Equinom Overview
Equinom is focused on creating the source ingredients for nutritious food, beginning with each individual seed variety. The company partners with the food and ingredient industries to custom-design ingredients and enable local sourcing through its innovative business model and cutting-edge seed-to-plate food-application technology. By applying AI and computational breeding to its proprietary seed bank, Equinom harnesses the natural diversity in crops to breed a portfolio of non-GMO varieties to meet the needs of the ever-expanding plant-based food industry. These seeds feature premium and value-added characteristics such as superior protein, organoleptic qualities, and nutrition, along with traits designed to minimize processing.
Cumulative Funding Raised Over Time ($)
$35.0MDec 2022
$45.0MFeb 2020
$49.3MJan 2014
$69.3MJun 2021
$75.3MOct 2018
Latest News
Equinom’s AI-Driven Manna Technology Now Commercially Available for High-Protein Pea Production
growth-positive
Israeli plant protein co Equinom raises $35m
Equinom, an Israeli plant-based nutrition company, has raised $35 million in a financing round led by Synthesis Capital. The funds will be used to bring more of the companys optimized plant protein ingredients to market. Equinom breeds new non-GMO varieties of primary source crops for the plant-based food industry, such as pea and soy, to improve taste, nutrition, and reduce cost and complexity. The companys proprietary Manna technology platform uses advanced algorithms to characterize the biochemical and genomic traits in seed varieties, enabling the development of new ingredients for food production. The investors in this financing round include Synthesis Capital, Praesidium, Bunge Ventures, BayWa, CPT Capital, Fortissimo, and Phoenix.
Investment
אקווינום תדאג שתפסיקו לאכול מזון לפרות
growth-positive
Israeli plant-based nutrition company Equinom raises $20m
Israeli plant-based nutrition company Equinom has raised $20 million in a Series C financing round, bringing its total funding to $36 million since its inception in 2012. The round was led by Phoenix and included participation from Fortissimo, BASF Venture Capital, Trendlines, and Maverick. The company will use the new funds to expand its sales, marketing, and R&D worldwide. Equinom uses AI technology to improve seeds and deliver high-quality source ingredients. The company has grown into a major source of plant protein and has secured millions of dollars in contracts with leading food brands.
InvestmentExpand
growth-positive
Equinom Builds New R&D Center
Seed-breeding company Equinom has opened a new research and development (R&D) center at Kibbutz Givat Brenner in Israel. The facility will house all vital departments together, including biochemistry, applications, sensory, and breeding, to enable more efficient and accurate seed breeding and development. The center will also allow Equinom to generate source ingredients for the food industry starting at the seed level. The company also opened a new facility in Indianapolis, Indiana for offices and storage.
Expand
| Sector | Agriculture & Food Technologies |
Funding
| Total funding | $75.25M |
| Last funding | $35M |
| Stage | D |
| Rounds | 5 |
| Investors | 13 |
Team Members
6
Employees: 11-50
Web & Social Links
| Website | www.equi-nom.com |
| Careers | Careers page |
Locations
Giv'at Brenner, Israel
Indianapolis, IN, USA
Photos & Videos
1 item(s)
Equinom Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Climate TechFood & Land UseSustainable FarmingSustainable ProteinsAgriculture & Food TechnologiesAg TechGenetics & InputFood TechNovel Food & IngredientsTarget Customer
Agriculture & FoodCropsProcessed FoodsIngredientsCore Technology
Artificial IntelligenceMaterials & SubstancesRaw MaterialsBiologicalsGenesTags (17)
breedingbiotechnologynon-gmoseedsclimate-techplant-proteinfoodtechprecision-agriculturebioinformaticsfood-securitygeneticsagriculturenutritioncropsartificial-intelligencealternative-proteinagtechGeographic Markets
AustraliaEastern EuropeIsraelNorthern EuropeNorth AmericaEuropeSouthern EuropeWestern EuropeUnited StatesAsiaEquinom Financials
$75.25M
Total funding
Undisclosed
Capital raised
$35M
Last funding
D
Funding stage
5
Total rounds
13
Investors
Cumulative Funding Raised Over Time ($)
$35.0MDec 2022
$45.0MFeb 2020
$49.3MJan 2014
$69.3MJun 2021
$75.3MOct 2018
Private Equity Funding
D Round
Dec 2022
$35M
Synthesis Capital (Lead)
,
Bunge Ventures, Fortissimo Capital, Phoenix Insurance, Praesidium, CPT Capital, BayWa r.e. Energy Ventures
C Round
Jun 2021
$20M
Phoenix Insurance (Lead)
,
Fortissimo Capital, Maverick Ventures IsraeI, BASF Venture Capital, The Trendlines Group
B Round
Feb 2020
$10M
BASF Venture Capital (Lead)
,
The Trendlines Group, Fortissimo Capital, Roquette
A Round
Oct 2018
$6M
Fortissimo Capital, Roquette
Seed
Jan 2014
$4.25M
Danziger Dan Flower Farm, Fortissimo Capital, Hazera
Equinom Lifecycle
Cumulative Funding Raised Over Time
$35.0MDec 2022
$45.0MFeb 2020
$49.3MJan 2014
$69.3MJun 2021
$75.3MOct 2018
All Events
D Round
Dec 2022
$35M
Synthesis Capital (Lead)
,
Bunge Ventures, Fortissimo Capital, Phoenix Insurance, Praesidium, CPT Capital, BayWa r.e. Energy Ventures
C Round
Jun 2021
$20M
Phoenix Insurance (Lead)
,
Fortissimo Capital, Maverick Ventures IsraeI, BASF Venture Capital, The Trendlines Group
B Round
Feb 2020
$10M
BASF Venture Capital (Lead)
,
The Trendlines Group, Fortissimo Capital, Roquette
A Round
Oct 2018
$6M
Fortissimo Capital, Roquette
Seed
Jan 2014
$4.25M
Danziger Dan Flower Farm, Fortissimo Capital, Hazera
Equinom News
22 articlesEquinom’s AI-Driven Manna Technology Now Commercially Available for High-Protein Pea Production
growth-positive
Israeli plant protein co Equinom raises $35m
Equinom, an Israeli plant-based nutrition company, has raised $35 million in a financing round led by Synthesis Capital. The funds will be used to bring more of the companys optimized plant protein ingredients to market. Equinom breeds new non-GMO varieties of primary source crops for the plant-based food industry, such as pea and soy, to improve taste, nutrition, and reduce cost and complexity. The companys proprietary Manna technology platform uses advanced algorithms to characterize the biochemical and genomic traits in seed varieties, enabling the development of new ingredients for food production. The investors in this financing round include Synthesis Capital, Praesidium, Bunge Ventures, BayWa, CPT Capital, Fortissimo, and Phoenix.
Investment
אקווינום תדאג שתפסיקו לאכול מזון לפרות
growth-positive
Israeli plant-based nutrition company Equinom raises $20m
Israeli plant-based nutrition company Equinom has raised $20 million in a Series C financing round, bringing its total funding to $36 million since its inception in 2012. The round was led by Phoenix and included participation from Fortissimo, BASF Venture Capital, Trendlines, and Maverick. The company will use the new funds to expand its sales, marketing, and R&D worldwide. Equinom uses AI technology to improve seeds and deliver high-quality source ingredients. The company has grown into a major source of plant protein and has secured millions of dollars in contracts with leading food brands.
InvestmentExpand
growth-positive
Equinom Builds New R&D Center
Seed-breeding company Equinom has opened a new research and development (R&D) center at Kibbutz Givat Brenner in Israel. The facility will house all vital departments together, including biochemistry, applications, sensory, and breeding, to enable more efficient and accurate seed breeding and development. The center will also allow Equinom to generate source ingredients for the food industry starting at the seed level. The company also opened a new facility in Indianapolis, Indiana for offices and storage.
Expand
growth-positive
Equinom Brings Back Genomic Diversity to Legumes
Equinom Ltd. is using advanced breeding techniques to promote agricultural biodiversity and ensure a continuous supply of nutritious food. The company aims to bring back genomic diversity to legumes and improve crop performance in the face of climate change and pests. Equinom targets multi-trait properties by combining traditional germplasm with exotic varieties to build the perfect seed without gene editing. The company emphasizes the importance of diversifying the seed gene pool to prevent genetic uniformity and reduce the risk of crop failures. Equinom is focusing on less-established protein sources with superior nutritional values, such as fava beans, mung beans, and cowpeas. The company is also working to expand its global presence and support farmers during the COVID-19 epidemic by bringing seeds closer to home and shortening supply chains.
CustomersPartners
growth-positive
Sabra's new sesame seed variety will be grown in the US
Sabra has partnered with Equinom to develop a new breed of sesame seed optimized for tahini flavor and texture. The sesame seeds will be grown in the U.S., allowing Sabra to source its ingredients locally and increase supply chain transparency. The new breed of seed will be introduced into Sabras products in 2021, potentially altering the taste of its hummus. While this change may impact customer preferences, it is expected to benefit Sabra in the long run. The sesame seeds grow well in Texas and Oklahoma, improving the seeds price point and potentially enhancing the nutritional profile of Sabras hummus. The partnership with Equinom may lead to further initiatives to control more aspects of the ingredient supply chain.
PartnersCustomers
Equinom's Novel Cultivation Methods Transform Global Sesame Space, Boosting Security and Profitability
growth-positive
Equinom enters US market with non-GMO seed breeding technology
Equinom, a company specializing in breeding non-GMO seeds with higher nutritional profiles, has closed a $10 million Series B funding round led by BASF Venture Capital. The funding will be used to expand the business and introduce a high-protein pea variety in 2021. Equinom has also hired Rick Mignella as EVP and managing director to lead the US team and focus on scaling up the business in the plant protein market. Mignellas experience includes strategic development positions at Ingredion and Cargill. Equinom aims to contribute to the plant-based revolution by changing the way food systems operate and connecting the farming industry with food companies.
InvestmentManagement ChangesExpand
growth-positive
Big data seed breeding co Equinom raises $10m
Equinom, an Israeli seed breeding company, has raised $10 million in a financing round led by BASF Venture Capital. The companys non-GMO technology optimizes seed functionality to increase plant yield, higher nutritional value, disease resistance, and more. The financing round also saw participation from existing investors Fortissimo Capital and Roquette, as well as Trendlines Agrifood Fund Pte. Ltd., which invested $1.6 million. Equinoms technology and products have the potential to make a real difference in yields, nutritional value, and sustainability of crops.
Investment
growth-positive
BASF invests in pioneering Israeli AgTech startup Equinom
Equinom, an Israeli AgTech startup, has received funding from BASF Venture Capital and other investors. Equinom uses computerized breeding technology to develop optimized seeds for the food industry, particularly for plant-based products. The companys proprietary algorithm and big data analysis enable efficient seed breeding, resulting in crops with desirable traits. Equinoms technology focuses on protein, oil, nutrient content, functionality, yield, and disease resistance. The startup also offers high-oil-content sesame and high-protein legumes for meat alternatives. BASF Venture Capitals investment aligns with BASFs strategy of applying innovative solutions in agriculture. Equinoms technology is seen as groundbreaking in the plant protein value chain and supports the trend towards meat alternatives. The investment aims to promote sustainability and healthy food.
Investment
growth-positive
Equinom Beefs up Plant-based Meat Products
Equinom Ltd., a seed-breeding specialist start-up, is helping food manufacturers meet the growing demand for plant-based meat products. Equinoms non-GMO seeds enable food companies to create cleaner and more affordable meat alternatives. The companys seeds deliver on taste and nutritional goals, simplifying ingredient lists and eliminating the need for additives. Equinoms strategic ingredient design also helps reduce manufacturing costs, making plant-based meat products more financially viable. The article highlights the increasing demand for plant-based foods driven by health and environmental concerns. Equinom is disrupting the plant-based meat industry by providing high-quality seeds that meet the functional, financial, and eco-friendly standards of the market.
CustomersPartners
growth-positive
Equinom Cultivation Upscales Non-GMO Soy
Equinom Ltd. is revolutionizing the soy industry by breeding soy with higher nutritional profiles and tastier flavors. Their agroscience expertise and business model are transforming soy cultivation and commercialization. The companys bred soybean lines contain nearly 58% protein, which is 50% higher than the industry standard. Equinoms computerized breeding technology allows for precise genomic crop characteristics to be rendered into highly desirable attributes. They work closely with food and ingredient companies to meet their specific requirements and ensure transparency throughout the soy supply chain. The company is driving market momentum with high-protein, tasty, plant-based products.
CustomersPartners
growth-positive
Equinom Says 'Open Sesame' to Local Markets
Equinom Ltd., a seed technology company, has launched a patented sesame variety that is suitable for mechanized harvesting. The high-yield, high-profile sesame seeds have advanced organoleptic characteristics and a shatter-resistance trait. The companys technology provides local farmers with a platform for growing higher nutritional profile sesame and promotes a more responsible supply chain, greater price stability, and cost-effective growth. The technology is also beneficial for farmers in desert regions where extreme weather conditions threaten crop performance. Equinoms innovation could transform the dynamics of the stagnant $9 billion global sesame grain market.
CustomersExpand
growth-positive
Equinom Raises $4m to Improve Plant Proteins Using Computational Breeding, No Gene Editing - AFN
Equinom, an Israeli startup using computational biology to breed crops with improved characteristics, has raised $4 million in a bridge funding round. The funding will be used to build Equinoms database of legume crop seeds and to prepare for a $15 million Series B round. Equinom aims to commercialize crops with higher protein content by 2021. The company uses proprietary software and algorithms to identify genes responsible for desired traits in crops. Equinoms non-GMO approach allows for a clean label on its products. New investor Roquette will also invest in breeding programs.
Investment
growth-positive
High-protein peas to be developed by France's Roquette and Israel's Equinom
Roquette, a French company, has signed a partnership agreement with Equinom to develop new pea varieties with high protein content. Roquette will also co-invest $4 million with Fortissimo Capital in Equinom. The partnership marks Roquettes activities and investments in Israel. Equinom is an Israeli-based technology seed breeding company that combines breeding with genomics and bio-informatics. The investment will be used to develop products essential to new food applications. Roquette aims to position itself as a pioneer in the plant-based protein value chain. The partnership enables Roquette to provide high-quality plant-based ingredients to its customers globally.
PartnersInvestment
growth-positive
Equinom develops non-GMO pulses with 50% more protein
Equinom, an Israeli firm, has received a $4 million investment from private equity company Fortissimo Capital. The company is using non-GMO techniques to breed improved seeds, including a sesame seed variety that can be mechanically harvested. Equinom is now focusing on developing plant proteins, aiming to increase the protein content of peas from 20% to at least 28%. The firm estimates that its high protein variety could be worth $250 million in the global market. Equinoms breeding program also includes mungbean, fava, and lentils. The company plans to launch its commercial varieties in 2020.
InvestmentExpand
growth-positive
Seed breeding co Equinom raises $4m from Fortissimo
Israeli seed-breeding startup Equinom has raised $4 million from Israeli-based private equity fund Fortissimo Capital. Equinoms advanced breeding technology focuses on the development of specialized crops for the food industry, including high-protein legumes. The investment from Fortissimo will allow Equinom to accelerate the development and commercialization of its seeds in the USA and Australia.
Investment
growth-positive
14 disruptive food-tech startups that will change how we eat
The article discusses the growth and innovation in the Israeli food-tech industry. It highlights the construction of a food innovation hub and the establishment of food-tech investment firms in Israel. The article also mentions two international food-tech events in which Israeli startups are participating. It provides an overview of 14 disruptive Israeli food-tech startups, including Hargol FoodTech, Hinoman, Flying Spark, Amai Proteins, DouxMatok, SuperMeat, Meat the Future, INDI, BactuSense, Yarok Technology Transfer, Inspecto, NutraT, CHiCK.P, and Equinom. The startups are involved in various areas of food-tech innovation, such as alternative protein sources, taste enhancement, food safety, and breeding technology. Some of the startups have received investments and partnerships from major companies.
InvestmentPartners
growth-positive
Sowing the seeds of plant protein for a hungry world
Israeli startup Equinom has developed an algorithm that uses DNA sequencing to breed seeds that are superior in yield, nutritional value, and appearance. The company has already developed high-yield sesame and high-protein legume and quinoa seeds, and plans to market them within two years. Equinom recently raised $1.25 million in a financing round led by Israeli seed and field crop specialist Hazera 1939. The companys technology increases the probability of success in seed breeding while reducing development costs. Equinom has also signed an agreement with Obela, a joint venture of PepsiCo and the Strauss Group, to develop various field crops. The company is currently looking to hire more experts in plant breeding and genomics.
InvestmentExpand
growth-positive
Israeli startup EQUInom raises $1.25 million and collaborates with PepsiCo
Israeli startup EQUInom has closed a $1.25 million financing round led by Hazera (1939) Ltd. The company has also signed a partnership agreement with Obela, a joint venture of PepsiCo Inc. and Strauss Group Ltd., to collaborate on a breeding program using EQUInoms proprietary technology. The funding will be used to accelerate EQUInoms plant-protein seed breeding program. EQUInom has developed a unique breeding process that combines DNA sequencing data with phenotype data to breed non-GMO varieties with precision and speed. The company aims to create healthier and cheaper plant-protein-based products as alternatives to soy-based products. The plant protein market is projected to grow from $7.7 billion in 2015 to over $10 billion in 2020.
InvestmentPartners
growth-positive
Israeli seed breeding startup EQUInom raises $1.25m
Israeli seed breeding startup EQUInom has closed a $1.25 million financing round led by Hazera (1939) Ltd. The funding will be used to accelerate the companys plant-protein seed breeding program. EQUInom has also signed an agreement with Obela, a joint venture of PepsiCo Inc. and Strauss Group Ltd., to cooperate in a breeding program. The company has developed a unique breeding process that integrates DNA sequencing data with phenotype data to achieve precision and speed in developing non-GMO varieties. EQUInom aims to create healthier and cheaper plant-protein-based products as alternatives to soybean-based products. The plant protein market is projected to grow to over $10 billion by 2020. EQUInom was founded in 2012 and has developed sesame and quinoa varieties.
InvestmentPartners
Equinom Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 23 |
| Team members | 6 |
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Equinom Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 514710672 |
| Crunchbase | equinom |
| Phone | +97286580585 |
| Creator | Sharon Blatt |
| Creator email | dodasher1436@gmail.com |
| Last updater | Ortal Wein |
| Updater email | ortalw@sncentral.org |
| Last update | 2023-06-05T00:00:00.000Z |
| Created | 2015-04-19T00:00:00.000Z |
| Claimed | Yes |