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FreezeM

Revivable freezing solution for the insect farming market

Total Cost €

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EC-Contrib. €

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Partnership

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 Outcomes and results

 FreezeM project word cloud

Explore the words cloud of the FreezeM project. It provides you a very rough idea of what is the project "FreezeM" about.

international    secured    stable    ph    capital    seal    erc    received    un    manufacturer    freezing    wellbeing    switchmed    coming    industrial    cycle    vital    ec    november    farming    participated    steady    insect    transfer    won    raised    provisional    equity    source    rest    manner    million    until    company    place    green    struggling    receiving    arm    revivable    larvae    business    27    wis    output    founders    population    molecular    science    pitch    worldwide    industry    embryos    resubmission    revolutionize    300k    off    filed    yeda    replace    spin    1st    weizmann    first    factories    entrepreneurship    graduates    israel    sustainable    fly    finals    national    seed    2017    supply    genetics    human    true    biology    animal    protein    chain    proprietary    freezem    stocks    insects    accelerator    competition    excellence    create    agriculture    creates    eggs    solution    feed    vast    854424    land    climatelaunchpad    investment    wise    generate    egg    575k    corresponding    2023    award    developmental    time    ready    components    conditional    alternative    patent    license    lab    core    workshop   

Project "FreezeM" data sheet

The following table provides information about the project.

Coordinator		 FREEZEM CRYOGENICS LTD 

Organization address
address: 17 HAZABARIM ST.
city: HERZELIA
postcode: 4630754
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.
 Coordinator Country Israel [IL]
 Project website http://www.freeze-em.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-05-01   to  2019-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    FREEZEM CRYOGENICS LTD IL (HERZELIA) coordinator 50˙000.00

Map

 Project objective

'Insects are a promising source for sustainable, alternative protein for the now struggling animal feed industry, vital to ensuring the wellbeing of a growing human population. But in order to make a true impact and replace existing components in animal feed, insects have to be produced at an industrial scale, all year long, and in a stable manner.

With its proprietary revivable insect egg freezing method, FreezeM creates the only viable way to generate a steady output of larvae to insect protein factories worldwide, enabling them to create for the first-time stocks of ready-to-use insect eggs - a solution corresponding to the agriculture seed production. FreezeM aims to revolutionize the insect farming supply chain, to become the leading manufacturer of eggs to this emerging industry, and to scale the business to €27 million by 2023.

FreezeM was established in November 2017 as a spin-off from the Weizmann Institute of Science (WIS) in Israel. The three founders - all graduates of WIS - have vast experience in molecular genetics and developmental biology, especially working with fly embryos, each of them coming from an H2020 ERC funded lab. The founders participated in the first cycle of WISe - the WIS accelerator, receiving a license agreement for the technology and a seed investment from Yeda, the technology transfer arm of the WIS. The company filed a provisional patent application for its core technology. FreezeM participated in the ClimateLaunchPad competition and won 1st place in the Israel national finals, and the 'Sustainable land use' award in the international finals. FreezeM is also taking part in the Green Pitch workshop - a green entrepreneurship workshop as part of the SwitchMed program (funded by the EU and UN). Until now, FreezeM has raised equity capital of $575K, of which $300K are secured and the rest is conditional.

This is an improved resubmission of the H2020 Ph I proposal 854424 that received EC Seal of Excellence. '

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The information about "FREEZEM" are provided by the European Opendata Portal: CORDIS opendata.

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