Mar 03, 2022

Non-GM Chickpeas Offer 75% More Protein

NuCicer’s proprietary chickpeas cut the cost of production for chickpea protein nearly in half

NuCicer, Inc., a crop genetics company pioneering ultra-high protein varieties of chickpea, has developed non-GM, proprietary chickpeas with up to 75% higher protein content than commodity chickpeas.

The company announces it has closed a $4.5 million Series Seed financing round. The new funding will support commercialization trials of NuCicer’s first generation varieties, as well as the scaling of NuCicer’s genomic-guided speed breeding program to provide continuous product development and bring further novel improvements to market.

Nu Cicer Chickpea Field Trial
NuCicer’s technology stems from twenty years of world-class legume genetics research and chickpea breeding

“We are excited by the overwhelming interest we received from the investment community in our Series Seed round and are now focused on moving forward with partnerships and commercialization,” said Kathryn Cook, CEO and co-founder of NuCicer.

“We aim to cut the cost of chickpea protein nearly in half, making it price-competitive with other plant proteins such as soy and pea. This creates opportunities for our partners to develop new food and beverage products using our highly functional chickpea flour and purified protein ingredients.”

Nu Cicer Novel Chickpea Varieties
NuCicer’s customized chickpea varieties offer high protein content and targeted functional and nutritional properties

“With its excellent nutritionals, neutral flavor and color, and positive consumer perception, chickpea protein is an ideal ingredient for plant-based foods but has been too expensive to date,” said Nick Cooney, managing partner of Lever VC, an early-stage venture capital firm focused on innovative technologies and brands in the alternative protein space.

“NuCicer will be able to bring to market chickpea protein ingredients, high-protein flours and whole beans with an incredible competitive advantage in pricing and functionality. We are truly excited about what Kathryn and the NuCicer team have created and are pleased to support them in their growth.”

NuCicer is focused on making high-value chickpea ingredients affordable to support human nutrition and improve the sustainability of global food systems – both by supporting the shift from animal- to plant-based foods as well as opening opportunities for improvement at every step of the value chain.

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Marketwatch: Jul, 03

US Corn Price Idx: ZCPAUS.CM

open: 7.1488
high: 7.3886
low: 7.0173
close: 7.0525

US Soybean Price Idx: ZSPAUS.CM

open: 15.7324
high: 16.5525
low: 15.3323
close: 15.3637

US Hard Red Winter Wheat Price Idx: KEPAUS.CM

open: 9.0002
high: 9.0773
low: 8.5501
close: 8.6212

US Soft Red Winter Wheat Price Idx: ZWPAUS.CM

open: 8.1033
high: 8.308
low: 7.749
close: 7.8078