PoLoPo News
7 articles
growth-positive
PoLoPo, a company developing technology to grow animal-based protein in potatoes, won first place in the Next Gen Impact competition for women entrepreneurs hosted by Yazamiyot in collaboration with Microsoft, Luzzatto group, KPMG, Ofakim Travel, and Calcalist. Only 30% of the high-tech workforce is female, and the numbers are even lower in entrepreneurship.
PoLoPo, a company innovating in the food industry by developing technology to grow animal-based protein in potatoes, won first place in the Next Gen Impact competition for women entrepreneurs. The competition, organized by Yazamiyot in collaboration with Microsoft and other partners, aims to promote female entrepreneurship in the tech industry. PoLoPos method involves genetically engineering crop seeds to produce proteins, offering a cost-effective alternative to egg-derived proteins. The event highlighted the importance of female leadership and the need for more women in influential positions. The competition also featured other innovative startups, such as Re-Fresh Global and Symbiosis, focusing on sustainable fashion and medical devices, respectively.
Product Stage
growth-positive
PoLoPo to Supply Potato Protein After Demand From Clients
PoLoPo, an Israeli startup specializing in molecular farming, is now supplying patatin, a native potato protein, in response to demand from its egg protein clients. The company uses its SuperAA platform to grow proteins within potatoes, offering a cost-effective alternative to current market standards. PoLoPos patatin boasts high nutritional value and functional attributes, making it suitable for various food categories. The company is scaling up production in Israel and awaits USDA approval to enter the US market. PoLoPo aims to offer competitive pricing in the $105M potato protein market, leveraging its innovative approach to enhance yields and reduce costs. The company closed a $2.3M pre-seed investment round last year and is open to further fundraising.
Customers
PoLoPo Seeks USDA Approval, Says Production of Egg Proteins in “Plants, Not Animals, Will Set Off a Domino Effect in Sustainability”
PoLoPo Unveils Molecular Farming Platform in Potato Plants to Grow Egg Proteins
growth-positive
PoLoPo Unveils ‘SuperAA’ to Turn Potatoes Into Protein Factories Via Molecular Farming
Israel-based startup PoLoPo has successfully deployed its molecular farming technology at a greenhouse production scale. The company uses genetically engineered potatoes to produce egg proteins, which are then processed into protein powders. This innovative approach, known as the SuperAA platform, leverages the scalability and cost-effectiveness of traditional farming techniques. The demand for egg-derived ingredients like ovalbumin, which enhances food texture and shelf life, is growing, especially due to recent shortages caused by avian flu outbreaks. PoLoPo plans to sell these protein powders to food manufacturers, tapping into a global ovalbumin-powder market projected to reach $36 billion by 2032. Last year, PoLoPo raised $1.75 million in seed funding to support its endeavors.
Investment
growth-positive
"We can revolutionize the food industry by offering a sustainable and safer protein source" | CTech
PoLoPo, an ingredient company, has raised $1.75 million in a pre-seed funding round to develop plant-derived animal-based proteins. The company aims to address the challenges faced by the egg-protein market, such as bird flu outbreaks, contamination risks, and egg shortages, by offering a safer and more efficient solution. PoLoPos plant-derived product eliminates the need for animal pathogens, ensuring a solid and sustainable supply chain. The company plans to produce egg protein powder for use in commercial food products, targeting the $26.6 billion egg protein market. The funding will be used for research and development, production of functional samples, and regulatory compliance. PoLoPos founders have expertise in plant sciences and synthetic biology in plants. The companys innovative approach has the potential to revolutionize the food industry by providing a sustainable and safer protein source.
Investment
growth-positive
PoLoPo Raises $1.75 Million In Seed Funding For Potato Protein
Israel-based startup PoLoPo has secured $1.75 million in a Pre-Seed funding round for its molecular farming potato-based technology. The funding will support PoLoPos technology platform, starting with replicating ovalbumin, the protein found in egg white. PoLoPos goal is to produce better food for the world and reduce the carbon footprint of the production process. The companys innovative approach to protein production has gained recognition and it has already won startup competitions and secured investments.
Investment
