Company Overview
Snapshot
Founded in December 2020 by Aviad Maizels, Daphna Miller, Dr. Yulia, Hod Yanover, and Julie Fridman, NewMoo operates with 11–50 employees. The company has raised $7 million across one funding round from two investors. In May 2024, NewMoo announced a new method for producing casein proteins using plant molecular farming.
Business overview
NewMoo is a food technology company developing a patent-protected platform for producing high-functional protein complexes for the sustainable animal-free food industry. The company utilizes advanced genetically modified plants to create a scalable and cost-effective method for producing real sustainable food without relying on farm animals. NewMoo's core technology focuses on gene editing and biologicals, serving the processed foods market within the broader agriculture and food technologies sector.
Strategic signal
In May 2024, NewMoo unveiled a novel method for producing casein proteins from plants, enabling the creation of animal-free cheese. This development is significant for the food-tech industry as it offers a cost-effective and sustainable alternative to traditional dairy, potentially disrupting the dairy cheese market by allowing existing manufacturing facilities to produce plant-based cheese without specialized equipment. This signals strong progress in NewMoo's R&D and its potential to scale its technology for broader market adoption.
Log in to access full profile ›Company Intelligence Q&A
- What is NewMoo's primary focus?
- NewMoo focuses on developing a novel, patent-protected approach for the cost-effective production of high-functional protein complexes using plant molecular farming, primarily for the sustainable animal-free food industry.
- Who are the founders of NewMoo?
- NewMoo was founded by Aviad Maizels, Daphna Miller, Dr. Yulia, Hod Yanover, and Julie Fridman.
- When was NewMoo founded?
- NewMoo was founded in December 2020.
- What significant technological advancement did NewMoo announce in May 2024?
- In May 2024, NewMoo announced a new method for producing casein proteins in plants, which can be used to craft moo-free cheese. This technology allows for the expression of multiple caseins within a single plant, which can then be processed into a liquid casein base.
- Which investors participated in NewMoo's funding round?
- NewMoo secured $7 million in seed funding in November 2021. The round was led by Lool Ventures and Zora Ventures.