Imagine a world without chocolate. Horrifying, right? But the supply of cocoa is endangered and chocolate is as bad as meat for our planet.
We make future-proof chocolate using precision fermentation. Doing this, our chocolate is 10x more sustainable and 20% cheaper than conventional chocolate. In order to mimic the organoleptic properties of chocolate (tender, smoothly melting taste release) we are working on the flavor itself but also on replacing the cocoa butter.
55 Mio lbs of chocolate are consumed every day. By 2035 we will substitute a big chunk of it through our sustainable chocolate.
We make future-proof chocolate using precision fermentation. Doing this, our chocolate is 10x more sustainable and 20% cheaper than conventional chocolate. In order to mimic the organoleptic properties of chocolate (tender, smoothly melting taste release) we are working on the flavor itself but also on replacing the cocoa butter.
55 Mio lbs of chocolate are consumed every day. By 2035 we will substitute a big chunk of it through our sustainable chocolate.
Location: Germany, Bavaria, Munich
Employees: 1-10
Total raised: $6M
Founded date: 2021
Investors 5
| Date | Name | Website |
| 17.11.2021 | Fifty Year... | fiftyyears... |
| 03.08.2022 | World Fund | worldfund.... |
| 11.08.2021 | Y Combinat... | ycombinato... |
| - | Tet Ventur... | tet.vc |
| 27.10.2021 | Cherry Ven... | cherry.vc |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 28.10.2021 | Seed | $6M | - |
Mentions in press and media 11
| Date | Title | Description |
| 11.05.2022 | Europe’s Largest Climatetech VC Fund Offers Investment Insights | Danijel Visevic, World Fund Co-Founder World Fund |
| 06.05.2022 | BREAKING: Tomorrow Farms lands $8.5m to develop next-gen pantry staples | Right on the cusp of announcing its first product, New York-based food tech company Tomorrow Farms has announced an $8.5 million seed round to recreate refrigerator and pantry staples with healthier ingredients. The round was led by Lowerca... |
| 06.12.2021 | Cellular agriculture & emerging markets: Just because we can, does it mean we should? | Saron Berhane is an agrifoodtech entrepreneur based in Sydney, Australia. The views expressed in this guest commentary are the author’s own and do not necessarily reflect those of AFN. Alt-protein is taking the food world by storm. Plant-ba... |
| 28.10.2021 | Germany’s QOA Raises $6M In Seed Funding For Cocoa-Free Fermented Chocolate Production | 3 Mins Read Cocoa-free chocolate maker QOA has raised $6 million in seed funding. The round was led by Cherry Ventures and included participation from 50years, World Fund, Nucleus Capital, Trellis Road, Pioneer Fund, and Tet Ventures. The n... |
| 27.10.2021 | QOA brings in seed round to do for chocolate what Oatly did for milk | Munich-based QOA is gearing up to be among the first to bring a chocolate product to market that is 100% cocoa free. It is also now backed by $6 million in seed funding in an investment round led by Cherry Ventures with participation by Fif... |
| 26.10.2021 | World Fund is a new €350M climate VC fund incubated by green search engine Ecosia | You might have previously thought that Ecosia was a nice-to-have search engine that planted trees when you punched-in a search term. Lovely. How nice. But no. Ecosia’s founders and the network around it are far more serious about climate ch... |
| 26.10.2021 | The biggest European climate tech fund launches to invest €350M in decarbonization | Company: World Fund, a €350M climate tech venture fund launches today to become the biggest climate tech VC in Europe that supports founders who use technology to tackle the climate crisis. The initiator of the fund is the German tech start... |
| 31.08.2021 | Here are all the companies from Y Combinator’s Summer 2021 Demo Day, Part 1 | Today Y Combinator kicked off the Demo Day cycle for its Summer 2021 cohort. The collection of early-stage startups on day one-of-two alone numbered in the hundreds, meaning that we had to assemble a team here at TechCrunch just to cover it... |
| 16.08.2021 | Немецкий стартап начал производить шоколад без какао, чтобы уменьшить углеродный след от шоколада | Стартап QOA придумал, как производить шоколад без какао. Для этого компания использует прецизионную ферментацию других ингредиентов. Отказ от какао позволяет уменьшить углеродный след шоколада и решить проблему использования детского труда ... |
| - | QOA | “The chocolate revolution is here. 100% cocoa-free and unbelievably delicious. We call it Nocoa. You need to try it!” |
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