Brevel Overview
Brevel develops a neutral-flavored and sustainable alternative protein from microalgae, suitable for animal-free products such as dairy, egg, meat, and seafood alternatives. The protein is high-quality, with a complete amino acid profile and significant nutritional value. Brevel's technology combines sugar-based fermentation with high-intensity light to produce affordable microalgae. This process allows for the production of microalgae rich in functionalities that are activated in the presence of light.
Cumulative Funding Raised Over Time ($)
$12.5MJul 2023
$19.7MJun 2022
$32.2MMar 2025
Latest News
growth-positive
Brevel, a Kiryat Gat, Israel–based climate food-tech company, raised over US$5M in Seed funding
Brevel, an Israeli climate food-tech company, has successfully raised over $5 million in Seed funding, bringing the total investment in this round to $25 million. The funding round was backed by NevaTeam Partners, Siddhi Capital, the European Union’s EIC Fund, Good Protein Fund, The Food Tech Lab, and PVS Investments. Brevel plans to use the funds to accelerate its go-to-market strategy and further develop its microalgae protein technology for food and beverage applications. The company has recently completed a commercial factory and scaled up its technology to a production volume of 5,000 liters. Additionally, Brevel has secured a commercial and joint-development agreement with The Central Bottling Company.
InvestmentPartners
The Israeli climate foodtech company develops microalgae-based protein for food and beverage applications.
/PRNewswire/ -- Climate food-tech company Brevel, Ltd., secured more than US$5 million in a seed extension up-round, bringing the total investment in the round...
growth-positive
/PRNewswire/ -- Microalgae protein innovator Brevel, Ltd., announces it has signed a development and commercialization agreement with the largest Israeli...
Brevel, Ltd., a microalgae protein innovator, has entered into a 10-year development and commercialization agreement with The Central Bottling Company (CBC Group), Israels largest beverage company. This partnership aims to develop functional beverages and dairy alternatives using Brevels microalgae protein and oils. CBC Group has also made a strategic investment in Brevel during its last seed-funding round, which raised nearly USD 20 million. Brevels proprietary technology combines light with sugar fermentation to produce nutrient-rich microalgae efficiently. The company recently inaugurated a commercial factory in Southern Israel, capable of producing hundreds of tons of microalgae protein powder annually. This collaboration is expected to keep Brevel at the forefront of food-tech and climate-tech developments, offering sustainable and nutritious plant-based protein alternatives.
PartnersInvestmentProduct Stage
growth-positive
Beka AM y theFoodTechLab lanzan un fondo que invierte en agrifoodtech
Beka Asset Management, in collaboration with TheFoodTechLab, has launched TheFoodTechLab Climate Fund, FCRE, a venture capital fund aimed at identifying and investing in startups developing innovative technologies for the food industry. The fund will invest between 30 and 50 million euros in startups in the agrifoodtech sector, one of the fastest-growing venture capital categories. The fund has already made its first five investments after analyzing over 1,000 companies.
Investment
| Sector | Agriculture & Food Technologies |
Funding
| Total funding | $34.9M |
| Last funding | $12.5M |
| Stage | Seed |
| Rounds | 7 |
| Investors | 9 |
Team Members
5
Employees: 11-50
Web & Social Links
| Website | brevel.co.il |
| Careers | Careers page |
Locations
Izmargad St 16, Kiryat Gat, Israel
Photos & Videos
1 item(s)
Brevel Business
Business models
B2B, B2B2C
Product stage
Beta
Employees
11-50
Sector
Climate TechFood & Land UseSustainable FarmingSustainable ProteinsClean Industry Tech Sustainable Materials & CircularityAgriculture & Food TechnologiesFood TechNovel Food & IngredientsTarget Customer
Agriculture & FoodProcessed FoodsIngredientsCore Technology
Materials & SubstancesRaw MaterialsBiologicalsMicroorganismsTags (19)
alternative-proteinfood-industryclimate-techprecision-agricultureaquacultureagtechalgaesmart-farmingnovel-farming-systemsbiotechnologyplant-proteinproteinsnutritionfood-ingredientsfood-and-beveragenovel-ingredientsnatural-active-ingredientsfoodtechfood-securityGeographic Markets
North AmericaEuropeAmericasAsiaBrevel Financials
$34.9M
Total funding
Undisclosed
Capital raised
$12.5M
Last funding
Seed
Funding stage
7
Total rounds
9
Investors
Cumulative Funding Raised Over Time ($)
$12.5MJul 2023
$19.7MJun 2022
$32.2MMar 2025
Private Equity Funding
Seed
Mar 2025
$12.5M
NevaTeam Partners, Good Protein Fund, PVS Investments, Siddhi Capital, European Union’s EIC Fund, theFoodTechLab
Seed
Jul 2023
$12.5M
NevaTeam Partners (Lead)
,
European Union’s EIC Fund, theFoodTechLab
SAFE
Jun 2022
$7.2M
Good Startup, Tet Ventures, FoodHack, NevaTeam Partners
Non-Equity Funding
GrantEvent
Jul 2024
$403K
Israel Innovation Authority (Lead)
GrantEvent
Aug 2022
$400K
GrantEvent
Apr 2020
$400K
Israel Innovation Authority
GrantEvent
Mar 2020
$1.5M
Horizon2020
Brevel Lifecycle
Cumulative Funding Raised Over Time
$12.5MJul 2023
$19.7MJun 2022
$32.2MMar 2025
All Events
Seed
Mar 2025
$12.5M
NevaTeam Partners, Good Protein Fund, PVS Investments, Siddhi Capital, European Union’s EIC Fund, theFoodTechLab
Seed
Jul 2023
$12.5M
NevaTeam Partners (Lead)
,
European Union’s EIC Fund, theFoodTechLab
SAFE
Jun 2022
$7.2M
Good Startup, Tet Ventures, FoodHack, NevaTeam Partners
GrantEvent
Jul 2024
$403K
Israel Innovation Authority (Lead)
GrantEvent
Aug 2022
$400K
GrantEvent
Apr 2020
$400K
Israel Innovation Authority
GrantEvent
Mar 2020
$1.5M
Horizon2020
Brevel News
9 articles
growth-positive
Brevel, a Kiryat Gat, Israel–based climate food-tech company, raised over US$5M in Seed funding
Brevel, an Israeli climate food-tech company, has successfully raised over $5 million in Seed funding, bringing the total investment in this round to $25 million. The funding round was backed by NevaTeam Partners, Siddhi Capital, the European Union’s EIC Fund, Good Protein Fund, The Food Tech Lab, and PVS Investments. Brevel plans to use the funds to accelerate its go-to-market strategy and further develop its microalgae protein technology for food and beverage applications. The company has recently completed a commercial factory and scaled up its technology to a production volume of 5,000 liters. Additionally, Brevel has secured a commercial and joint-development agreement with The Central Bottling Company.
InvestmentPartners
The Israeli climate foodtech company develops microalgae-based protein for food and beverage applications.
/PRNewswire/ -- Climate food-tech company Brevel, Ltd., secured more than US$5 million in a seed extension up-round, bringing the total investment in the round...
growth-positive
/PRNewswire/ -- Microalgae protein innovator Brevel, Ltd., announces it has signed a development and commercialization agreement with the largest Israeli...
Brevel, Ltd., a microalgae protein innovator, has entered into a 10-year development and commercialization agreement with The Central Bottling Company (CBC Group), Israels largest beverage company. This partnership aims to develop functional beverages and dairy alternatives using Brevels microalgae protein and oils. CBC Group has also made a strategic investment in Brevel during its last seed-funding round, which raised nearly USD 20 million. Brevels proprietary technology combines light with sugar fermentation to produce nutrient-rich microalgae efficiently. The company recently inaugurated a commercial factory in Southern Israel, capable of producing hundreds of tons of microalgae protein powder annually. This collaboration is expected to keep Brevel at the forefront of food-tech and climate-tech developments, offering sustainable and nutritious plant-based protein alternatives.
PartnersInvestmentProduct Stage
growth-positive
Beka AM y theFoodTechLab lanzan un fondo que invierte en agrifoodtech
Beka Asset Management, in collaboration with TheFoodTechLab, has launched TheFoodTechLab Climate Fund, FCRE, a venture capital fund aimed at identifying and investing in startups developing innovative technologies for the food industry. The fund will invest between 30 and 50 million euros in startups in the agrifoodtech sector, one of the fastest-growing venture capital categories. The fund has already made its first five investments after analyzing over 1,000 companies.
Investment
growth-positive
Brevel sprouts $18.5M to develop microalgae-based alternative proteins | TechCrunch
Tel Aviv-based company Brevel, which develops microalgae into an alternative protein, has raised $18.5 million in seed funding. The companys proprietary technology combines fermentation and light to create a protein from microalgae, which is sold to food companies as a powder for use in plant-based products. The funding will be used for the continued development of its protein, with a focus on the dairy alternative sector. Brevel recently signed an agreement with plant-based cheese company Vgarden, which will be the first to incorporate Brevel’s protein into its plant-based cheese.
InvestmentPartnersExpand
growth-positive
Israeli alternative protein co Brevel raises $18.5m
Israeli microalgae-based alternative protein company, Brevel, has completed an $18.5 million seed financing round. The funds will be used to provide a neutral-tasting, functional, highly sustainable, and affordable alternative protein to the mainstream food industry. The round was led by NevaTeam Partners and supported by the EUs EIC Fund, as well as other leading food and climate funds and strategic partners from within the food industry. The companys technology combines sugar-based fermentation of microalgae with high light concentrations at industrial scales to produce a protein for plant-based products.
Investment
growth-positive
Israel’s Brevel and Vgarden Team Up to Add Taste to the Alt.Cheese Market
Brevel, an Israel-based company, is partnering with plant-based food manufacturer Vgarden to develop high-quality vegan cheese. Vgarden currently uses pea or wheat protein in their meat and fish alternatives, but they are looking for a protein that is mild-tasting and allergen-free for their cheeses. Brevels algae-based microprotein fits the requirements and can increase the protein content of Vgardens cheeses without affecting taste, color, or texture. Vgarden plans to incorporate Brevels protein into all of their cheeses, including mozzarella and cheddar. They are also expanding into the U.S. market and are in negotiations with sales and distribution companies. The partnership between Brevel and Vgarden is expected to have a positive impact on Brevels growth.
PartnersCustomers
growth-positive
Brevel scales production of 'ghost protein' from microalgae with $8.4m seed round
Brevel, a company specializing in microalgae-based protein production, has secured $8.4 million in seed funding to construct a commercial pilot factory in Israel. The factory will use proprietary technology that combines sugar-based fermentation with a high concentration of light to produce an affordable, nutritional, and multi-functional protein. By overcoming the challenges of traditional microalgae production methods, Brevel aims to provide a more efficient and sustainable source of protein compared to soy and pea. The funding will also allow Brevel to expand its product offerings and improve its food technology capabilities. The investors in the seed funding round include FoodHack, Good Startup VC, Tet Ventures, Nevateam Ventures, Israel’s Innovation Authority, and the EU’s Horizon2020 program.
Investment
Brevel Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 39 |
| Team members | 5 |
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Brevel Internal
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Admin Info
| Confidence | 98/100 |
| Missing | markets |
| BI Verification | Hilla Gorokhovsky |
| Registrar ID | 515504892 |
| Crunchbase | brevel |
| Last updater | Ortal Wein |
| Updater email | ortalw@sncentral.org |
| Last update | 2024-11-13T00:00:00.000Z |
| Created | 2018-03-06T00:00:00.000Z |
| Claimed | Yes |