About MadeRight
MadeRight is a company based in Kiryat Shmona (Israel) founded in 2022 by Yotam David and Rotem Cahanovitc. MadeRight has raised $2 million across 1 funding round from investors including Fresh Start, Arkin Holdings and Arc Impact. MadeRight offers products and services including Fungi-Based Packaging Materials. MadeRight operates in a competitive market with competitors including Ecovative, Mushroom Material, Maderight, Roha and Grown, among others.
- Headquarter Kiryat Shmona, Israel
- Founders Yotam David, Rotem Cahanovitc
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Sectors
Industrial Goods & Manufacturing
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Phone
Locked
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Aug 24, 2023
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Investors
Fresh Start
& 2 more
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Employee Count
Not available
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Products & Services of MadeRight
MadeRight offers a comprehensive portfolio of products and services, including Fungi-Based Packaging Materials.
Materials grown from fungi on waste for eco-friendly packaging replacements.
Funding Insights of MadeRight
MadeRight has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in August 2023. 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.
Investors in MadeRight
MadeRight has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Fresh Start, Arkin Holdings and Arc Impact.
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Fresh Start is recognized as a global Foodtech incubator.
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Investor details for MadeRight
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Investments & Acquisitions by MadeRight
Investment portfolio details for MadeRight
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Financial Statements - MadeRight
Detailed financials for MadeRight
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Maderight Comparisons
Peer comparison for MadeRight
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Competitors of MadeRight
MadeRight operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ecovative, Mushroom Material, Maderight, Roha and Grown, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Sustainable biodegradable materials are developed using mycelium technology.
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Manufacturer of sustainable packaging products
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Serves as a manufacturer of fashion apparel.
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Biodegradable packaging is developed from agricultural residues using mycelium.
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Mycelium-based packaging products are developed and supplied as sustainable alternatives.
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Detailed competitors of MadeRight
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Latest news on Maderight
Complete news archive for MadeRight
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Frequently Asked Questions about MadeRight
MadeRight was founded in 2022 and raised its 1st funding round 1 year after it was founded.
MadeRight is headquartered in Kiryat Shmona, Israel. It is registered at Kiryat Shmona, Northern District, Israel.
Rotem Cahanovitc is the current CEO of MadeRight. They have also founded this company.
MadeRight is a funded company, having raised a total of $2M across 1 funding round to date.
MadeRight was founded in 2022 in Kiryat Shmona, Israel, within the sustainable materials sector. Fungi-based materials are produced from mycelium and organic waste through a farming process that grows fungi into biodegradable forms. Packaging components are manufactured, along with ecological alternatives to leather and plastic. Operations focus on renewable solutions for packaging applications.
MadeRight's top competitors include Ecovative, Mushroom Material and Roha.
MadeRight offers Fungi-Based Packaging Materials.
MadeRight has 3 investors. Key investors include Fresh Start, Arkin Holdings, and Arc Impact.