Partnership received Ingredient Idol award at SupplySide West 2024 ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced a follow-on investment in Plantible Foods, participating in the company's Series B funding round. This investment builds upon ICL's initial participation in Plantible's Series A round and furthers the strategic collaboration between the two companies. In October of 2023, ICL Food Specialties, in collaboration with Plantible … [Read more...] about ICL announces follow-on investment in Plantible Foods and celebrates industry recognition for innovative food ingredient
Industry
Gavan secures USD8M to commercialize cutting-edge plant-based fat
Start-up is establishing a new European facility for commercial production of its plant-based Fatrix® fat Caesarea, Israel – FoodTech start-up Gavan Technologies, Ltd. announces it has raised USD8M in A-round funds. This fresh capital infusion will enable Gavan to break into the European food market with its cutting-edge plant protein-based fat solution, Fatrix®. The funding round was led by MoreVC, a prominent Israeli venture capital firm, with participation from Lever VC, a global leader … [Read more...] about Gavan secures USD8M to commercialize cutting-edge plant-based fat
Westfalia Fruit acquires Belgian avocado products company Syros
Westfalia Fruit, a global leader in the avocado industry, has completed the acquisition of Syros, a Belgian-based manufacturer of avocado products serving the European food and service industry as well as retail sectors. For over 30 years, Syros has been producing high-quality avocado-based products for major European supermarkets, restaurant chains, and meal box companies. The company supplies both private-label and branded products with a focus on convenient, healthy, and sustainable food … [Read more...] about Westfalia Fruit acquires Belgian avocado products company Syros