InnovoPro is an Israeli foodtech start-up that uses innovative technological processes to produce high-quality protein concentrate from chickpeas. With this investment, the M-industry secures access to know-how and raw materials.
For the food industry, chickpeas are an interesting alternative to vegetable protein sources such as soy, almonds or rice. They are rich in proteins, GMO-free and have no allergens. InnovoPro processes the chickpeas in a gentle, water-based extraction process into high-quality protein concentrate, which is further processed in the food industry. "The participation in InnovoPro gives companies in the M-industry access to a forward-looking and high-quality protein source that we can use in a large number of our vegetarian and vegan products. In addition, InnovoPro's technological know-how opens up new product applications in the field of milk alternatives, meat substitutes or desserts and sauces," says Eliana Zamprogna, Chief Technology Officer of M-Industry. First products based on chickpea proteins are under development and will be launched in 2019.