Scrum Ventures picks Indian plant protein startup Proeon to develop food ecosystem

29 January 2021 | News

Food Tech Studio - Bites! was launched in September last year with the vision of creating a global community of cutting-edge startups across all stages to optimise, augment, and streamline the food development ecosystem

Proeon, a food technology startup from India, has been selected for Food Tech Studio - Bites! - a global accelerator programme by Scrum Ventures to support emerging and out-of-the-box sustainable food solutions.

Proeon innovates plant protein ingredients that are highly suitable for creating food applications like plant-based meat, plant-based milk and other dairy products, plant-based egg-replacement and protein supplements.

Proeon’s ingredients are deemed to possess superior nutritional value, functional profile, taste, and flavor which makes it easy for plant-based food manufacturers to make superior products and take them to market quickly.

Food Tech Studio - Bites! was launched in September last year with the vision of creating a global community of cutting-edge startups across all stages to optimise, augment, and streamline the food development ecosystem. Some of the key objectives of this programme are to address the pressing problems of the food industry today such as health, safety and wastage.

Proeon is backed by leading incubators and innovation centers in India like CIIE-IIM Ahmedabad, CSIR-CFTRI Mysore, and NCL -Venture Center Pune.

Ashish Korde, co-founder of Proeon, said, “Japan has long been at the top of our mind for market expansion and growth, since the country is at the forefront of innovation in food and nutrition. The Food Tech Studio - Bites! program provided an opportunity to partner with the best Japanese corporations to co-create innovative and sustainable food products and solutions. It also gave us an opportunity to learn about the innovation and quality benchmarks required by the Japanese quality standards which are some of the finest in the world!”

Varun Deshpande, Managing Director, The Good Food Institute India, said, "Proeon is emblematic of that innovation in plant protein ingredients, and we're thrilled that they have been selected in the Food Tech Studio: Bites! Program offering mentorship from iconic Japanese corporations. We hope to see a slew of products using their expertise and ingredients in the market in the coming months, advancing us towards a more sustainable, secure, and just protein supply."

Scrum Ventures was founded by Tak Miyata, a seasoned entrepreneur from Japan with startup and executive experience in Silicon Valley.

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