Last updated 2026-07-26
- Went public on Toronto Stock Exchange (BABY), Jun 2019
- Raised $5.3M Follow-on PO led by Stifel Nicolaus Canada Inc., Jun 2022
- Raised $17.3M Follow-on PO led by Canaccord Genuity Corp., Sep 2021
Total raised
$65.8M
Last: Public Offering 2026-07
Stage
Public
Founded
2012
Headcount
12
HQ
Tel Aviv-Yafo, Israel
Sector
Agriculture & Food Technologies
About
Else Nutrition is an Israel-based company focused on the research, development, manufacturing, marketing, and sale of innovative plant-based food and nutrition products. The company offers plant-based nutrition solutions for babies and toddlers with sensitive tummies or dietary preferences that avoid dairy and soy. Their product catalog includes shakes, cereals, and nutrition drinks made with organic, whole-food ingredients like almonds, buckwheat, and tapioca. Else Nutrition aims to provide clean-label alternatives to traditional dairy and soy-based formulas. The company is publicly traded and has received awards for its plant-based solutions.
Funding history · 14 rounds · $65.8M total
2026-07
Convertible Debt
Undisclosed
★ Lind Global Fund III LP
2025-11
Convertible Debt
$1.3M
★ Lind Global Fund III LP
2024-05
Convertible Debt
$2.0M
★ Lind Global Fund II, LPSingle, healthcare-focused institutional investor
2023-10
Follow-on PO
Undisclosed
2023-06
Debt Financing
$2.5M
2022-12
Debt Financing
$3.1M
2022-11
Debt Financing
$4.3M
2022-09
Follow-on PO
Undisclosed
2022-06
Follow-on PO
$5.3M
★ Stifel Nicolaus Canada Inc.
2021-12
Follow-on PO
Undisclosed
2021-09
Follow-on PO
$17.3M
★ Canaccord Genuity Corp.★ Stifel Nicolaus Canada Inc.
2020-10
IPO
$18.8M
★ Canaccord Genuity★ Health and Happiness International (H&H Group)NewH2
2020-03
PIPE
$5.8M
★ NewH2★ Health and Happiness International (H&H Group)
2019-06
Follow-on PO
$5.5M
★ Canaccord Genuity
Headcount over time
From 4 (2019-08) to 19 (2025-12) · +15 (+375%) · 27 points · source: Finder history + radar grounding
Q&A
- What was Else Nutrition's most recent funding round?
- Else Nutrition's most recent funding round was a Public Offering in July 2026.
- When did Else Nutrition secure a convertible debt financing?
- In January 2025, Else Nutrition secured a convertible debt financing of $1,200,000 from Lind Global Fund II, LP.
- What was a significant operational update for Else Nutrition in late 2025?
- Else Nutrition reported a significant operational turnaround in Q3 2025, highlighting gross margin expansion and cost reduction.
- What market did Else Nutrition expand into in January 2025?
- In January 2025, Else Nutrition expanded into the adult nutrition market with the launch of its innovative plant-based ready-to-drink shakes.
- What regulatory development in November 2025 could benefit Else Nutrition?
- In November 2025, President Trump signed a pivotal FDA funding package that included a congressional directive streamlining the regulatory pathway for non-dairy, non-soy plant-based infant formula, which is expected to benefit.
- What was a key strategic move for Else Nutrition in Canada in November 2024?
- In November 2024, Else Nutrition launched a 12-week pilot program in Canada with a multinational wholesale retailer.
- What was a notable product achievement for Else Nutrition in May 2024?
- In May 2024, Else Nutrition’s Ready-to-Drink Kids Vanilla Shake was named among the best in family-friendly products by the Mom’s Choice Awards®.
- What was a significant partnership announcement for Else Nutrition in March 2024?
- In March 2024, Else Nutrition signed a pioneering powder manufacturing agreement.
Team · 3
Hamutal Yitzhak
Founder · Co-founder, Chairman & CEO
Uriel Kesler
Founder · Co-founder, COO & Director
Michael Azar
Founder · Co-founder, Director & CTO
Sectors & technology
Primary sector
Agriculture & Food Technologies
Sub-sectors
Climate TechFood & Land UseSustainable ProteinsAgriculture & Food TechnologiesFood TechNovel Food & Ingredients
Technologies
Materials & SubstancesRaw Materials
Target customers
ConsumersDemographics & FamilyChildrenBabiesAgriculture & FoodLivestockDairy
Business model
B2CB2B2C
Highlights
Climate Tech1 Patents
Tags
sustainable-proteinsfoodtechnutritionfeedingclimate-techfood-and-beveragehealthcarealternative-proteinhealthcare-providerslactose-intolerantsvegansallergyfood-ingredientsnovel-ingredients
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | elsenutrition.com |
|---|---|
| linkedin.com/company/20126450 | |
| facebook.com/elsenutrition | |
| YouTube | youtube.com/channel/UCW2tFCFxCC5xrR66xXdRlgA?view_as=subscri |
| instagram.com/elsenutrition |
Identifiers & details
| Legal name | Else Nutrition Holdings Inc. |
|---|---|
| Founded | 2012-2 |
| Employees (exact) | 12 |
| Market cap | $15.8M |
| Status reason | Public on TSX on Oct, 2021; Public on OTC on Oct, 2022 |
Acquisitions & public offerings
| Type | Date | Exchange | Ticker | Amount |
|---|---|---|---|---|
| Public Offering | 2019-06 | Toronto Stock Exchange | BABY | $5.7M |
| IPO | 2022-01 | Toronto Stock Exchange | BABY | |
| Public Offering | 2026-07 | Canadian Securities Exchange | BABY |
Radar intelligence
Patents
| EPO | 3 |
|---|
Web history (Wayback)
| Domain | elsenutrition.com |
|---|
Certificate / subdomain footprint
| Subdomains | 12 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515850311 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2018-05-23 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Last annual report | 2023 |
| Active charges / liens | 0 |
| Registry events | 1 — violation (1) |
| Registered address | הנחושת 6 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2026-06-25 | עדכון הפרה |