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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.

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

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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