Incredo Raises $30M Funding Round
Summary
DouxMatok), a Petach-Tikva, Israel-based food tech company, raised $30M in Series C funding. The company intends to use the funds to further support research and development, integrate its product in a variety of applications and accelerate its commercial partnerships. Led by CEO Ari Melamud, Incredo is focused on the development of efficient nutrition and flavor delivery technologies. Incredo’s latest round of funding follows a successful 2022, when it announced partnerships with Batory Foods and Blommer Chocolate Company. The company is looking to accelerate commercialization of Incredo Sugar in 2023, with new and increased availability across the US, Europe, and Israel.
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected