Nir Padan
CEO
Claimed by owner Olive X-Press
Former names:
Countertop Olive Oil Press
Olive X-Press
About
Olive X-Press is the developer of a household countertop olive oil press. The user simply adds three kilograms of olives to the machine, which produces approximately 500 cubic centimeters of olive oil in about an hour. The company is also developing a larger oil press machine for supermarkets.
Olive X-Press offers a complementary technology designed to extend the shelf life of oil in treated olives, enabling home users to prepare fresh, pure, cold-pressed olive oil on demand year-round.
The company intends to sell small olive press machines to supermarkets, delis, and private homes, along with packages of treated olive capsules (similar to coffee capsules for coffee machines) to ensure an ongoing supply.
Olive X-Press offers a complementary technology designed to extend the shelf life of oil in treated olives, enabling home users to prepare fresh, pure, cold-pressed olive oil on demand year-round.
The company intends to sell small olive press machines to supermarkets, delis, and private homes, along with packages of treated olive capsules (similar to coffee capsules for coffee machines) to ensure an ongoing supply.
Primary Sector
AgriFood-tech & Water
Products
-
Geographic markets
Global
Funding
Total Funding
$2.46M
Last Funding
$528K
Funding Stage
Total Rounds
3
Investors
3
The Team
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Company Lifecycle
Private Equity Funding
Seed
$1.5M
Jan 2010
1 Investors
$1.5M
Crowdfunding
$430K
Jun 2018
1 Investors
$430K
Crowdfunding
$528K
Feb 2020
1 Investors
$528K
Media gallery
(1)
Locations
Israel
HaAliya St 2, Beit Yitzhak-Sha'ar Hefer, Israel
Locations
Israel
HaAliya St 2, Beit Yitzhak-Sha'ar Hefer, Israel
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