Algocell Secures $2.8M in Pre-Seed Funding to Optimize Bioprocessing with AI
Algocell, an Israeli startup focused on AI-driven bioprocess optimization, has raised $2.8 million in pre-seed funding to advance its platform for accelerating the scale-up and efficiency of cell-based manufacturing. The funding round was led by Good Company VC (GCVC) and includes a non-dilutive grant from the Israel Innovation Authority, with participation from several angel investors with sector-specific expertise. AI-powered bioprocess optimization The startup, founded in 2023, specializes in developing an AI-powered Digital Twin platform designed to optimize bioprocess development in industries such as cultivated meat, precision fermentation, biofuels, and cosmetics. This platform leverages machine learning models to improve experimentation speed, process control, and product consistency, even with small datasets. Omri Schanin, CEO and co-founder of Algocell, noted the need for more efficient approaches in cell-based …