Top Trends In Vegan And Plant-Based Desserts

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 […]

On October 31, 2020

InnovoPro secures additional $3m in funding

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 […]

On October 30, 2020

Rabobank invests in chickpea protein startup

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.

On October 30, 2020

Rabo Food & Agri Innovation Fund invests in InnovoPro

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 […]

On October 29, 2020

InnovoPro Secures $18M as Chickpeas Trend in 2021

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.

On October 29, 2020

Rabobank invests in Israeli foodtech company InnovoPro

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.

On October 29, 2020

UAE royal family investment fund takes note of InnovoPro

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.

On October 28, 2020

InnovoPro CEO heads to UAE in search of collaborations

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 […]

On October 26, 2020

StartUs Insights platform ranks InnovoPro in Top 5

The StartUs Insights Platform, covering more than 1,116,000 startups & emerging companies, included InnovoPro among its Top 5 FoodTech startups developing alternative proteins. Read the full article here.