Gavan
Gavan Technologies is an Israeli foodtech startup that specializes in developing innovative plant-based protein solutions. Their core technology focuses on creating high-quality, versatile, and sustainable protein alternatives. The firm raised $8 million in a Series A funding round led by Israel’s MoreVC, with participation from Lever VC, a global leader in food and agri-tech investment; EIT Food, a European Union-supported platform for sustainable food innovations; and DarkBoot Group, a private equity firm involved in Gavan’s incubation.
Gavan’s proprietary technology enables them to extract and utilize plant proteins in a way that maximizes their nutritional value and functionality. They aim to utilize 100% of the plant material, minimizing waste and maximizing resource efficiency. Gavan’s protein solutions have a neutral flavor profile, making them suitable for a wide range of food applications.
Founded in 2018 by CEO Itai Cohen, Allen Hazan (Head of Innovation), and Udi Jeremias (Head of Culinary), Gavan’s approach is rooted in scientific research and innovation, ensuring the development of cutting-edge protein solutions. Their protein solutions can be used in various food products, including meat alternatives, dairy alternatives, baked goods, and more.
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Gavan’s technology has the potential to revolutionize the food industry by providing sustainable and nutritious plant-based protein alternatives. Their solutions can help address global food security challenges, reduce the environmental impact of food production, and cater to the growing demand for plant-based diets.
Gavan developed Fatrix – a series of high-performance, protein-based fat substitutes that provide the same experience and mouthfeel of animal fat, fully sustainable and clean label, suitable for use in a variety of food categories, including bakery, ice cream, meat, and chocolate, and be significantly healthier and improve taste and texture significantly.
“This funding round opens the door for Gavan to enter the European food market, where we can quickly make a positive impact. Our new, fully EU-certified facility is planned to go commercial as early as April next year,” said Itai Cohen, Gavan’s co-founder and CEO.
