Company Overview
Snapshot
Founded in June 2019 by Leonardo Marcovitz, More Foods operates with 1–10 employees. The company has raised $1.75 million across two funding rounds. In June 2023, More Foods announced a collaboration with Osem-Nestlé for its pumpkin seed-based alternative protein products.
Business overview
More Foods is an AgriFood-tech company specializing in the creation of clean-label, plant-based meat alternatives. Utilizing pumpkin and sunflower seeds as primary protein sources, the company develops products with a short ingredient list and no major allergens. More Foods focuses on minimizing food waste by using side streams from the seed oil industry, offering a variety of cuts suitable for diverse culinary applications and serving the processed foods market within the Agriculture & Food sector.
Strategic signal
In February 2025, Migdal, More, and Altshuler Shaham were set to acquire a 30% stake in an online retail giant, valuing the company at $650 million. This indicates a significant strategic move towards market expansion and validation of More Foods' potential within the broader food industry, signaling strong investor confidence and a pathway to increased market penetration for its plant-based products.
Company Intelligence Q&A
- What is More Foods' core product offering?
- More Foods creates delicious and meaty products utilizing pumpkin and sunflower seeds as protein sources, offering clean-label, plant-based alternatives with a short ingredient list and no major allergens.
- When was More Foods founded?
- More Foods was founded in June 2019.
- What was a significant strategic collaboration for More Foods?
- In June 2023, More Foods announced a collaboration with Osem-Nestlé for its 'meaty' alternative protein products made from pumpkin seeds.
- What is More Foods' approach to sustainability?
- More Foods utilizes side streams from the seed oil industry to create hearty protein-packed, plant-based ingredients, thereby minimizing food waste and contributing to a future with less animal protein.
- What was a notable investment event involving More Foods?
- In February 2025, Migdal, More, and Altshuler Shaham were set to acquire 30% of an online retail giant, in a deal valuing the company at $650 million.