The Venture Codex Logo

The Venture Codex

Ingredion

5 Westbrook Corporate Center, Westchester, IL, 60154, USA

Overview

Ingredion Incorporated is a global ingredient solutions provider to the food, beverage, brewing and pharmaceutical industries as well as numerous industrial sectors. We are committed to supplying our customers with quality, innovative ingredient solutions that are on trend and in demand. Headquartered in the Chicago suburb of Westchester, Illinois, we turn corn, tapioca, wheat, potatoes and other raw materials into a myriad of ingredients. With more than 11,000 employees around the world, we serve customers in more than 60 diverse markets in over 100 countries. In 2013, our net sales reached $6.3 billion.

Total investments
1
Lead investments
1
Investments · 12mo
0
Active investors
8

Sector focus

  • Brewing
  • Food and Beverage
  • Food Processing
  • Manufacturing
  • Retail
Visit website

Investment portfolio

  • The EVERY Company

    Led · Series B · Apr 2019

    San-Francisco-based The EVERY Company engineers highly functional egg proteins—such as OvoPro (ovalbumin) and OvoBoost—through precision fermentation instead of relying on chickens. Its shelf-stable, powder-format ingredients replicate or exceed the performance of traditional eggs, offering bakeries and other food producers a cage-free-compliant, 18-month-stable supply that sidesteps avian-flu and price-volatility risks. The firm is already selling metric tons of product each month at commercial scale and will see its proteins debut nationwide in Walmart-stocked products this month. Proceeds from its latest financing will expand manufacturing capacity and push the business toward profitability as it targets the $270 billion global egg market, with an initial focus on high-volume bakery customers. EVERY positions its biomanufacturing platform as a resilient, geographically flexible addition to the global protein supply chain. The company’s B2B model aims for mass-market adoption by supplying multinational food brands with drop-in egg alternatives. While revenue figures were not disclosed, management states that the business has moved from proof-of-concept to industrial-scale production.

Team

  • Sukgu Kim

    Chief Financial Officer (PureCircle)

    LinkedIn
  • Stephen Latreille

    Vice President Finance North America

    LinkedIn
  • James Zallie

    Executive Vice President, Global Specialties, President, Americas

    LinkedIn
  • Richard O'Shanna

    Vice President, Tax

    LinkedIn