ICL and Protera Biosciences Develop Plant-Based Solutions Using AI

Collaboration advances fermentation and machine-learning to create novel, clean-label proteins

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Tel Aviv, Israel; November 23, 2022 – ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced ICL Food Specialties has joined forces with Protera Biosciences, an AI-driven FoodTech start-up and novel protein designer, working to develop sustainable and functional protein-based ingredients for food manufacturers. . This partnership follows ICL’s 2021 investment in Protera via the ICL Planet Startup Hub, which is the vehicle ICL uses to invest in and collaborate with innovative companies in foodTech and agriTech globally.

Through this partnership, ICL and Protera will develop and commercialize sustainable protein-based ingredients using precision fermentation. These clean label ingredients will meet today’s market demands and offer an alternative to chemical additives or less attractive ingredients. It will also improve sensory properties in plant-based food applications, while positively impacting the world’s food security challenges.

Protera creates an impact through mediaTM, a deep learning platform, which can predict and match the structure and functionality of plant proteins. It designs proteins from a database of over 1.5 billion edible protein sequences and applies precise fermentation parameters to produce them. The results address consumer demand for a short list of simple ingredients on food labels.

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The new platform also enables the discovery of unprocessed plant-based proteins with high performance. These new ingredients can replace texturizers, stabilizers, preservatives and more, all based on plant proteins. The streamlining of plant protein growth and production makes the replacement of animal protein easier, thereby helping to further reduce pollutants such as methane and carbon dioxide.

“Thanks to this collaboration, we can offer novel materials through breakthrough technologies that are currently unavailable on the market,” said Hadar Sutovsky, ICL Vice President of External Innovation and general manager of ICL Planet. “Once these functional ingredients are launched, food manufacturers will be able to accelerate the development of clean label and sustainable plant-based products.”

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“We will soon be able to provide global market access to these ingredients for key food producers, in a sustainable manner,” says Rado Sporka, Vice President of Food Specialties Commercial Business for ICL. “This will further differentiate and strengthen ICL’s engagement and offering in the alternative protein space and accelerate effective solutions to global environmental challenges.”

“We are excited about this collaboration with ICL Food Specialty to bring new proteins to the market,” added Leonardo Alvarez, founder and CEO of Protera. “Combining the strengths of our two companies will dramatically accelerate our vision of using biology to create protein-based materials. We have validated functional targets in the laboratory, with unprecedented speed and accuracy.

The research teams for the two companies are actively working on the development of these innovative protein-based materials and, through this partnership, will be able to increase production when the materials are ready for commercialization.

About ICL

ICL Group Ltd. is a leading global specialty minerals company, which creates effective solutions to humanity’s sustainability challenges in the food, agricultural and industrial markets. ICL leverages its unique bromine, potash and phosphate resources, its global professional workforce, and R&D capabilities focused on sustainability and technological innovation capabilities, to drive the company’s growth in its end markets. ICL shares are dual listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL). The company employs more than 12,500 people worldwide, and revenues in 2021 will total approximately $7 billion.

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About Protera Biosciences

Protera Biosciences advances the science of protein engineering to address some of the most critical problems and opportunities in food, agriculture, the environment, and human well-being. The company streamlines protein design and development with madi™, its proprietary deep-learning algorithm, for effective prediction of high-value protein products and enzymes with unprecedented speed and accuracy. Visit http://proterabio.com for more information.

Team Protera
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