Doehler Ventures invests in food-tech business Clean Food Group
Clean Food Group – a pioneering UK-based food-tech business that has developed a revolutionary and sustainable, bioequivalent alternative to palm oil has announced that it has received investment from Doehler Ventures, part of the Doehler Group, a global producer, marketer and provider of technology-driven natural ingredients, ingredient systems and integrated solutions for the global food, beverage and nutrition industry.
As part of an accompanying collaboration agreement between the two companies, Doehler Group will support the scale up of the Clean Food Group's technology, demonstrating production at commercial scale as well as manufacturing product batches required for market approval. The two groups plan to continue the strategic partnership in the future, as Clean Food Group continues to develop their category offerings.
The revolutionary sustainable palm oil alternative will help reduce the detrimental environmental impact of a range of palm-based ingredients that can be found in nearly 50% of all packaged products on our supermarket shelves. Clean Food Group’s mission is to be part of the solution to this environmental crisis beginning with the production of its palm oil alternative.
The global palm oil market was valued at US$ 50.6 billion in 2021 and is expected to reach US$ 65.5 billion by 2027. However, palm oil production continues to be a major driver of deforestation of some of the world’s most biodiverse habitats, impacting critically endangered species like the orangutan, pygmy elephant and Sumatran rhino. This process combined with the conversion of carbon-rich peat soils, is releasing millions of tonnes of greenhouse gases into the atmosphere, contributing to climate change.
Alex Neves, co-founder and CEO of Clean Food Group says: “We are delighted to be partnering with Doehler Group, a leading manufacturer and innovator within the area of technology-driven natural ingredients and ingredient systems.
With Doehler Group’s support, we are excited to accelerate the scale-up of our ground-breaking technology, which will allow us to bring our sustainable palm oil alternative to market more quickly."
About Clean Food Group:
Clean Food Group is a UK-based food-tech business focused on bringing sustainable, cultivated foods to market in the UK and Europe. It operates within the fast-developing cultivated food industry, a market with enormous opportunities driven by significant environmental, health and animal welfare concerns about existing and future consumption levels of animal protein and other foods such as palm oil.
Clean Food Group is founded by a team with key experience in growing bio-tech, food industry and retail businesses supported by established venture capital and family office investors with a track record supporting fast-growth start-up companies in highly regulated industries.
Clean Food Group is developing a bio-equivalent cultivated alternative to palm oil. Its foundational technology is a yeast-based alternative that has been developed over 7 years at the University of Bath by Professor Chris Chuck.
About Doehler Group:
Doehler is a global producer, marketer and provider of technology-driven natural ingredients, ingredient systems and integrated solutions for the global food, beverage and nutrition industry. Doehler is all about mastering multi- sensory performance and nutrition. Being Sustainable by nature®, we help to nourish the world better – good for people, good for planet®.
All our ingredients are derived from natural raw materials. Doehler’s comprehensive product portfolio of natural ingredients ranges from natural flavours, natural colours, natural health ingredients, a broad range of plant-based ingredients to ingredient systems and end-to-end solutions. Focused on science, technology and innovation, we shape the future of nutrition.
Our customers are at the heart of all we do and are the reason why we exist. With more than 45 production sites, 75 offices and application centres, Doehler creates value for customers in over 160 countries. More than 8,500 dedicated employees, including 1,000 people in R&D and technology, are committed to making our customers successful.
“WE BRING IDEAS TO LIFE.” describes Doehler’s integrated and entrepreneurial approach to innovation. This also includes innovation services, market intelligence, advice on food safety and microbiology, as well as sensory & consumer science. Doehler also runs its own venture unit with more than 85 active ventures. Smart ideas have a way of becoming great products.
Every day, millions of people around the world enjoy products created by Doehler.