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Danish food colorants startup raises €6 million : Biofuels Digest


Chromologics was spun out of the Technical University of Denmark four years ago. The company aims to supplant animal-based food colorants as well as plant-based sources, which are often expensive. 
Participants in Chromologics seed round include Blue Horizon Ventures, Nordics-focused life sciences investor Novo Seeds, and early-stage food tech VC Nordic Food Tech. Angel investor Giampaolo Cagnin also joined the round. The company has previously received funding from Vækstfonden, as well as grants from Novo Nordisk Foundation and the Innovation Foundation Denmark. 
“I believe that Chromologics has the potential to drive a significant change in how we think about natural colors,” says Thomas Grotkjær, principal at Novo Seeds.  ....

Giampaolo Cagnin , Thomas Grotkj , Innovation Foundation Denmark , Novo Nordisk Foundation , Technical University Of Denmark , Technical University , Blue Horizon Ventures , Enovo Seeds , Innovation Foundation , தொழில்நுட்ப பல்கலைக்கழகம் ஆஃப் டென்மார்க் , தொழில்நுட்ப பல்கலைக்கழகம் , நீலம் அடிவானம் முயற்சிகள் , நோவோ விதைகள் , கண்டுபிடிப்பு அடித்தளம் ,

Chromologics: Precision fermentation addresses 'main challenges' facing natural colours


Chromologics: Precision fermentation addresses ‘main challenges’ facing natural colours
Chromologics has developed a method of producing natural colourings via a fungal biotech platform that, Co-Founder and CEO Gerit Tolborg says, addresses the ‘main challenges’ in the colourings sector, producing natural colours that are vegan, sustainable and high-performance.
The food colouring market has seen a long-term structural shift from synthetic colours to natural sources, driven by consumer demand for clean labels that are free from artificial additives. According to Mintel, the size of the natural colourings market overtook sales of synthetics back in 2011.
Nevertheless, the natural colourings market faces some challenges. Colourings made from carmine, a dye derived from cochineal insects, fail to meet growing demand for vegan products. Meanwhile, colourings from plant-based sources can face stability issues with light, pH and temperatur ....

Gerit Tolborg , Danish Growth Fund , Technical University Of Denmark , Technical University , Blue Horizon Ventures , Enovo Seeds , Nordic Food Tech , Prepared Foods , Nnovation And Npd , Tart Ups And Disruptors , Food Tech , Natural And Clean Label , Lavours And Colours , Natural Food Colors , டேனிஷ் வளர்ச்சி நிதி , தொழில்நுட்ப பல்கலைக்கழகம் ஆஃப் டென்மார்க் , தொழில்நுட்ப பல்கலைக்கழகம் , நீலம் அடிவானம் முயற்சிகள் , நோவோ விதைகள் ,

Global Vegan Food Market is expected to Grow at CAGR 11.4% by 2027 owing to Rising Investments in the Plant Based Food Industry Over the Years – KSU


amiMay 15, 2021
The prevalence of plant-based food and meat alternatives have observed to be constantly rising across countries like New Zealand, United States, Canada, Sweden and Germany. According to studies, in 2018, the demand for plant-based meat grew 37% compared to last two years. The most demanded form of plat-based meats across United States included burgers followed by nuggets, strips and cutlets. Rising demand for plant-based food and meat alternatives is influencing investment across the industry. According to the Good Food Institute, the investment in the plant-based meat, egg, and dairy alternative companies in the first quarter of 2020 across United States accounted for US$ 741 Mn. However, in 2018, the total investment in the plant-based market in the country accounted for US$ 673 Mn, out of which venture capital was the most common source of funding, representing 43% of the total investment. The other type of investment in the plant-based food market involved ....

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