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Innovopro

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Committed to bringing unique vegan protein ingredients to the global food market

Ra'anana, IsraelFounded 2013Food
Valuation $50–100M Last recorded · 2020
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Innovopro and the history behind them.

About Innovopro

InnovoPro operates as a B2B food-tech company, supplying a proprietary chickpea protein platform to the global food and beverage industry. Founded in 2013 by Dr. Ascher Shmulewitz, an experienced inventor and investor in food-tech and medical devices, the company is headquartered in Israel. The business model is centered on the production and sale of its signature ingredient, CP-Pro 70®, a 70% chickpea protein concentrate developed through a proprietary extraction process. This ingredient is sold to food manufacturers to create clean-label, plant-based products.

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The company's core offering, CP-Pro 70®, is a non-GMO, non-allergenic, and gluten-free protein with a neutral taste, eliminating the need for masking agents. Its functional properties are a key selling point, including high solubility, emulsification, and water and fat binding, which creates a rich mouthfeel. These characteristics allow it to serve as a versatile ingredient in a wide array of applications, such as dairy-free cheese, egg-free mayonnaise, vegan ice cream, veggie burgers, and high-protein beverages. InnovoPro also provides chickpea starch and has developed textured vegetable protein (TVP) blends and clean-label emulsification solutions for the bakery and beverage sectors.

InnovoPro serves a diverse client base that ranges from large multinational corporations like Swiss retailer Migros to smaller, innovative CPG startups across Europe and North America. The company has established strategic partnerships with major industry players, including Ingredion and Givaudan, to scale up production and expand its market reach. Having raised over $22 million through multiple funding rounds, with investors like Jerusalem Venture Partners (JVP), CPT Capital, and Rabobank, the company has focused on increasing production capacity and global business development. Under the leadership of CEO Gregory Belt and with co-founder Taly Nechushtan as Vice Chair, InnovoPro is expanding its focus beyond plant-based alternatives to broader clean-label applications in the food and beverage market.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
Ra'anana, Israel
Employees
11
Open positions
None listed
Dealroom signal
61.0/100
Sub-industry
Innovative Food
Sector
Food, Biotechnology, Sourcing, Genetics and genomics, GMO, Nutrition, Vegan, Plant-Based, Genome Engineering, Alternative Protein, Sustainable Development Goals
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Feb 2023
Capital deployed
$2.8M
Preferred round
SEED

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBT✓Debt Jul 2025 $2M — Undisclosed ↗
OtherOther financing Feb 2022 $0 — Ingredion Incorporated —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Innovopro website traffic

Latest recorded traffic for Innovopro is 160 monthly website visits, down 90.6% over the last three months. Innovopro's team declined 26.7% over the past year.

Latest monthly visits160 3-month web change-90.6% 1-year team growth-26.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

19 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • European Innovation Council

Series A10 investors entered at this stage

  • Migros
  • Erel N Margalit
  • Bits x Bites
  • ID Capital
  • Yara ventures
  • Jerusalem Venture Partners
  • CPT Capital
  • Rabo Food & Agri Innovation Fund
  • iAngels
  • Icos Capital

Other known investors8 additional known investors

  • Ingredion Incorporated
  • EIT Food
  • Félix Fuertes
  • FoodTech Accelerator
  • Ivoro Ventures
  • Plug and Play
  • Rabo Investments
  • Rhodium
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇮🇱 Israel35.7%
🇩🇪 Germany7.1%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Innovopro on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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