Panda Chocolate Overview
Panda Chocolate has developed a formula to create dairy-free chocolate that tastes like milk chocolate. The chocolate formula is based on a combination of soy and coconut.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
How date night turned into a $3m vegan chocolate company - ISRAEL21c
Panda Chocolate, now known as 7th Heaven, is a company that produces and sells dairy-free milk chocolates. The founders, Daniel Bareket and Elya Adi, developed the chocolates after experimenting with different ingredients and methods. They successfully raised funds through a crowdfunding campaign and opened their first factory in Jerusalem. The chocolates received a positive response in the local market, leading the couple to explore the US market. They discovered a lack of dairy-free milk chocolate options in the US and decided to launch an online store under the name 7th Heaven. The brand attracted positive feedback and caught the attention of investor David Schottenstein, who invested $3 million in the company. The investment will help expand the distribution of 7th Heaven chocolates in the US market and support the development of new vegan chocolate products. The company also prioritizes fair trade and sustainability in its operations.
CustomersInvestment
| Sector | Agriculture & Food Technologies |
Funding
| Total funding | $3.06M |
| Last funding | $3M |
| Stage | A |
| Rounds | 5 |
| Investors | 4 |
Team Members
2
Employees: 1-10
Web & Social Links
| Website | chocolatepanda.co.il |
Locations
Kiryat Tiv'on, Israel
Photos & Videos
2 item(s)
