Mondelēz International announced on April 25th that it has reached a collaboration agreement with The Kitchen; Israel’s only FoodTech-focused incubator and one of the first FoodTech incubators in the world. This collaboration is led by Mondelēz International’s R&D and SnackFutures team, the company’s innovation and venture hub aimed at unlocking snacking growth opportunities around the world.
The collaboration will enable Mondelēz International to have unparalleled access and visibility to one of the world’s leading FoodTech ecosystems. At the same time, Mondelēz International will offer technological and commercial expertise to entrepreneurs from The Kitchen and provide an opportunity to work in the company’s global Technical Centres.
Founded in 2015 as a part of the incubators program of Israel Innovation Authority, and owned by Strauss Group. The Kitchen strives to empower food companies to create new sustainable practices and products. Some examples of their areas of interest are: supply chain technologies, efficient food processing, sensors for food safety and quality, prolonged shelf-life and reduction of food spoilage, smart packaging, ingredients and products with new health benefits, improved nutritional profiles and reduction of environmental footprints.
The Kitchen’s portfolio currently includes 12 companies, among them several vegan companies, including Aleph Farms, Zero Egg and Yofix Probiotics.
Jonathan Berger, CEO of The Kitchen stated: “The Kitchen, as a ventures builder, constantly seeks to bring value to its portfolio companies. Partnering with an industry leader such as Mondelēz International will bring tremendous value to The Kitchen and our portfolio companies. We look forward to working with their dedicated team and to introducing Israeli FoodTech innovation from seed to shelf around the globe.”