FreezeM, an Agri-tech pioneering biotechnology company that offers Breeding-as-a-Service (BaaS) for Black Soldier Fly (BSF) protein factories, announced the closure of $14.2 million in Series A funding. The funding round was led by a group of seasoned industrial investors and the prestigious European Innovation Council Fund (EIC Fund), along with FreezeM’s existing investors and partners.
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The funding will be used to accelerate the growth of the company’s breeding hubs network and commercialize its novel solutions at scale, accommodating the rapidly increasing market demand.
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“The current funding round will enable FreezeM to embed our technology globally at scale and accelerate the growth of our breeding hubs in Europe and Israel, thereby driving successful commercial expansion. Our technology unleashes the insect market from its shackles and will propel the insect protein market to fulfill its true potential,” said Dr. Yuval Gilad, Co-founder and CEO of FreezeM.
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As leaders in BSF breeding, FreezeM drives global transformation in insect-based protein production, simplifying processes for widespread adoption. It is pioneers in Black Soldier Fly (BSF) breeding, revolutionizing insect-based protein production and waste management. Our cutting-edge technology offers high-performance suspended BSF larvae at scale, reshaping the future of sustainable agriculture.
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“The current funding round will enable FreezeM to embed our technology globally at scale and accelerate the growth of our breeding hubs in Europe and Israel, thereby driving successful commercial expansion. Our technology unleashes the insect market from its shackles and will propel the insect protein market to fulfill its true potential,” said Dr. Yuval Gilad, Co-founder and CEO of FreezeM.
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About FreezeM
Founded in 2018 as a spin-off from the Weizmann Institute of Science by three institute graduates Yoav Politi, Idan Alyagor and Yuval Gilad. FreezeM’s mission is to make insect farming simple and accessible using novel breeding solutions for the emerging BSF farming industry. Since its establishment, the company has developed multiple biotechnological breakthroughs for enhancing sustainable, streamlined insect protein production.
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