Meala Foodtech Ltd
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Meala Foodtech Ltd - overview
Established
2022
Location
Haifa, -, Israel
Primary Industry
Food
About
Based in Israel and founded in 2022, Meala Foodtech Ltd is a company that develops ingredients and procedures that enable the production of products with low environmental impact. Hadar Ekhioz Razmovich (CEO), Liran Gruda (CIO), and Tali Feldman Sivan are the co-founders of the company. In February 2023, Meala Foodtech raised USD 1. 9 million in pre-seed funding from DSM Ventures, The Kitchen FoodTech Hub, and Milk & Honey Ventures.
The company processes plant-based proteins using biocatalysts that are naturally occurring. The firm's bio-based substance improves binding and water retention capabilities, giving meat substitutes a juicier texture. Meala Foodtech's solution works with a wide variety of plant proteins, transforming them into a stable hydrogel upon heating without altering their behaviour upon cooling. The organisation plans to use the February 2023 funding to grow, develop its platform technology, accelerate from lab to pilot scale, and support plant-based producers.
Current Investors
DSM Venturing, Milk & Honey Ventures, The Kitchen FoodTech Hub
Primary Industry
Food
Sub Industries
Health Foods & Nutritional Supplements
Website
www.mealafood.com
Company Stage
Early Stage
Total Amount Raised
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