Equinom, Ltd., a Kibbutz Givat Brenner, Israel-based seed breeding startup, closed a $10m Series B round of funding.
The round was led by BASF Venture Capital, Germany followed by Roquette, Trendlines Group, and current investor Fortissimo Capital.
The company intends to use the funds to accelerate its expansion globally and to build talent and infrastructure.
Led by Gil Shalev, CEO, Equinom is building an ecosystem that directly connects food companies to the supply chain, bringing transparency and responsible sourcing of high-value plant protein. The company has become the preferred supplier for sesame seeds by generating mechanically harvestable varieties and plans to launch its high-protein pea variety in 2021.