Innovopro

Company Overview

Snapshot

Founded in February 2013 by Taly Nechushtan, Innovopro operates with 11–50 employees. The company has raised $23.75M across 3 disclosed funding rounds from 9 investors. In September 2025, Innovopro ceased to operate.

Business overview

InnovoPro is a foodtech company that develops a chickpea protein-based platform for the global B2B food and beverage industry. Its core product, CP-Pro 70, is designed to create nutritious, tasty, and sustainable food products, offering an excellent nutritional profile and "free-from" properties for wide usability. The company operates within the Agriculture & Food Technologies sector, focusing on novel food and ingredients for processed foods and food retail markets.

Strategic signal

In July 2025, InnovoPro entered insolvency proceedings, despite having raised $27M. This development signals a significant challenge in the alternative protein market, indicating that even well-funded companies with innovative products can face operational difficulties, prompting investors to scrutinize business models and market adoption more closely in the foodtech sector.

Company Intelligence Q&A

What is the primary focus of InnovoPro?

InnovoPro focuses on developing a chickpea protein-based platform for the global B2B food and beverage industry, enabling the creation of nutritious, tasty, and sustainable food products.

When did InnovoPro cease operations?

InnovoPro ceased to operate in September 2025.

What was a significant recent event for InnovoPro?

In July 2025, InnovoPro entered insolvency proceedings, despite having raised $27M in funding.

Who was a lead investor in InnovoPro's April 2020 funding round?

JVP was a lead investor in InnovoPro's April 2020 funding round, which saw the company raise $15 million.

What was a key partnership for InnovoPro in November 2022?

In November 2022, Ingredion entered into an exclusive commercial distribution partnership with InnovoPro for North America.