Tech Company Financing Transactions
Torr FoodTech Funding Round
Torr FoodTech, based in Rishpon, received $12 million from Harel Insurance Investments and Financial Services, Mondelez International and Strauss Group.
Transaction Overview
Company Name
Announced On
11/21/2022
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Proceeds Purpose
We will help the firm continue R&D work, increase production capacity, and hire new talent, said CEO Roy Naaman, a food industry veteran who held senior roles at SodaStream International and Mondelez International before joining Torr FoodTech in May 2020.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
Derech Hamesila 13
Rishpon, Undisclosed
IL
Rishpon, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
Torr is an innovative food tech startup, aiming to challenge multi ingredient snacking categories with our breakthrough technology. Torr dreams, develops and produces snacks that serve a unique, tasty and much healthier bite.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Roy Naaman
Chief Operating Officer
Gil Picciotto
Chief Technical Officer
Yoel Benesh
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