Incredo
Formerly DouxMatok
Flavor Enhancement Technology
Startup C Agriculture & Food Technologies Est. 2014
Total Raised
$60.12M
C
Last Round
$30M
8 rounds
Investors
14
14 public
Team
7
11-50 employees
Confidence
100/100
News
31
articles
Patents
1
About
Incredo (formerly DouxMatok) is a global food tech company and the creators of Incredo Sugar. Incredo has developed a proprietary technology for targeted flavor delivery. The company's solution is designed to enhance the perception of sweetness with no aftertaste, enabling the reduction of sugar in chocolates, cakes, biscuits, caramels, spread, gummies and more. Recognized as a special mention in the ‘Best Inventions of 2020’ by TIME, Incredo Sugar is a first-of-its-kind, sugar-based sugar reduction solution. Made from real cane and beet sugar, Incredo Sugar provides between 30%-50% reduction of sugar in food and snacks, while maintaining the sweet taste of sugar.
Classification
Sector
Agriculture & Food TechnologiesFood TechFood Trade & ServicesNovel Food & Ingredients
Core Technology
Materials & SubstancesRaw Materials
Target Customer
Agriculture & FoodProcessed FoodsIngredients
Business Model
B2B
Tags
foodtechfood-and-beveragenutritionnovel-ingredientslow-sugar-foods
Funding & Events
Sep 2017
A Round $8.1M
Pitango HealthTech (Lead), Gil Horsky, FoodLab Capital
Oct 2018
Non-equity $19K
May 2023
C Round $30M
Sienna Venture Capital (Lead), DSM Venturing (Lead), La Maison Partners, Teseo Capital, Pitango HealthTech, BlueRed Partners
Jun 2019
B Round $22M
BlueRed Partners (Lead), OurCrowd, FoodLab Capital, Pitango HealthTech, b2venture, Singha Ventures, La Maison Partners
Jun 2018
Non-equity Undisclosed
BIRD Foundation
Feb 2014
Seed Undisclosed
Rhodium, FoodLab Capital, Gil Horsky, Daniel Recanati
Aug 2020
Undisclosed Round Undisclosed
Gefen Capital
Non-equity Undisclosed
EU Horizon 2020
News (31)
Jul 10, 2024 · agfundernews.com
growth-positive
Incredo partners with Sucro, works with ‘some of the world’s most iconic food brands’ on sugar reduction
PartnersInvestment
May 24, 2023 · techcrunch.com
growth-positive
DouxMatok takes sweet journey to become Incredo after securing $30M
Investment
Oct 12, 2022 · www.businesswire.com
growth-positive
Better Nutritionals and DouxMatok Announce a Partnership to Offer Great Tasting Sugar Reduced Gummies Utilizing Incredo® Sugar
PartnersCustomers
Jun 15, 2022 · finance.yahoo.com
DouxMatok and Batory Foods Announce a Commercial Partnership to Expand Availability of Incredo® Sugar to Food Companies in the US
Jan 18, 2022 · www.bakingbusiness.com
growth-positive
DouxMatok hires former Kraft VP to lead North American efforts
PartnersCustomers
Jan 9, 2022 · www.foodnavigator-usa.com
growth-positive
DouxMatok & Blommer Chocolate bring 'game changing' portfolio of sugar-reduced chocolate to US
CustomersPartners
Jul 23, 2021 · www.maariv.co.il
growth-positive
בלי לוותר על הטעם: פיתוח ישראלי מפחית ב־50% את כמות הסוכר
InvestmentExpand
May 6, 2021 · www.israel21c.org
growth-positive
High-tech cocoa spread with 50% less sugar hits US shelves
CustomersPartners
Apr 21, 2021 · nocamels.com
growth-positive
DouxMatok Unveils 1st Products With Sugar-Reducing Tech - Chocolate Spreads
CustomersPartners
Mar 21, 2021 · www.jpost.com
growth-positive
https://www.jpost.com/health-science/a-sweet-israeli-food-innovation-designed-to-combat-covid-19-obesity-662681
CustomersPartners
Jan 28, 2021 · www.businesswire.com
DouxMatok Appoints a U.S. Based Executive Team to Accelerate Introduction of Incredo® Sugar, a Sugar Reduction Solution Based on Real Cane Sugar, in North America
Nov 15, 2020 · www.geektime.com
growth-positive
Israeli company "hacks" sugar and the results are oh-so sweet
Partners
Oct 29, 2020 · www.geektime.com
growth-positive
Israel's DouxMatok partners with Canadian sugar giant to sweeten up your low sugar options
Partners
Aug 6, 2020 · www.foodnavigator-usa.com
growth-positive
DouxMatok gears up for US launch, tests next-generation enhanced sugar using fiber as a carrier
PartnersCustomers
Jun 8, 2020 · nocamels.com
growth-positive
Sweet Disposition: DouxMatok's Revolutionary Sugar Is Here To Change The Game
CustomersPartnersInvestment
Jan 16, 2020 · nocamels.com
growth-positive
5 Healthy Snack Foods With An Israeli Flavor
CustomersPartners
Jun 19, 2019 · www.calcalistech.com
growth-positive
Sugar Enhancing Startup DouxMatok Raises $22 Million
Investment
Aug 20, 2018 · www.thetimes.co.uk
growth-positive
Scientists find a healthier way to replicate the sweetness of cake
Customers
Jul 31, 2018 · nocamels.com
growth-positive
Israel's DouxMatok Inks Deal With EU's Largest Sugar Producer
Partners
Feb 26, 2018 · www.fooddive.com
growth-positive
Sugar's future tastes sweet despite health push, competing sweeteners
CustomersPartnersAcquisition
+ 11 more articles
Details
Product Stage
Released
Employees
11-50
Exact Count
41
District
Center District
Founded
2014
Registrar
515015105
Crunchbase
douxmatok
Locations
1 Haim Holtzman Street, Rehovot, 7670401, Israel
1501 Ranch Rd 620 N c, Lakeway, TX 78734, USA
Links
Website
LinkedIn
Facebook
Admin
Last Update
Jan 1, 2025
Verified by
Yanina Wainscheinker
Claimed
Yes
Missing
markets
Team (7)
Eran Baniel
Co-founder & Chairman
Founder
David Tsivion
CTO
Liat Cinamon
Chief Growth Officer
Ofer Bonen
VP Operations
Efrat Goldberg
VP People
Yaron Tzur
VP R&D Application
Cara Schneiderman
Digital Marketing Lead
Internal
Created by
Jenny Sotnik-Talisman (genys30@yahoo.com)
Created
2014-07-20T00:00:00.000Z
Last editor
Ortal Wein (ortalw@sncentral.org)