Yemoja

Company Overview

Snapshot

Founded in March 2017 by Moshe Avron, Erez Ashkenazi, and Amikam Bar-gil, PhD, Yemoja operates with 1–10 employees. The company has raised $11 million across one funding round from 4 investors. In June 2020, Yemoja opened a sustainable microalgae production plant.

Business overview

Yemoja is an innovative microalgae company specializing in the industrial production of proteins, fatty acids, and high-end, microalgae-based biological compounds. The company can cultivate various microalgae species on demand, utilizing carbon dioxide in its processes. Yemoja's core technology is a patent-protected, automated, and fully controlled photobioreactor system designed for contamination-proof microalgae cultivation. This system ensures precise cultivation conditions at any scale, providing a consistent supply chain and year-round reliability. Yemoja focuses on delivering proteins, essential fatty acids, and high-value bioactive ingredients for healthcare applications, serving industries such as agriculture, food and beverage, and cosmetics.

Strategic signal

In December 2021, Yemoja developed red microalgae to make meat-free burgers 'bleed,' a significant innovation for the plant-based and cultivated meat industries. This development addresses a key sensory challenge in alternative protein products, enhancing their appeal and market viability. For investors, this signals Yemoja's capability to create high-value, functional ingredients that can drive market adoption and differentiation in the rapidly growing alternative food sector.

Company Intelligence Q&A

What is Yemoja's primary focus?

Yemoja specializes in the industrial production of proteins, fatty acids, and high-end, microalgae-based biological compounds, with a focus on cultivating various microalgae species and utilizing carbon dioxide.

When did Yemoja open its sustainable microalgae production plant?

In June 2020, Yemoja opened its sustainable microalgae production plant.

What innovative product did Yemoja develop in December 2021?

In December 2021, Yemoja developed red microalgae designed to make meat-free burgers 'bleed,' addressing a key aspect of plant-based and cultivated meat products.

What was Yemoja's involvement with MIGAL Institute?

In August 2021, Yemoja joined the MIGAL Institute to collaborate on a major study exploring the use of microalgae for inflammatory bowel disease.

When did Yemoja launch a microalgae bioactive ingredient for beauty products?

In April 2021, Yemoja launched a microalgae bioactive ingredient for skin-deep beauty products.