What is ChickP?
ChickP is an Israeli food technology company focused on developing and commercializing protein derived from chickpeas. The company leverages chickpeas, a widely available and sustainable legume, to create high-quality protein ingredients and products. This strategic focus positions ChickP within the rapidly expanding alternative protein market, catering to increasing consumer demand for plant-based food options. The company's specialization in chickpea protein offers a distinct advantage, addressing nutritional needs while promoting environmental sustainability.
How much funding has ChickP raised?
ChickP has raised a total of $8M across 1 funding round:
Series A
$8M
Series A (2022): $8M with participation from Growthwell Group, Temasek, and Genisys Capital
Key Investors in ChickP
Growthwell Group
Growthwell Group is a Singapore-based plant-based food innovation company specializing in research, development, and OEM for various plant-based ingredients and products, including chickpea-based items.
Temasek
Temasek is a global investment company headquartered in Singapore, known for its long-term investment horizon and focus on making a positive impact.
Genisys Capital
Genisys Capital is an entity participating in the funding round, with its specific investment focus not detailed.
What's next for ChickP?
With this substantial enterprise-level funding, ChickP is poised for significant expansion and further product development. The major strategic investment signals a strong belief in the company's business model and its potential to scale operations. Future initiatives are likely to include enhancing production capabilities, broadening market reach, and potentially exploring new applications for chickpea protein. This capital infusion will be critical in solidifying ChickP's position as a key player in the global food tech landscape, driving innovation in sustainable and nutritious food solutions.
See full ChickP company page