Nutrition Innovation Named As One Of Singapore's Hottest Start-Ups
In the eighth edition of Singapore Business Review’s Hottest Startups list, Nutrition Innovation has been named as one of Singapore's top 20 start-ups.
15. Nutrition Innovation
Founder(s): David Kannar
Funding: Nutrition Innovation clinched $6.78m (US$5m) series A funding led by food tech-related VC VisVires New Protein (VVNP). The funding round was also joined by commodity trading firm Enerfo and an undisclosed UK-based family office.
Start of operations: 2017
Nutrition Innovation is focused on sugar reduction, replacement, and innovation. The startup is working to find the alternative sweetener for food and drink that is cost-effective and not a highly refined sugar or alternative sweetener. It is also working to push global sugar companies to produce Nucane, a range of healthier, naturally low glycemic sugars designed for both sugar replacement and sugar reduction by up to 70%. These technologies can be licensed to the industry to be rapidly and efficiently produced at industrial scale for all major food and beverage brands around the world.
Read the full list here.