Israel Innovation Authority

YDLabs team

© YDLabs

Fermentation

Israel Innovation Authority Selects YDLabs to Build $14M Fermentation Facility

The Israel Innovation Authority (IIA) announced it will invest NIS50 million (approximately $14 million) in a fermentation facility offering research, development, and production services to local and foreign food tech companies. Last January, the IIA announced plans to build a fermentation plant to support and strengthen the country’s alt protein ecosystem, considered a national priority, and called for proposals. Following an extensive evaluation, IIA selected the Israeli fermentation company YDLabs to lead the facility’s construction. “We are pleased to confirm the selection of YDLabs and look forward to seeing the Israeli ecosystem benefit from infrastructure and services provided for scaling production to enable economic feasibility assessment, regulatory preparedness, and more,” said Dror Bin, CEO of the Israel Innovation Authority. Fermentation facility for Israel YDLabs will establish the new plant and …

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YDLabs team

© YDLabs
Cultivated, Cell-Cultured & Biotechnology

Israel Innovation Authority Selects YDLabs to Build $14M Fermentation Facility

The Israel Innovation Authority (IIA) announced it will invest NIS50 million (approximately $14 million) in a fermentation facility offering research, development, and production services to local and foreign food tech companies. Last January, the IIA announced plans to build a fermentation plant to support and strengthen the country’s alt protein ecosystem, considered a national priority, and called for proposals. Following an extensive evaluation, IIA selected the Israeli fermentation company YDLabs to lead the facility’s construction. “We are pleased to confirm the selection of YDLabs and look forward to seeing the Israeli ecosystem benefit from infrastructure and services provided for scaling production to enable economic feasibility assessment, regulatory preparedness, and more,” said Dror Bin, CEO of the Israel Innovation Authority. Fermentation facility for Israel YDLabs will establish the new plant and …

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Israel Innovation Authority

Dror Bin. © Israel Innovation Authority
Fermentation

Israel Innovation Authority to Establish New Precision Fermentation Infrastructure

The Israel Innovation Authority (IIA) has announced a RFP (request for proposal) with the aim of establishing new infrastructure for precision fermentation. Specifically, the organisation is looking to construct facilities that use fermentation to produce alternative proteins. This is part of a national operational plan by the IIA to “maintain and expand the strength of its developmental ecosystem in the field of alternative proteins”. Israel’s food tech industry is an R&D priority The hope is that improved fermentation infrastructure could allow for increased production volumes, along with technical-economic viability experiments that are not currently possible in Israel. With the production of larger batches, companies will be able to conduct R&D and carry out consumer testing. Eventually, this could pave the way for the establishment of …

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SuperMeat cultivated chicken

© SuperMeat
Cultivated Meat

Israeli Government Grants $18M to Cultivated Meat Consortium in “Unprecedented” Move

An Israeli cultivated meat consortium has received $18 million from the Israel Innovation Authority, an arm of the government that aids the development of industrial R&D. The consortium is made up of 14 companies — including Aleph Farms and SuperMeat — and ten academic labs. With the new funding, the organisations will work to bring down the cost of cultivated meat and scale up production. Israeli food conglomerate Tnuva Group led the establishment of the cultivated meat consortium, along with GFI Israel grantee Gaya Savion. The consortium will work together for three years. Cultivated meat in Israel The Israeli cultivated meat industry is ahead of that in many regions, and consumer attitudes are generally positive in the country. At a recent live consumer test by …

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The Kitchen FoodTech Hub by Strauss

© The Kitchen FoodTech Hub
Company News

Mondelēz Collaborates with Israeli Food Tech Hub “The Kitchen”

Mondelēz International announced on April 25th that it has reached a collaboration agreement with The Kitchen; Israel’s only FoodTech-focused incubator and one of the first FoodTech incubators in the world. This collaboration is led by Mondelēz International’s R&D and SnackFutures team, the company’s innovation and venture hub aimed at unlocking snacking growth opportunities around the world.

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