Last updated 2026-06-18
- Raised $1.2M grant, Jan 2022
- Raised $1M grant, Dec 2021
- Raised $4.6M funding round, Jun 2021
Total raised
$7.6M
Last: Grant 2022-01
Stage
Seed
Founded
2020
Headcount
13
HQ
Rosh Haayin, Israel
Sector
Industrial Technologies
About
Daika has developed a new material to upcycle wood waste. This material is created by grinding wood waste and mixing it with water and organic compounds, including cellulose and byproducts from the food industry. The resulting product is similar in composition to natural wood.
Daikawood's have diverse applications including construction and furniture manufacturing, where it serves as an alternative to conventional wood and other building materials. Its key characteristics include the ability to be molded, pressed, extruded, or used in layered manufacturing, along with high strength and fire retardancy.
Funding history · 4 rounds · $7.6M total
2022-01
Grant
$1.2M
2021-12
Grant
$1.0M
2021-06
$4.6M
Q&A
- What is Daika Wood's primary business?
- Daika Wood upcycles wood waste into natural wood products using mass manufacturing processes. Their material is made by grinding wood waste and mixing it with water and organic compounds, including cellulose and food industry byproducts, resulting in a product similar to natural wood.
- When was Daika Wood founded?
- Daika Wood was founded in June 2020.
- What is Daika Wood's employee count?
- Daika Wood has an employee count in the 11-50 range.
- What is Daika Wood's total funding to date?
- Daika Wood has raised a total of $7,600,000 USD.
- When was Daika Wood's most recent funding round?
- Daika Wood's most recent funding was a Grant round in January 2022, which raised $1,200,000 USD.
- Who are the founders of Daika Wood?
- The founders of Daika Wood are Michael Layani, Shlomo Magdassi, and Oded Shosayov.
- What are the applications of Daika Wood's material?
- Daika Wood's material has diverse applications, including construction and furniture manufacturing, serving as an alternative to conventional wood and other building materials. It can be molded, pressed, extruded, or used in layered manufacturing, and offers high strength and fire retardancy.
- What is Daika Wood's primary sector?
- Daika Wood's primary sector is Industrial Technologies.
Team · 3
Founder · Founder & CTO
Founder · Co-founder
Sectors & technology
Primary sector
Industrial Technologies
Sub-sectors
Climate TechClean Industry Tech Sustainable Materials & CircularityIndustrial TechnologiesMaterial Innovations & Applications
Technologies
Materials & Substances
Target customers
Commerce & RetailConsumer GoodsConsumer ElectronicsReal Estate & ConstructionConstruction
Business model
B2B
Highlights
Climate Tech1 PatentsVerified
Tags
climate-techdesignwaste-techautomotivematerialssurface-and-coatingswoodconstructionpackaging-and-containersnanotechnologymanufacturingforestry3d-technologyarchitecture
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | daikawood.com |
|---|---|
| linkedin.com/company/69700971 |
Identifiers & details
| Founded | 2020-6 |
|---|---|
| Employees (exact) | 13 |
Radar intelligence
Web history (Wayback)
| Domain | daikawood.com |
|---|
Certificate / subdomain footprint
| Subdomains | 13 |
|---|