March 1, 2023
Through the partnership, Cargill will have access to Cubiq’s technologies for the development of plant-based alternative foods with benefits that surpass typical products made with animal fats or tropical oils, such as enhancing flavor, improve total fats, saturated fats and caloric content, and may incorporate essential fatty acids (omega 3).
Cubiq’s novel fats, including Go!Drop, join Cargill’s existing portfolio of plant-based solutions, which include plant proteins, texturizers, and traditional fats and oils.
In May 2022, Cargill invested in a € $5.75 million funding round for Cubiq Foods, which was founded in 2018. At the time, Vivek Cherian, meat and dairy alternatives category leader for edible oils at Cargill said, “Our strategic partnership with Cubiq Foods will help us better serve our customers by accelerating the development of plant-based alternatives.”
Cargill’s investment was the first step in a strategic partnership that included product development and an agreement to market and sell Cubiq Foods’ products.
About the Author(s)
You May Also Like