Green Queen: Israeli Cell Ag Innovator Pluri Raises $6.5M, Announces Lab-Grown Cocoa Startup Acquisition.
Israel’s Pluri has secured a $6.5M investment and entered the cell-based chocolate space with the impending purchase of a majority stake in Rehovot-based Kokomodo.
After innovating with cultivated meat and lab-grown coffee, Haifa-based firm Pluri is dipping into cell-based chocolate.
The cellular agriculture specialist has acquired at least 71% of fellow Israeli company Kokomodo, which makes cell-cultured cocoa, in a transaction with $4.5M.
Pluri is purchasing these shares from Chutzpah Holdings and Plantae, both of which are under the control of health and tech investor Alejandro Weinstein, who has concurrently poured $6.5M into Pluri’s business.
“Pluri has already demonstrated the great potential of cell-based technologies[.]
Stem Cell Chocolate! Yum!
Kokomodo is the result of a joint venture between The Kitchen FoodTech Hub and Tel Aviv-based Plantae Bioscience, whose technology has been developed behind closed doors for the last two years. [Like Teh Coof "vaccine" ? -DD]
Oreo, Mondelēz VC, Cadbury, Toblerone are all on board.
Give it a few years and it'll likely suffer the same fate of lab grown meat.
Full Blown BDS on this goyslop!
* FREE PR TIP: TO CHOCOLATIERS WHO DON'T USE THIS FAKE COCO, START MARKETING AND ADVERTISING YOUR PRODUCT AS SUCH IMMEDIATELY.