Qortein Overview
Qortein specializes in processing jellyfish biomass for use in the food, nutraceutical, and nutricosmetic industries. Qortein aims to promote consumer health by providing a sustainable and natural source for various functional applications.
Cumulative Funding Raised Over Time ($)
$500KOct 2023
Latest News
growth-positive
Qortein's Quest: Turning jellyfish into a global food solution | CTech
Israeli company Qortein has raised $400,000 to develop multiple functional applications based on jellyfish biomass. The company aims to tap into this untapped renewable resource to promote consumer health and reduce the load on the ecosystem. The technology is based on Prof. Shachar Richter’s technology for biomass extraction and processing from the University of Tel Aviv. The company plans to source the jellyfish from local jellyfish blooms and partner with coastal industries to utilize passive catch. The company is currently in the development stages and expects the product to hit the market in late 2026.
Investment
growth-positive
דווקא עכשיו: היזמים שהקימו סטארט-אפ בזמן המלחמה | כלכליסט
The article discusses the founding of PodTech by Gal Admati during the war in October. Despite the uncertainty and challenges of the time, Admati was able to establish the company and apply for a grant from the Innovation Authority for his agri-tech company, Harvester. The article also mentions the difficulties of recruiting people during a crisis and the decrease in the number of startups being established in Israel. However, it also highlights the resilience and determination of entrepreneurs who choose to start their businesses during such challenging times.
InvestmentCustomers
| Sector | Agriculture & Food Technologies |
Funding
| Total funding | $500K |
| Last funding | $500K |
| Stage | Pre-Seed |
| Rounds | 1 |
| Investors | 2 |
Team Members
1
Employees: 1-10
Web & Social Links
| Website | www.qortein.com |
Locations
Rahat, Israel
Photos & Videos
No files yet
Qortein Business
Business models
B2B
Product stage
R&D
Employees
1-10
Sector
Agriculture & Food TechnologiesFood TechNovel Food & IngredientsTarget Customer
Agriculture & FoodHealthcare & Life SciencesLife SciencesCosmeticsCore Technology
BiologicalsTags (3)
foodtechcosmeticsnovel-ingredientsQortein Financials
$500K
Total funding
Undisclosed
Capital raised
$500K
Last funding
Pre-Seed
Funding stage
1
Total rounds
2
Investors
Cumulative Funding Raised Over Time ($)
$500KOct 2023
Private Equity Funding
Pre-Seed
Oct 2023
$500K
InNegev,
Qortein Lifecycle
Cumulative Funding Raised Over Time
$500KOct 2023
All Events
Pre-Seed
Oct 2023
$500K
InNegev,
Qortein News
2 articles
growth-positive
Qortein's Quest: Turning jellyfish into a global food solution | CTech
Israeli company Qortein has raised $400,000 to develop multiple functional applications based on jellyfish biomass. The company aims to tap into this untapped renewable resource to promote consumer health and reduce the load on the ecosystem. The technology is based on Prof. Shachar Richter’s technology for biomass extraction and processing from the University of Tel Aviv. The company plans to source the jellyfish from local jellyfish blooms and partner with coastal industries to utilize passive catch. The company is currently in the development stages and expects the product to hit the market in late 2026.
Investment
growth-positive
דווקא עכשיו: היזמים שהקימו סטארט-אפ בזמן המלחמה | כלכליסט
The article discusses the founding of PodTech by Gal Admati during the war in October. Despite the uncertainty and challenges of the time, Admati was able to establish the company and apply for a grant from the Innovation Authority for his agri-tech company, Harvester. The article also mentions the difficulties of recruiting people during a crisis and the decrease in the number of startups being established in Israel. However, it also highlights the resilience and determination of entrepreneurs who choose to start their businesses during such challenging times.
InvestmentCustomers
Qortein Team
Employee Info
| Employees (range) | 1-10 |
| Exact count | 3 |
| Team members | 1 |
Similar Companies
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This entity has 8 classification IDs that could be used for matching.
Qortein Internal
Recent Updates
No update log entries.
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Admin Info
| Confidence | 72/100 |
| Missing | sector, description, video or image, markets, not claimed |
| BI Verification | Ortal Wein |
| Registrar ID | 516879764 |
| Creator | Ortal Wein |
| Creator email | ortalw@sncentral.org |
| Last updater | Ortal Wein |
| Updater email | ortalw@sncentral.org |
| Last update | 2024-03-13T00:00:00.000Z |
| Created | 2024-03-13T00:00:00.000Z |
| Claimed | Yes |