Israeli foodtech startup Gavan Technologies has raised US$8 million in series A funding, as the company plans to expand its operations into the European market.

The funding round was led by MoreVC, with participation from Lever VC, EIT Food, and DarkBoot Group.

The capital will be used to establish a pilot production facility in Europe.

The facility is expected to start operating in April 2025, focusing on Gavan’s plant-based fat alternative, Fatrix.