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 …