Puremagics

About

Funding history · 1 round · — total

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

What is Puremagics' primary business activity?

Puremagics is a biotechnology company that develops solutions using algae, specializing in the research, development, cultivation, and production of natural astaxanthin.

When was Puremagics founded?

Puremagics was founded in May 2018.

Where is Puremagics headquartered?

Puremagics is headquartered in Yad Rambam, Center District, Israel.

What type of funding has Puremagics received?

Puremagics completed a Seed funding round in January 2019. For a full financing history, please refer to startupim.

What is the current employee count for Puremagics?

Puremagics currently has 1-10 employees.

Who are the co-founders of Puremagics?

The co-founders of Puremagics are Tomer Peled and Avi Peled.

What are the primary target markets for Puremagics' products?

Puremagics targets markets including Healthcare & Life Sciences, Cosmetics, and Agriculture & Food, with applications in processed foods and preserves.

What is astaxanthin, the main product of Puremagics?

Astaxanthin, produced by Puremagics, is an antioxidant derived from algae that is stated to have a positive effect on the body.

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