Millennium Food-Tech LP (TASE:MIFT)

millennium-ft.com/en/home-page-english/

Formerly Next Food

Venture Capital Fund

Final Closing

Tech Verticals Preferences

FoodTech Agrifood, AgriTech, Alternative Proteins, Cultivated Meat, e-Commerce, Environment, ESG, Industrial Technologies, Industry 4.0, Materials, Mobile Applications, RetailTech, Waste Management

General Data

Management Company:	Millennium Food-Tech Management
Vintage Year	2019
Current Active Portfolio Companies:	8
Reg. Number:	abCDe

DESCRIPTION

Millennium Food-Tech is an investment vehicle listed on the Tel Aviv Stock Exchange and dedicated to investing in Food-Tech companies. Comprised of industry experts, Millennium Food-Tech management is dedicated to cherry-picking the best investment opportunities in the Israeli Food-Tech industry, bringing a unique investment approach and capabilities.

REMARKS

Date	Remark
01/10/2021	Musach Ravia 2009 Ltd. purchased shares of Millennium Food-Tech through TASE and currently holds 5% of the partnership.

CONTACT INFO

Expand / Collapse All

Main Address: Raanana, Israel

Address	10 Alexander Zarchin St.
City	Raanana
Country	Israel
Zip	4366238

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Oren Attiya	CEO & CFO	GlucoMe (CFO)

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
May. 17, 2023	Fourth Public Offering		abCDe	abCDe	NIS 15m
Jul. 26, 2022	Third Public Offering	TASE	abCDe	abCDe	NIS 15.7m
Dec. 06, 2020	Second Public Offering	TASE	abCDe	abCDe	NIS 52m
Jul. 15, 2020	IPO	TASE	abCDe	abCDe	Raised NIS 26m.

	CAPITAL RAISED

Date

Amount

Oct. 18, 2021

abCDe

NIS 18m

Limited Partners	Type	Amount	Remarks
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Private Investor	abCDe

Sep. 23, 2020

abCDe

NIS 16m

Limited Partners	Type	Amount	Remarks
abC Defghij*	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe	NIS 2.5m
abC Defghij	Institutional Investor	abCDe
abC Defghij	Investment Company	abCDe	NIS 2.5m
abC Defghij	Private Investor	abCDe

Mar. 01, 2019

abCDe

Limited Partners	Type	Amount	Remarks
abC Defghij	N/A	abCDe
abC Defghij	N/A	abCDe

Investment Data

Managed Capital	abCDe
Capital Remarks	Public R&D Partnership trading on TASE under the symbol MIFT. Raised $28.4m (NIS 94m) so far and continues to raise capital through the market from time to time (ever green).

Preferences

Type of Financing	Equity
Stage Preferences	Initial Revenues,R&D

SECTOR SEGMENTATION (By Number Of Companies)

Agritech

37%

Cleantech

25%

Hardware & Industrial

25%

Consumer-Oriented Software

13%

	PORTFOLIO COMPANIES

Current Portfolio Companies (8)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

Aleph Farms

Agri

Third Round	25/03/2025	N/A	$29m
Second Round - Extended	07/06/2023	N/A	$20m
Second Round	07/07/2021	$4m	$105m	In cooperation with The Kitchen FoodTech Hub

ansa

HW & Indust.

First Round - Extended	01/05/2024	$0.1m	$2m	NIS 380k
First Round	01/08/2023	N/A	$9m
Seed - Extended	11/12/2022	$0.25m	$0.25m
Seed - Extended	13/12/2021	$2m	$6m

Egg’n’Up

HW & Indust.

Seed

06/10/2021

$1.2m

$2m

$1.2m plus an option to invest additional $0.8m

Phytolon

Agri

First Round - Extended	05/10/2023	N/A	N/A
First Round	05/07/2022	$1m	$14.5m
Seed - Extended	16/09/2020	$1.8m	$4.1m	SAFE model

Supersmart

CO SW

Third Round

16/01/2022

$3m

Tipa

Cln.

Third Round - Extended	02/01/2022	$4m	$70m
Third Round - Extended	17/02/2021	$4m	$10m	SAFE deal.

TripleW

Cln.

Second Round	22/03/2023	N/A	$16.5m
First Round - Extended	26/04/2021	$3m	$5m

Yofix

Agri

First Round - Extended

01/08/2021

$2m

$3.5m

Exits (1)

Company Name		Exit Type	Date Announced	Amount	Remarks
abC Defghij		IPO	25/11/2020	abCDe	Raised NIS $42.6m, post valuation of NIS $212.6m. Institutional investors only.

Historic Portfolio (1)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

Skeep

Ceased to Operate

Ent. SW

First Round

31/10/2021

$1m

$3m

Last Updated:	abCDe
IVC Number:	abCDe