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Proeon Foods produces plant-based protein isolates for food and beverage manufacturers.
Founded in 2018 and based in Pune, India, Proeon Foods makes plant-based protein ingredients including PROEON MUNG80 and PROEON PEANUT80. Its products are designed for applications such as plant-based eggs, bars, cereals and beverages. In September 2021, the company raised INR 120.05 million, led by Desai Ventures, with participation from AL Trust and Flowstate Ventures. It planned to establish a research lab in the Netherlands and scale production.
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