040: ICL’s Planet Startup Hub Helps Accelerate Growth of FoodTech with Hadar Sutovsky

Essential Ingredients Podcast

English - June 21, 2022 13:00 - 16 minutes - 13.1 MB - ★★★★★ - 127 ratings
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Previous Episode: 039: Plant-Tec Innovation— The Key to Plant-Based Alternatives That Taste Better Than Real Meat with Lalana Thiranusornkij

Next Episode: 041: Tackling the World’s Biggest Problems by Supporting Tech and Innovation with Dr. Matthew Spence

Future Food-Tech Alternative Proteins Series Part III

in partnership with Future Food-Tech Alternative Proteins Summit, NYC June 21 - 22, 2022

Episode Description:

“We are looking for new technologies to bridge the gaps of things that we don't produce and we don't have.” -Hadar Sutovsky

The food system is a complex, interconnected web of systems—from agriculture to processing and distribution to retail. While we know that the primary goal of the food system is to feed the population, we also know that there are many other goals that this system serves, such as providing jobs, protecting the environment, and improving human health.

In recent years, there has been much talk about how to bridge the gaps between these different parts of the system. One way to do this is through technology. New technologies allow us to produce more food without using resources at unsustainable levels.

With these new technologies comes an opportunity for investors: It's important to note that investing in companies that make these technologies helps speed up the change process towards more sustainability. Past investments are paying off—and will continue to pay off as long as we continue to make smart decisions about what kind of products we choose, how much of them we buy, and how they're made.

This week, Justine interviews Hadar Sutovsky, VP of External Innovation at ICL Group, the leading global manufacturer of specialty minerals and fertilizers. They create sustainable solutions for the agricultural sector, food system, and industrial products. With the leadership of Hadar, they were able to expand their reach through the ICL Planet Startup Hub, the company’s FoodTech and AgTech accelerator. With this project, they aim to support early-stage startups who are passionate about creating impact.

In this episode, Justine and Hadar discuss the goals of ICL, how to strengthen the internal and external innovation of a company, and how strategic investing ensures that all investments made produce outcomes. If you are a founder looking to grow your impact, stay tuned until the end as Hadar shares how the Planet Startup Hub project can help you reach your goal.

Meet Hadar:

Hadar Sutovsky is the VP of External Innovation at ICL Group, one of the top tier fertilizers corporations in the world, and GM of ICL Planet. She is dedicated to establishing the ICL accelerator and leading investments in AgriFoodTech startups. Prior to her role at ICL, Hadar also served as a Managing Partner in AquagroFund, an impact investment management firm that supports technology companies addressing global issues related to agriculture, food, and water. Outside her work as a leader and mentor, Hadar volunteers as a certified Yoga teacher. She is happily married and is currently living in Tel Aviv, Israel.

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