SavorEat

Overview
News
Plant-based Meat?
Product stageSegments
Go-to-Market
?
Manufacturers (beef), Manufacturer (poultry), Manufacturer (pork)
?

SavorEat, based in Israel is a food tech start-up that has developed an automated closed system to 3D print and cook (in one process) plant-based burgers for food services. Powered by machine learning and AI, SavorEat's Smart Robot Chef is able to print and cook a plant-based burger in 6 minutes without any human interaction, using a bio cartridge to print the materials and infrared light to cook it. A key differentiator for SavorEat is its use of plant-based cellulose as a binder to combine plant-based fats and protein to make the final product. In July 2022 the company announced the addition of a turkey burger and pork breakfast patties to its portfolio.

Key customers and partnerships

In 2020, the start-up partnered with the Israeli burger chain, Burgus Burger Bar, to set up a pilot within their restaurants. In September 2023 , the company partnered with Sodexo North America to launch a 3D-printing robot for plant-based burgers at the University of Denver.

Funding and financials

In November 2020, SavorEat held an IPO on the Tel Aviv Stock Exchange that raised ILS 42.6 million (USD 13 million). The company was valued at ILS 170 million (USD 50 million) pre-money. Prior to the IPO, the company had raised a total funding of USD 5.5 million from investors, including Millennium Food-Tech and Meitav Dash.

HQ location:
Rehovot ISR
Founded year:
2018
Employees:
11-50
IPO status:
Public
Total funding:
USD 4.9 mn
Last Funding:
-
Last valuation:
-
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