Phytolon
About Phytolon
Phytolon is a Foodtech startup based in Yokne'am, Israel that has raised $43M in venture capital across 4 funding rounds since 2018. The company reached Series B stage in 2018 with a $1.1M round led by institutional investors. Phytolon's investor base includes 6 institutional funds, with DSM Venturing leading the most recent equity round.
Phytolon is an Israeli biotechnology company that produces natural food colorants using precision fermentation of baker's yeast. Founded in 2018 and spun out of the Weizmann Institute of Science through the Trendlines Group incubator, it engineers yeast to synthesize betalain pigments — water-soluble pigments found in red beets and prickly pear — yielding a palette of yellow, orange, pink, red, and purple shades. Its flagship product, Beetroot Red, received FDA approval in February 2026, offering food manufacturers a clean-label alternative to synthetic dyes with improved heat stability, pH stability, and supply chain reliability. The company targets CPG customers across alternative meat, dairy, baked goods, confectionery, snacks, and supplements markets in the US and Europe.
Phytolon Funding Rounds Timeline
4 rounds · $43M raised · since 2018
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Seed | 2018 | $1.1M | — | — | The Trendlines Group, Israel Innovation Authority |
| Seed Extension | September 2020 | $4.1M | — | — | The Trendlines Group, Millennium Foodtech, EIT Food, Consensus Business Group |
| Series A | July 2022 | $15M | — | DSM Venturing | Cibus Fund, The Trendlines Agrifood Fund, Millennium Foodtech, Arkin Holdings |
| Series B | May 2026 | $24M | — | — | Millennium Foodtech, NextGen Nutrition Investment Partners, Colorcon Ventures |
Investors in Phytolon
6 institutional investors across 4 rounds
Lead investors
Co-investors
Recent news about Phytolon
Questions about Phytolon
How much has Phytolon raised?
Phytolon has raised $43M across 4 funding rounds since 2018.
Who are the investors of Phytolon?
Phytolon's investors include DSM Venturing, Millennium Foodtech, NextGen Nutrition Investment Partners, Colorcon Ventures, The Trendlines Group, Cibus Fund.
When was Phytolon's last funding round?
Phytolon's most recent round was a $1.1M Seed in 2018.
Where is Phytolon headquartered?
Phytolon is headquartered in Yokne'am, Israel, and was founded in 2018 by Halim Jubran, Tal Zeltzer.