Eatsane News
4 articles
growth-positive
Global baking firm Grupo Bimbo invests in Israeli startup
Grupo Bimbo, a Mexican baking company, will invest in Israeli startup EatSane. EatSane is a food-tech startup that creates low-carbohydrate products. Grupo Bimbo has a presence in 33 countries and produces over 13,000 products. The company is exploring strategic partnerships with Israeli startups through its global division, Bimbo Ventures. EatSane was cofounded by an endocrinologist and a lawyer/entrepreneur.
PartnersInvestment
growth-positive
A1C Foods develops bread and chocolate for low carb market: 'The intent is to make this diet sustainable'
A1C Foods, a start-up in Israel, is producing low carbohydrate and glycaemic index (GI) chocolates and bread under the brand Eatsane. The company aims to create delicious, low carb food that makes low carbohydrate diets easy to maintain. Their products have significantly less sugar and a lower GI compared to conventional counterparts. A1C Foods is currently selling its products in Israel and plans to expand to the US, Europe, and the Far East due to high demand. The company has already raised a seed round of $900,000 and is preparing for a post-seed round in Q1 2020 to support its expansion plans.
CustomersInvestmentExpand
growth-positive
Beyond SodaStream, PepsiCo Is Eying Israeli Foodtech Startups
PepsiCo has selected three Israeli foodtech startups to participate in its 2018 Nutrition Greenhouse incubator program. The startups include A1C Foods, which develops chocolate and ice cream with a low glycemic index, Yofix Probiotics, a vegan yogurt company, and The Sprouted Grain Company, a wholesome nutrition company. The Nutrition Greenhouse program provides selected startups with a €20,000 grant, mentorship, workshops, and collaboration opportunities. One of the startups will also have a chance to win an additional prize of €100,000. PepsiCo is actively seeking new food technologies and is focusing on Israeli foodtech startups. The program is overseen by PepsiCo Europe & Sub-Saharan Africa division.
PartnersInvestmentAcquisition
growth-positive
Israeli Company Develops Chocolate for Diabetics
Israeli start-up A1C Foods is developing low-carb, low-glycaemic index foods, including chocolate and ice cream, that do not impact blood sugar levels. The company was founded by Ran Hirsch, a tax attorney and entrepreneur, and Mariela Glandt, an endocrinologist, after Hirschs daughter was diagnosed with diabetes. A1C Foods uses traditional ingredients, such as flour and sugar, with a patent-pending formulation that lowers the glycaemic index. The company is currently raising a $2m investment round and is also developing a line of healthier versions of popular junk foods.
Investment
