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 ($)
—Aug 2015
$3.5MAug 2021
$6.0MFeb 2020
$8.0MSep 2017
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
3 item(s)
Yofix Probiotics Business
Business models
B2B, B2C
Product stage
Released
Employees
1-10
Sector
Climate TechFood & Land UseSustainable ProteinsAgriculture & Food TechnologiesFood TechNovel Food & IngredientsTarget Customer
Food Retail & ConsumptionWholesaleHomeRestaurantsAgriculture & FoodProcessed FoodsSnacksPreserves & PreparedLivestockDairyCore Technology
Materials & SubstancesRaw MaterialsTags (8)
climate-techlactose-intolerantsnovel-ingredientsfood-industryfood-ingredientsfoodtechnatural-active-ingredientsvegansGeographic Markets
EuropeUnited KingdomGlobalSwitzerlandUnited StatesIsraelCanadaRussiaYofix Probiotics Financials
$8.13M
Total funding
Undisclosed
Capital raised
$3.5M
Last funding
A
Funding stage
5
Total rounds
8
Investors
Cumulative Funding Raised Over Time ($)
—Aug 2015
$3.5MAug 2021
$6.0MFeb 2020
$8.0MSep 2017
Private Equity Funding
A Round
Aug 2021
$3.5M
Millennium Food-Tech, The Kitchen FoodTech Hub, Muller, Big Idea Ventures
A Round
Feb 2020
$2.5M
Good Seed Ventures, LionTree Partners LLC, Muller, Bel Group
A Round
Sep 2017
$2M
Strauss Investments
Seed
Aug 2015
Undisclosed
The Kitchen FoodTech Hub
Non-Equity Funding
GrantEvent
Jan 2019
$132.8K
PepsiCo
Yofix Probiotics Lifecycle
Cumulative Funding Raised Over Time
—Aug 2015
$3.5MAug 2021
$6.0MFeb 2020
$8.0MSep 2017
All Events
A Round
Aug 2021
$3.5M
Millennium Food-Tech, The Kitchen FoodTech Hub, Muller, Big Idea Ventures
A Round
Feb 2020
$2.5M
Good Seed Ventures, LionTree Partners LLC, Muller, Bel Group
A Round
Sep 2017
$2M
Strauss Investments
Seed
Aug 2015
Undisclosed
The Kitchen FoodTech Hub
GrantEvent
Jan 2019
$132.8K
PepsiCo
Yofix Probiotics News
9 articles
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
Yofix emerges as winner of PepsiCo's second European incubator project - Just Food
growth-positive
PepsiCo start-up program: Israeli dairy alternative innovator secures top prize
Yofix, an Israel-based start-up, has been awarded a €100,000 grant from PepsiCos European Nutrition Greenhouse program. The company plans to use the funds for market research, marketing and sales, and expanding its line of plant-based fermented dairy alternatives. Yofix has experienced significant growth during the program, including the completion of a manufacturing facility and a new product line launch in Israel. The company is planning to expand outside of Israel and is considering several countries in Europe. Yofix offers a unique clean label formula based on a blend of five basic ingredients. The company is currently independent with investors, including Strauss Group, and is planning a Round B of investment in the near future.
Expand
growth-positive
Strauss markets startup Yofix's vegan yoghurt
Israeli startup Yofix Probiotics has received $2m in funding from Strauss Dairies and a group of private investors. The company, which operates from The Kitchen Food Tech Hub, has developed a dairy substitute product made from raw materials such as black lentils, oatmeal, walnuts and bacteria. The product, which is preservative-free, has been sold in a pilot to a few stores and the company is currently in negotiations with a distributor to the supermarket chains. The dairy substitute market is currently worth NIS 200m ($57m) a year, including NIS 20m in yoghurt substitutes, and is growing by 10% a year.
InvestmentCustomers
growth-positive
Israeli No-Waste Plant-based Yogurt Yofix Raises $2m Series A - AFN
Yofix, an Israeli plant-based yogurt maker, has raised $2 million in a Series A funding round led by Strauss Health. The company produces a seed and lentil-based yogurt using traditional fermenting techniques, making it the first grain, seed, and lentil-based yogurt on the market. Yofix claims to have achieved a dairy-like texture without the use of stabilizers and thickeners commonly found in non-dairy yogurts. The funding will be used to build a production facility in Israel and expand distribution within the country, with plans for international expansion in the future. Yofixs no-waste process has both ecological and nutritional benefits. The global market for probiotic products is predicted to reach $64.6 billion by 2023.
InvestmentExpand
Yofix Probiotics Team
Employee Info
| Employees (range) | 1-10 |
| Exact count | 4 |
| Team members | 4 |
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Yofix Probiotics Internal
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Admin Info
| Confidence | 99/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 515053064 |
| Crunchbase | yofix |
| Last updater | Ortal Wein |
| Updater email | ortalw@sncentral.org |
| Last update | 2022-08-18T00:00:00.000Z |
| Created | 2016-06-06T00:00:00.000Z |
| Claimed | Yes |