ChickP completes Round A of US$8M to accelerate growth under new CEO
FoodTech start-up ChickP, Ltd. names Liat Lachish Levy as the new CEO and has finalized Round A of US$8M in total. This investment round was led by a group of executive investors from Singapore under Genisys Capital Private, Ltd., and backed by strategic partner and plant-based nutrition foodTech company Growthwell Foods, Ltd. with its leading investor, Temasek Holdings. This follows earlier investments totalling US$10M.
“I am excited to join ChickP and lead it to global scale-up in an area that is, without a doubt, the most relevant in the food industry today,” enthuses Lachish Levy. “Completion of the current round of funding is an expression of confidence from our investors and partners in the company. I am glad to join ChickP at this unique moment, and to lead business expansion into the global market.
“As ChickP enters the European and the US markets in ’full steam,’ it pleases me to welcome Liat as our new CEO, and to bring her leadership and commercial experience to leading the company’s strategy for the years to come,” states Ram Reifen, MD, founder of ChickP. “ChickP offers an innovative plant-protein ingredient, backed by research and supported by a highly talented team of foodTech, nutrition, and R&D experts. It has all the components for success in meeting the growing demand for plant-based nutrition.”
