About DouxMatok
DouxMatok is an Agriculture company based in Petah Tikva (Israel) founded in 2014 by Avraham Baniel and Eran Baniel. It creates efficient sugar alternatives for reduced intake in food and beverage applications. It operates on a B2B model in Agriculture and Consumer sectors. DouxMatok has raised $30 million across 1 funding round from investors including dsm-firmenich, Ferrero and Sienna. Its chief executive, as recorded, is Eran Baniel. DouxMatok offers products and services including Incredo Sugar and Incredo Sugar G2. Its focus areas include Food and Agriculture Tech, Nutraceuticals, Health-Enhancing Additives and Functional Foods. Its legal entity is Incredo Ltd. Its competitors include Better Juice, Amai Proteins and CarobWay; 1 of its 3 listed competitors has raised funding.
Company details
Incredo is a global food-tech company that produces Incredo Sugar, enhancing sweetness perception to enable up to 70 sugar reduction in various products. Made from real cane or beet sugar, it maintains natural taste without aftertastes or artificial additives. The company focuses on clean-label ingredients for applications like baked goods, chocolates, and snacks, promoting better nutrition and sustainability through partnerships.
- Headquarters Petah Tikva, Israel
- Founders Avraham Baniel, Eran Baniel
- SectorsAgricultureConsumer
- Website douxmatok.com
- Social LinkedIn X Facebook
- Legal Name Incredo Ltd
- Total Equity Funding$30M (USD)
in 1 rounds
- Latest Funding Round$30M (USD), Series C
May 2023
- Investorsdsm-firmenich
& 4 more
Products & Services of DouxMatok
DouxMatok offers a comprehensive portfolio of products and services, including Incredo Sugar and Incredo Sugar G2.
Enhanced real sugar for up to 70% reduction in products without altering taste.
Real sugar combined with protein for nutritional improvement in foods.
Funding Insights of DouxMatok
DouxMatok has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series C round of $30 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $30M
- Total Rounds 1
- Last Round Series C — $30M
- First Round $30M
(May 2023)
- Investors Count 5
All 1 funding rounds of DouxMatok with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
5 investors in total: 5 institutional.
Investors in DouxMatok
DouxMatok has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include dsm-firmenich, Ferrero and Sienna.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in tech and healthtech sectors through dedicated funds. | pitango.com | |||
No specific activity is described for BlueRed Partners. | blueredpartners.com | |||
Health, nutrition, and bioscience solutions are delivered worldwide. | 1902 | dsm.com | Heerlen, Netherlands | |
| sienna-im.com | ||||
Branded confectionery products including chocolates and spreads are manufactured. | 1946 | ferrero.com | Luxembourg, Luxembourg |
Investor details for DouxMatok
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People of DouxMatok
11 people are tracked at DouxMatok (4 in leadership, 7 in board & advisors).
| Name | Role | Group |
|---|---|---|
Avraham Baniel | Co-Founder | Leadership |
Eran Baniel | Co-Founder, CEO | Leadership |
Revital Rodovsky | Chief Financial Officer | Leadership |
Kelly Thompson | Co-CEO | Leadership |
Christina Schwab | Board Member | Board & advisors |
Yishai Klein | Board Member | Board & advisors |
Wilbur Strickland | Advisor | Board & advisors |
Nicholas Fosteras | Advisor | Board & advisors |
Jacob Robbins | Advisor | Board & advisors |
Estella M. Belfer | Advisor | Board & advisors |
Ittai Harel | Board Member | Board & advisors |
Complete people profiles for DouxMatok
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Timeline of DouxMatok
2 dated milestones of DouxMatok across 9 years, from founding to its latest funding, stage changes and deals.
- Founded DouxMatok is founded.
- Funding First funding round of $30.0M.
Competitors of DouxMatok
DouxMatok has 3 listed competitors in our database, 1 of them funded. They include Better Juice, Amai Proteins and CarobWay.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| better-juice.com | 2017 | Ashdod, Israel | $8M | Juice additives are supplied to enable sugar-free fruit juice production. | ||
| amaiproteins.com | 2016 | Ashdod, Israel | Designer sweet proteins for sugar reduction are developed sustainably. | |||
| carobway.com | 2020 | Ness Ziona, Israel | Innovative clean-label food ingredients are offered by CarobWay. |
Detailed competitors of DouxMatok
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Related news about Douxmatok
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Frequently Asked Questions about DouxMatok
DouxMatok was founded in 2014 and raised its 1st funding round 9 years after it was founded.
DouxMatok is headquartered in Petah Tikva, Israel. It is registered at Petah Tikva, Central District, Israel.
Eran Baniel is the CEO of DouxMatok, as recorded in our data. They have also founded this company.
DouxMatok is a funded company, having raised a total of $30M across 1 funding round to date. The company's 1st funding round was a Series C of $30M, raised on May 2023.
Incredo is a global food-tech company that produces Incredo Sugar, enhancing sweetness perception to enable up to 70 sugar reduction in various products. Made from real cane or beet sugar, it maintains natural taste without aftertastes or artificial additives. The company focuses on clean-label ingredients for applications like baked goods, chocolates, and snacks, promoting better nutrition and sustainability through partnerships.
DouxMatok's top competitors include Amai Proteins, CarobWay and Better Juice.
DouxMatok offers Incredo Sugar and Incredo Sugar G2.
DouxMatok has 5 investors. Key investors include dsm-firmenich, Ferrero, Sienna, Pitango, and BlueRed Partners.
DouxMatok operates through Incredo Ltd.