- Raised $1M grant, Nov 2021
- Raised $4.6M Seed round, May 2021
- Raised $800k Pre-Seed round led by Israel Innovation Authority, Jun 2020
About
Daika Wood has developed a new, 100% natural material by grinding wood waste and mixing it with water and organic compounds, including cellulose and food industry byproducts. This material is similar in composition to natural wood and can be molded, pressed, extruded, or used in 3D printing. Daika Wood's approach addresses environmental concerns related to wood waste management and greenhouse gas emissions by utilizing billions of tons of waste wood that are not currently part of a circular economy. The process is energy-efficient, operating at temperatures below 70°C, and excludes harmful binders like formaldehydes and petrochemicals. The resulting products retain the unique properties of wood, such as warmth, texture, and acoustics, and can be continuously recycled. Daika Wood aims to provide a sustainable raw material for mass manufacturing in industries like construction, furniture, consumer products, and packaging, replacing petroleum-based materials and hazardous wood-like materials.
Funding history · 3 rounds · $6.4M total
Headcount over time
Q&A
- What is Daika Wood's core innovation?
- Daika Wood has developed a new, 100% natural material from ground wood waste mixed with water and organic compounds, including cellulose and food industry byproducts. This material can be molded, pressed, extruded, or used in 3D printing, offering a sustainable alternative to traditional wood and plastic products.
- When was Daika Wood founded and where is it headquartered?
- Daika Wood was founded in March 2020 and is headquartered in Rosh Haayin, Israel.
- What is the total amount of funding Daika Wood has raised to date?
- Daika Wood has raised a total of $7.6 million USD.
- When was Daika Wood's most recent funding round, and what type was it?
- Daika Wood's most recent funding round was a Grant in January 2022, raising $1.2 million USD.
- Which investors participated in Daika Wood's Seed round in July 2020?
- The Seed round in July 2020 included investments from Israel Innovation Authority.
- How many employees does Daika Wood currently have?
- Daika Wood currently has 13 employees, falling within the 11-50 employee bucket.
- What industries does Daika Wood aim to serve with its sustainable material?
- Daika Wood aims to provide a sustainable raw material for mass manufacturing in industries such as construction, furniture, consumer products, and packaging.
- Who are the founders of Daika Wood?
- The founders of Daika Wood are Michael Layani, Shlomo Magdassi, and Oded Shosayov.
Team · 3
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | daikawood.com |
|---|---|
| linkedin.com/company/69700971 |
Identifiers & details
| Legal name | DAIKA LTD |
|---|---|
| Founded | 2020-3 |
| Employees (exact) | 13 |
Radar intelligence
Web history (Wayback)
| Domain | daikawood.com |
|---|
Certificate / subdomain footprint
| Subdomains | 13 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 516177052 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2020-03-16 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 0 |
| Registry events | 8 — violation (1), annual_report (3), shares_capital (3), people (1) |
| Registered address | המלאכה 23 ראש העין |
Recent registry events
| Date | Event |
|---|---|
| 2026-07-15 | עדכון הפרה |
| 2026-07-15 | דו~ח שנתי-עדכון מען דיגיטלי |
| 2026-07-15 | דו~ח שנתי-הקצאת מניות |
| 2026-07-15 | דו~ח שנתי-הסרת בעל תפקיד |
| 2026-07-13 | שינוי בהרכב הון - מניות-הפחתת הון מוקצה |
| 2026-07-13 | הקצאת מניות |
| 2026-02-10 | הגדלה של הון רשום |
| 2026-06-07 | עדכון דירקטורים-הסרת דירקטור |