Gavan Raises $8M to Introduce Clean Label “One-to-One” Butter Alternative in Europe

Israeli food tech company Gavan has secured $8 million in funding to introduce its plant-based butter alternative, Fatrix, to the European market. The funds will be used to establish a new pilot production facility in Europe, with operations set to begin in April 2025. Fatrix is described as a clean-label, multifunctional fat alternative that maintains the functionality of animal fat in various food products, offering reduced saturated fats and no trans fats.

Gavan's patented technology allows proteins to act as optimal binders in fat emulsions, providing stability and functionality under high heat and pressure. The platform aligns with sustainability goals by using entire plants to extract proteins, offering a zero-waste solution. The company aims to fill the market gap for sustainable, clean-label fat alternatives and make a meaningful contribution to the fats and oils market.