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Investment in Israeli food tech doubles

Israel is quickly becoming one of the world leaders in cultivated meat, dairy and seafood products.
JACK GUEZ/AFP via Getty Images

The Israeli food-tech industry continues to expand. At present, Israel is ranked second in the world in the number of cultivated-meat companies after the United States and third in the number of investors in the alternative protein field.

A recent report by Israel's Good Food Institute showed that investments in Israeli food-tech startup companies reached $320 million in the first six months of 2022, a 160% jump compared to the same period in 2021. On a global scale, investment in the sector between January and June 2022 reached $1.75 billion, with Israeli companies attracting some 18% of investments worldwide.

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