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- What is ProFuse Technology's primary focus?
- ProFuse Technology is developing solutions to achieve price parity between cultured meat and animal-origin meat by reducing production time, increasing yield, and enhancing production capacity through accelerated muscle fiber growth.
- When was ProFuse Technology founded and where is it headquartered?
- ProFuse Technology was founded in June 2021 and is headquartered in Qiryat Shemona, Israel.
- What is the core technology behind ProFuse Technology's solutions?
- ProFuse Technology's solutions and additives are based on patent-pending technology that activates a biochemical signaling pathway to accelerate differentiation and enhance the fusion of myoblasts, acting at two distinct phases of myogenesis.
- What was ProFuse Technology's first funding round?
- In October 2021, ProFuse Technology secured a Seed funding round of $1.25 million, with Fresh Start as a lead investor, alongside Israel Innovation Authority and OurCrowd.
- Which investors participated in ProFuse Technology's September 2022 Seed funding round?
- In September 2022, ProFuse Technology raised $2.5 million in Seed funding from investors including Tnuva, Kayma, Siddhi Capital, Green Circle Foodtech Ventures, Tempo, and OurCrowd.
- What was ProFuse Technology's most recent funding activity?
- ProFuse Technology had a SAFE funding round in July 2024, with OurCrowd participating.
- Has ProFuse Technology received any grants?
- Yes, in May 2024, ProFuse Technology received a grant of $2,575,480 from the IIA (Israel Innovation Authority).
- How many employees does ProFuse Technology currently have?
- ProFuse Technology has between 11 and 50 employees, with an exact count of 20.
- What new platform did ProFuse Technology launch in April 2025?
- In April 2025, ProFuse Technology launched a pioneering drug discovery platform aimed at preventing muscle loss.