Tech Company Financing Transactions
DouxMatok Funding Round
DouxMatok, based in Petach-Tikva, secured $30 million in investment from DSM Venturing, Sienna Ventures and BlueRed Capital.
Transaction Overview
Company Name
Announced On
5/25/2023
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series C
Investors
DSM Venturing (Lead Investor)
Sienna Ventures (Lead Investor)
Proceeds Purpose
The company will use the funds to Scale-Up Commercialisation, Rebrands to Incredo.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
9 Shimshon St.
Petach-Tikva, 4952707
IL
Petach-Tikva, 4952707
IL
Phone
Website
Email Address
Overview
Developer of sugar-based reduction technology designed to offer flavor delivery technologies and compensate with nutritional fibers and proteins. The company's technology specializes to maximize the efficiency of sugar delivery to the sweet taste receptors and enhancing the perception of sweetness, enabling consumers to consume the products they love with substantial sugar reduction without compromising taste, mouthfeel, or texture.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Eran Baniel
Chief Executive Officer
Ari Melamud
Chief Financial Officer
Yoel Nadler
Chief Technical Officer
David Tsivion
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Where The Data Comes From
We report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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