Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is Phytolon's core technology?
- Phytolon utilizes a fermentation-based technology to produce natural food colorants. This process involves using baker's yeast cells as biofactories to create pure, low-cost, and stable plant-based pigments suitable for various food products.
- When was Phytolon founded and where is it headquartered?
- Phytolon was founded in July 2018 and is headquartered in Yokne'am Illit, Israel.
- What was a significant early investment in Phytolon?
- In July 2018, Phytolon secured a Seed round of $1.125 million from investors including Israel Innovation Authority and The Trendlines Group.
- Which investors participated in Phytolon's Convertible Debt round in September 2020?
- In September 2020, Phytolon raised $4 million in a Convertible Debt round, with Millennium Food-Tech as a lead investor, alongside others such as Mori Arkin and Agriline.
- What was the amount and lead investor for Phytolon's Series A round?
- In July 2022, Phytolon completed a Series A round, raising $14.5 million. DSM Venturing was the lead investor in this round.
- Which company made a strategic investment in Phytolon in November 2024?
- In November 2024, Rich Products Ventures made a strategic investment in Phytolon, as announced by Millennium Foodtech Partnership.
- What regulatory approval did Phytolon receive in February 2026?
- In February 2026, Phytolon was awarded FDA approval for its Beetroot Red food coloring, allowing it to be marketed in the US.
- How many employees does Phytolon currently have?
- Phytolon currently has 24 employees.
- What is Phytolon's total funding raised to date?
- Phytolon has raised a total of $20.255 million across its funding rounds. For a full financing history, users can refer to startupim.