“Fat is flavor” is a well-known culinary principle.
But nutritional research suggests consuming too much animal fat may be a factor in the development of many health conditions from dementia to male infertility to Crohn’s disease.
A cutting-edge plant protein-based fat solution, Fatrix, will soon go into commercial production to help food manufacturers reduce total fat and especially saturated fat content.
The product’s developer, Israeli food-tech startup Gavan Technologies, has raised $8 million in a Series A round led by MoreVC of Israel with participation from Lever VC; EIT Food, a European Union-supported platform for sustainable food innovations; and DarkBoot Group, a private equity firm involved in Gavan’s incubation.
“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 cofounder and CEO.
Gavan Technologies was cofounded in 2018 by Uri Jeremias, an award-winning restaurateur and entrepreneur based in Acre (Akko), northern Israel. Jeremias serves as the company’s head of culinary.
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Gavan Technologies Vice President of R&D Irit Ventura is a Technion alum.
