Biotipac wins Women of AgriFood Nation 2021
The company, led by Ifat Hammer, develops technology to extend the shelf life of fresh food products
The Women of AgriFood Nation announced the winner of its second annual competition designed to increase exposure to women-led technological ventures in AgriFood. Ifat Hammer, who leads Biotipac, claimed the top spot after showcasing her technology that helps live probiotic bacteria to grow naturally on account of rot-causing bacteria, ultimately decreasing food waste and extending the shelf life of fresh food products.The competition is an initiative of the ACT FoodTech organization alongside the Israeli venture capital fund COPIA Agriculture and Food Technologies. Part of the motivation behind the competition is due to the fact that while 50% of AgriFood research programs in academia are led by women, a small minority of AgriFood startups are actually headed by women. As part of the prize, Hammer will receive an investment of $200,000 from COPIA, subject to negotiation and due diligence.
"65% of the AgriFood research programs in our portfolio that originate from Israeli research institutions are led by women, while only a few of the startups we meet are led by women," added Ohad Zukerman, Managing Partner at COPIA Agriculture and Food Technologies Fund, and a co-founder of the competition. "COPIA perceives itself as a leader promoting gender equality in the business sector. The business sector can and should lead the change, and this competition is the peak of our activity. We believe that the tools we gave to all six finalists will enable them to succeed in the future."ACT FoodTech and COPIA Agriculture and Food Technologies Fund led the competition with support from Strauss, Tnuva, Amazon AWS, Mondelez, and more. Last year's winner, Adi Yehezkeli, CEO of FABOMINE, received an investment from the IFF Lab.