Genufeed
Genufeed is a biotechnology startup offering a cost-effective and sustainable alternative to extruded aquafeed production, a $160Bn industry.
- Stage Full Product Ready
- Industry Agriculture
- Location Tel Aviv, Israel
- Currency USD
- Founded February 2019
- Employees 3
- Incorporation Type C-corp
- Website genufeed.com
Company Summary
We coat whole insect larvae with nutrients matching the nutritional requirements of fish. Our technology simplifies fish feed production, enabling local, modular production with no exposure to world commodity prices.
The global extruded aquafeed industry is estimated at $160B annually.
We are not in the commodity protein production play, but rather, we deliver our proprietary coating to insect farmers. A scalable, sticky and high margin model.
Team
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Founder and CEOYair has accumulated extensive experience in the performing due diligence, ongoing advising of management teams and financial planning for startups in the medical and healthcare industry. In addition, he has experience in initiating, planning and funding industrial and agricultural projects in the US and in Asia. An aquafeed production project that he initiated in the Caucasus region has sparked the idea behind Genufeed’s innovation
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Non executive directorJamie is an experienced investor in early stage businesses, with a strong focus on aquaculture and innovation. Jamie is a co-founder of Devonian Capital, which has invested in a number of land-based aquaculture businesses in the USA, and works closely with those businesses on an ongoing basis. Jamie’s early career was in management consulting and financial services.
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Prof. Sheenan HarpazFish nutritionistSheenan is an expert in fish nutrition with over 40 years of experience in this field and has published over 100 scientific publications on various aspects of fish nutrition. He has traveled and visited many aquaculture communities around the globe to provide his professional advice on the implementation of best fish nutrition practices. Sheenan maintains an extensive network of scientists and aquaculture industry experts worldwide.
Advisors
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Palmi PalmasonUnconfirmed
Mitchell PresserUnconfirmed
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