Machinery News
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Gavan Secures USD8M to Commercialize Cutting-Edge Plant-Based Fat
Start-up is establishing a new European facility for commercial production of its plant-based Fatrix® fat Caesarea, Israel – FoodTech start-up Gavan Technologies, Ltd. announces it has raised USD8M in A-round funds. This fresh capital infusion will enable Gavan to break into the European food market with its cutting-edge plant protein-based fat solution, Fatrix®. The funding round was led by MoreVC, a prominent Israeli venture capital firm, with participation from Lever VC, a global leader in food and agri-tech investment; EIT Food, a European Union-supported platform for sustainable food innovations; and DarkBoot Group, a private equity firm involved in Gavan’s incubation. The proceeds will be used to establish a new pilot production facility in Europe and expand Gavan’s commercial presence in Europe with focus on the bakery and dairy sectors. The site, planned to commence operations in April, 2025 will feature a state-of-the-art production line for Gavan’s alternative fat solution. Fatrix is designed to help food manufacturers reach a superior nutriscore for their product by reducing total fat and especially saturated fat content. Using Fatrix as a fat source reduces dependency on animal fats and awards exceptional sensory value as well as cleaning the label from undesired emulsifiers. Like Butter Fatrix is a multifunctional plant-based fat developed by the foodTech visionaries at Gavan and can act as a one-to-one replacement for butter in a comprehensive range of bakery products and dairy alternatives. Its all-natural fat formula is composed of three simple ingredients: protein isolate, vegetable oil, and water, formulated into a high-performance gel. Gavan’s patented technology enables the protein to perform as an optimal binder for the water and oil. This results in a smooth, stable, and flavorless emulsion. It also has a very low content of saturated fats and zero trans fats as it is not hydrogenated. Fatrix is already approved for market, and does not require novel foods regulatory approval. “This funding round opens the door for Gavan to enter the European food market, where we can quickly make a positive impact. Our new, fully EU-certified facility is planned to go commercial as early as April next year,” declares Itai Cohen, Gavan’s co-founder and CEO. Fatrix fills the market gap for a clean-label fat substitute that is craveworthy, highly functional, and affordable. “It is neutral in flavor, odorless, and highly versatile, making it possible to create any texture required,” adds Cohen. "It maintains stability and water- and fat-holding capacity even under processing conditions of high heat and physical pressure.” Fatrix is a scalable and cost efficient fat solution that has demonstrated its capacity for creating indulgent buttery sensations across multiple bakery products like brioche and croissants. It adds functional value to dairy analogs such as whipping creams, cooking creams, cream cheeses, and puddings without the need for added thickeners or stabilizers. It also allows for cleaner, more consumer-friendly labels. Gavan’s zero-waste platform is compatible with a diverse range of plant-based oils and legumes allowing it to provide tailored solutions to meet specific customer preferences or application requirements. “Fat plays an essential role in the creation of almost all foods. It gives depth to flavors, elevates textures, and enhances the dining experience in general,” adds Rony Patishi-Chillim, Venture Partner of MoreVC. “The food industry is in need of a plant-based fat that can provide the same indulgent flavor and mouthfeel as butter, while supporting sustainability and personal well-being. Gavan’s unique fat creation platform is market-ready and has the potential to make a truly meaningful contribution to the USD253B fats and oils market.” “As early investors in the alternative protein space, we’ve evaluated countless fat solutions aiming to replace butter or animal fats,” says James Caffyn, Partner at Lever VC. “Gavan’s platform stands out as the most compelling, offering a unique ability to partner with large corporates while achieving capital-efficient scaling and competitive unit economics. These qualities position Fatrix® as a game-changer in the move towards healthier and cleaner-label foods.” About Gavan Founded in 2018, Gavan Technologies, Ltd. specializes in the development of functional ingredients for the food industry. With a strong emphasis on sustainability, Gavan offers plant-based protein extraction technology as an environmentally friendly alternative to traditional animal-derived products. Its flagship product is a multi-texture fat analogue, carefully crafted for the bakery, meat, and dairy markets, offering notable sensorial and nutritional benefits that aligns with Gavan’s responsible ingredient development ethos. By prioritizing innovation and environmental responsibility, Gavan actively contributes to shaping the future of the ingredient landscape. The company previously raised USD2.5M in seed funds. For further information, please contact: Company Contact: Gavan, Ltd. Mr. Itai Cohen Co-founder and CEO E-mail: info@gavan.bio Web : www.gavan.bio Press Contact: NutriPR Ms. Liat Simha Tel: +972-9-9742893 E-mail: liat@nutripr.com More
Industry News
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Food and Hotel Asia-Food & Beverage returns with Australia’s largest-ever presence at any global trade show
1,500 exhibitors with 40% new entrants, alongside 250,000+ products and innovations Experience the best of Australia as 2025 chosen Partner Country Debut of a Beverage Zone featuring the region's largest non-alcoholic options and first-ever Zero Mixology Challenge New competitions include the Individual Challenge Culinary and Individual Challenge Patisserie under the FHA Culinary Challenge. SINGAPORE, 10 MARCH 2025 – Food & Hotel Asia-Food & Beverage (FHA-F&B), Asia’s leading international food and beverage event, makes a return this 8-11 April 2025 in Singapore EXPO, cementing itself once again as the ultimate one-stop platform for Asia’s F&B professionals and industry leaders under one roof. 1,500 exhibitors, 80 group pavilions from more than 50 countries and regions, as well as 65,000 attendees from over 90 countries and regions will be expected. First-Time and Exclusive Participation Among the 1,500 exhibitors, more than 35% are new exhibitors, participating in the trade show for the first time, accounting for more than 900 new exhibitors bringing more diversity and innovation to the show. The Singapore Pavilion will feature over 80 local companies, including exclusive exhibitors such as Toh Thye San (SG) and Lim Joo Huat (SG) to highlight Singapore’s rich culinary heritage while spotlighting cutting-edge trends in food innovation and sustainability. As the Partner Country for FHA-Food & Beverage 2025, Australia will showcase its rich culinary heritage, innovative food trends, and vibrant brewing culture in this prestigious partnership. “FHA-Food & Beverage is the region’s leading food and beverage trade show, and it is important that Australian businesses feel strengthened in their efforts as they grow their business at FHA. 2025 marks 60 years of diplomatic relations between Australia and Singapore, serving as Partner Country at FHA-Food & Beverage in this milestone year underscores the depth of our bilateral relationship with Singapore and highlights our broader commitment to the region,” says Chris Morley, Trade and Investment Commissioner Hanoi, Southeast Asia Regional Agribusiness and Food Lead, Australian Trade and Investment Commission (Austrade). The EU Pavilion will present a diverse selection of high-quality food and beverages from all 27 EU Member States. "We are delighted to present the excellence and diversity of European food and beverages at FHA-Food & Beverage Singapore 2025. The EU Pavilion highlights our commitment to providing authentic, high-quality, safe, and sustainable agri-food products that reflect Europe’s rich and diverse culinary heritage. This event is a valuable occasion to strengthen business partnerships between the EU and Singapore. It reinforces our deep and strong trade ties and fosters new opportunities for collaboration in the food and beverage sector." says Iwona Piórko, European Union Ambassador to Singapore. Bold New Spaces and Competitive Events In recent years, non-alcoholic beverage consumption has steadily risen, driven by health-conscious consumers, particularly in Asian markets. Japan, leading the "sober curious" movement in the Asia-Pacific region, is projected to consume 621 million liters of non-alcoholic drinks by 20271. China’s non-alcoholic beverage industry is expanding rapidly, with revenues expected to nearly double from USD 99.55 billion in 2018 to USD 196.46 billion by 20282. Meanwhile, Singapore saw a 33.2% increase in non-alcoholic sales across all demographics in 20233. In line with the new generation of health-conscious consumers, FHA-Food & Beverage is proud to unveil a new Beverage Zone that showcases the latest trends and innovations in the beverage sector while providing attendees with a focused and comprehensive experience along with exciting new competitions, the “Zero Mixology Challenge” and “National Cocktail Challenge”. Building on the success of the 'Fashion Drinks Competition' by leading Food & Hospitality China, the "Zero Mixology Challenge" has been tailored to align with local preferences, trends, and market dynamics, which promotes product innovation and advance new consumption trends that resonate with today’s consumers. Other new additions to the FHA Culinary competitions include the rolling out of the first individual segments of the competitions, divided into Individual Challenge Culinary and Individual Challenge Patisserie. The challenges will this year be judged by teams of esteemed panels led by Chief Judge Otto Weibel (SG). He will be supported by other chef judges like Rudolf Muller (SG/CH), Frank Wedmann (DE), Sven Erik Renaa (NO), Clinton Zhu (CN), Chern Chee Hoong (MY), and Anderson Ho (SG). At the Chef’s Table leg of the competition, Andy Cuthbert, President of the World Association of Chefs Societies will also be sitting in as judge. Unveiling the Future of F&B Trends Unlock exclusive insights into the latest trends and breakthroughs in the F&B sector through two expertly curated seminars. The FHA Seminar will spotlight the future of food, covering trends, regulations, and innovations, while the Sustainable Food Future Seminar will address food security, sustainable packaging, and alternative proteins. "We are thrilled to welcome everyone to FHA-Food & Beverage 2025 in Singapore, Asia's premier international F&B exhibition. Over the years, this event has transformed into the leading global platform for the food industry, solidifying Singapore’s role as a dynamic culinary crossroads where global flavors converge with innovation. Now in its 47th year, FHA continues to be the must-attend business hub for global suppliers, offering unparalleled opportunities to connect with buyers across Asia and beyond, while staying ahead of shifting market trends and evolving consumer demands." says Mr. Ian Roberts, Vice President, Informa Markets, Asia Secure your free ticket to Asia’s leading international F&B event now at the official website: https://fhafnb.com till 7 April 2025, 6pm (GMT+8). On-site fee of SGD90 applies after. For press kit, kindly refer here: https://bit.ly/FHAfb25 - END – For Media Enquiries Informa Markets Belinda Goh Tel: +65 9066 0115 Email: Belinda.Goh@informa.com Brand Cellar Vanessa Chong Tel: +65 9787 5794 Email: vanessachong@brand-cellar.com Shane Yong +65 9074 3284 Email: shane@brand-cellar.com Amanda Lee Tel: +65 9236 7266 Email: amandalee@brand-cellar.com Hospitality, Food & Beverage at Informa Markets Informa Markets’ Hospitality, Food & Beverage portfolio includes a series of global in-person trade events and an online content platform Saladplate - aimed at fostering business relationships, enabling learning, and enhancing trade opportunities for the industry. With several established events within the portfolio such as Hotelex Shanghai, Food & Hotel Asia, HOFEX, Fispal Food Service, and Abastur, the portfolio together offers an unparalleled audience reach across the world. Staging 35 live and digital events in major cities including Shanghai, Hong Kong, Singapore, Ho Chi Minh City, Seoul, Kuala Lumpur, Mumbai, Bangkok, Sao Paulo, and Mexico City. Working alongside established industry partners, government bodies, and recognised professionals, the portfolio aims at bringing companies, individuals, and the industry to the forefront of global business innovation by offering solutions and opportunities that meet today’s business needs. About Informa Markets FHA-Food & Beverage is organised by Informa Markets, a division of Informa plc. Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. We provide marketplace participants around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, targeted digital services, and actionable data solutions. We connect buyers and sellers across more than a dozen global verticals, including Pharmaceuticals, Food, Medical Technology, and Infrastructure. As the world's leading market-making company, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days a year. For more information, please visit: www.informamarkets.com. More
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