DryCan
Safe Strainer for Canned Foods
Company Overview
Snapshot
Founded in January 2011 by Gal Argaman and Matan Koch, DryCan operated with 1–10 employees. The company secured $500,000 across one funding round. In April 2016, DryCan established a long-term strategic partnership with Caniel, a global manufacturer of canning cans, to integrate its product as a standard in the food can industry.
Business overview
DryCan developed a sterilization-resistant strainer made from food-grade polypropylene, designed to safely and cleanly drain liquid from canned foods without direct contact with jagged edges. The company's technology is approved by the FDA and European directives, with patents registered globally. DryCan serves the food processing and consumer goods markets, operating within the Agriculture & Food Technologies sector, specifically focusing on Food Tech and Food Trade & Services.
Strategic signal
DryCan ceased operations in March 2021, indicating a significant operational shift and the conclusion of its business activities. This event signals to investors and innovation teams that the company is no longer active in the market, despite its earlier strategic partnership with Caniel for product distribution and standardization.
Log in to access full profile ›Company Intelligence Q&A
- What is DryCan's core product?
- DryCan developed a strainer made of food-grade polypropylene that allows for clean and safe draining of liquids from food cans, avoiding contact with sharp edges. The materials are FDA and European directive approved, and the company holds worldwide patents for its product.
- When was DryCan founded and by whom?
- DryCan was founded in January 2011 by co-founders Gal Argaman and Matan Koch.
- What was a key strategic partnership for DryCan?
- In April 2016, DryCan signed a long-term strategic partnership with Caniel, a global manufacturer of canning cans. This partnership aimed to distribute DryCan's product and implement it as a standard in the food can industry.
- What is the current operational status of DryCan?
- DryCan ceased to operate in March 2021, and its status is currently non-active.
- What was the total capital raised by DryCan?
- DryCan raised a total of $500,000 across one funding round.