The news from 49 vegan websites are automatically posted here
News feed updated every 5 minutes

$4M Invested in California Cultured’s Cell-Cultured Chocolate to Solve Deforestation and Child Labor in Cocoa


October 22, 2021
From Vegconomist
400 views


$4M Invested in California Cultured’s Cell-Cultured Chocolate to Solve Deforestation and Child Labor in Cocoa – vegconomist – the vegan business magazine


  • October 22, 2021

    1634901289


    Voiced by Amazon Polly

    has led a Seed Funding Round for , 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 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 the need for more ethical and environmentally friendly methods of chocolate production.

    The company says, “We select cacao varieties with the best organoleptic properties, take a handful of cells and keep them growing infinitely. We do this by equipping the cells with a proper set of plant nutrients which allows for rapid growth. We harvest our cocoa cells from tanks, let them ferment to create a rich flavor and employ traditional roasting steps to create even more flavor. Then, out come our cell-cultured cocoa nibs, which can be turned into a variety of cocoa products.

    California Cultured
    ©California Cultured

    The leadership team is rounded out by Head of Commercial Steve Stearns, former chef at Noma, one of the world’s number one restaurants, and COO Debbie Neumann.

    Agronomics led the round with a US$ 2.2 million investment, and also participating was global venture firm SOSV’s IndieBio. Following the close of the round, Agronomics will have the right to a directorship in California Cultured.




    Source: Vegconomist.com


    FOLLOW US
    ON TWITTER
    FOLLOW US
    ON MASTODON
    FOLLOW US
    ON TUMBLR