Company Overview
Snapshot
Founded in April 2019 by Roy Naaman, Gil De Picciotto, and Yoel Benesh, Torr Foodtech operates with 11–50 employees. The company has raised $12 million across two funding rounds from three investors. In November 2022, Torr Foodtech secured Series A funding, with Harel Insurance & Finance participating.
Business overview
Torr Foodtech, a portfolio company of The Kitchen Hub, develops healthy snacks using its proprietary technology to create products from real food ingredients. The company's core technology enables the production of 100% natural snacks free of binders, added sugars, and preservatives. Torr Foodtech markets its products, including Upland Snacks, which are freeze-dried combinations of fruits, vegetables, and grains, to consumers within the food industry, focusing on the processed foods and snacks categories.
Strategic signal
In November 2021, Torr Foodtech announced its 'welding' technology, which eliminates the need for sugar binders in snacks. This innovation positions the company as a potential game-changer in the snacking industry by offering healthier alternatives, signaling a strategic move towards cleaner label products and addressing growing consumer demand for natural and minimally processed foods.
Log in to access full profile ›Company Intelligence Q&A
- What is Torr Foodtech's primary product?
- Torr Foodtech develops Upland Snacks, which are superfood snack bites made from freeze-dried fruits, vegetables, and grains, designed to be 100% natural and free of binders, sugars, and preservatives.
- When was Torr Foodtech founded and by whom?
- Torr Foodtech was founded in April 2019 by Roy Naaman, Gil De Picciotto, and Yoel Benesh.
- What was a significant funding event for Torr Foodtech?
- In November 2022, Torr Foodtech raised $12 million in Series A funding, with Harel Insurance & Finance participating.
- Which notable investor participated in Torr Foodtech's Seed round?
- In November 2020, SnackFutures, Mondelēz International's innovation hub, made a seed investment in Torr Foodtech, alongside.
- What is Torr Foodtech's technological innovation in snack production?
- Torr Foodtech utilizes a proprietary 'welding' technology that allows for the creation of snacks without the need for sugar binders, enabling 100% natural products free of binders, sugars, and preservatives.