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FreezeM

Revivable freezing solution for the insect farming market

Total Cost €

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EC-Contrib. €

0

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.

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

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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