M-Industry participates in Foodtech startup InnovoPro

05-Dec-2018 - Switzerland

InnovoPro is an Israeli foodtech start-up that uses innovative technological processes to produce high-quality protein concentrate from chickpeas. With this investment, the M-industry secures access to know-how and raw materials.

For the food industry, chickpeas are an interesting alternative to vegetable protein sources such as soy, almonds or rice. They are rich in proteins, GMO-free and have no allergens. InnovoPro processes the chickpeas in a gentle, water-based extraction process into high-quality protein concentrate, which is further processed in the food industry. "The participation in InnovoPro gives companies in the M-industry access to a forward-looking and high-quality protein source that we can use in a large number of our vegetarian and vegan products. In addition, InnovoPro's technological know-how opens up new product applications in the field of milk alternatives, meat substitutes or desserts and sauces," says Eliana Zamprogna, Chief Technology Officer of M-Industry. First products based on chickpea proteins are under development and will be launched in 2019.

pixabay/jackmac34

Other news from the department business & finance

More news from our other portals

Topic world AI for food and beverages

Something is happening in the food & beverage industry ...

This is what true pioneering spirit looks like: Plenty of innovative start-ups are bringing fresh ideas, lifeblood and entrepreneurial spirit to change tomorrow's world for the better. Immerse yourself in the world of these young companies and take the opportunity to get in touch with the founders.