SavorEat News
24 articles
3 Middle Eastern Penny Stocks With Market Caps Below US$20M
Hub Girisim Sermayesi Yatirim Ortakligi A.S., a venture capital investment company with a market cap of TRY728 million, is currently facing financial challenges. Despite having no debt and short-term assets exceeding liabilities, the company is pre-revenue and unprofitable, with less than a year of cash runway. The companys share price has been volatile, and it has shown a negative return on equity with increased losses over the past five years. The boards experience averages 3.8 years, but management tenure details are lacking. These factors contribute to a growth-negative outlook for the company.
Product Stage
Middle Eastern Market Insights: 3 Penny Stocks Under US$20M Market Cap
Hub Girisim Sermayesi Yatirim Ortakligi A.S. is a venture capital investment company with a market capitalization of TRY453.60 million, focusing on innovative and high-growth potential businesses. Despite being debt-free and having short-term assets exceeding liabilities, the company faces financial challenges. It has less than a year of cash runway and has been experiencing increasing losses over the past five years, with a 40.9% annual increase. Recent earnings reported sales of TRY1.87 million for Q1 2025, but also showed an increased net loss to TRY311.11 million from TRY107.59 million the previous year, highlighting ongoing profitability issues.
/PRNewswire/ -- SavorEat Ltd. (TASE: SVRT), a pioneer at the intersection of AI, robotics, and food, announces a strategic collaboration with The Moseley Group...
SavorEat Ltd., a company at the intersection of AI, robotics, and food, has announced a strategic collaboration with The Moseley Group (TMG) to support the U.S. launch of its AI-powered robotic cooking platform, Robot-Chef 2.0. This partnership aims to redefine foodservice by leveraging robotics and AI to address industry challenges such as rising costs and declining quality. The collaboration enhances SavorEats go-to-market capabilities in the U.S. and follows recent milestones, including a commercial cooperation agreement with a major U.S. distributor and successful UL regulatory approval. SavorEats U.S. operations will lead the commercialization and deployment of Robot-Chef 2.0.
Partners
SavorEat and The Moseley Group Join Forces to Lead in the Future of Foodservice
SavorEat Ltd., a company at the forefront of AI, robotics, and food, has announced a strategic partnership with The Moseley Group (TMG) to support the U.S. launch of its AI-powered robotic cooking platform, Robot-Chef 2.0. This collaboration aims to redefine foodservice by leveraging automation and AI to address industry challenges such as rising costs and declining quality. The partnership with TMG, a leading F&B consultancy, provides SavorEat with strategic tools and expanded U.S. partnerships. The Robot-Chef 2.0 is designed for commercial kitchens and non-traditional foodservice environments, offering personalized, on-demand meals with minimal human intervention. SavorEat has also secured a commercial cooperation agreement with a major U.S. distributor and completed UL regulatory approval for North American deployment.
Partners
SavorEat Successfully Passes UL Standards Testing for Robot-Chef 2.0 - A Significant Step Toward Entering the U.S. Market
SavorEat Ltd., a robotics company, has achieved a significant milestone with the UL certification of its Robot-Chef 2.0, a robotic cooking platform designed for the U.S. foodservice industry. This certification, following rigorous safety and performance tests, confirms the systems compliance with high safety and operational standards. The achievement marks SavorEats transition from R&D to commercial reality, paving the way for its deployment in various institutional and commercial kitchens. The company is preparing for a commercial rollout in 2025 and is engaging with strategic and technology partners to support its international expansion.
Product StagePartners
/PRNewswire/ -- Robotics company SavorEat Ltd. (TASE: SVRT) announced today a major regulatory milestone: the UL certification of Robot-Chef 2.0, the company's...
SavorEat Ltd., a robotics company, has achieved a significant milestone by receiving UL certification for its Robot-Chef 2.0, a robotic system designed for autonomous meal preparation. This certification, following rigorous safety and performance tests, confirms the systems compliance with U.S. commercial standards. The achievement marks SavorEats transition from R&D to commercial reality, paving the way for its deployment in the U.S. foodservice industry. The company is engaging with strategic and technology partners to support its international expansion, with live demonstrations already underway in Chicago. The Robot-Chef 2.0 is designed for diverse environments, including healthcare and education institutions, and aims to reduce operational costs while providing personalized, high-quality meals.
Product StagePartners
Middle Eastern Penny Stocks Under US$20M Market Cap To Consider
The article discusses the varied performance of Gulf stock markets, influenced by tariff uncertainties and rising oil prices. It highlights investment opportunities in the region, particularly in penny stocks, which are smaller or newer companies with growth potential. Among the companies mentioned is Hub Girisim Sermayesi Yatirim Ortakligi A.S., a venture capital investment trust with a market cap of TRY448 million. Despite its focus on high-growth potential investments, the company is pre-revenue, with a negative return on equity and increasing losses over five years. The financial position is strained, with less than a year of cash runway and declining earnings, although short-term assets exceed liabilities.
SavorEat Archives Another Important Milestone Toward Commercialization in the U.S.
SavorEat Ltd., a publicly traded food-tech company, has signed a commercial management agreement with a U.S.-based firm to support its entry into the American market. This partnership is a significant step in SavorEats transition from development to commercialization of its Robot-Chef Version 2.0, a robotic unit designed for personalized food production. The agreement will facilitate SavorEats commercial operations in the U.S. by providing marketing, sales, and operational support. The Robot-Chef, which features 3D printing and autonomous preparation capabilities, is positioned to disrupt the foodservice industry. SavorEat aims to expand its strategic partnerships to enhance the adoption of its technology in the U.S.
Partners
Middle Eastern Market Highlights: Hub Girisim Sermayesi Yatirim Ortakligi Among 3 Prominent Penny Stocks
Hub Girisim Sermayesi Yatirim Ortakligi A.S. is a venture capital investment company with a market capitalization of TRY476 million. Despite being pre-revenue and unprofitable, with a net loss of TRY222.19 million for 2024, the company has no debt and maintains sufficient short-term assets to cover its liabilities. The firm benefits from a cash runway exceeding three years due to positive free cash flow growth. However, earnings have declined over the past five years by 23.6% annually. The company has not faced significant shareholder dilution recently, indicating some financial stability despite ongoing challenges.
Hub Girisim Sermayesi Yatirim Ortakligi Leads 3 Middle Eastern Penny Stocks To Watch
The article discusses the current state of Middle Eastern stock markets, highlighting the potential of penny stocks despite global trade tensions and declining oil prices. Among the companies mentioned, Hub Girisim Sermayesi Yatirim Ortakligi A.S. stands out as a venture capital investment company with a strong financial position, despite being pre-revenue. The company has a market cap of TRY487.20 million and benefits from a strong cash position, ensuring a runway exceeding three years. It operates without debt and has short-term assets surpassing its liabilities. The boards average tenure suggests experience, and shareholders have not faced significant dilution recently.
Investment
Israeli robot chef serves up 3D-printed beef patties to students in the US
Israeli food tech startup SavorEat, which produces 3D-printed, plant-based meat alternatives, has begun serving its products in the US. The companys robot chef machines have been deployed at two campuses at the University of Denver, where they are expected to print and serve about 10,000 plant-based meals. SavorEat partnered with Sodexo Operations for its US rollout, and plans to commercialize its robot chef and plant-based products at universities and tech company offices across the US. The company went public on the Tel Aviv Stock Exchange in 2020, raising NIS 42.6 million from Israeli institutional investors.
PartnersExpand
המלצר שלכם להיום: אפליקציה, השף: רובוט כלכליסט
Israeli food tech company SavorEat has launched a robot that prepares custom-made burgers based on orders from a mobile app. The companys first collaboration is with burger chain BBB. SavorEat has developed a technology for producing plant-based meat substitutes that provide the customer with a taste and experience similar to eating real meat. The products are made digitally by a smart robot controlled solely by the customer via an app. The customer can set their preferences, from the protein/fat ratio in the meal, through the size of the meal, to the cooking method.
PartnersCustomers
Israel's SavorEat presents its plant-based burgers to the general public
Israeli foodtech company SavorEat has officially launched its flagship product, a plant-based burger, at burger restaurant chain BBB. Customers can order personalized 3D-printed burgers that cater to their unique tastes, textures, and dietary needs. The burgers are printed without allergens, genetic engineering products, or gluten. SavorEat has also partnered with Sodexo to commercialize its robot chef in American college campuses and established a subsidiary to develop plant-based egg alternatives. The company aims to transform the food industry by providing healthy and environmentally friendly plant-based alternatives to conventional meat.
CustomersPartners
חברת ההסעדה סודקסו בשת"פ עם סבוריט הישראלית, יצרנית תחליפי בשר כלכליסט
Food service company Sodexo has partnered with Israeli plant-based meat manufacturer SavorEat to enter the meat substitute market. The first pilot will take place in the US, where Sodexo will prepare and sell SavorEats plant-based meat substitutes in its dining locations. Initially, the substitutes will be sold in food complexes in higher education institutions managed by Sodexo in the US market. As part of the pilot, Sodexo will pay SavorEat for the costs and expenses for the activity and entry into the US market.
PartnersExpand
https://www.hayadan.org.il/savoreat-%D7%9E%D7%A1%D7%9B%D7%9E%D7%AA-%D7%91%D7%94%D7%A6%D7%9C%D7%97%D7%94-%D7%9E%D7%91%D7%97%D7%A0%D7%99-%D7%98%D7%A2%D7%99%D7%9E%D7%94-%D7%9C%D7%94%D7%9E%D7%91%D7%95%D7%A8%D7%92%D7%A8-%D7%94
SavorEat, a company developing unique technology for the production of meat substitutes, has completed another milestone by conducting extensive taste tests. The tests were conducted for the companys first product, a plant-based burger, through the New-Sense Research Institute. The results showed that most of the respondents were satisfied, with most stating they would order SavorEats dish in a restaurant (75%). The score that indicates a high and acceptable threshold in the meat substitute industry is 7.7. SavorEats score, which stands at 8.2, proves the quality and taste of the product developed by the company and the publics interest in SavorEats dish.
Customers
Vegan burgers printed by robot;vegan eggs up next
Israeli company SavorEat has developed a Robot Chef that uses 3D printing technology to create custom-designed vegan burgers. The burgers are made from cellulose, a plant fiber derivative, and are cooked by an integrated grilling unit. SavorEat has partnered with the Burgus Burger Bar chain in Israel to bring the burgers to fast food diners. The company also plans to launch a vegan egg substitute called Egg n Up, which is based on the same cellulose technology. SavorEat raised $2.5 million in funding from Millennium Food-Tech and went public on the Tel Aviv Stock Exchange, raising an additional $13 million. The company aims to provide quality, healthy, and tasty plant-based products to consumers and sees opportunities in the global egg market.
Partners
3D Meat Printing Startup SavorEat Goes Public, Raises $13M via IPO
Israeli startup SavorEat has had an IPO on the Tel Aviv Stock Exchange, raising $13 million in funding. The company is focused on developing a 3D printing platform for plant-based meat alternatives. The IPO funds will be used to continue developing their unique technology, which allows for simultaneous printing and cooking of the meat. SavorEat is the first plant-based meat printing startup to trade on Israels stock exchange. The company plans to use the funds for technology development, product enhancement, market penetration, and seeking global partnerships, particularly in the US market. Being publicly traded in Israel is considered a big deal, and SavorEat will have to report financial results every 6 months.
Public TradingInvestment
Food-tech co SavorEat raises NIS 42.6m in TASE IPO
SavorEat, an Israeli food-tech company, has raised $13 million in the first-ever food-tech Initial Public Offering (IPO) on the Tel Aviv Stock Exchange (TASE). The company, which produces meat alternatives using innovative plant-based formulas, 3D printing and advanced cooking methods, attracted large demand from investors. The companys valuation for the offering was $50 million. SavorEat has also signed a cooperation agreement with the BBB chain, which includes consultancy in developing the products and installing the systems in the chains kitchens as part of the development process.
InvestmentPublic TradingPartners
גם הרובוט-שף של חברת תחליפי הבשר סבוריט בדרך לבורסה בת"א
SavorEat, a food-tech company specializing in plant-based meat substitutes, is planning to go public on the Tel Aviv Stock Exchange. The company has developed a system for producing various types of plant-based meat substitutes that aim to replicate the taste and texture of animal meat as closely as possible. The first product SavorEat is focusing on developing is a plant-based burger. The company estimates that the investment required to develop its robot-chef system for producing the burgers will reach about $2.5 million in the coming year.
Public TradingInvestment
3D-printed, robot grilled, meatless burgers. Need I say more?
Israeli startup SavorEat is developing a whole ecosystem for its vegan burger products that closely resemble real meat. The company aims to create a meaty sensation without using any animal products. SavorEats raw material can transform into various meat-like textures and can be stored at room temperature for months. The company has received $3 million in Series A funding from Meitav Dash. SavorEat plans to pilot its products at an Israeli burger chain next year. The funding will be used for research and development, as well as financing the pilot. SavorEat also plans to expand its product range to include other types of meat and seafood. The company was founded in 2018 and currently has 10 employees.
Expand
Mor, Meitav Dash to invest $3m in meat alternative co SavorEat
Israeli plant-based meat alternatives company SavorEat has received a $3 million investment from Mor and Meitav Dash. The investment is at a company valuation of $25 million and will be conducted in two stages. SavorEat has developed technology that combines ingredients from an innovative plant-based formula, 3D robot printing, and advanced cooking methods. The technology allows the company to manufacture and cook products that imitate the taste and texture of meat. SavorEat aims to provide a quality and healthy alternative to meat and believes that the investment will help them bring their unique technology to the market.
Investment
SavorEat Plans to Build an Appliance For The Home That Prints & Cooks Meat
SavorEat, an Israeli 3D food printing startup, is working on a product that can print and cook food instantly for quick service food chains. The company is starting with one of the biggest chains in Israel, BBB (Burgus Burger Bar), and plans to commercialize the product on a larger scale two years from closing its current financial round. SavorEat is looking to close a $3.5 million seed round led by Next Food, an Israel based food tech investment fund. The companys technology prints and cooks simultaneously, allowing for a high degree of precision over the final product.
InvestmentPartners
Israeli burger chain plans vegan 3D-printed burgers
Israeli hamburger restaurant group Burgus Burger Bar has partnered with SavorEat to develop a digital chef system for plant-based burgers. The partnership aims to integrate SavorEats 3D printing platform into the groups restaurants within two years. SavorEats platform uses ingredient cartridges to create personalized plant-based burgers, with a key ingredient being a shelf-stable submicron crystalline cellulose. The partnership will help SavorEat understand the operations of a chain restaurant and target the chain restaurant market. SavorEat, a Rehovot-based startup, is seeking additional funding and collaborations with multinational companies.
PartnersInvestment
Printed Cellulose Burgers: Soon at a Restaurant Near You!
Israeli restaurant chain BBB has partnered with 3D vegan burger printing company SavorEat. BBB will take part in the final stages of SavorEat’s product development and will serve the printed burgers exclusively at its restaurants. A pilot is planned for mid-2021. The partnership is part of BBBs efforts to introduce more sustainable products. SavorEats technology was developed by Oded Shoseyov, a professor at the Hebrew University of Jerusalem. The company aims to enter the restaurant industry with the help of BBBs experience.
PartnersCustomers
