ProVeg Incubator

ProVeg Incubator is a global leader in supporting plant-based and cultured food startups. It offers bi-annual programs, accepting around 10-13 startups per cohort, fostering innovation in sustainable food systems.

Past deals in Food Processing

Exseed

Pre Seed Round in 2023
Sunflower side-stream protein isolate producer

Ergo Bioscience

Seed Round in 2023
Ergo Bioscience is a biotechnology company specializing in the precise fermentation of plant cells to produce animal proteins. Its mission is to innovate and provide environmentally friendly solutions for the food sector, focusing on flavors, aroma, color, and texture found in animal-derived products.

bebettermyfriend

Pre Seed Round in 2023
bebettermyfriend is a company that creates plant-based butter and cream substitutes for experienced pastry makers.

FoodSquared

Seed Round in 2023
FoodSquared is a B2B food tech company that enables the next generation of plant-based shellfish starting with shrimp.

SomaTech

Pre Seed Round in 2023
SomaTech is a food technology company focused on advancing sustainable food practices and enhancing nutritional quality. The company specializes in solid-state fermentation using fungal mycelium to transform locally produced byproducts into valuable, protein-rich dietary ingredients. This process not only upcycles waste materials but also creates multifunctional components that can be used in various food products. By doing so, SomaTech supports manufacturers and processors in developing innovative, clean-label, and healthy food options to meet consumer demand.

MycoSure

Pre Seed Round in 2023
MycoSure is an African biomanufacturing company that uses mycelium technology to produce natural, bio-based products. Its innovative approach addresses pressing environmental issues by transitioning from extractive production methods to green chemistry and sustainable alternatives.

Propel Foods

Pre Seed Round in 2023
Propel Foods is an innovative startup that produces plant-based and fungi-based alternative proteins, focusing primarily on frozen Mexican-inspired dishes like tacos and chorizos. Utilizing AI technology, food science, and data-driven approaches, Propel crafts realistic, sustainable, nutritious, and affordable alternatives to traditional animal proteins. Their mission is to encourage both vegan and non-vegan consumers to adopt these healthier, eco-friendlier options occasionally, thereby positively impacting the environment and personal health.

Fotortec

Pre Seed Round in 2023
Fotortec is a biotechnology company focused on sustainable protein production. It uses fungal bioconversion to convert agricultural byproducts and vegetable waste into nutrient-rich biomass via mushroom cultivation and downstream refinement, creating plant-based ingredients aligned with a circular economy. These ingredients support flavor enhancement, protein enrichment, and natural food formulations across diverse product categories for food manufacturers.

Bluana Foods

Pre Seed Round in 2022
Founded in 2022, Bluana Foods specializes in producing plant-based seafood alternatives. Their patented process uses natural ingredients like algae and mushrooms to create sustainable, shelf-stable products such as sashimi-grade fish filets, aiming to reduce ocean fish consumption.

Cultimate Foods

Seed Round in 2022
Cultimate Foods is a cellular agriculture company focused on cultivated fat for hybrid alternative-meat products. It develops cell-cultured fat that mimics the structure of animal fat tissue, using a three-dimensional cultivation approach to create structured fat ingredients and lower production costs. The company also pursues cell-engineered adipose tissue to enable meat alternatives that combine cultivated fat biomass with other ingredients, delivering the flavor and texture of meat while supporting sustainability.

The Mighty Kitchen

Pre Seed Round in 2022
The Mighty Kitchen is a food technology company that specializes in creating plant-based poultry products and ingredients through advanced data modeling and materials chemistry. Committed to sustainability, the company produces flavorful and fibrous alternative protein options, focusing primarily on plant-based meat and fish. The Mighty Kitchen aims to offer consumers innovative food solutions that honor the cultural heritage of the South-Eastern Mediterranean and the Middle East, delivering delicious meals that cater to the growing demand for plant-based alternatives.

Cultimate Foods

Pre Seed Round in 2022
Cultimate Foods is a cellular agriculture company focused on cultivated fat for hybrid alternative-meat products. It develops cell-cultured fat that mimics the structure of animal fat tissue, using a three-dimensional cultivation approach to create structured fat ingredients and lower production costs. The company also pursues cell-engineered adipose tissue to enable meat alternatives that combine cultivated fat biomass with other ingredients, delivering the flavor and texture of meat while supporting sustainability.

Vitality Foods

Pre Seed Round in 2022
Vitality Foods is an innovative foodtech company specializing in the development of plant-based stock powders and flavorings that mimic rich meat and seafood profiles. Its product range includes offerings that replicate the flavors of beef, chicken, pork, lamb, and various types of fish and seafood. These products are designed to deliver an authentic sensory experience for consumers seeking plant-based meat and seafood alternatives, while also prioritizing health and natural ingredients. Vitality Foods emphasizes clean-label formulations that provide desirable textures and mouthfeel without added fats, making them suitable for a variety of culinary applications, such as rice, pasta, soups, and sauces. The company also focuses on creating nutritious options that cater to aging populations, enhancing their meals with increased protein and fiber while maintaining excellent taste and flavor.

OceanTastes

Pre Seed Round in 2022
OceanTastes is a producer of cell-based seafood that utilizes proprietary technologies to create flavorful, nutritious, and safe cultivated seafood. The company focuses on sustainable production methods in laboratory settings, offering a range of products, including oysters, eel, and blue crab. By providing alternatives to traditional seafood, OceanTastes aims to deliver the fresh taste of the ocean while addressing environmental concerns. Customer inquiries are managed through an online form, allowing for efficient communication and service.

Fabumin

Pre Seed Round in 2022
Fabumin develops a novel, plant-based substitute for albumin and emulsifiers, produced from food industry waste. This sustainable, non-toxic product offers superior binding, emulsification, and foaming properties, making it suitable for various foods like sauces, bread, ice creams, and pastries.

Fotortec

Pre Seed Round in 2022
Fotortec is a biotechnology company focused on sustainable protein production. It uses fungal bioconversion to convert agricultural byproducts and vegetable waste into nutrient-rich biomass via mushroom cultivation and downstream refinement, creating plant-based ingredients aligned with a circular economy. These ingredients support flavor enhancement, protein enrichment, and natural food formulations across diverse product categories for food manufacturers.

Cultimate Foods

Pre Seed Round in 2022
Cultimate Foods is a cellular agriculture company focused on cultivated fat for hybrid alternative-meat products. It develops cell-cultured fat that mimics the structure of animal fat tissue, using a three-dimensional cultivation approach to create structured fat ingredients and lower production costs. The company also pursues cell-engineered adipose tissue to enable meat alternatives that combine cultivated fat biomass with other ingredients, delivering the flavor and texture of meat while supporting sustainability.

EatMyPlants

Pre Seed Round in 2022
EatMyPlants (Germany) is developing alternative seafood products based on microalgae and manufactured through fermentation techniques.

Umami United

Pre Seed Round in 2022
Umami United is a Japanese-inspired plant-based food brand focused on enriching the alternative protein market with unique and innovative ingredients. The company specializes in creating products that deliver intense umami flavor, appealing to both vegan consumers and those seeking healthier food options. Its flagship product, UMAMI Egg, is formulated primarily from konjac powder, showcasing the brand's commitment to leveraging Japanese culinary traditions and technology to develop its offerings. By providing plant-based alternatives to traditional eggs and meat, Umami United aims to broaden choices for the growing vegan population while promoting a flavorful and nutritious diet.

ProProtein

Pre Seed Round in 2021
ProProtein is a biotechnology company focused on producing dairy proteins through fermentation using yeast, eliminating the need for cattle farming. By leveraging synthetic biology, ProProtein has developed a specialized yeast strain capable of synthesizing milk proteins. These proteins are designed for use in a variety of animal-free dairy products, including cheese and yogurt, allowing consumers to meet their protein needs without relying on traditional animal agriculture. The company's innovative approach aims to provide diverse textures and flavors while promoting a more sustainable food system.

Kern Tec

Pre Seed Round in 2021
Kern Tec specializes in transforming stone fruit pits from cherries, apricots, and plums into high-quality products. Their refined kernels are used as sustainable ingredients in baking, cosmetics, fertilizers, biomass, and food supplements industries.

Wholydays

Pre Seed Round in 2021
Wholydays is a plant-based foods company that develops and markets bowls, dips, and sauces for food service and retail, including mayonnaise, tzatziki, sour cream, and pesto. It also operates a plant-based street-food concept to test products and gather customer feedback, offering gourmet cuisines and using natural, lactose-free, and GMO-free ingredients with eco-responsible packaging as it builds its range of plant-based bowls, dips, and sauces.

The Live Green

Seed Round in 2021
The Live Green Company, founded in 2018 and headquartered in Santiago, Chile, specializes in the development of plant-based food products. The company offers a range of items, including live green burger mixes and live green pancake mixes. Utilizing proprietary deep technology, The Live Green Company focuses on creating consumer packaged goods that are functional, clean, and sustainable. Their innovative approach incorporates artificial intelligence, machine learning, and precision fermentation to enhance research and development processes, allowing for the efficient creation of active functional ingredients. The Live Green Company is committed to promoting a healthier and more sustainable food future.

Remilk

Series A in 2020
Remilk is a food‑tech company founded in 2019 in Tel Aviv, Israel, that employs microbial precision fermentation to produce milk proteins and other key ingredients. Its technology enables the creation of dairy products that closely match the flavor, nutritional profile, and functional properties of cow milk, while eliminating the need for animal farming and reducing environmental impact.

Profillet

Profillet is a company developing plant-based seafood alternatives using microalgae. They aim to address global food sustainability challenges by creating whole-cut, nutritious seafood analogues that mimic traditional fish in taste and texture. Their products are designed to be scalable, cost-effective, and environmentally friendly, providing the food industry with sustainable, nutritious options to meet the growing demand for alternative proteins while preserving marine resources.

Meatless Kingdom

Meatless Kingdom is an Indonesian food technology startup focused on producing and distributing plant-based food products, primarily using mushrooms. The company caters to both B2B and B2C markets, supplying hotel, restaurant, and catering chains with meat-like texture products, and offering convenient, tasty, nutritious, and MSG-free options for consumers.

Finally Foods

Finally Foods is a pioneering company specializing in molecular farming, utilizing proprietary AI engines to modify plants for protein production. The company's initial focus is on creating a sustainable, plant-based cheese alternative, specifically targeting casein. Backed by prominent technology and FoodTech industry investors, Finally Foods aims to develop high-quality, dairy-free cheese that caters to both environmental concerns and consumer demand for authentic alternatives.

Freundeskreis

Freundeskreis is the first plant-based cheese alternative made from apricot kernels.

KaYama Foods

KaYama Foods is developing a fully functional and healthy plant-based fats for food industry.

MycoVibes Biotech

MycoVibes Biotech is a biotechnology company that produces mycoproteins as a sustainable alternative to animal meat. It uses proprietary circular fermentation technology to grow these proteins in bioreactors, utilizing food production waste as a key feedstock. The company's primary output is a nutrient-rich, eco-friendly mycoprotein derived from shiitake mushrooms, which is high in protein, vitamin B12, and iron. This product is designed to enable food manufacturers to create more sustainable, high-protein meat substitutes.
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