FoodTech IL is the main event of the Israeli FoodTech ecosystem which brings entrepreneurs, investors, food industry leaders, government officials, researchers and service providers together.
This year's event, taking place on the 23 September, focused on connecting Israeli FoodTech innovators with global F&B companies and international investors. The 1500 attendees from 45 countries over the globe and had the opportunity to enjoy 6 inspiring sessions with 6 different themes. Also, during that day, 50 FoodTech startups exhibited.
Furthermore, as part of the FoodTech IL 2019, The Strauss Group and EIT Food launched a startup competition for seed and pre-seed agrifood companies in Israel. The proposed products or services had to fell into one of the following EIT Food’s strategic objectives:
- Making the food system better for people’s health,
- Making the food system better for the environment or/and
- Making the food system more trusted and transparent.
The jury was composed by Dr. Annick Verween, RisingFoodStars Manager at EIT Food, Adi Vagman, Founder and Managing partner of AgriNation VC, Dr. Gitay Kryger, Patent Attorney Foodtech Specialist at EHRLICH & FENSTER, Tamar Weiss, Manager of Strategic Programmes at Start-Up Nation Central, and Begoña Pérez-Villarreal, EIT Food South Director.
During the Demo Day the selected six finalists had to pitch their ideas. SOOS Technologies presented the incubation system they are developing which affects the sex development process in poultry embryo and turns genetic males into functional female chicks in order to eliminate the egg-production industry's male-chicks culling practice and substantially increase the production capacity for commercial hatcheries. Brevel talked about the groundbreaking technology they are developing for the cultivation of highquality microalgae at unprecedented costs. Nutricco exposed its patent-pending, cloud-based nutritional guidance system that helps users track, calculate, and manage their daily nutritional balance. Kinoko-Tech shared their work with new fermentation products based on edible mushrooms that grow on legumes and grains and which offer a solution for the rise in market demand for alternative proteins. SpareEat introduced its solution which consists on connecting merchants (restaurants, hotels, grocers, etc.) with consumers to allow them to buy unsold products at reduced prices. Else Nutrition presented the first 100% plant-based non-dairy, non-soy baby formula.
After the pitching, the jury evaluated each presentation and announced the winner of the EIT Food Innovation Prize. The first prize of 10.000€ was awarded to SOOS Technologies.
Begoña Pérez-Villarreal and Jospeh Gridley, RIS Business Development Manager, attended the conference and had the opportunity to meet people and explore the Israeli agrifood startup scene.