India's Proeon

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Facts & Figures

India’s Proeon Named a Technology Pioneer by the World Economic Forum

India’s Proeon has made it onto the World Economic Forum’s list of the 100 most innovative Technology Pioneers of 2022. The plant-based protein startup was recognised for its contribution to sustainability in the food system. Proeon is working to develop plant protein ingredients with excellent nutritional, sensory, and functional properties. The company aims to save more than 170 billion litres of water and 150 megatonnes of carbon emissions by replacing animal ingredients with plants. Founded in 2018 by Ashish Korde and Kevin Parekh, Proeon is currently working with mung bean, chickpea, hemp, and amaranth proteins. Last September, the company raised $2.4 million in its seed round, saying it would use the funding to establish a research lab in the Netherlands. Alt-protein Technology Pioneers Proeon is …

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Avant - cultivated fish maw bites - credit Avant

Courtesy of Lever VC

Cultivated, Cell-Cultured & Biotechnology

Cell-Cultured Fish Company Avant Named “Technology Pioneer” by World Economic Forum

Avant, a Hong Kong company developing cell-cultured fish, has been named as one of the World Economic Forum’s “Technology Pioneers”. The company was recognised for its contributions in the field of Global Public Goods. “We believe a technology-enabled food industry allows more efficient use of natural resources and lands for the growing population on this planet.” Carrie Chan In total, 100 companies from 26 countries on six continents made the list. It focuses on early to growth-stage companies that are expected to have a significant impact on business and society. Following the award, Avant CEO Carrie Chan will be invited to take part in World Economic Forum activities, events, and discussions over the next year. The company will also be able to contribute to WEF …

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