a year ago

Nukoko Secures €1.3 Million to Scale Up Production of Cocoa-Free Chocolate

  • Nukoko, a Guildford-based company, has raised over €1.3 million in Seed funding led by Oyster Bay Venture Capital, with participation from SOSV, The Mills Fabrica, and an Innovate UK grant

  • Nukoko has developed a fermentation process that turns fava beans into a delicious chocolate alternative, offering a more sustainable and healthier option than traditional chocolate

  • The investment will allow Nukoko to scale up production and expand its R&D efforts.

      • ProblemFood and Beverage

      "cocoa industry facing a potential 25% decline in supply by 2033, resulting in crippling cocoa prices and impacting consumers"

      Solution

      "Nukoko's fermentation process to turn fava beans into a delicious chocolate alternative, reducing CO2 emissions by up to 90%, with 40% less sugar, high protein, fibre, and antioxidants"

      Covered on