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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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 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.

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

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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