Total raised
$23.8M
Last: Series B 2020-04
Stage
Series B
Founded
2013
Headcount
18
HQ
Ra'anana
Sector
Agriculture & Food Technologies
About
InnovoPro is a fast-growing foodtech company that produces an award-winning chickpea protein-based platform for the global B2B food and beverage industry to create nutritious, tasty, and sustainable food products. InnovoPro's CP-Pro 70 has an excellent nutritional profile, "free-from" properties, and wide usability in the food industry. In 2021, InnovoPro was recognized by the United Nations as one of the 50 leading SMEs that shape the future of global food systems and won the Good For All Best Small Business award. In 2022, InnovoPro's CP-Pro 70 was selected as a finalist in the 2022 Sustainable Food Awards in the Sustainable Ingredient Category.
Funding history · 3 rounds · $23.8M total
2020-04
Series B
$18.0M
2018-08
Series A
$4.3M
2017-01
Seed
$1.5M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is Innovopro's primary product offering?
- InnovoPro produces an award-winning chickpea protein-based platform, including products like CP-Pro 70, for the global B2B food and beverage industry.
- What is the current operational status of InnovoPro?
- InnovoPro is currently inactive, having ceased to operate in September 2025.
- When was InnovoPro founded and where is its headquarters located?
- InnovoPro was founded in February 2013 and is headquartered in Ra'anana, Israel.
- What was the total amount of funding raised by InnovoPro?
- InnovoPro raised a total of $23,750,000 across multiple funding rounds. For a full financing history, please refer to startupim.
- Which investors participated in InnovoPro's Series B funding round?
- In April 2020, InnovoPro completed its Series B round with JVP as the lead investor, alongside Wolfgang Leitner and CPT Capital.
- Did InnovoPro receive any notable awards or recognitions?
- In 2021, InnovoPro was recognized by the United Nations as one of the 50 leading SMEs shaping the future of global food systems and won the Good For All Best Small Business award. In 2022, its CP-Pro 70 was a finalist in the Sustainable Food Awards.
- What was a significant partnership for InnovoPro in North America?
- In November 2022, Ingredion and InnovoPro signed an exclusive commercial distribution partnership for North America.
- What was the status of InnovoPro in July 2025?
- In July 2025, InnovoPro entered insolvency proceedings, as reported by Globes and Calcalistech.
- When did InnovoPro establish a presence in the United States?
- In December 2020, InnovoPro opened a US subsidiary in Queens, New York, to expand its chickpea protein market traction.
Sectors & technology
Primary sector
Agriculture & Food Technologies
Sub-sectors
Climate TechFood & Land UseSustainable ProteinsAgriculture & Food TechnologiesFood TechNovel Food & Ingredients
Technologies
Materials & SubstancesRaw Materials
Target customers
Agriculture & FoodProcessed FoodsIngredientsPreserves & PreparedFood Retail & Consumption
Business model
B2B
Highlights
1 PatentsVerified
Tags
sustainable-proteinsclimate-techfood-and-beveragesupplementsagtechbiotechnologyfoodtechfood-ingredientsnutritionalternative-proteinvegansnon-gmoretailers