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§ Private Profile · Tel Aviv, Israel
Food ingredient company offering Incredo Sugar, a patented solution for 30-50% sugar reduction in foods for manufacturers.
Incredo, an Israeli food-tech company with North American headquarters in Austin, Texas, develops Incredo Sugar, a patented solution enabling 30-50% sugar reduction in food products. Its patented technology binds real cane or beet sugar with trace amounts of a natural carrier, enhancing sweetness to enable healthier products while preserving taste and texture. The company has raised $60 million in total funding, including a $30 million Series C round in May 2023 from investors such as dsm-firmenich Venturing, Sienna Venture Capital, and Pitango. Incredo partners with food manufacturers and distributors like Batory Foods, Blommer Chocolate Company, and Ferrero to integrate its sugar reduction solution. Founded in 2014 by Prof. Avraham Baniel and Eran Baniel, Incredo plans to expand its commercial availability globally.
Incredo has raised $60.0M across 3 funding rounds.
Incredo has raised $60.0M in total across 3 funding rounds.
Incredo has raised $60.0M across 3 funding rounds. Most recently, it raised $30.0M Series C in May 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2023 | $30M Series C | Isabelle Amiel Azoulai | Grove Ventures, Pitango Venture Capital, BlueRed Partners, Ferrero, Teseo Capital | Announced |
| Jun 1, 2019 | $22M Series B | BlueRed Partners | Jerusalem Venture Partners | Announced |
| Sep 1, 2017 | $8M Series A | Pitango Venture Capital | Grove Ventures | Announced |
Incredo is a global food-tech company specializing in enhancing the efficiency of sugar to enable healthier food consumption. Their flagship product, Incredo Sugar, is a proprietary technology that improves the sweetness perception of real sugar, allowing for up to 70% sugar reduction without compromising taste or causing unpleasant aftertastes common with alternative sweeteners. This innovation serves food manufacturers and consumers seeking healthier, lower-sugar options without sacrificing flavor. Incredo’s technology addresses the growing demand for healthier food products amid rising concerns about sugar consumption and its health impacts. The company has demonstrated strong growth momentum, attracting significant investments and partnerships in the food industry[2][4][5].
Founded in 2014, Incredo (formerly known as DouxMatok) was established by a team with deep expertise in food science and technology. The idea emerged from the need to reduce sugar intake globally while maintaining the sensory experience of sweetness. The founders leveraged advanced flavor delivery and sugar enhancement technologies to create Incredo Sugar. Early traction included successful collaborations with major food companies and the development of scalable production processes. The leadership team includes experienced professionals such as Kelly Thompson, with decades of international business and innovation experience in food companies, and Liron Bitan, Ph.D., who leads R&D efforts in flavor and delivery technologies[2][4].
Incredo rides the global trend toward healthier eating and sugar reduction driven by regulatory pressures, consumer health awareness, and the food industry's need to innovate. The timing is critical as governments and health organizations push for reduced sugar consumption to combat obesity and diabetes. Incredo’s technology aligns with these market forces by offering a solution that does not compromise taste, a major barrier for sugar substitutes. Their innovation influences the broader food-tech ecosystem by enabling manufacturers to meet health guidelines while satisfying consumer preferences, potentially reshaping sugar usage in processed foods worldwide[5].
Looking ahead, Incredo is poised to expand its market presence by scaling production and broadening its customer base across global food manufacturers. Trends such as increasing demand for clean-label, natural ingredients and regulatory sugar reduction targets will shape their growth trajectory. Their influence may evolve from a niche sugar enhancer to a mainstream ingredient in healthier food formulations, potentially partnering with major global brands. Continued R&D and strategic partnerships will be key to maintaining their competitive edge and driving adoption in diverse food categories[4][5]. This positions Incredo as a pivotal player in the intersection of food technology and health innovation.
Incredo has raised $60.0M in total across 3 funding rounds.
Incredo's investors include Isabelle Amiel-Azoulai, Grove Ventures, Pitango Venture Capital, BlueRed Partners, Ferrero, Teseo Capital, Jerusalem Venture Partners (JVP).