The first large meeting between Israeli entrepreneurs and Emirati investors took place in a hotel conference room among the gleaming towers of Dubai. One by one, the Israelis got up to pitch their technology. Most spoke of cybersecurity and financial and management tech, which elicited quiet attention. Then came InnovoPro’s CEO Taly Nechushtan. Suddenly the […]
Forbes reports that “vegan desserts are rapidly overcoming negative perceptions around texture and taste, while foods with health benefits and nutritional value have also become increasingly important.” InnovoPro uses chickpea protein as the primary ingredient in vegan ice cream, replacing lecithin, starch, carrageenan, guar gum and LBG. InnovoPro also uses chickpea protein as a replacement […]
Israeli food-tech firm InnovoPro has raised an additional $3 million in Series B funding, following a $15 million raise earlier this year, Foodbev Media reeports. “InnovoPro will use the additional funding to scale up operational capabilities through increasing production capacity and for further business development activities, including forming joint ventures with strategic partners,” said Taly Nechushtan, CEO of […]
InnovoPro, a developer of plant-based protein ingredients, has raised $18 million in a funding round led by Jerusalem Venture Partners, reports FoodBusinessNews. Additional investors: Icos Capital iAngels Rabo Food & Agri Innovation Fund InnovoPro previously participated in Rabobank’s FoodBytes! global startup discovery platform. Read the full article here.
InnovoPro, the plant-based ingredients innovator specialising in innovative chickpea proteins, has secured $18m from investors including Rabobank as part of a second funding round. The Rabo Food & Agri Innovation Fund, part of Rabobank’s investment arm Rabo Corporate Investments, joined InnovoPro’s B round funding as the global food ecosystem continues to evolve in response to […]
InnovoPro, first in the world to develop and launch a 70% chickpea protein concentrate, has secured $18 million in Series B funding, Vegconomist.com reports. The announcement came the same week that Whole Foods Trends predicted that chickpea will be one of the top ingredients for 2021. Read the full article here.
Netherlands-based Rabobank is investing in InnovoPro, which has developed technology to extract concentrated protein from chickpeas. Calcalistech.com reports that Rabobank’s investment is part of the company’s second, $3 million funding round, which will bring the company’s total capital raised to $18 million. Read the full article here.
Of the high-tech Israeli companies that came to Dubai, it was InnovoPro that attracted the most attention from the huge investment fund close to the royal family. InnovoPro produces a protein substitute from chickpeas. Erel Margalit, who led the delegation, told YNet: “The potential is huge.” Read the full article (in Hebrew) here.
InnovoPro’s CEO Taly Nechushtan is in Dubai, representing Israeli hi-tech and innovation. “I’m with this amazing delegation that intends to discuss technology and business collaborations with potential partners at the Emirates,” said Nechushtan. The delegates, led by entrepreneur Erel Margalit, include 13 CEOs of Israeli startups from the cyber, fintech, and foodtech industries. The four-day […]