Israeli plant-based protein co Plantopia raises $9m
Israeli foodtech startup Plantopia has raised $9 million to scale the production of plant-based, lactose-free milk proteins. The company uses advanced biomolecular agriculture to create proteins identical to animal-based versions.
Why it matters
Represents a significant advancement in sustainable food technology and the shift toward alternative protein sources.
Israeli startup Plantopia, which has developed a first-of-its-kind platform for producing high-quality proteins through advanced biomolecular agriculture, has completed a $9 million financing round led by US dairy giant Schreiber Foods and with the participation of Siddhi Capital and local investors, Yotvata, Arkin Capital and the foodtech incubator Fresh Start. The new funds, which will allow the company to move forward to the industrial production stage, brings the total raised by Plantopia to date to over $16 million.Plantopia, founded by Prof. Alexander Vainstein, Tal Lutzky and Amir Tiroler, is based on innovative biotechnology developed at the Herbrew University's Faculty of Agriculture, for the production of complex animal components in plants.
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