Chat with us, powered by LiveChat
  • About
  • Terms of Use
  • Privacy & Policy
  • Cookie policy
  • “[email protected]”.
USTechTimes, Magazine & Review WordPress Theme 2017
  • Home
  • topics
    • All
    • AgTech
    • AI
    • Analytics
    • AR/VR
    • Biotech
    • Blockchain
    • Cars / autonomous vehicles
    • Clean tech / environment
    • Cloud infrastructure
    • Cryptocurrency
    • Data services
    • Developer tools
    • E-commerce
    • Education
    • Energy tech
    • Enterprise
    • Entertainment & sports
    • Security
    GreenFire Energy secures funding from French multinational company Vallourec

    GreenFire Energy secures funding from French multinational company Vallourec

    Rivian may become the biggest U.S.  market entrant on the IPO list this year

    Rivian gets a $1.5 billion incentive from the government for its manufacturing plant in Georgia

    Disney’s Ex-CEO invests and joins metaverse company Genies

    Disney’s Ex-CEO invests and joins metaverse company Genies

    Rakuten Symphony to acquire Robin.io for an undisclosed amount

    Rakuten Symphony to acquire Robin.io for an undisclosed amount

    Trending Tags

      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Consumer health & fitness
      • Consumer products
      • Cryptocurrency
      • Data services
      • Developer tools
      • Distributed workforce
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Fashion
      • Fintech
      • Food and beverage
      • Games
      • Gaming/eSports
      • Govtech
      • Hardware
      • Health & hospital services
      • Health IT
      • Human capital
      • Impact
      • Insurance
      • IoT
      • Local commerce
      • Lodging/hospitality
      • Logistics
      • Manufacturing
      • Marketing automation
      • Marketplaces
      • Material science
      • Media/content
      • Medical devices
      • Messaging
      • Network infrastructure
      • Parenting/families
      • Payments
      • Pharmaceuticals
      • Real estate/proptech
      • Retail
      • Robotics
      • SaaS
      • Sales and CRM
      • Security
      • SMB software
      • Social commerce
      • Social mobile
      • Space
      • Gaming/eSports
      • Travel
      • Games
    • Interview
    • Venture Capital
    No Result
    View All Result
    • Home
    • topics
      • All
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Cryptocurrency
      • Data services
      • Developer tools
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Security
      GreenFire Energy secures funding from French multinational company Vallourec

      GreenFire Energy secures funding from French multinational company Vallourec

      Rivian may become the biggest U.S.  market entrant on the IPO list this year

      Rivian gets a $1.5 billion incentive from the government for its manufacturing plant in Georgia

      Disney’s Ex-CEO invests and joins metaverse company Genies

      Disney’s Ex-CEO invests and joins metaverse company Genies

      Rakuten Symphony to acquire Robin.io for an undisclosed amount

      Rakuten Symphony to acquire Robin.io for an undisclosed amount

      Trending Tags

        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Interview
      • Venture Capital
      No Result
      View All Result
      USTechTimes - Leading Startup and Technology News in the United States
      No Result
      View All Result
      Home Food and beverage

      Joywell Foods raises $25 million in Series B funding

       85 total views,  1 views today

      USTechTimes Editor by USTechTimes Editor
      May 31, 2022
      Joywell Foods raises $25 million in Series B funding
      Share on FacebookShare on Twitter

      Joywell Foods, California-based food technology and consumer goods company, has raised an oversubscribed $25 million Series B funding round led by Piva Capital. The round also witnessed participation from B37 Ventures and Global Brain Corporation, as well as existing investors Khosla Ventures, Evolv Ventures, SOSV’s IndieBio and Alumni Ventures.

      The food startup uses microbes to produce ultra-sweet proteins identical to the ones found in fruits and berries. A proprietary microbial fermentation process is used to extract nature-identical sweet proteins available in exotic fruits.

      “Worldwide, consumers love their sweets; we want people everywhere to have their cake and eat it, too. Novel proteins that are sweet are changing the game for consumers by providing great-tasting, healthy and good for the climate alternative to sugar. In partnership with our top-tier group of global investors, we’re excited to bring sweet proteins to market,” said Ali Wing, chief executive officer of Joywell Foods.

      Sweet protein an environment friendly alterative to sugar

      The company claims that the nature-identical sweet protein tastes just like sugar but has no adverse impact on blood sugar levels and gut microbiomes. Additionally, these proteins are 2,000-5,500 times sweeter than sugar on a weight basis, which means a small quantity will suffice for a long making it more efficient.

      “Traditional sugar is not only the chief culprit in our battle with obesity and diabetes, but it also requires millions of acres of land, impacting precious ecosystems. Joywell Foods’ sweet proteins are a genuine breakthrough in addressing these critical issues. We look forward to supporting Ali and the team as they accelerate from R&D to commercial success,” said Adzmel Adznan, Partner and Co-founder, Piva Capital.

      Many startups are involved in finding alternatives to sugar. As per the official release of Joywell Foods, with a one percent cut in sugar production, around 650,000 acres of sugar cane farming area could be brought down. Sweet proteins will have a long-term positive impact on human health and are environmentally friendly.

      Hence, the product lowers Joywell’s carbon footprint and directly supports deforestation by reducing fields being cleared for sugarcane plantations. At the same time, it is a healthy alternative much lower in calories.

      In the past few years, the startup has developed its sweet protein platform and has made consumer products that are to hit supermarket shelves for extensive use. After offering a better tasting and healthier alternative the sugar, the company wants to carry forward its research, development and commercialization of its sweet protein platform to change the role of sugar.

      What’s your thoughts?
      +1
      0
      Upvote
      +1
      0
      Clap
      +1
      0
      Clap
      +1
      0
      On fire
      +1
      0
      Meh
      +1
      0
      Clap
      +1
      0
      Facebook Twitter Email

      Related Posts

      • Photo-Studio startup soona raises $35 million in Series B funding round

        Denver CO-based virtual content creation startup soona, aiming to satisfy the growing content needs of…

      • Proptech firm Veev secures $400 million in Series D funding round

        San Mateo-based modular home building business Veev Group Inc. bags $400 million Series D led…

      • Ambi Robotics Raises $26 million in a Series A Funding Round Led by Tiger Global

        Ambi Robotics, a startup developing supply chain automation hardware, closed a $26 million Series A…

      Tags: CaliforniaFood TechnologyinvestmentTechnologyUS startup
      USTechTimes Editor

      USTechTimes Editor

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      Related Posts

      2ndKitchen
      Food and beverage

      Foodtech Startup 2ndKitchen Secures US$4.35m to Further Expand in the US

      November 18, 2019
      No Result
      View All Result

      Follow Us

      FREE NEWSLETTER

       

      PRODUCTS

      USTechTimes – Leading Startup and Technology News in the United States

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      More from our network


      • ktd

      • atd

      • itd

      • ktt

      • kgd

      • kpp

      • ktp

      • kpoppost

      • ustechtimes

      Categories

      • Accelerator
      • Animation
      • Apple
      • Applications
      • Artificial Intelligence
      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR

      Tags

      AI Fintech Cybersecurity Artificial Intelligence investment South Korea Robotics SpaceX funding COVID-19
      • About
      • Terms of Use
      • Privacy & Policy
      • Cookie policy
      • “press@ustechtimes.com”.

      © 2021 ustechtimes.com

      No Result
      View All Result
      • Home
      • topics
        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Interview
      • Venture Capital

      © 2021 ustechtimes.com