Press release
Mondelēz International’s CoLab Tech Program Announces Start-Ups Selected to Participate in Its Inaugural Class
CoLab Tech is a start-up engagement program focused on accelerating companies that address key R&D topics and priority areas for Mondelēz
About this update from Mondelez International, Inc.
[{"type":"text","content":"CoLab Tech is a start-up engagement program focused on accelerating companies that address key R&D topics and priority areas for Mondelēz InternationalApplications were open to early-stage businesses in North America and EuropeThe 9 participants selected represent alternative ingredient, food safety, improved manufacturing and regenerative agriculture technologies CHICAGO, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today announced the 9 companies chosen to participate in CoLab Tech, an accelerator program led by the company’s research and development team to collaborate with start-ups in addressing technology-driven food production and sustainability challenges. CoLab Tech sought early-stage businesses with disruptive solutions that can help accelerate growth and innovation in chocolate, biscuit and baked snacks, while enhancing the global snacking leader’s technological priorities, including reducing carbon footprints, enhancing sensory experiences, improving nutrition profiles and modernizing production processes. The program, selected entrepreneurs in North America and Europe, received applications from all over the world. “One of the most exciting parts of this process was learning about the creative and clever solutions being developed across the globe to solve the food industry’s most pressing ingredient, process and sustainability challenges,” said Ian Noble, Vice President for Global Ingredient Research & Development at Mondelēz International. “We are eager to start learning from and collaborating with these cutting-edge entrepreneurs who will introduce us to new capabilities and also learn from our expertise.” The nine companies are: Captic: The Belgium-based start-up delivers secure and reliable AI-vision solutions that can integrate into a company’s current production processes to provide actionable insights to optimize production efficiency.Computomics: The UK-based company’s platform uses machine learning and metagenomics analysis to monitor different types of pathogens in real time, from the early soil stages to manufacturing facilities.Cultivated Biosciences: The Switzerland-based start-up uses fermentation technology to create a sustainable dairy-free, creamy fat ingredient that can substitute for animal-based ingredients in multiple functions and formulas.Eggmented Reality: Th...