Torr FoodTech

Torr FoodTech

An innovative food tech startup, aiming to challenge multi ingredient snacking categories with breakthrough technology. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€44—65m (Dealroom.co estimates Nov 2022.)
Rishpon Center District (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues<1m<1m<1m
% growth-33 %89 %
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DateInvestorsAmountRound

N/A

Seed
*

$12.0m

Series A
Total Funding€10.9m

Recent News about Torr FoodTech

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More about Torr FoodTechinfo icon
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Torr FoodTech is a forward-thinking startup that is revolutionizing the snack industry by creating healthier, tastier, and more sustainable snacks. The company operates in the food technology market, serving clients who are interested in healthier snack alternatives, such as health-conscious consumers, fitness enthusiasts, and individuals with dietary restrictions.

The company's unique selling proposition is its proprietary iWeld™ technology, which uses a combination of mechanical pressure and ultrasonic energy to bind snack ingredients together. This innovative technology eliminates the need for added sugar, dates, or any other binders, which are traditionally used in snack production. This not only makes the snacks healthier but also reduces the energy consumption in snack production by 70%, making it a more sustainable option.

Torr FoodTech's business model is centered around the production and sale of these healthier snacks. The company generates revenue by selling these snacks directly to consumers and through partnerships with retailers and other food businesses. The company's commitment to health, taste, and sustainability, coupled with its innovative technology, positions it well in the growing market for healthy snacks.

In summary, Torr FoodTech is a pioneering food technology company that is redefining snack production with its unique, energy-efficient technology and commitment to health and sustainability.

Keywords: Food Technology, Healthy Snacks, Sustainable Production, iWeld™ Technology, Energy-Efficient, Zero Added Sugar, Superior Customer Experience, Nutritional Composition, Natural Texture, Binder-Free.