Company Overview
Snapshot
Founded in May 2024 by Ido Cohen, Maicelium Biomaterials operates with 1–10 employees. The company secured a grant in May 2024, with i4Valley and Israel Aerospace Industries participating, and has received funding across one disclosed round.
Business overview
Maicelium Biomaterials transforms industrial waste into high-value biopolymers by harnessing the properties of mycelium, the root structure of fungi. The company's technology accelerates mycelium's natural ability to synthesize biodegradable alternatives to petroleum-based plastics. By integrating mycelium's metabolic processes with advanced technology, Maicelium Biomaterials provides sustainable materials for industries such as cosmetics, food packaging, and personal care, offering customizable biopolymers that reduce reliance on traditional plastics and address environmental concerns. The company operates within the Industrial Technologies sector, focusing on Material Innovations & Applications, Climate Tech, Clean Industry Tech, and Sustainable Materials & Circularity.
Strategic signal
In April 2024, Maicelium Biomaterials won 1st place in a startup competition featuring 30 deep-tech startups, combining sustainable Industry 4.0 and AI. This recognition, sponsored by the Israel Innovation Authority and leading Israeli industrial companies, signals strong validation of the company's innovative approach to sustainable materials and its potential for significant impact in the industrial technologies sector.
Company Intelligence Q&A
- When was Maicelium Biomaterials founded?
- Maicelium Biomaterials was founded in May 2024.
- Who are the founders of Maicelium Biomaterials?
- Ido Cohen is a founder of Maicelium Biomaterials.
- What is Maicelium Biomaterials' primary focus?
- Maicelium Biomaterials focuses on transforming industrial waste into high-value biopolymers using mycelium, offering sustainable alternatives to petroleum-based plastics for industries like cosmetics, food packaging, and personal care.
- What significant recognition did Maicelium Biomaterials receive in April 2024?
- In April 2024, Maicelium Biomaterials won 1st place in a startup competition for deep-tech startups, sponsored by the Israel Innovation Authority and leading Israeli industrial companies.
- Which investors participated in Maicelium Biomaterials' grant funding in May 2024?
- In May 2024, Maicelium Biomaterials received grant funding with participation from i4Valley.