OlfaGuard is a bio-nanotech startup focused on food safety, aiming to revolutionize pathogen detection using advanced bio-nanotech. The company is currently in the R&D phase, leveraging licensed technology based on four patents from the Technion and Professor Hossam Haick. With a recent pre-seed funding round of $400,000 from Takwin Ventures, OlfaGuard aims to address the need for fast and affordable pathogen detection in the food industry. Their innovative E-nose technology can identify Microbial Volatile Organic Compounds, specifically targeting pathogens like Salmonella and E.coli. With a focus on the food supply chain, their product is designed to be cost-effective and efficient, providing accurate results in a matter of minutes. While competitors offer different technologies for pathogen detection, OlfaGuard’s approach stands out for its ability to deliver quick and specific results without the need for a professional lab, addressing a key pain point in the market. Founded in 2016 and headquartered in Israel, OlfaGuard is poised to make a significant impact in the food safety industry, especially as the global food safety testing market continues to grow at a steady pace.
Funding Stage | Amount | No. Investors | Investors | Date |
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Seed Round | $400.00K | 1 | Takwin Ventures | 01 Jan 2016 |
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