Food tech startup says health ministry's 'historic' approval found its animal-free milk protein to be 'safe, of high-quality, and identical to its cow-derived counterpart'

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Prime minister says company to get go-ahead in coming days; permit said set to be granted to Remilk, a developer of cultured milk

GFI Israel says food tech investments in Israel were impacted the least by the market slowdown; 60% of all investments in food tech companies went to alternative protein startups

Israel Innovation Authority issues call for proposals budgeted at NIS 50 million to build local R&D infrastracture for production of alternative proteins

Food tech startup recently raised $120 million with investors to build its production capabilities

Funding round in maker of animal-free dairy products led by Israeli food giant Tnuva, German company Hochland

Bovine-free dairy and beef products, fowl-free eggs, animal-free seafood, and sugar-free sweeteners are just some of the recent Israeli innovations in a growing foodtech sector

Using its prowess in agricultural, tissue engineering, stem-cell research and engineering, Israel emerges as hub for alternative proteins and cultivated meat startups

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Funding will help Remilk expand its production and distribution capabilities, and 'meet global demand'

Startup says it has pioneered milk proteins 'chemically identical' to those in cow-produced milk, for products with the same taste and texture, but no cholesterol or lactose