Genie Wins Prestigious 2019 Red Herring Top 100 Award

Genie Enterprise Ltd, a food technology company that is revolutionizing the global food culture, today announced it has won the 2019 Red Herring Top 100 Europe award. The annual award honors the year’s most promising private companies in the region. Genie continues to experience strong market recognition and success enables everyone to taste the future with a push of a button using only natural ingredients. Genie is a robotic cooking system can cook both healthy and nutritious, tasty and affordable meals from freeze dried pods within three minutes.

Winning the Red Herring 100 award further validates Genies pursuit of changing the food tech industry, said Ayelet Carasso-Sternberg, co-founder and CEO, Genie. We solved major food technology and preparation barriers, by cooking all natural, delicious, nutritious and sustainable food that is tasty and convenient with a push of a button.

Genie cooks the perfect meal from all natural ingredients, anytime, anywhere, by replicating a chefs process and motions, said Doron Marco, co-founder and CTO, Genie. We are focused on revolutionizing the global food culture with technology and quality that is truly game changing.

In 2019, selecting the top achievers was by no means a small feat, said Alex Vieux, publisher and CEO of Red Herring. In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early in the European tech ecosystem. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Europe to the Top 100 Winners. We believe Genie embodies the vision, drive and innovation that define a successful entrepreneurial venture. Genie should be proud of its accomplishment, as the competition was very strong.

Red Herring Top 100 Europe enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 1,200 privately financed companies each year in the European Region. The nominees were evaluated on 20 main quantitative and qualitative criterion, which include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into their respective industries. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring’s Top 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs.

About Genie

Genie is a privately held company with a mission to revolutionize global food culture. Genies goal is to be reference and preference for the world to eat better. Genie is transforming the global food culture with innovation “ that will bring the benefits of convenient, effortless, natural, and healthy meals to almost every industry, creating a vast opportunity to feed the masses both conveniently and economically.

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Jeremy Hyatt
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