Company Overview
Snapshot
Founded in September 2015 by Avi Tzur, Oded Shoseyov, and Dana Yarden, Biobetter operates with 11–50 employees. The company has raised a total of $16.63M across 4 funding rounds from 7 investors.
Business overview
Biobetter is an AgriFood-tech company specializing in the development of a cost-effective, plant-based protein expression platform. The company's core technology utilizes tobacco plants as self-sustained bioreactors to produce complex growth factors for cellular agriculture, aiming to significantly reduce the cost of growth factor production to under $1 per gram. Biobetter serves the biotechnology and biopharmaceutical industries, operating within the Agriculture & Food Technologies sector, with a focus on Novel Food & Ingredients and Sustainable Proteins.
Strategic signal
This grant signals continued institutional validation for Biobetter's innovative approach to sustainable protein production and its potential to impact the cultivated meat industry by addressing critical cost bottlenecks.
Company Intelligence Q&A
- What is Biobetter's primary technological innovation?
- Biobetter has developed a plant-based protein expression platform that uses tobacco plants as bioreactors to produce complex growth factors for cellular agriculture, aiming to reduce production costs significantly.
- When was Biobetter founded and by whom?
- Biobetter was founded in September 2015 by Avi Tzur, Oded Shoseyov, and Dana Yarden.
- What is the strategic importance of Biobetter's technology for the cultivated meat industry?
- Biobetter's technology is designed to overcome the limitations of traditional methods for growth factor production, placing the cost at under $1 per gram, which is crucial for scaling up cultivated meat production.