Yofix Probiotics Overview
Yofix Probiotics develops and manufactures white-label vegan and soy-free fermented plant-based prebiotic and probiotic foods, based on a blend of cereals, nuts, and seeds. The first released products are plant-based yogurt alternatives and yogurt-alternative drinks, to be followed by desserts, frozen yogurts, and an ice cream base.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Millennium Food-Tech Partnership leads $3.5 Series A round in Yofix
Yofix Probiotics, an Israeli startup that develops and manufactures plant-based dairy alternatives, has secured a $3.5 million investment round. The Millennium Food-Tech Partnership is leading the round with a $2 million investment, along with other investors including Big Idea Ventures and The Kitchen FoodTech Hub. Yofix Probiotics produces clean label products such as plant-based spreads, yogurts, and cheese alternatives. The alternative plant-based dairy market is experiencing rapid growth, driven by consumer awareness of reducing animal protein consumption and calls for food sustainability. The investment will support Yofix Probiotics expansion in this growing market.
Investment
growth-positive
Israeli vegan yogurt co Yofix begins UK exports
Israeli vegan yogurt company Yofix has started exporting its products to the UK. The company plans to sell its products in convenience stores, health and natural food stores, and large retail supermarket chains in London. Yofixs non-dairy yogurt recipe is based on oats, lentils, and sesame. This is the first time the companys products will be sold abroad. The products will be priced at £1.70-£2.00 per 125 gram unit. Yofix has raised $4.5 million in its last two financing rounds to expand its operations in overseas markets. Among its investors is the German yogurt manufacturer Muller.
CustomersPartnersInvestment
growth-positive
Muller invests in Israeli vegan yogurt co Yofix
Israeli startup Yofix has raised an estimated $2.5 million in a financing round from dairy giants Muller, Bel Group, and LionTree Partners. The funds will be used to expand the companys global marketing for its range of plant-based yogurts. Yofix previously raised $2 million from Strauss and private investors. The investment by prominent multinational players in the dairy industry is seen as an endorsement of trust and confidence in Yofixs products and technology. Yofix plans to focus on expanding its line of dairy alternatives and developing more clean-label plant-based offerings.
InvestmentPartners
growth-positive
Beyond nut and coconut milk: Vegan yogurt ferments grains, seeds with zero waste
Israeli startup Yofix Probiotics Ltd. has launched a range of dairy-free, soy-free yogurt alternatives in Israel. The products, which are aimed at vegans and lactose-intolerant consumers, are based on the fermentation of oats, lentils, sesame seeds, sunflower seeds and coconut. The company claims the products have the same or better nutritional value as dairy yogurt. The products won first prize for Yofix at PepsiCo’s European Nutrition Greenhouse Programme 2018. The company plans to launch its products in Western Europe within a few months, with the US market targeted for 2020.
CustomersExpand
growth-positive
Israeli FoodTech Startup Yofix Nabs Top Prize At PepsiCo European Incubator
Israeli food tech startup Yofix won the top prize at PepsiCos European Nutrition Greenhouse Program. Yofix developed vegan and soy-free fermented plant-based prebiotic and probiotic dairy alternatives. The company plans to begin research for foreign markets and explore opportunities in other European markets. Yofix raised a $2 million Series A round in 2017 led by Strauss Health and individual investors. The company launched its plant-based yogurt line in Israel last month under the ONLY brand. Yofix is part of The Kitchen, the leading food-tech incubator and seed investor in Israel.
CustomersPartnersInvestment
| Sector | Agriculture & Food Technologies |
Funding
| Total funding | $8.13M |
| Last funding | $3.5M |
| Stage | A |
| Rounds | 5 |
| Investors | 8 |
Team Members
4
Employees: 1-10
Web & Social Links
| Website | yofix-plantbased.com/cgi-sys/suspendedpage.cgi |
Locations
HaBosem Street 3, Ashdod, Israel
Photos & Videos
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