Israeli Microalgae Startup Raises $5M to 'Take Fermentation Out of the Dark'

Israeli Microalgae Startup Raises $5M to 'Take Fermentation Out of the Dark'

4 Mins Read Brevel, an Israeli startup using light and fermentation to create microalgae-based ingredients, has secured $5M in a seed extension round. Israeli food tech player Brevel has extended its seed funding pot by $5M, taking total investment in the round to $25M. The expansion is based on the exercise of warrants granted to investors in the initial closing of the seed round in June 2023, with notable backers including NevaTeam Partners, S…