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 innovation in the snack industry?
- Torr Foodtech has developed a 'welding' technology that eliminates the need for sugar binders in snacks, allowing for the creation of 100% natural products free of binders, sugars, and preservatives. This was highlighted in November 2021.
- When did Torr Foodtech raise its Series A funding round?
- Torr Foodtech raised its Series A funding round in November 2022. Harel Insurance & Finance and The Kitchen FoodTech Hub participated in this round.
- Which investors participated in Torr Foodtech's Seed round?
- In November 2020, Torr Foodtech received a Seed investment from SnackFutures and The Kitchen FoodTech Hub.
- What product has Torr Foodtech developed?
- Torr Foodtech developed Upland Snacks, which are freeze-dried superfood snack bites made from fruits, vegetables, and grains.
- What is the total capital raised by Torr Foodtech?
- Torr Foodtech has raised a total of $12 million across two funding rounds.