Last updated 2026-07-21
- Acquired by SimpliiGood, Feb 2022
- Raised $5M Seed round, Aug 2019
Total raised
$5.0M
Stage
Acquired
Founded
2015
Headcount
5
HQ
Glil Yam, Israel
Sector
Agriculture & Food Technologies
About
AlgaeMor, also known as SimpliiGood, is an Israeli agritech startup that specializes in growing fresh spirulina, a microalgae, as a sustainable food source and plant-based protein. The company was founded by marine biologist Baruch Dach, who pivoted from algae for biofuels to algae for food in 2013. AlgaeMor produces fresh, flavor-free spirulina in greenhouse pools using food-grade fresh water. Their products include fresh-frozen spirulina cubes for consumers (Simplii Green) and spirulina food-tech ingredients for the industry (Simplii Texture). The company aims to address global issues in the food tech and agritech sectors, such as malnutrition, food insecurity, and the protein gap.
Funding history · 1 round · $5.0M total
2019-08
Seed
$5.0M
Headcount over time
From 3 (2019-08) to 2 (2020-05) · -1 (-33%) · 2 points · source: Finder history + radar grounding
Q&A
- What is AlgaeMor's primary business?
- AlgaeMor produces edible spirulina micro-algae, utilizing a combination of agriculture, biology, food engineering, process engineering, and algorithms.
- When was AlgaeMor founded?
- AlgaeMor was founded in March 2015.
- What is the current status of AlgaeMor?
- AlgaeMor was acquired by SimpliiGood in February 2022 and is currently inactive.
- Who are the co-founders of AlgaeMor?
- The co-founders of AlgaeMor are Lior Shalev (Co-founder & CEO) and Baruch Dach (Co-founder & CTO). Yoram Avidan was also a co-founder but is no longer with the company.
- What sector does AlgaeMor primarily operate in?
- AlgaeMor's primary sector is Agriculture & Food Technologies.
- What types of products does AlgaeMor offer?
- AlgaeMor offers ready-to-use micro-algae that is high in vitamins and minerals, sold both fresh and frozen, and designed to be included in any dish without affecting its flavor.
- Does AlgaeMor hold any patents?
- Yes, AlgaeMor holds one patent.
Team · 3
Sectors & technology
Primary sector
Agriculture & Food Technologies
Sub-sectors
Agriculture & Food TechnologiesFood TechNovel Food & IngredientsClimate TechFood & Land UseSustainable Proteins
Technologies
BiologicalsMicroorganisms
Target customers
Agriculture & FoodMarine LifeAquatic Plants
Business model
B2B2CB2CB2B
Highlights
1 PatentsVerified
Tags
biotechnologyagtechaquaculturefoodtechalgaeclimate-techalternative-proteinplant-protectionfood-and-beveragefood-securitygrowing-systemsalgae-productswellnessproteinsplant-proteinsustainable-proteins
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | algae.co.il |
|---|---|
| linkedin.com/company/40723573 | |
| facebook.com/acfreshspirulina | |
| YouTube | youtube.com/channel/UCFR1uAbqCsuuiJwBbdJEYdg |
| instagram.com/simpliigood |
Identifiers & details
| Legal name | AlgaeCore Technologies, Ltd. |
|---|---|
| Former names | AlgaeCore |
| Founded | 2015-3 |
| Employees (exact) | 5 |
| Status reason | Acquired (Inactive) by SimpliiGood on Feb 2022 - closed due to acquisition |
Acquisitions & public offerings
Acquired by SimpliiGood 2022-02
Radar intelligence
Web history (Wayback)
| Domain | algae.co.il |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515225043 |
|---|---|
| Status | מחוסלת עקב מיזוג — CLOSED |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2015-03-10 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2021 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | גליל ים |