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Doehler Ventures has made an investment in pioneering food-tech business Clean Food Group
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Through a further technical collaboration agreement Doehler Group will provide its industry-leading expertise in production scale up to accelerate Clean Food Group’s technology,
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Clean Food Group’s mission is to be part of the solution to the environmental crisis beginning with the production of its palm oil alternative
Clean Food Group – a pioneering UK-based food-tech business that has developed a revolutionary and sustainable, bioequivalent alternative to palm oil has announced that it has received investment from Doehler Ventures, part of the Doehler Group, a global producer, marketer and provider of technology-driven natural ingredients, ingredient systems and integrated solutions for the global food, beverage and nutrition industry.
As part of an accompanying collaboration agreement between the two companies, Doehler Group will support the scale up of the Clean Food Group’s technology, demonstrating production at commercial scale as well as manufacturing product batches required for market approval. The two groups plan to continue the strategic partnership in the future, as Clean Food Group continues to develop their category offerings.
The revolutionary sustainable palm oil alternative will help reduce the detrimental environmental impact of a range of palm-based ingredients that can be found in nearly 50% of all packaged products on our supermarket shelves. Clean Food Group’s mission is to be part of the solution to this environmental crisis beginning with the production of its palm oil alternative.
The global palm oil market was valued at US$ 50.6 billion in 2021 and is expected to reach US$ 65.5 billion by 2027. However, palm oil production continues to be a major driver of deforestation of some of the world’s most biodiverse habitats, impacting critically endangered species like the orangutan, pygmy elephant and Sumatran rhino. This process combined with the conversion of carbon-rich peat soils, is releasing millions of tonnes of greenhouse gases into the atmosphere, contributing to climate change.
Alex Neves, co-founder and CEO of Clean Food Group says: “We are delighted to be partnering with Doehler Group, a leading manufacturer and innovator within the area of technology-driven natural ingredients and ingredient systems.
With Doehler Group’s support, we are excited to accelerate the scale-up of our ground-breaking technology, which will allow us to bring our sustainable palm oil alternative to market more quickly.”
Innovations in Food (& Beverage) Technology is a quarterly magazine distributed globally both in Print and Digital formats. www.innovationsfood.com. Twitter: @Innovfoodtech. Instagram: @innovationsinfoodtechnology. Linkedin: www.linkedin.com/in/terry-prior52
