Israel and UAE warm to one another – love of hummus is just the starter

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 […]

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.

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.

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 […]

Despite COVID-19, VC deals in Israel reach all-time record

The numbers for venture capital funding for the first half of 2020 show that the startup nation of Israel has bucked a global downward trend. When investment in startups deceased in North America and Europe, Forbes reports that Israel enjoyed a 40 percent increase over the first half of 2019. The number of VC deals in Israel […]

InnovoPro raises US$15 million in Series B funding

Israeli food-tech company InnovoPro has raised US$15 million in Series B funding led by Jerusalem Venture Partners (JVP). Strategic investors in this round included Custos Privatstiftung; Wolfgang Leitner, CEO of engineering solution company Andritz AG; and CPT Capital, one of the premier global food-tech investors. FoodIngredientsFirst reports that InnovoPro is scaling up manufacturing of alternative […]

Buza launches vegan ice creams based on Innovopro’s chickpea protein

InnovoPro was one of the dozens of start-ups and established food companies that showcased their innovations at Israel’s first conference for plant-based culinary innovation. The conference – organized by Vegan Friendly and the Israeli branch of Meatless Monday – targeted professionals and suppliers from the food industry. At the conference, the leading boutique ice cream […]

InnovoPro an innovative food-tech startup for sustainable future

Taly Nechushtan, InnovoPro’s CEO, tells Miller Magazine that chickpeas can be “an excellent alternative” when reducing animal products and food items that contain gluten. “Through our unique process, our overall utilization of the chickpea will be close to 100%, and therefore completely aligned with sustainability and a zero-waste approach.” Read the full article here.
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InnovoPro was awarded a “Seal of Excellence” by the European Commission, as the institution managing Horizon 2020, the EU Framework Programme for Research and Innovation 2014-2020.

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