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- What is Millennium Food-Tech's primary investment focus?
- Millennium Food-Tech is an R&D partnership specializing in investment in and betterment of companies within the food-tech sectors, particularly those identifying and developing innovative ideas in the food, drinks, and nutrition industry.
- When was Millennium Food-Tech founded and where is it headquartered?
- Millennium Food-Tech was founded in 2020 and is headquartered in Tel Aviv-Yafo, Israel.
- What is a notable recent investment by Millennium Food-Tech?
- Millennium Food-Tech invested $9 million in Ansā in August 2023 and $16.5 million in TripleW in March 2023.
- Which of its portfolio companies has Millennium Food-Tech led investment rounds for?
- Millennium Food-Tech has led investment rounds for TIPA (January 2022), Ansā (December 2021), Egg'n'Up (October 2021), TripleW (August 2021), and Phytolon (September 2020).
- What is Millennium Food-Tech's most significant exit to date?
- Millennium Food-Tech had an exit in November 2020 with SavorEat, which completed a TASE IPO at a valuation of $50 million, raising $13 million.
- What is Millennium Food-Tech's sector concentration in its portfolio?
- According to startupim data, Millennium Food-Tech's portfolio shows a strong concentration in Agriculture & Food Technologies with 6 companies, followed by Industrial Technologies and Business Software, each with 2 companies.
- What was a key operational development for Millennium Food-Tech in 2021?
- In July 2021, Millennium Food-Tech signed a strategic agreement with Strauss Group.
- What was Millennium Food-Tech's initial public offering activity?
- Millennium Food-Tech completed its TASE IPO in July 2020, raising $7.5 million. It subsequently raised an additional NIS 52 million in December 2020.