Oobli and Ingredion Announce Partnership as Demand for Sweet Proteins Accelerates
Rhea-AI Summary
Oobli, the first company to build a sweet protein platform, has announced a partnership with Ingredion to accelerate industry access to healthier sweetener systems. The collaboration aims to combine natural sweeteners like stevia with Oobli's proteins that sweeten. Sweet proteins can be used in various food and beverages, including sodas, baked goods, yogurts, and candies.
The partnership follows Oobli's recent FDA GRAS 'no questions' letters for two sweet proteins (monellin and brazzein), confirming their safety for use in food and beverage products. Oobli has also completed an $18M Series B1 funding round, with new strategic investors including Ingredion Ventures, Lever VC, and Sucden Ventures joining existing investors like Khosla Ventures and Piva Capital.
The companies will showcase their novel sweet treats at Future Food Tech in San Francisco on March 13-14, 2025. Oobli's sweet proteins are produced via fermentation, offering a cost-effective and climate-friendly alternative to traditional sweeteners.
Positive
- Secured strategic partnership with major ingredient provider Ingredion
- Raised $18M in Series B1 funding from notable investors
- Received FDA GRAS approval for two sweet proteins
- First company globally regulated to sell sweet proteins as sweeteners
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, INGR gained 0.23%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Ingredion Ventures, Lever VC, and Sucden Ventures join existing key investors to close an
"Sweet proteins are a long-overdue addition to the toolkit of better-for-you sweeteners," said Ali Wing, CEO at Oobli. "Working with Ingredion's best-in-class teams to pair natural sweeteners with our novel sweet proteins will deliver game-changing solutions in this important, growing and timely category."
Sweet proteins are a great-tasting, healthier sweetener that can be a foundational part of any combination of sweetener ingredients in food and beverages, including sodas, baked goods, yogurts, candies and more. Sweet proteins can also be used to cost effectively complement other natural sweeteners, helping food companies achieve ideal levels of sweetness, meet nutrition objectives and manage costs.
"We've long been at the forefront of innovation in sugar reduction solutions, and our work with sweet proteins is an exciting new chapter in that journey," said Nate Yates, VP and GM Sugar Reduction and Fiber Fortification, CEO Pure Circle at Ingredion. "Whether we're enhancing existing sweetener systems with sweet proteins or using our established sweeteners to unlock new possibilities, we see incredible synergies across these platforms."
Oobli and Ingredion recently tested several co-developed products to better understand the opportunities for sweet proteins and stevia. Both companies shared enthusiasm about the consumer feedback collected, which ultimately led to the partnership. Next month, the two companies will unveil some of these novel sweet treats at Future Food Tech in
This partnership news follows recent announcements by Oobli that it had received FDA GRAS "no questions" letters for two sweet proteins (monellin and brazzein), confirming that these novel sweet proteins are safe to be used as a sweetener in food and beverage products.
In addition to their latest regulatory and partnership announcements, Oobli has also recently completed
This round supports Oobli's expansion across food and beverages with sweet proteins, both as a standalone solution, as well as in combination with other natural sweeteners, such as stevia, developed in partnership with Ingredion.
About Oobli
Oobli is a sweet protein technology platform company focused on replacing sugar in food and beverages. Sweet proteins have no glycemic impact or effect on the gut microbiome. Produced via fermentation, Oobli sweet proteins are both cost-effective as a sweetener replacement and climate friendly, saving massive amounts of land, water and carbon compared to farmed sugarcane. Oobli is the first and only company in the world regulated to sell sweet proteins as a sweetener, with two FDA "no questions" letters, four proteins with self-affirmed FDA GRAS status and one protein with FDA FEMA GRAS status. In addition to selling its own protein-sweetened chocolates, Oobli partners with companies to help deliver great-tasting, affordable and healthier products. For more information, visit oobli.com.
About Ingredion
Ingredion Incorporated (NYSE: INGR) headquartered in the suburbs of
Media Contact
press@oobli.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/oobli-and-ingredion-announce-partnership-as-demand-for-sweet-proteins-accelerates-302375717.html
SOURCE Oobli