Phytolon

growth-positive

Colorcon Ventures, the corporate venture fund of Colorcon, has invested in Phytolon, an Israeli startup specializing in natural food colorants. This investment is part of a bridge round that includes support from existing investors such as Arkin Capital, EIT Food, and others. Phytolon uses precision fermentation methods on modified baker’s yeast to produce natural colorants. The investment will aid Phytolon as it moves towards commercialisation, with plans to expand beyond the food sector into nutraceuticals and pharmaceuticals. Colorcons expertise in formulation and regulatory processes will be instrumental in this expansion.

growth-positive

Phytolon, an Israeli biotech startup specializing in natural food colors through precision fermentation, has secured an investment from Rich Products Ventures, the venture capital arm of Rich Products. This strategic investment aims to drive the commercialization of Phytolons sustainable and clean-label food color solutions. Rich Products will explore the application of Phytolons natural colors in its products, such as icings and baked goods. The investment is supported by existing shareholders, including EIT-Food, Arkin Holdings, and Yossi Ackerman. Phytolons technology offers a cost-efficient and sustainable alternative to synthetic dyes, providing a reliable supply chain and a wide range of color shades. This partnership is expected to enhance Phytolons presence in the food industry, particularly in bakery and dessert segments.

growth-positive

Israeli precision fermentation startup Phytolon plans to launch a range of natural colors produced by genetically engineered baker’s yeast in the US this year, pending regulatory approvals. The company has made technical breakthroughs with partner Ginkgo Bioworks, optimizing its strains to make it cost competitive with natural colors extracted from plants. Phytolons platform, based on licensed technology from the Weizmann Institute of Science, can produce a wide range of colors. The company has raised around $21m from backers including DSM Venturing, EIT Food, and Nextgen Nutrition Investment Partners and has a partnership with DSM Firmenich.

growth-positive

Phytolon, an Israeli fermentation-based natural food colors developer, has completed a $14.5 million Series A financing round. The funding was led by DSM Venturing and included participation from Cibus Fund, Ginkgo Bioworks, and The Trendlines Agrifood Fund, as well as existing shareholders. Phytolons proprietary technology offers sustainable natural food-coloring alternatives to synthetic dyes used in food and beverages. The companys technology, based on licensed technology from the Weizmann Institute of Science, produces betalain pigments through fermentation of bakers yeast. The funding will be used to further progress the technology towards commercialization. Phytolon has already reached a semi-industrial production scale and is preparing for regulatory clearances in the USA and Europe.

growth-positive

Israeli startup Phytolon has partnered with Ginkgo Bioworks to produce vibrant cultured food colours through the fermentation of yeast. Phytolon specializes in natural food colourants and has developed a proprietary process for producing betalain pigments. The partnership with Ginkgo Bioworks, a leading platform for cell programming, aims to maximize the production efficiency of betalain-producing strains and create sustainable, nature-derived food colouring. Phytolon has raised $6.3 million to date from investors and partners including Millennium Food-Tech, the Trendlines Group, EIT-Food, Consensus Business Group, and Arkin Holdings. The collaboration between Phytolon and Ginkgo Bioworks will enable the development of natural food colours that can potentially outperform conventional artificial dyes in cost and performance.

growth-positive

Phytolon, a company that develops technology for producing natural food colors, has announced a new investment round. The company raised $4.1 million in funding, with Millennium Food-Tech being one of the investors. Phytolon uses fermentation processes to produce its natural food colors, which are in high demand due to consumer preferences for additive-free and healthier food options. The company aims to meet the market demand for natural food colors that are cost-effective, have a wide range of colors, long shelf life, and high-quality production. Phytolon initially focuses on producing food colors for the dairy industry, but plans to expand into other relevant markets in the future. The global food color market is valued at $2.85 billion annually, with 69% being natural food colors.

growth-positive

Israeli startup Phytolon has developed natural food coloring using a fermentation process with yeast. The technology allows yeast to produce colors from plants without the need for agriculture. This makes the process more sustainable and cost-effective. The company has raised $4.1 million in funding and is conducting proof of concept experiments with leading players in the food industry. Phytolon aims to bring its product to market in 2022 and become a global company in the natural food coloring industry.

growth-positive

Phytolon, a portfolio company of The Trendlines Group, has secured $4.1 million in funding for its fermentation-based technology for the production of plant-based food colors. The funding round included investors such as Millennium Food-Tech, EIT Food, Consensus Business Group, The Trendlines Group, Yossi Ackerman, and the Israel Innovation Authority. Phytolon aims to bring biotechnology-based, natural, high-quality food colors to the market in a cost-effective manner. The companys technology has garnered interest in the food industry, and they are conducting proof of concept experiments with leading players in the industry. The funding will enable Phytolon to reach the market and promote collaborations with potential clients. The need for natural food colors is increasing due to growing consumer awareness and demands for healthier alternatives.

growth-positive

Phytolon, a start-up using technology developed at the Weizmann Institute of Science, is developing a natural food dye made from plant pigments called betalains. The company aims to compete with artificial dyes in terms of price, stability, and range of hues. They have scaled up production using genetically engineered yeast that secretes betalains. Yeda Research and Development, the technology transfer arm of the Weizmann Institute, has signed a licensing agreement with the Trendlines group, which has invested in Phytolon through an Israeli incubator. The yeast-grown betalains are purer and more reliable compared to other sources. Trendlines is a publicly traded company on the Singapore stock market and supports agricultural and medical-based technologies.

growth-positive

Phytolon, a company focused on developing natural food colorants, aims to provide high-quality substitutes for synthetic food colorants. The companys CEO, Halim Jubran, stated that there is a need for natural colorants that are cost-effective, functional, stable, and offer a wide range of colors. Phytolon offers betalains, pigments found in plants, which have the potential to be a leader in natural food colorants. The company uses an exclusively licensed technology to produce pure betalains via fermentation from plant genes. While Phytolon is still in the process of optimizing its production system, it aims to scale up procedures in 2019 and begin marketing its colorants in 2020. By 2021, the company plans to have strategic partnerships to sell and market its colorants.