The Venture Codex Logo

The Venture Codex

Nutrition Innovation

11 Tuas South Link 1, #02-10, SHINE@Tuas South, Singapore, 636901

Overview

Nutrition Innovation develops Nucane™, a range of naturally low-glycemic sugars that can be used for sugar replacement and to reduce sugar by up to 70%. Its technology can be licensed to global sugar companies to produce at scale for major food and beverage brands. The company’s first licensed product, Nucane Raw Sugar, has been deployed in Asia‑Pacific (Australia, Malaysia and New Zealand), Latin America and Africa and is being used and tested by a number of food and beverage companies. Founded in Singapore in 2017, NI maintains operations in Singapore, Brazil, Australia, Thailand and California. The company raised a $5M Series A that brought its valuation to $40M. NI plans to use the funds to expand into North American markets.

Total raised
$5M
Funding rounds
1
Latest round
Series A
Latest activity
May 2019

Industries

  • Food and Beverage
  • Food Processing
Visit website

Recent funding

  1. Series A

    May 2019

    $5M

Team

  • Matthew Godfrey

    CEO

    LinkedIn
  • Dr. David Kannar

    Founder, Chairman and Chief Science Officer