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Friday, January 27, 2023

Israeli food tech startup signs million-dollar deal to scale up production

meat. The End (MTE) on Tuesday reached an agreement with a European machinery company to improve R&D operations and increase production capacity for plant-based meat alternatives, two months after reaching an agreement to develop the Vegetable Whopper for Burger King Israel. 1.5 million deal announced.

Developer of protein ingredients that improve the texture of alternative meats The unnamed European company was described as “the world leader in industrial mechanization equipment”.,

As part of the purchase deal, the plant-based meat startup says it seeks to develop Israel’s first industrial line of textured protein ingredients using extrusion-based technology. The European company will also provide technical support for its R&D operations, MTE said in a statement.

“This technology is expected to make a huge contribution to solving the problem of world hunger,” said MTE founder Yishai Mishor. “In the world of tomorrow’s proteins, Whoever controls the advanced extrusion techniques will control the raw materials on the market,

“Meet. The End is moving in that direction,” Dr. Mishor said.

The purchase agreement came after MTE secured its first commercial customer in October, announcing plans to develop plant-based meat alternatives and launch meat-free menu items with Israeli franchise operator Burger King.

Founded in 2020, MTE develops protein ingredients for the meat-substitute market, focusing on a texture that the startup says aims to mimic the chew and bite of real meat.

While other alternative food technology companies, such as Impossible Foods and Beyond Meat, are betting on the taste factorMTE believes that texture is the key to “satisfaction” of consumers who crave something more meaty.

MTE uses existing extrusion technology, a process to form an object shaped like a hamburger, and patented steps along a production line to produce a Textured Protein Ingredient (TPI) or Textured Vegetable Protein (TVP) infuses it. Plant based burger.

“Our unique technology incorporates a novel approach to industrial extrusion processes and a revolutionary protein pre-treatment,” Mishor said in October.

As producers of plant products need to increase production and reduce costs to meet increasing consumer demand, israeli startup It also intends to license the production technology to other food technology companies.

A common technique in the commercial production of cereals, puffed snacks, bars and pasta, extrusion requires fewer resources such as energy and water, and is therefore less expensive than other production processes, explains MTE.

World Nation News Desk
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