Big Idea Ventures (BIV) has announced the addition of seven new startups to its Global Food Innovation Fund II (GFIF II). These companies are focusing on various aspects of food technology, including sustainable ingredients, new preservation techniques, and alternative oils and fats. Each of the selected startups will now have access to BIV’s extensive mentorship, R&D resources, and commercialization opportunities.
“This new group of companies is tackling some of the most pressing challenges in the food system”
The latest cohort is diverse in its approaches, addressing issues such as reducing dependency on traditional, unsustainable food production methods, developing fermentation-based ingredients, and finding new ways to improve food shelf-life and safety. BIV’s investment program continues to attract companies offering innovative solutions to food security and sustainability challenges.
Andrew D. Ive, Founder and Managing General Partner of Big Idea Ventures, commented on the importance of these innovations: “This new group of companies is tackling some of the most pressing challenges in the food system. They are working on science-driven solutions that could shift how we produce, preserve, and consume food on a global scale. We encourage collaboration from investors, corporates, and governments to help scale these solutions.”
Next-gen ingredient alternatives
Among the most notable startups is Abydos Bioscience, which is developing clean-label oil and fat alternatives using precision fermentation. The company aims to reduce the environmental impact of traditional oil production while offering a more sustainable solution for food and personal care industries.
Motai Group, based in the Netherlands, is focused on creating sustainable, affordable cocoa alternatives by fermenting Amazonian superfruits. Their innovation provides the confectionery industry with a caffeine-free, environmentally friendly ingredient.
Krokos Bio, from the USA, utilizes plant cell culture technology to produce saffron powder, replicating the original spice’s flavor and aroma while offering a more reliable and affordable supply chain solution. EarthKind Innovations, operating across Singapore and India, transforms agricultural by-products into high-performance edible oils, aiming to replace conventional seed oils with more sustainable alternatives in both food and personal care sectors.
Also included in the new cohort are BioBlends, Darewin Evolution, and Prozymi Biolabs, which focus on bio-preservation, algae-based omega-3 production, and gluten-free bread innovation, respectively.
Backing innovation for food security
The Global Food Innovation Fund II is supported by major industry players such as AAK, Bühler, Puratos, and Pfeifer & Langen, which focus on driving advancements in food technology while strengthening food security.
Caroline Mak, Senior Director of Acceleration at Big Idea Ventures, noted the program’s focus on companies working within fermentation and enzyme technologies: “The startups in this cohort are addressing critical issues such as the need for more sustainable ingredients and healthier food options. Their innovations in fermentation and plant-based technologies are positioning them to lead the transition to a more sustainable global food system.”
