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Food-tech company InnovoPro’s chickpea based proteins can be used as dairy alternatives (Courtesy) In the field of plant-based proteins, Israeli startups raised the largest amount of money, for a total of $77 million. In the field of fermentation, Israeli startups raised $21 million. The largest funding round was that of Remilk, which got an over $11 million worth of thumbs ups from investors last year. Remilk produces milk proteins without the use of cows for the production of cheese and dairy products. In the field of cultivated meat, Israeli firms raised $16 million in 2020, and this sector is poised to thrive in coming years when companies transition from development stage to production, the report said. Future Meat Technologies, which makes meat from animal cells, completed a $27 million funding round, and MeaTech, which focuses on 3D printing of cultured meat, went public on the Nasdaq, raising $22 million during its initial public offering of shares. ....
Israeli Startups Stampeding Towards Alternative Meat Solutions algemeiner.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from algemeiner.com Daily Mail and Mail on Sunday newspapers.
Plant A New Diet With Healthier Food Choices Plant A New Diet With Healthier Food Choices Comments Off on Plant A New Diet With Healthier Food Choices The Good Food Institute Israel reports a significant rise in the purchase of “alternative protein” plant-based rather than animal-based during 2020. StoreNext data collected from all physical and online retail chains in Israel shows that while both animal-based products and alternative protein products enjoyed a spike in the pandemic year, the increase in the alternative protein market was 13 times larger. “My estimate is that Israel is one of the fastest-growing alternative protein markets in 2020,” said Nir Goldstein, managing director of GFI Israel. ....
Israel in lockdown: Bring on the veggie burgers! While Israelis bought more animal and plant protein foods during 2020, ‘alternative protein’ category had biggest growth, perhaps leading the world. Photo courtesy of The Good Food Institute Israel. The Good Food Institute Israel reports a significant rise in the purchase of “alternative protein” – that is, plant-based rather than animal-based – during 2020. StoreNext data collected from all physical and online retail chains in Israel shows that while both animal-based products and alternative protein products enjoyed a spike in the pandemic year, the increase in the alternative protein market was 13 times larger. “My estimate is that Israel is one of the fastest-growing alternative protein markets in 2020,” Nir Goldstein, managing director of GFI Israel, tells ISRAEL21c. ....