Chunk Foods News
5 articles
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In Mexico? Help yourself to some Israeli plant-based meat - ISRAEL21c
Israeli startup Chunk Foods has announced a partnership with Better Balance to develop a new range of plant-based, whole-cut meats. This collaboration aims to cater to the tastes and lifestyles of Mexican consumers, with co-branded products now available for foodservice in Mexico. Chunk Foods also secured $7.5 million in seed funding led by Cheyenne Ventures, bringing its total seed funding to $22 million. Notable investors include Robert Downey Jr.s FootPrint Coalition. The partnership and investment are expected to drive innovation and growth in the plant-based segment.
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Chunk Foods secures funding, Latin America deal for plant-based whole cuts | TechCrunch
Plant-based protein producer Chunk Foods has secured $7.5 million in seed extension funding and formed a strategic partnership with Latin American meat and dairy producer Sigma Alimentos. The partnership will see Chunks products introduced to Latin America for the first time, with availability expected in Mexico later this year. The funding, led by Cheyenne Ventures, brings Chunks total seed round to $22 million and its total funding to $24 million. The funds will be used to expand the companys commercial and operations teams in the US and increase manufacturing capacity.
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Chunk Foods gears up for US launch of plant-based whole cuts following $15m seed round
Israeli startup Chunk Foods is preparing to launch its plant-based meat in the US foodservice market after raising $15 million in a seed round. The funds will be used to expand the team and complete the construction of a plant in Israel. The company uses a proprietary solid state fermentation process to ferment soy flour with food-grade microorganisms, which is cheaper than using high-moisture extrusion or submerged fermentation. The companys first products will be soy-based, but the technology also works with other plant-based flours. The product is currently being served at high-end vegan restaurants in New York City.
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Israeli meat-alternative startup Chunk Foods raises $2 million in pre-seed led by Stray Dog Capital
Israeli startup Chunk Foods has completed a $2 million pre-seed round led by Stray Dog Capital, Good Seed Ventures, and the E14 Fund. The company utilizes fermentation technology to produce whole-cut plant-based meat products. The funding will be used to further develop the startups products and hire additional employees. The plant-based meat industry has seen significant investment, with $3.1 billion invested in alternative protein companies in 2020. Chunk Foods operates in the fermentation sector, which saw nearly $600 million in investments in 2020. The company aims to develop beef and fish alternatives using a clean label and a short list of healthy ingredients.
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Stray Dog Capital Invests in Chunk Foods, Innovator of Whole-Cut Alternative Protein Products - VEGWORLD Magazine
Stray Dog Capital has invested $2 million in Chunk Foods, an Israel-based plant-based meat company. The investment round indicates the rapid growth of the plant-based industry, with alternative protein companies receiving $3.1 billion in investment dollars in 2020. Chunk Foods utilizes solid-state fermentation technology to produce healthy, realistic whole-muscle meat alternatives. The funding will be used to improve the companys products and make key hires. Chunk Foods aims to develop beef alternatives using recognizable ingredients and no artificial additives. Stray Dog Capital believes that Chunk Foods technologies have the potential to bring realistic plant-based meat products to market. The companys vision aligns with consumers desire for healthy, nutritious, and clean label options.
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