Equinom Secures $35 Million In Funding Led By Synthesis Capital

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Equinom is a fully integrated food-tech company, combining agricultural know-how, culinary expertise and deep technology to develop delicious, nutritious, affordable and sustainable non-GMO plant-based ingredients – from the ground up. 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲, 𝗽𝗹𝗮𝗻𝘁-𝗯𝗮𝘀𝗲𝗱 𝗽𝗿𝗼𝘁𝗲𝗶𝗻𝘀 𝗮𝗿𝗲 𝗸𝗲𝘆 𝘁𝗼 𝗳𝗲𝗲𝗱𝗶𝗻𝗴 𝗘𝗮𝗿𝘁𝗵’𝘀 𝟭𝟬𝗕 𝗽𝗲𝗼𝗽𝗹𝗲 𝗯𝘆 𝟮𝟬𝟱𝟬 The plant-based food market grew 27% in 2020 and is projected to reach $162B by 2030. 𝗧𝗵𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗶𝘀 𝘂𝗻𝗮𝗯𝗹𝗲 𝘁𝗼 𝘀𝘂𝗽𝗽𝗹𝘆 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗱𝗲𝗺𝗮𝗻𝗱 𝗳𝗼𝗿 𝗳𝗼𝗼𝗱 𝘃𝘀. 𝗳𝗲𝗲𝗱 For decades, crops have been farmed primarily for animal feed – not for human consumption. To be palatable in human food, these crops require extensive and expensive processing. . With limited processing facilities equipped for this use, the industry is on track to supply only 50% of projected demand for plant-based foods. 𝗪𝗵𝗮𝘁 𝗶𝘀 𝗘𝗾𝘂𝗶𝗻𝗼𝗺 𝗱𝗼𝗶𝗻𝗴 𝗮𝗯𝗼𝘂𝘁 𝗶𝘁? Equinom is using science and technology to develop superior ingredients naturally, at the source – in a fraction of the time typically required to breed new crops. Equinom crops are bred naturally, without genetic editing or modification, and are optimized to make meat and dairy analogs more delicious, nutritious, cost-effective and sustainable. 𝗜𝗻𝗴𝗿𝗲𝗱𝗶𝗲𝗻𝘁𝘀 𝗱𝗲𝘀𝗶𝗴𝗻𝗲𝗱 𝗯𝘆 𝗱𝗲𝗲𝗽 𝘁𝗲𝗰𝗵 𝘁𝗼 𝗯𝗿𝗶𝗻𝗴 𝗼𝘂𝘁 𝗻𝗮𝘁𝘂𝗿𝗲’𝘀 𝗯𝗲𝘀𝘁 The company’s proprietary Manna™ technology platform uses AI to speed the development of superior, high-yield, non-GMO ingredients as nature intended – featuring the quality traits that satisfy consumer expectations. The technology also ensures biodiversity and climate resilience that are critical to ensure food security in light of climate change.