InnovoPro raises millions for chickpea protein innovation
Israeli food-tech company InnovoPro has raised US$4.25 million in funding in a round led by Migros, Switzerland’s largest retailer and Erel Margalit, Founder and Chairman of Jerusalem Venture Partners (JVP), a leading Israeli Venture Capital fund.
InnovoPro will use the new capital to scale its production, support sales and expand into strategic global markets. InnovoPro produces “the world’s first” 70% protein concentrate from chickpeas, which the company reports features high nutritional values as well.
Reported by Food Ingredients First
- On December 4, 2018