Gavan Overview
Gavan developed an alternative fat solution using an exclusive protein extraction platform that extracts proteins from plants in their natural state. These proteins are then combined to form a cohesive structure that binds vegetable oil and water, resulting in the creation of Fatrix, a plant-based oleogel using 20 times less protein than prevalent alternatives on the market. Fatrix demonstrates exceptional performance in texture, taste neutrality, scale optimization, and cost efficiency.
Cumulative Funding Raised Over Time ($)
$8.0MDec 2024
$8.0MMar 2021
Latest News
growth-positive
Gavan Raises USD8M in Series A Funding
Gavan, a foodtech startup based in Acre, Israel, has successfully raised USD 8 million in Series A funding. The investment round was led by MoreVC, with contributions from Lever VC, EIT Food, and DarkBoot Group. The funds will be utilized to establish a new pilot production facility in Cyprus, set to begin operations in April 2025, and to expand Gavans commercial presence in Europe, particularly in the bakery and dairy sectors. Gavan specializes in developing functional ingredients for the food industry, focusing on sustainable, plant-based protein extraction technology. Their flagship product, Fatrix®, is designed as an alternative fat solution for the bakery, meat, and dairy markets.
InvestmentExpand
growth-positive
Foodtech startup Gavan raises $8 million Series A to commercialize plant-based fat | CTech
Gavan Technologies, a FoodTech startup, has successfully raised $8 million in a Series A funding round. The round was led by MoreVC, with participation from Lever VC, EIT Food, and DarkBoot Group. The funds will be used to establish a new pilot production facility in Europe and expand Gavans commercial presence, particularly in the bakery and dairy sectors. The facility, set to begin operations in April 2025, will produce Gavans alternative fat solution, Fatrix, which is designed to improve the nutritional profile of food products by reducing saturated fat content. This investment marks a significant step for Gavan as it aims to enter the European market and enhance its impact in the food industry.
InvestmentExpand
| Sector | Agriculture & Food Technologies |
Funding
| Total funding | $8M |
| Last funding | $8M |
| Stage | A |
| Rounds | 2 |
| Investors | 5 |
Team Members
6
Employees: 51-200
Web & Social Links
| Website | www.gavan.bio |
Locations
Baltimore St 23, Acre, Israel
Photos & Videos
No files yet
Gavan Business
Business models
B2B, B2B2C
Product stage
Beta
Employees
51-200
Sector
Climate TechFood & Land UseSustainable ProteinsAgriculture & Food TechnologiesFood TechFood Trade & ServicesFood ProcessingTarget Customer
Agriculture & FoodProcessed FoodsIngredientsCore Technology
BiologicalsMicroorganismsTags (10)
climate-techfood-and-beveragebiotechnologyfood-additivesfoodtechnovel-ingredientsfood-ingredientsnon-gmoalternative-proteinproteinsGavan Financials
$8M
Total funding
Undisclosed
Capital raised
$8M
Last funding
A
Funding stage
2
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
$8.0MDec 2024
$8.0MMar 2021
Private Equity Funding
A Round
Dec 2024
$8M
MoreVC (Lead)
,
Lever VC, theFoodTechLab, EIT Food Accelerator Network
Undisclosed Round
Mar 2021
Undisclosed
DB Group Investments
Gavan Lifecycle
Cumulative Funding Raised Over Time
$8.0MDec 2024
$8.0MMar 2021
All Events
A Round
Dec 2024
$8M
MoreVC (Lead)
,
Lever VC, theFoodTechLab, EIT Food Accelerator Network
Undisclosed Round
Mar 2021
Undisclosed
DB Group Investments
Gavan News
2 articles
growth-positive
Gavan Raises USD8M in Series A Funding
Gavan, a foodtech startup based in Acre, Israel, has successfully raised USD 8 million in Series A funding. The investment round was led by MoreVC, with contributions from Lever VC, EIT Food, and DarkBoot Group. The funds will be utilized to establish a new pilot production facility in Cyprus, set to begin operations in April 2025, and to expand Gavans commercial presence in Europe, particularly in the bakery and dairy sectors. Gavan specializes in developing functional ingredients for the food industry, focusing on sustainable, plant-based protein extraction technology. Their flagship product, Fatrix®, is designed as an alternative fat solution for the bakery, meat, and dairy markets.
InvestmentExpand
growth-positive
Foodtech startup Gavan raises $8 million Series A to commercialize plant-based fat | CTech
Gavan Technologies, a FoodTech startup, has successfully raised $8 million in a Series A funding round. The round was led by MoreVC, with participation from Lever VC, EIT Food, and DarkBoot Group. The funds will be used to establish a new pilot production facility in Europe and expand Gavans commercial presence, particularly in the bakery and dairy sectors. The facility, set to begin operations in April 2025, will produce Gavans alternative fat solution, Fatrix, which is designed to improve the nutritional profile of food products by reducing saturated fat content. This investment marks a significant step for Gavan as it aims to enter the European market and enhance its impact in the food industry.
InvestmentExpand
Gavan Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 104 |
| Team members | 6 |
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Gavan Internal
Recent Updates
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Admin Info
| Confidence | 97/100 |
| Missing | video or image, markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515807543 |
| Crunchbase | gavan |
| Creator | Itai Cohen |
| Creator email | Ayelet@gavan.bio |
| Last updater | Ortal Wein |
| Updater email | ortalw@sncentral.org |
| Last update | 2024-05-06T00:00:00.000Z |
| Created | 2021-10-04T00:00:00.000Z |
| Claimed | Yes |