Cellva Shifts Focus to Microencapsulation Technology with Launch of Cocoa Substitute
Cellva has recently undergone a strategic pivot, refocusing its efforts on microencapsulation technology, which it sees as central to its future growth. This shift is accompanied by the consolidation of its research and development and administrative operations, all aimed at streamlining its processes and reinforcing its commitment to sustainable food solutions. The future of cocoa The company’s new direction is highlighted by the launch of CoffeeCoa™, a cocoa substitute developed …
Celleste Bio Secures $4.5M to Scale Production of Cell-Cultured Cocoa, Mondelēz VC Arm Participates
Cocoa-tech startup Celleste Bio has raised $4.5 million in a seed round to produce its cell-cultured cocoa ingredients for the food industry. The round was led by early-stage investor Supply Change Capital, with the participation of Mondelēz International’s venture capital arm SnackFutures Ventures, Consensus Business Group, Barrel Venture Partners, The Trendlines Group, and Regba Agriculture. The new funds will help Celleste Bio boost its research and development, infrastructure, and technological capabilities …
Chocolate Giant Puratos Makes Strategic Investment in California Cultured’s Cell-Based Cacao
California Cultured, a startup pioneering plant cell culture to produce cacao, has received an undisclosed investment from Sparkalis, the food tech venture arm of the Belgian international group Puratos. The new capital will fund the startup’s scaling operations at an upcoming new facility (currently under construction) to bring a cell-based cocoa powder product to the market. Filip Arnaut, managing director of Sparkalis, commented: “At Sparkalis, we seek out visionary startups …
$4M Invested in California Cultured’s Cell-Cultured Chocolate to Solve Deforestation and Child Labor in Cocoa
Agronomics has led a Seed Funding Round for California Cultured, a food-tech company based in Davis, California, which utilises cell culture technology to produce cocoa products like cocoa powder, chocolate, cocoa butter and flavanols in order to circumvent the serious issues arising from cocoa production such as deforestation and child slave labor. California Cultured was founded by cell-culture technology veterans Alan Perlstein and Harrison Yoon, as a way to address …