Mondelēz International Selects 10 Start-Ups to Participate in Second CoLab Tech Accelerator Program
September 04 2024 - 4:05PM
Mondelēz International, Inc. (Nasdaq: MDLZ) today announced 10
companies selected for its second CoLab Tech program, an
accelerator led by the global snack company’s research and
development team. This year’s cohort represents technologies that
can help advance the future of snacking in areas such as cocoa
processing solutions, well-being snacks and ingredients, more
sustainable packaging and manufacturing, and elevated sensory
experiences.
Development of innovative technologies is important as consumers
increasingly prioritize snacking. Mondelēz’s 2024 State of Snacking
Report revealed that, over the last five years, six in 10 consumers
increasingly prefer snacks to traditional meals. With demand for
snacking anticipated to continue to grow, new and innovative
technologies are important catalysts to help maintain and drive
continued growth. CoLab Tech was created to help Mondelēz advance
its “Vision 2030” growth agenda by identifying emerging
technologies with new capabilities and helping accelerate and scale
those technologies for possible future use by the company in its
mission to lead the future of snacking.
“As one of the world’s largest snack companies, we are thinking
creatively – including by seeking access to the newest technologies
– to be ready and able to meet the opportunities we see coming in
snacking,” said Ian Noble, Vice President for Global Ingredient
Research & Development at Mondelēz International. “This year’s
CoLab Tech cohort brings exciting, disruptive technologies across
the entire value chain. We are very eager to work with and learn
from them, while also providing the resources and expertise that
can help enable them to grow and scale.”
This year’s CoLab Tech program received nearly 100 applications
from all over the globe. The 10 companies selected include:
- Bread
Free: This Spain-based company developed
technology in the gluten free category that essentially neutralizes
the gluten in wheat flour to deliver the same eating experience as
mainstream baked goods and snacks, but without gluten.
-
Enginzyme: This Sweden-based
creator of enzyme-enabled biomanufacturing processes is developing
a sustainable and cost-efficient method of making a prebiotic
trisaccharide, or ‘gut-friendly sugar’ that can lower overall sugar
content and calories without compromising the taste and texture of
food products.
-
Enjay: This Sweden-based company
is the first in the world to create a system that can recover and
recycle waste heat generated by manufacturing facilities,
restaurants and other exhaust sources, and then re-introduce it
into the production cycle as a new energy/heating source that also
lowers CO2 emissions.
- hs-tumbler
GmbH: This Germany-based company has
created a ‘new age industrial mixer’ without stirrer that is a
faster, gentler and highly efficient way of stirring, rolling and
mixing ingredients. Utilizing ultrafast micro-batches it can be
programmed to deliver personalized, consistent, smooth end
products.
-
Kokomondo: This Israel-based
company uses cell-cultured technology to navigate supply chain
challenges by creating real, controlled, climate-resilient cocoa.
This allows cocoa to be consistently produced year-round and
anywhere in the world without relying on specific climates.
-
Luminescent: This Israel-based
clean energy start-up has developed a thermodynamic cycle that uses
liquid instead of gas to dramatically improve the efficiency and
economics of heat-to-electricity and electricity-to-heat
conversion. Luminescent’s suite of solutions includes a heat engine
that converts heat into zero-emission electricity, a heat pump, and
long-duration energy storage.
- Outlander
Materials: This Netherlands-based company
has created a technology that upcycles food industry waste into a
flexible, lightweight packaging alternative to single-use plastics.
The company’s product, “Unplastic,” is compostable, toxin free and
has a 70% lower carbon footprint than conventional films.
-
Savor: This United States-based
company’s technology can produce fat and oil using 1,000 times less
energy than commodity agricultural production, and at economic
parity with the production of tropical oils such as coconut and
palm. Savor’s process can deliver net-zero, deforestation-free
fats.
- Tasteomics: this
Switzerland based company has created “Peakaroma” – a plant-based
product with no inherent off-flavors that takes the Kokumi flavor
and sensory experience to new, novel levels. Kokumi enhances the
intensity and mouthfeel of basic tastes – and Peakaroma can take
that beyond the current levels with the added potential of reducing
MSG, fat and calories.
-
Yangi: This Sweden-based
sustainable packaging start-up uses a proprietary technology called
Cellera to convert cellulose pulp into 3D molded products. By using
no added process water and less energy, Cellera can reduce carbon
dioxide emissions by 70% compared to traditional packaging
solutions.
The cohort will participate in an 8-week curriculum that
includes hands-on experiences, virtual sessions, 1:1 mentorship and
access to Mondelēz International’s global network of partners and
experts. Learn more at snackfutures.com.
About Mondelēz InternationalMondelēz
International, Inc. (Nasdaq: MDLZ) empowers people to snack right
in over 150 countries around the world. With 2023 net revenues of
approximately $36 billion, MDLZ is leading the future of snacking
with iconic global and local brands such as Oreo, Ritz, LU, Clif
Bar and Tate's Bake Shop biscuits and baked snacks, as well as
Cadbury Dairy Milk, Milka and Toblerone chocolate. Mondelēz
International is a proud member of the Standard and Poor’s 500,
Nasdaq 100 and Dow Jones Sustainability Index. Visit
www.mondelezinternational.com or follow the company on Twitter at
www.twitter.com/MDLZ.
Forward-Looking StatementsThis press release
contains forward-looking statements. Words, and variations of
words, such as “will,” “may,” “expect,” “plan,” “continue” and
similar expressions are intended to identify these forward-looking
statements, including, but not limited to, statements of belief or
expectation and statements about Mondelēz International’s
leadership position in snacking. These forward-looking statements
are subject to change and to inherent risks and uncertainties, many
of which are beyond Mondelēz International’s control, which could
cause Mondelēz International’s actual results or outcomes to differ
materially from those projected or assumed in these forward-looking
statements. Please also see Mondelēz International’s risk factors,
as they may be amended from time to time, set forth in its filings
with the U.S. Securities and Exchange Commission, including its
most recently filed Annual Report on Form 10-K and subsequent
Quarterly Reports on Form 10-Q. There may be other factors not
presently known to Mondelēz International or which it currently
considers to be immaterial that could cause Mondelēz
International’s actual results to differ materially from those
projected in any forward-looking statements it makes. Mondelēz
International disclaims and does not undertake any obligation to
update or revise any forward-looking statement in this press
release, except as required by applicable law or regulation.
Contacts: |
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Desiree Battaglia (Media) |
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Shep Dunlap (Investors) |
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1-847-943-4772 |
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1-847-943-5454 |
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news@mdlz.com |
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ir@mdlz.com |
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