ICL announced on December 17, 2024, 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, deepening the strategic collaboration between the two companies.
Plantible Foods specializes in innovative, sustainable food ingredients, aligning with ICL's strategic focus on sustainability challenges in the food, agriculture, and industrial markets. This continued investment underscores ICL's commitment to expanding its portfolio in high-growth, environmentally conscious sectors.
The investment reinforces ICL's strategy to leverage its resources and innovation capabilities to drive growth across its end markets. By supporting Plantible Foods, ICL aims to contribute to the development of new, sustainable solutions for the global food industry.
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