ICL announcesfollow-on investment in Plantible Food, no terms

ICL (ICL) announced a follow-on investment in Plantible Foods, participating in the company’s Series B funding round. This investment builds upon ICL’s initial participation in Plantible’s Series A round and furthers the strategic collaboration between the two companies. In October of 2023, ICL Food Specialties, in collaboration with Plantible Foods, launched Rovitaris Binding Solution powered by Rubi Protein…”Our continued investment in Plantible Foods underscores our commitment to advancing sustainable and innovative solutions in the food industry,” said Hadar Sutovsky, vice president of Corporate Investments at ICL. ICL Group’s investment in Plantible Foods, and the development of innovative ingredients like Rovitaris Binding Solution, aligns with these market trends and helps position the company to meet the evolving demands of consumers and capitalize on new market opportunities.