Indianapolis-based Epogee LLC said it has been selected as a Thrive Top 50 AgTech Company of the Year. The annual ranking showcases exceptional companies who are pushing the boundaries of innovation and technology.

“We are excited, honored and proud that Epogee has been recognized for this global award,” said Tom Burrows, CEO, Epogee LLC. “Our goal is to improve the health of society by addressing the largest unmet need in food: great-tasting food with dramatically lower calories. Our new ingredient technology, EPG, does exactly that and we are excited that our efforts are being recognized.”

According to Epogee, for the past three years, SVG Ventures has compiled a list of the Top 50 AgTech growth-stage companies. This annual ranking showcases these leading global AgTech and FoodTech companies who exemplify the best in agriculture and food-focused innovation. Top 50 companies are scouted for their exemplary leadership teams, innovative technologies, investment and traction. To qualify for a coveted spot on Thrive’s TOP 50 listing, a company must have received a minimum of series A funding and have a product in market that is scaling.

“As obesity continues to be a key driver of overall wellbeing, the FDA made clear in their updated ingredient declaration that calories matter. Consumers are also very concerned about lowering calories without sacrificing taste,” said Burrows. “Epogee can assist food and beverage manufacturers, as well foodservice operators, in addressing the caloric content of their products in a way that consumers will love.”

Epogee said its EPG reduces calories from fat by 92% and total calories by as much as 45%, leaving taste and texture intact. EPG has Generally Recognized as Safe status for use in a variety of food and beverage products, including in frozen dairy and desserts.