Synergio

Company Overview

Snapshot

Founded in February 2007 by Kobi Melamed, Barak Tzadok, and Shlomo Magdassi, Synergio operates with 11–50 employees. The company has raised $25.5 million across 4 funding rounds from 6 investors. In February 2023, Symrise acquired a minority stake in Synergio, signaling a strategic partnership to develop natural antimicrobial solutions.

Business overview

Synergio is dedicated to transforming the consumer goods industry by developing smart, plant-based ingredients for healthy and sustainable products. The company utilizes a patented micro-targeting technology and a data-driven computational platform to create all-natural ingredients that deliver desired effects without side effects. Synergio's solutions, including products like EcoDato and BiomEco, are 100% natural, chemically unmodified, and designed to be biodegradable and environmentally benign. The company serves various markets, including food, personal care, and pharmaceuticals, focusing on health and sustainability worldwide.

Strategic signal

In February 2023, Symrise, a major cosmetic ingredients manufacturer, invested in Synergio by acquiring a minority stake, with an option for a future majority acquisition. This strategic investment highlights Symrise's commitment to natural antimicrobial solutions and validates Synergio's innovative biotech approach. The partnership is poised to accelerate the development and market penetration of Synergio's plant-based bioactive technologies, signaling strong growth potential and market relevance in the health and sustainability sectors.

Company Intelligence Q&A

What was a significant recent investment in Synergio?

In February 2023, Symrise acquired a minority ownership stake in Synergio, with the potential to acquire a majority stake in the future. This investment is part of a partnership to develop innovative antimicrobial solutions.

What was the total capital raised by Synergio?

Synergio has raised a total of $25.5 million across four funding rounds.

Which investors participated in Synergio's June 2020 funding round?

In June 2020, Synergio raised funding from investors including Connecticut Innovations.

What is Synergio's core technology?

Synergio utilizes patented micro-targeting technology and a data-driven computational platform to develop all-natural, plant-based bioactive ingredients that achieve desired effects without side effects.

What was a key leadership change for Synergio in 2020?

In June 2020, Synergio announced the appointment of Itamar Levi as its new CEO, coinciding with a $10 million funding round.