JuiceInnov8, a Bangkok based deeptech startup in food biotechnology space, has closed a pre-Series A funding led by 500 Startups (500 Durians and 500 Tuktuks), making the total amount raised (including Seed Round and grants) at USD 1.2 M to date.
As the first venture-backed food-biotech startup in Asia, the company is now on the verge to reinvent global beverage industry with a better & healthier juice that has less sugar & lower calories. By working with leading food & beverage manufacturers worldwide, JuiceInnov8 develops sugar reduction technology platform with natural & non-GM (non-genetically modified) microbes and proprietary sugar conversion process through biotechnology. The technology allows sugar & calories reduction in juice to near zero while preserving its original 100 % juice content and key nutrients.
Proceed from this round will help JuiceInnov8 expand its core scientist & engineering team and help accelerate the development from pilot to commercial scale. The company is now working closely with leading brands & suppliers in the food & beverage supply chain in multiple regions around the globe.