03 Nov CGC leads investment in Ingredient Optimized
CGC leads investment in Ingredient Optimized
Additional funds will be used to expand Ingredient Optimized’s technology, which currently allows products to see up to 24x more absorption compared to non-optimized sources
Ingredient Optimized announced a new financing round led by Continental Grain Company (CGC), a food investor with investments in companies such as Impossible Foods, Memphis Meats, Panera, KraftHeinz, Keurig, and Wayne Farms. This funding will be used to expand Ingredient Optimized’s technology, which currently allows products to see up to 24x more absorption compared to non-optimized sources. Brian Loeb of Continental Grain will be taking a board seat at io. SOSV is also an additional investor in this round, with investment bank William Hood & Company serving as an advisor to the round.
“Our investments focus heavily on cutting edge food technology such as, Impossible, Memphis Meats, and Modern Meadow,” said Brian Loeb, Co-Head, Conti Ventures at Continental Grain. “Ingredient Optimized’s devotion to bringing scientific and clinically-backed technological solutions to its platform made it a natural fit for our expanding portfolio. The tech platform’s potential to disrupt numerous categories – from sports nutrition and food and beverage to clinical nutrition and animal feed – is palpable and we’re excited to see what they do next.”
For more on the round, please see exclusive coverage on The Spoon
About Ingredient Optimized:
Ingredient Optimized is a biotechnology company focused on improving the quality of protein and overall nutrition through their Ingredient Optimized technology. When their io isolate is a component ingredient, protein products are able to deliver superior protein absorption by the body, reduced stomach discomfort, and improved taste. Backed by scientific research and clinical trials, the io technology is able to improve health outcomes for the protein-deficient elderly and bodybuilders alike.
For more information please visit https://www.becomeio.com or contact Chris Flynn-Rozanski.
Email: [email protected]