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 a total of $3.06 million across 5 funding rounds from 4 investors.
Business overview
Panda Chocolate specializes in developing dairy-free chocolate formulas that replicate the taste and texture of traditional milk chocolate. The company's core technology utilizes a blend of soy and coconut to achieve its vegan chocolate products. Operating within the Agriculture & Food Technologies sector, specifically in Food Tech and Novel Food & Ingredients, Panda Chocolate serves both retail and wholesale markets, targeting consumers in Israel and the United States with its vegan chocolate offerings.
Strategic signal
In April 2023, Panda Chocolate was highlighted by ISRAEL21c as a successful vegan chocolate company, noting its journey from a date night idea to a $3 million venture. This recognition underscores the growing market demand for plant-based alternatives in the confectionery industry and validates Panda Chocolate's innovative approach to creating dairy-free products that appeal to a broad consumer base. For investors, this signals strong market traction and potential for further growth in the expanding vegan food sector.
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.