#6.

Two companies strike paydirt with sugar reduction technology. Two weeks back, MycoTech’s sugar reducing technology attracted a $35M series B round led by Bunge Ventures. The company produces mushroom based bitterness reducers, sugar-reducing tech, even protein — all from the same underlying platform. Many, many applications — from pea protein to stevia, the organic bitter blocker can be formulated to improve the flavor profiles of various substrates. The company grows mycelium in proprietary organic media. Then, the culture is spray dried to a powder. Then, they Produces ClearTaste to be used as an organic flavor modifier.

Meanwhile, there’s more.  Douxmatok lands $8.1m in Series A. DouxMatok is an Israeli-based food-tech company, a pioneer in the development of Targeted Flavor Delivery, enabling improved nutritional profile of foods while retaining the same taste. The company’s first technology is a Sugar Reduction Solution that reduce sugar by over 30% in  a variety of  food applications, without compromising on taste. Commercialization is expected end of 2018.