Imagindairy

Company Overview

Snapshot

Founded in April 2020 by Eyal Afergan and Tamir Tuller, Imagindairy operates with 11–50 employees. The company has raised $33.46M across 5 funding rounds from 13 investors. In July 2024, Imagindairy was selected by the World Economic Forum as one of the 100 Technology Pioneers for 2024.

Business overview

Imagindairy is a food technology company focused on producing sustainable, animal-free dairy proteins through precision fermentation. Its core technology leverages advanced computational and molecular biology to enhance protein expression and develop cost-effective production processes. The company's proteins are designed to replicate the flavor, mouthfeel, functionality, and nutritional properties of traditional dairy, while being cholesterol-free, lactose-free, and hormone-free. Imagindairy serves the food industry, enabling the creation of a wide array of dairy products without animal involvement, operating within the Agriculture & Food Technologies sector, specifically in Food Tech and Novel Food & Ingredients.

Strategic signal

In January 2024, Imagindairy acquired industrial-scale precision fermentation lines, a strategic move that signals the company's readiness to scale production and support mass market adoption of its animal-free whey proteins. This development is crucial for the alternative protein industry, indicating a significant step towards making sustainable dairy alternatives more accessible and cost-effective, thereby accelerating their integration into mainstream food systems.

Company Intelligence Q&A

What is Imagindairy's core technology?

Imagindairy utilizes advanced computational and molecular biology to amplify protein expression, developing cost-effective precision fermentation processes for producing animal-free dairy proteins.

When did Imagindairy receive US regulatory approval for its animal-free milk proteins?

In January 2024, Imagindairy received FDA approval for its animal-free milk proteins, marking a significant regulatory milestone for market entry in the United States.

Which investors participated in Imagindairy's Seed funding round in November 2021?

In November 2021, Imagindairy closed a Seed funding round with participation from MoreVC and Entrée Capital.

What significant recognition did Imagindairy receive in July 2024?

In July 2024, Imagindairy was selected by the World Economic Forum as one of the 100 Technology Pioneers for 2024, recognizing its innovative contributions to the food technology sector.

Did Imagindairy receive any grants in 2024?

Yes, in January 2024, Imagindairy received a grant from the BIRD Foundation.