What is Inovapro?
Inovapro specializes in the development of high-performance, sustainable food ingredients derived from chickpeas. Its flagship product, CP-PRO70, serves as a clean-label, allergen-free protein concentrate designed to meet the surging global demand for plant-based alternatives. By leveraging advanced food science, the company provides manufacturers with functional, nutritious, and sustainable solutions that do not compromise on taste or texture. This unique value proposition has positioned Inovapro as a critical player in the evolving AgriFoodTech landscape, bridging the gap between agricultural innovation and consumer-packaged goods.
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 ID Capital, Migros , Switzerland's, Bits x Bites, Jerusalem Venture Partners, Yara Ventures, and Ran Tuttnauer
Series B (2020): $33M led by JVP Limited, Custos Privatstiftung, Wolfgang Leitner, Rabo Food & Agri Innovation Fund, and CPT Capital
Key Investors in Inovapro
ID Capital
ID Capital is a sector-focused investment firm dedicated to fostering AgriFoodTech innovations across the Asia Pacific region, aiming to build a dynamic ecosystem for sustainable food solutions.
Jerusalem Venture Partners
Founded in 1993, JVP is an international venture capital firm that specializes in high-growth technology sectors, including enterprise software and digital media, with a strong presence in Israel.
Yara Ventures
Yara Ventures acts as a smart money investor managing specialized vehicles for early-stage and Series A/B startups, with a specific focus on food technology, health, and mobile innovation.
What's next for Inovapro?
With the infusion of recent capital, Inovapro is poised to accelerate its operational footprint and deepen its penetration into international food and beverage markets. The strategic focus will likely shift toward scaling production capacity for its CP-PRO70 concentrate and expanding its R&D pipeline to include new functional ingredients. As the company matures, it is expected to leverage its existing network of strategic partners to optimize supply chain efficiencies and solidify its status as a leader in the sustainable protein industry. The current trajectory suggests a move toward broader commercial adoption, potentially setting the stage for further enterprise-level growth and long-term market dominance.
See full Inovapro company page
