to food service customers in Canada and Washington State. WCRL will also be the exclusive distributor of the Beyond Oil product for the industrial food industry in these regions. The two companies will continue to collaborate on research and development programs. The agreement is dated January 17, 2024, and has an initial term of five years.
PartnersExpand
growth-positive
Beyond Oil Strengthens Leadership Team with Appointment of Michael Nemirow as Strategic Advisor
Beyond Oil Ltd, a food-tech innovation company, has appointed Michael Nemirow as a Strategic Advisor to aid the companys expansion in North America and enhance its strategic growth initiatives. Nemirow, who has led and scaled businesses across diverse sectors, will focus on distribution strategies, sales, supply chain, manufacturing, and the companys ambitious growth plans. The appointment is part of Beyond Oils commitment to assembling a high-caliber team dedicated to advancing its innovative solutions and contributing to a more sustainable future.
Management ChangesExpand
growth-positive
Beyond Oil Outlines 2023 Year in Review
Beyond Oil Ltd., a food-tech innovation company, has announced its plans to leverage its 2023 success and accelerate growth in 2024. The company has made significant achievements in 2023, including the commercial launch of its food-service product, a growing customer base, robust production capabilities, and gaining trust through health reports validated by university and hospital experts. The company has also successfully commercialized its product for the food service industry and has begun expanding its operational and logistics solutions into the North American market. Beyond Oil has also closed the first tranche of the non-brokered private placement financing of units of up to US$2M.
CustomersPartnersInvestmentExpand
growth-positive
Beyond Oil Announces Publication of Medical Opinion by Director of Pulmonary Division at Wolfson Medical Center on Beyond Oil's Innovative Solution for Reducing Occupational Health Risks Associated with Exposure to Reused Frying Oil Fumes
Beyond Oil Ltd, a food-tech innovation company, has unveiled a Medical Opinion by Professor Oren Fruchter, Director of the Pulmonary Division of the Wolfson Medical Center. The opinion highlights the positive impacts of Beyond Oils technology on workers health, specifically in mitigating health risks associated with exposure to reused frying oil fumes. The companys filter powder offers a preventive approach to reducing cancer morbidity and mortality caused by frying fume exposure. The technology also empowers the food industry to provide safer and healthier food to consumers while creating a safer working environment for kitchen staff.
CustomersExpand
growth-positive
Beyond Oil Announces Non-Brokered Private Placement
Beyond Oil Ltd., a food-tech innovation company, has announced a non-brokered private placement of up to 3,600,000 units at a purchase price of C$0.75 per unit, aiming to raise up to US$2.0 million. The company plans to use the net proceeds for general corporate purposes. Beyond Oil extends the usable life of frying oil, reducing costs, waste, and health risks. The company has a portfolio of registered and patent-pending solutions that extend the shelf-life of produced and used vegetable oils. It received a non-objection letter from the US Food & Drug Administration in March 2022 and from Health Canada in May 2022.
Investment
growth-positive
Beyond Oil Ships Product to Oil Solutions Group & Vital Hospitality
Beyond Oil Ltd., a food-tech innovation company, has announced its first commercial shipment of 3.2 tons of its product to the United States and the United Kingdom. The shipments were sent to Oil Solutions Group in the US and Vital Hospitality in the UK. This marks a significant milestone in the partnerships between Beyond Oil and these two companies and expands Beyond Oils market presence. The product shipped extends the usable life of frying oil, improves product quality, and reduces frying oil costs. Beyond Oils CEO, Jonathan Or, expressed excitement about penetrating the US and UK markets with their unique product.
CustomersPartnersExpand
growth-positive
Beyond Oil Provides Corporate & Commercial Update
Beyond Oil Ltd., a food-tech company that produces a product extending the life of frying oil, has announced a comprehensive corporate and commercial update. The company has signed distribution and customer agreements and initiated pilot projects to test the product with globally recognized brands. Beyond Oil has entered into a distribution agreement with Fandango Collection & Recycling Ltd. for the Israeli market and with Oil Solutions Group for the US market. The company has also signed a distribution agreement with Vital Hospitality Ltd. for the UK market. Beyond Oil is also in advanced discussions with leading food chains and distribution companies in Europe, Asia, Canada, and Australia.
CustomersPartnersExpand
growth-positive
Beyond Oil Announces DTC Eligibility
Beyond Oil Ltd. has announced that the Depository Trust Company (DTC) has made the companys common shares eligible for electronic clearing and settlement. This DTC eligibility is expected to increase the accessibility and liquidity of Beyond Oils stock for U.S. investors. The company believes that this milestone will provide investors with greater visibility and open the door to new investors. Existing shareholders will also benefit from greater liquidity and execution speed. Beyond Oil is a food-tech innovation company that develops and manufactures a product designed to extend the life of frying oil while reducing costs and waste. The companys unique product integrates into existing filtration systems, helping to create healthier food and increase sustainability.
Public Trading
growth-positive
The Power Play by The Market Herald Releases New Interviews with Beyond Oil, Empower Clinics and Nextech3D.ai Discussing Their Latest News
Beyond Oil, Empower Clinics, and Nextech3D.ai have shared their latest news via The Power Play by The Market Herald. Beyond Oil has signed a UK distributor agreement with Vital Hospitality Ltd. Empower Clinics has announced a proposal for a division spin out after a strategic review. Nextech3D.ai has announced a new production record, having delivered more than 50,000 3D models to its customers.
PartnersManagement Changes
growth-positive
Beyond Oil Signs UK Distributor Agreement with Vital Hospitality Ltd.
Beyond Oil Ltd., a food-tech innovation company, has entered into a distribution agreement with Vital Hospitality Ltd. This is Beyond Oils first commercial distribution partnership in Europe. The agreement gives Vital Hospitality the rights and a license to market and sell Beyond Oils product to food service customers in the UK. Beyond Oils product extends the life of frying oil, reducing costs and waste. The company has developed a unique solution that can absorb harmful components generated in frying oil, ensuring it stays fresh and fried food tastes fantastic. The agreement is dated August 8, 2023, with an initial term of four years and will renew for an additional three-year term.
PartnersExpand
growth-positive
Beyond Oil Announces Commercial Sales Agreement With Café Gan Sipur In Israel
Beyond Oil Ltd, a food-tech innovation company, has announced that Café Gan Sipur, a customer of Fandango Collection & Recycling Ltd, has purchased Beyond Oils product following a successful product demonstration program. The product, which extends the life of frying oil, reducing costs and waste, will be integrated into Café Gan Sipurs standard operating procedures at all of its outlets in Israel. Beyond Oils product also improves oil quality and enhances the taste of food. Fandango, the exclusive distributor of Beyond Oils product in Israel, is also pleased with the products performance.
CustomersPartners
growth-positive
Beyond Oil Signs U.S. Distribution Agreement with Oil Solutions Group
Beyond Oil Ltd, a food-tech innovation company, has entered into a distribution agreement with Oil Solutions Group, Inc. This agreement gives Oil Solutions Group the rights and license to market and sell Beyond Oils product to its restaurant customers in the United States. Oil Solutions Group is a pioneering company providing cutting-edge oil management solutions with high-quality filtration products. The partnership will allow Beyond Oil to reach a vast base of existing customers while also engaging new ones. The agreement became effective on July 31, 2023.
PartnersCustomersExpand
growth-positive
'Health, sustainability, and profitability': Beyond Oil revolutionizes fried food
Beyond Oil, an Israeli startup founded by Michael Pinchas Or and his son Yonatan, has developed a filtering powder that can be added to used frying oil to restore its usability for up to 60 days. The powder eliminates harmful components generated in the oil, making it a potential game-changer for the junk food industry. The company is now entering the American market. Beyond Oils product is sold in Israel through Fandango, a company that provides collection and recycling services for frying oils to over 8,000 restaurants, event halls, and hotels. The company is also looking to tackle the issue of water contamination.
CustomersExpand
growth-positive
Beyond Oil Announces Grant of Options to New Director
Beyond Oil Ltd. announces the appointment of Mr. Erez Winner to the board of directors and grants him an option to acquire 200,000 common shares. Beyond Oil develops and manufactures a product that extends the life of frying oil while preserving its quality and nutritional value. The product integrates into existing filtration systems, reducing costs, creating healthier food, decreasing waste, and increasing sustainability.
Management Changes
growth-positive
Canadian Securities Exchange Presents The Summit on Responsible Investment
The Canadian Securities Exchange (CSE) is hosting its first-ever Summit on Responsible Investment in Kelowna, British Columbia on June 27, 2023. The conference will focus on socially responsible investing (SRI) and environmental, social, and governance (ESG) issues. The event will feature expert speakers discussing responsible governance, the purpose-driven economy, reporting and disclosure systems, and more. In the afternoon, senior executives from various sectors will showcase their efforts to promote sustainability and corporate ethics. The CSE aims to provide insights and information on relevant topics in the financial markets and introduce investment opportunities through companies making a positive impact. The conference will also be accompanied by a special SRI-focused content series on the CSEs blog and presentations will be uploaded to CSE TV after the event.
Partners
growth-positive
Beyond Oil Commences Trading on OTCQB Venture Market
Beyond Oil Ltd. has successfully upgraded from the OTC Pink Open Market to the OTCQB Venture Market. This upgrade will increase the companys visibility in the U.S. and enhance the accessibility and liquidity of its shares. Beyond Oil develops and manufactures a product designed to extend the life of frying oil while reducing costs and waste. The product integrates into existing filtration systems, helping create healthier food and increasing sustainability. The OTCQB offers transparent, high-quality trading for development stage companies. Beyond Oils common shares will continue to trade on the Canadian Securities Exchange.
Public Trading
growth-positive
Beyond Oil Appoints New Officers
Beyond Oil Ltd. has appointed Michael Pinhas Or as President and Robert Kiesman as Vice President. The company is pleased to leverage Mr. Ors industry experience to create shareholder value as it advances in the commercialization of its product. Mr. Kiesman has been instrumental in leading the companys go-public process and will continue to contribute to the companys growth. The Board has granted Mr. Kiesman options to acquire 850,000 common shares. Beyond Oils product extends the usable life of frying oil, reduces costs, and improves product quality. The company has developed a unique solution that absorbs harmful components in frying oil. Beyond Oil also has a portfolio of registered and patent-pending solutions. The companys product is distribution ready and has received approvals from the US FDA and Health Canada.
Management Changes
growth-positive
Beyond Oil Delivers 16 Tons of Product to Fandango Collection & Recycling Ltd. Marking Largest Commercial Shipment to Date
Beyond Oil Ltd. has successfully completed a significant milestone by fulfilling its initial purchase order from Fandango Collection & Recycling Ltd. The delivery of 16 tons of its high-quality product to Fandangos facilities in Israel will serve multiple purposes, including customer demonstrations and expanding Beyond Oils market presence in Israel. The partnership between Beyond Oil and Fandango is further solidified. Beyond Oils product extends the usable life of frying oil, reduces costs, and improves product quality. It has the potential to dramatically lower costs for quick-service restaurants. The product is distribution-ready and has received regulatory approvals. Beyond Oil plans to expand into the North American market and beyond. The article does not mention any investors or acquisition amounts. The event described in the article occurred on May 31, 2023.
CustomersPartners
growth-positive
Beyond Oil Provides Update on Commercial Partnership with Fandango Collection & Recycling Ltd.
Beyond Oil Ltd., a food-tech innovation company, has signed a definitive agreement with Fandango Collection & Recycling Ltd. to expand its outreach in the Israeli food service industry. Fandango has launched a product demonstration initiative across Israel, resulting in new customer relationships for Beyond Oil. The company has also begun fulfilling a 16-ton purchase order from Fandango. Beyond Oils product extends the usable life of frying oil, reduces costs, and improves product quality. The company has a unique solution that absorbs harmful components and undesired off-flavors, colors, and odors. Beyond Oil is legally permitted to sell its product in the Israeli market. The partnership with Fandango marks a significant step forward for Beyond Oil in establishing a solid foundation in the local market.
CustomersPartners
Beyond Oil Receives Halal Certification and Provides Update from Israel Ministry of Health
growth-positive
Professor Nissim Garti of the Hebrew University of Jerusalem Publishes Scientific Report on Positive Health Benefits of Beyond Oil's Product in Frying Oil
Beyond Oil Ltd., a food-tech innovation company, has released a comprehensive health report examining the health risks associated with the repeated use of frying oil and the potential health benefits of its innovative technology. The report, validated by Professor Nissim Garti of the Hebrew University of Jerusalem, highlights that Beyond Oils product can significantly reduce the formation of carcinogenic substances in fried food. The companys CEO, Jonathan Or, expressed delight at having the health benefits of their product validated by a leading professor in food science and chemistry.
CustomersExpand
Beyond Oil Announces Voting Results of Annual and Special Meeting of Shareholders
growth-positive
Beyond Oil Provides Supplemental Disclosure Relating to its Annual General & Special Meeting
Beyond Oil Ltd. will host its annual general and special meeting of shareholders on May 3, 2023. The meeting will include setting the number of directors, appointing an auditor, approving an equity incentive plan, amending the Deferred Purchase Price Agreement, and extending the expiry dates of warrants. The company has determined that it is in the best interest of shareholders to request minority approval for the amendments. The request for amendments was based on the inability to meet the original milestone timelines due to market conditions. The Non-Interested Directors have authorized the company to proceed with the amendments. Shareholders who are not related parties will vote on the resolutions at the meeting.
Management Changes
Beyond Oil Appoints Arie Halpern as Chairman of the Advisory Board
Beyond Oil Announces Application for the OTCQB Venture Market and DTC Eligibility
Beyond Oil Ships First Commercial Shipment of Product to North American Distributor TEJA Food Group
Beyond Oil Announces Closing of $1.2 Million Non-Brokered Private Placement and Appointment of New Director
Beyond Oil Launches Commercialization Stage in the Israeli Market With a 16 Ton Purchase Order From Fandango Collection & Recycling
Beyond Oil and Fandango Collection & Recycling Ltd. Sign Definitive Agreement for Exclusive Distribution in Israel
Beyond Oil Announces Leadership Change
Beyond Oil Announces Appointment of Erez Winner to Board of Directors
Beyond Oil and Fandango Collection & Recycling Ltd. Sign MOU for Distribution in Israel
Beyond Oil Announces Closing of $1.2 Million Non-Brokered Private Placement
growth-positive
Beyond Oil Signs Commercial Sales Agreement with Burger Saloon Chain in Israel
Beyond Oil Ltd. has signed a commercial sales agreement with Burger Saloon Ltd., a premium burger chain in Israel. The agreement allows Beyond Oil to supply its product to four Burger Saloon outlets initially, with the potential for expansion to additional outlets. Beyond Oils product extends the usable life of frying oil, improves product quality, and reduces costs. The food service sector in Israel has been experiencing rising costs, leading to a shift in consumer preferences towards cost-conscious options. Beyond Oils solution aims to lower costs for quick service restaurants by extending the useful life of oil while retaining the original taste profile. The company has received regulatory approvals and certifications for its product. The article does not mention any investors or acquisition amounts. The event described in the article took place on October 6, 2022.
Customers
Beyond Oil Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 36 |
| Team members | 4 |
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Beyond Oil Internal
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Admin Info
| Confidence | 90/100 |
| Missing | markets, not claimed |
| BI Verification | Ortal Wein |
| Registrar ID | 515931111 |
| Crunchbase | beyond-oil |
| Phone | +972-4-654-8975 |
| Creator | Dana Arnon |
| Creator email | dana.arnon@mail.huji.ac.il |
| Last updater | Ortal Wein |
| Updater email | ortalw@sncentral.org |
| Last update | 2024-06-03T00:00:00.000Z |
| Created | 2022-10-31T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Public on CSE on May, 2022; |