News & Events.

Trendlines invests in Celleste Bio to make our chocolate supply sustainable

Co-investors include Mondelēz International, Barrel Ventures and Regba Group

7 November 2022

Agrifood

We announced the establishment of Celleste Bio (“Celleste”), a new company focused on producing high value cocoa ingredients using cell culture methods, eliminating the dependence on cultivation of cocoa trees. Celleste’s technology will ensure that cocoa yield supply is invariable, not dependent on climate conditions, close to production sites and a final product of superior quality.

Today, the cultivation of cocoa worldwide can lead to sustainability challenges, including risks of deforestation, child labor and higher carbon emissions than other food sources. New technologies that enable production of cocoa ingredients without these risks can help ensure a more sustainable supply of cocoa ingredients, while appealing to consumers’ increasing interest in more environmentally friendly food choices. Celleste will make cocoa ingredients from naturally occurring cocoa cells without genetic modification or manipulation.

Celleste received their seed investment from The Trendlines Group, Mondelēz International, a global leader in snacking, Barrel Ventures, a US-based seed stage venture fund with experience throughout the food ecosystem, and Regba Group, an Israeli agricultural cooperative. Celleste was founded by four entrepreneurs bringing a wealth of interdisciplinary experience in the agrifood sector, specifically in the cellular biology field: Hanne Volpin, PhD, CTO of Celleste, Avishai Levy, MSc,E., Orna Harel, PhD, and Daphna Michaeli, PhD.

This news appeared in GreenQueen, AgReads, International Confectionery,  and Geektime (Hebrew)

We want to offer people the pleasure and health that high quality cocoa products provide, while eliminating the challenges of sustainable production that we face in cocoa production today.
Celleste Co-Founder & CTO Hanne Volpin, PhD

Trendlines believes that the global need for more sustainable cocoa ingredients today and in the future, represents a tremendous opportunity for all stakeholders.
Trendlines Agrifood Fund CEO, Nitza Kardish, PhD 

Hanne Volpin, PhD, CTO and one of the Co-Founders of Celleste in the lab at Trendlines

See More News

19 December 2021
Agrifood

FruitSpec raises $5 million

FruitSpec’s Yield Management Platform provides digital visibility of fruit yield data to entire supply-chain production units

16 September 2020
Agrifood

Phytolon secures $4.1 million in funding

Funding for fermentation-based technology for the production of food colors

Skip to content