What is Inovapro?
Inovapro is at the forefront of the global food and beverage market, specializing in a unique chickpea protein platform. The company is dedicated to developing nutritious, delicious, and sustainable food products that meet the escalating demand for plant-based proteins. Their flagship ingredient, chickpea protein concentrate CP-PRO70, offers a clean label and is free from common allergens, positioning Inovapro as a key player in the future of food.
How much funding has Inovapro raised?
Inovapro has raised a total of $37.3M across 2 funding rounds:
Series A
$4.3M
Series B
$33M
Series A (2018): $4.3M with participation from Bits x Bites, Ran Tuttnauer, Yara Ventures, Jerusalem Venture Partners, Migros , Switzerland's, and ID Capital
Series B (2020): $33M led by Wolfgang Leitner, Rabo Food & Agri Innovation Fund, CPT Capital, JVP Limited, and Custos Privatstiftung
Key Investors in Inovapro
Jerusalem Venture Partners
Founded in 1993, JVP is an international venture capital firm the fund specializes in investments in startup companies, focusing on digital media, enterprise software, semiconductors, data storage and cyber security JVP is located in Israel
Yara Ventures
At Yara Ventures, we are smart money investors and manage investment vehicles focusing on early-stage/Series A/B investments in the food tech and innovation space. They offer tactical support to entrepreneurs to scale-up their startups.
ID Capital
ID Capital Pte. Ltd. is a sector-focused investment and advisory company dedicated to fostering AgriFoodTech innovations in the Asia Pacific region. They aim to create a dynamic ecosystem that supports startups and facilitates cross-pollination of ideas globally.
What's next for Inovapro?
With substantial enterprise-level capital infusion, Inovapro is poised for significant expansion. The recent strategic investment suggests a focus on scaling production, enhancing market penetration, and potentially broadening its product portfolio. This backing will likely accelerate the company's mission to promote healthier future generations through its advanced plant-based ingredients, further solidifying its position in the competitive food tech landscape.
See full Inovapro company page
