RumaFeed Overview
Rumafeed focuses on the biotechnology and genetics of Solanaceae plants, such as potato, tomato, capsicum, and eggplant, aiming to enhance farming productivity and reduce waste. They have eliminated toxic substances from potato plants using advanced bioscience and technology, allowing for haulm utilization. This breakthrough provides a new revenue stream, supports multiple UN SDGs, and plays a vital role in addressing the global food and feed crisis.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
RumaFeed Wins a Seat on Calalist's Dream Team to MindTheTech London
RumaFeed has been selected as one of the Top 10 Startups for the #DreamTeam IL delegation to the MindtheTech conference in London. This recognition highlights their sustainable solutions aimed at reducing world hunger. Additionally, RumaFeed has secured a strategic investment from the Jewish National Fund-USA to further advance their sustainable agriculture innovations. The company is leveraging partnerships with organizations like Calcalist, LeumiTech, and Showcase IL to enhance their growth and visibility in the agritech sector.
InvestmentPartners
growth-positive
RumaFeed Secures Strategic Investment from Jewish National Fund-USA to Advance Sustainable Agriculture Innovation
RumaFeed, an agtech startup based in Tel Aviv, has announced that Jewish National Fund - USA has joined its current investment round. This investment highlights the organizations commitment to fostering innovation in food security and environmental stewardship. RumaFeed uses CRISPR gene-editing technology to remove toxins from potato and tomato plants, enhancing their potential as sustainable food sources. The investment will accelerate RumaFeeds research, regulatory approvals, and commercialization efforts. The partnership with Jewish National Fund - USA provides RumaFeed with strategic support and access to valuable networks, aligning with the funds mission to develop sustainable solutions for Israels land and water resources.
Investment
Kibbutz ravaged on Oct. 7 looks to renewal through gene-edited potatoes and tomatoes
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Feeding The World's Livestock, One Potato At A Time
Israeli startup Rumafeed has developed a way to genetically modify discarded potato foliage and turn it into suitable animal feed, potentially boosting the amount of animal feed produced worldwide. The foliage, which contains toxic glycoalkaloids, is currently wasted during potato harvests. By removing this compound, Rumafeeds process transforms the foliage into a viable food source for livestock. The company plans to approach large potato producers with their genetically edited tubers. Rumafeed has investors, including Yissum, the Hebrew Universitys tech transfer company, a major Israeli plant nursery, and three investing groups. The funding is sufficient for the current small-scale operation, but the company will need more to scale up production.
Customers
| Sector | Agriculture & Food Technologies |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Seed |
| Rounds | 2 |
| Investors | 7 |
Team Members
10
Employees: 1-10
Web & Social Links
| Website | rumafeed.com/ |
Locations
Eliyahu Shamir St 8, Mishmar HaShiv'a, Israel
Photos & Videos
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