Equinom raises US$10million to accelerate growth

Equinom has raised $10 million of funding, led by BASF Venture Capital, Roquette, and Trendlines Group to help it shape the future of plant protein by designing smarter seeds.

According to the business, smart seeds are more nutritious than traditional commercial varieties, featuring protein and oil contents among the highest in the market. Equinom introduces such high-value characteristics and organoleptic properties by combining advanced sensory technologies with high-throughput protein analysis systems.

Gil Shalev, CEO of Equinom, founded the company eight years ago with a drive to feed the world with nutritious, high protein food. Under his leadership, Equinom has been building a new “ecosystem” that directly connects food companies to the supply chain, bringing greater transparency and paving the way for more responsible sourcing of high-value plant protein.

Equinom is the first company to design seeds exclusively for the food industry, enabling clients to choose specific varieties for their needs.

An example of the success of Equinom’s mission is that in just five years, the company has become the preferred supplier for sesame seeds by generating mechanically harvestable varieties. These seed stocks are now being grown worldwide.

“We also plan to launch our high-protein pea variety in 2021,” said Shalev. “Equinom will continue working with plant-based food ingredients and food companies to help create tasty, “cleaner” plant-based applications. We already have clients producing products with our smart grains, which provide higher quality, improved nutritional values, and lower production costs.”

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