What is Inovapro?
Inovapro specializes in the development of high-performance plant-based ingredients, most notably its flagship chickpea protein concentrate, CP-PRO70. By focusing on the functional and nutritional benefits of chickpeas, the company addresses critical gaps in the food industry, providing manufacturers with sustainable, clean-label solutions that do not compromise on taste or texture. Positioned at the intersection of food science and sustainability, Inovapro is actively reshaping how the industry approaches protein sourcing, catering to a demographic that increasingly prioritizes health-conscious and environmentally responsible consumption patterns.
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 Jerusalem Venture Partners, Ran Tuttnauer, ID Capital, Migros , Switzerland's, Bits x Bites, and Yara Ventures
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 specializing in investments in startup companies, focusing on digital media, enterprise software, semiconductors, data storage, and cyber security.
ID Capital
ID Capital Pte. Ltd. is a sector-focused investment and advisory company dedicated to fostering AgriFoodTech innovations in the Asia Pacific region.
Migros
Founded in 1925, Migros is a major retailer of consumer goods, including grocery, apparel, and beauty products, headquartered in Zurich, Switzerland.
What's next for Inovapro?
With the support of its latest financing, Inovapro is well-positioned to deepen its penetration into international markets and expand its production capabilities. The strategic focus will likely shift toward optimizing supply chain efficiencies and broadening the application of its protein concentrates across diverse food categories. As the company matures, the emphasis will remain on maintaining its competitive edge through innovation, ensuring that its plant-based offerings remain the gold standard for food manufacturers seeking to meet the evolving needs of the modern, health-oriented consumer.
See full Inovapro company page
