Company Overview
Snapshot
Founded in May 2015 by Elya Adi Bareket and Daniel Bareket, Panda Chocolate operates with 1–10 employees. The company has raised $3.06 million across five funding rounds from four investors.
Business overview
Panda Chocolate specializes in the development and production of dairy-free chocolate that replicates the taste and texture of traditional milk chocolate. The company's core technology utilizes a proprietary formula based on a combination of soy and coconut. Panda Chocolate serves the food retail and consumption markets, with a focus on home and wholesale distribution, and operates within the Agriculture & Food Technologies sector, specifically in Food Tech and Novel Food & Ingredients categories.
Strategic signal
In April 2023, news highlighted Panda Chocolate's success in developing a vegan chocolate formula that tastes like milk chocolate, leading to a reported $3 million valuation. This signals strong market validation for its innovative approach to plant-based alternatives within the food industry, indicating potential for significant growth in the expanding vegan and health-conscious consumer segments.
Log in to access full profile ›Company Intelligence Q&A
- When was Panda Chocolate founded?
- Panda Chocolate was founded in May 2015 by Elya Adi Bareket and Daniel Bareket.
- What is Panda Chocolate's primary product?
- Panda Chocolate's primary product is vegan chocolate, developed with a formula based on soy and coconut to mimic the taste of milk chocolate.
- Which markets does Panda Chocolate serve?
- Panda Chocolate serves geomarkets in Israel and the United States with its vegan chocolate products.
- What is the total capital raised by Panda Chocolate?
- Panda Chocolate has raised a total of $3.06 million across 5 funding rounds.