Israeli food tech startup inks €1.5 million R&D deal to ramp up production
By: Sharon Wrobel
Local food tech startup Meat. The End (MTE) on Tuesday announced a €1.5 million deal with a European machinery company to enhance R&D operations and ramp up the production capacity of plant-based meat alternatives, two months after scoring a deal to develop plant-based Whoppers for Burger King Israel.
The developer of protein ingredients that improve the texture of alternative meat described the unnamed European company as a “world leader in industrial mechanization equipment.”
As part of the purchase deal, the plant-based meat startup says it is seeking to develop the first industrial line in Israel of texturized protein ingredients using extrusion-based technology. The European company will also provide technical assistance for its R&D operations, MTE said in a statement.
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