Innovopro

Chickpea Protein Platform

Agriculture & Food Technologies
Non Active, Sep 2025 ceased to operate

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. InnovoPro was recognized by the United Nations in 2021 as one of the 50 leading SMEs shaping the future of global food systems.

Business overview

InnovoPro is a foodtech company specializing in the development and production of chickpea protein-based platforms for the global B2B food and beverage industry. Its core product, CP-Pro 70, offers an excellent nutritional profile, is free from common allergens, and is widely applicable in creating nutritious, tasty, and sustainable food products. The company serves various markets within the Agriculture & Food Technologies sector, focusing on food ingredients and alternative proteins.

Strategic signal

In July 2025, InnovoPro entered insolvency proceedings despite having raised $27 million. This development signals significant operational challenges within the company, indicating a critical juncture for its future trajectory and raising questions about the sustainability of its business model in the competitive foodtech landscape.

Company Intelligence Q&A

What is InnovoPro's primary product?
InnovoPro's primary product is CP-Pro 70, an award-winning chickpea protein-based platform designed for the global B2B food and beverage industry to create nutritious, tasty, and sustainable food products.
When did InnovoPro enter insolvency proceedings?
In July 2025, InnovoPro entered insolvency proceedings, as reported by Globes and CTech.
Which organizations recognized InnovoPro for its contributions to food systems?
In 2021, InnovoPro was recognized by the United Nations as one of the 50 leading SMEs shaping the future of global food systems and won the Good For All Best Small Business award. In 2022, InnovoPro's CP-Pro 70 was a finalist in the Sustainable Food Awards in the Sustainable Ingredient Category.
Did InnovoPro form any significant distribution partnerships?
In November 2022, Ingredion and InnovoPro signed an exclusive commercial distribution partnership for North America.
What was a key strategic move for InnovoPro in the US market?
In December 2020, InnovoPro opened a US subsidiary to capitalize on the growing traction of chickpea protein in the market.

External links