Ingrediome

Ness Ziona, Israel Founded: 2022 • Age: 4 yrs
Provider of plant-based food ingredient alternatives

About Ingrediome

Ingrediome is a Consumer company based in Ness Ziona (Israel) founded in 2022 by Michael Kaholi and Aviel Even. Provider of plant-based food ingredient alternatives. Ingrediome has raised $250 thousand across 1 funding round from investors including IndieBio. Its chief executive, as recorded, is Aviel Even. Its Indian entity Thar Commercial Finance Private Limited reported revenue of β‚Ή55.98 Cr. Ingrediome offers products and services including Animal Muscle Proteins and Meat from CO2. Its focus areas include Food and Agriculture Tech, Food Tech, Novel Foods and Food Products.

Company details

Ingrediome was founded in 2022 in Ness Ziona, Israel, as a provider of plant-based food ingredient alternatives. Alternatives for seafood, meat, egg, and dairy products are developed and supplied within the food technology sector. Operations focus on sustainable ingredient solutions for the food industry, with emphasis on innovation in plant-derived substitutes. The company is led by co-founders Michael Kaholi and Aviel Even, serving as CEO.

Operational Areas
Key Metrics
  • Indian entity revenue
    ₹55.98 Cr

    FY 2025 · +7% YoY

  • Indian entity net profit
    ₹5.93 Cr

    FY 2025 · 11% margin

  • Indian entity EBITDA
    ₹48.21 Cr

    FY 2025 · 86% margin

  • Total Equity Funding
    $250K (USD)

    in 1 rounds

  • Latest Funding Round
    $250K (USD), Seed

    Dec 2022

  • Investors

Products & Services of Ingrediome

Ingrediome offers a comprehensive portfolio of products and services, including Animal Muscle Proteins and Meat from CO2.

Animal Muscle Proteins
Alternative Meat

Proteins grown in algae using CO2 for sustainable meat alternatives

Meat from CO2
Sustainable Food

Eco-friendly meat products made via bioprocessing and sunlight

Funding Insights of Ingrediome

Ingrediome has successfully raised a total of $250K through 1 strategic funding round. The most recent funding activity was a Seed round of $250 thousand completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $250,000
  • Total Rounds 1
  • Last Round Seed β€” $250,000
  • First Round $250,000

    (Dec 2022)

  • Investors Count 1

All 1 funding rounds of Ingrediome with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2022$250,000Seed–IndieBio
–
Valuation history

1 investors in total: 1 institutional.

Investors in Ingrediome

Ingrediome has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IndieBio.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Biotech startups are accelerated through IndieBio's focused programs.
indiebio.coSan Francisco, United States
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Investor details for Ingrediome

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Board of directors of Thar Commercial Finance Private Limited (Ingrediome)

Thar Commercial Finance Private Limited is the primary company behind Ingrediome. The board of Thar Commercial Finance Private Limited currently have 3 directors; the longest-serving is Vivek Jayesh Thar, appointed in 2015. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vivek Jayesh Thar
DIN 06812365
Director21 Feb 201511 yrs 8 moThar Commercial Finance Private Limited
Chintan Hitendra Shah
DIN 01376629
Director21 Jan 20197 yrs 9 moThar Commercial Finance Private Limited
Yatin Ajitrai Mankad
DIN 00786683
Director10 May 20215 yrs 6 moThar Commercial Finance Private Limited

People of Ingrediome

2 people are tracked at Ingrediome (2 in leadership).

NameRoleGroup
Michael Kaholi
Co-FounderLeadership
Aviel Even
Co-Founder & CEOLeadership
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Financials of Ingrediome

Figures of Thar Commercial Finance Private Limited, the primary company behind Ingrediome, for FY 2025. Revenue was ₹55.98 Cr (+7% year on year). Net profit was ₹5.93 Cr (11% margin). EBITDA was ₹48.21 Cr (86% margin). Revenue has grown at a compounded annual rate of +9% over three years and 0% over five years.

  • ₹55.98 CrRevenue · FY 2025 · +7% YoY
  • ₹5.93 CrNet profit · 11% margin
  • ₹48.21 CrEBITDA · 86% margin
  • ₹49.96 CrPaid-up capital
  • +9%Revenue CAGR, 3 years
  • 0%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Thar Commercial Finance Private Limited are on its company page.

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Detailed financial statements for Ingrediome

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Timeline of Ingrediome

2 dated milestones of Ingrediome, from founding to its latest funding, stage changes and deals.

  1. Founded Ingrediome is founded.
  2. Funding First funding round of $250K.
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Frequently Asked Questions about Ingrediome

Ingrediome was founded in 2022.

Ingrediome is headquartered in Ness Ziona, Israel. It is registered at Ness Ziona, Central District, Israel.

Aviel Even is the CEO of Ingrediome, as recorded in our data. They have also founded this company.

Ingrediome is a funded company, having raised a total of $250K across 1 funding round to date. The company's 1st funding round was a Seed of $250K, raised on Dec 2022.

The primary company behind Ingrediome, Thar Commercial Finance Private Limited, reported revenue of β‚Ή55.98 Cr for FY 2025, up 7% year on year.

Ingrediome was founded in 2022 in Ness Ziona, Israel, as a provider of plant-based food ingredient alternatives. Alternatives for seafood, meat, egg, and dairy products are developed and supplied within the food technology sector. Operations focus on sustainable ingredient solutions for the food industry, with emphasis on innovation in plant-derived substitutes. The company is led by co-founders Michael Kaholi and Aviel Even, serving as CEO.

Ingrediome offers Animal Muscle Proteins and Meat from CO2.

Ingrediome has 1 investor. Key investors include IndieBio.

Ingrediome operates through Thar Commercial Finance Private Limited.

The legal entities of Ingrediome currently have 4 directors, including Yatin Ajitrai Mankad, Vivek Jayesh Thar, Chintan Hitendra Shah and others.

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