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With $8 Million War Chest, Chickpea Product Company Is Going To Market

April 21, 2017: 12:00 AM EST
As plant-based foods continue to capture the attention of consumers everywhere, a start-up focusing on chickpea products has garnered an $8 million investment from a team of venture companies, including an arm of Tate & Lyle. Nutriati announced that Tate & Lyle Ventures of the U.K. had joined U.S. firms Powerplant Ventures, NRV and Blueberry Ventures in the funding round that will provide the cash needed to get its products to market. Successful consumer testing has been completed, and it is expected that products will be commercialized within the next 9-12 months. The company’s organoleptic ingredient platform enables food manufacturers to create plant-based foods with previously unattainable taste, texture and nutritional profiles.
Robin Wyers, "Tate & Lyle Leads US$8 Million Investment in Chickpea Innovator Nutriati", Food Ingredients 1st, April 21, 2017, © CNS Media BV
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