Celleste Bio is an Israeli startup aiming to revolutionize the cocoa industry with its innovative approach. The company's slogan "Cocoa the new way - Celleste-Bio will deliver high-quality plant cell culture-based cocoa ingredients" encapsulates its mission to produce high quality and high value cocoa ingredients using cell culture methods, thereby reducing reliance on the cultivation of cocoa trees. Founded in 2022 by four entrepreneurs with expertise in the agrifood sector, particularly in cellular biology, Celleste Bio's approach focuses on harnessing naturally occurring cocoa cells without genetic modification or manipulation. The cocoa industry is riddled with sustainability challenges, including deforestation and biodiversity loss, unreliable production due to climate change, child labor issues, and high carbon emissions. In response, Celleste Bio's innovative technologies aim to produce cocoa ingredients without these risks, providing a more sustainable supply while aligning with the growing consumer demand for environmentally friendly food choices. The startup recently secured a Seed Round investment on 07 November 2022, supported by notable investors such as Barrel Ventures, Trendlines Group, Mondelez International, and Regba Group. With its novel approach and focus on addressing critical sustainability issues in the cocoa industry, Celleste Bio is poised to make a significant impact in the Food and Beverage and Manufacturing industries.
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