MeliBio, a Californian food tech startup, has received a strategic investment as part of a pre-Series A round to expand its vegan honey, Mellody. The investment, from Future Food Fund by Oisix, will help scale up distribution of MeliBio's plant-based sweetener, Mellody. The company aims to replicate honey without using bees, as honey production has negatively impacted wild bee populations and overall biodiversity.
MeliBio has launched Mellody nationwide through various partnerships and is also expanding its distribution internationally. Additionally, the company is focusing on precision fermentation technology to efficiently produce plant-based products. MeliBio has made significant advancements in its precision-fermented honey production and is working to further optimize the process with the help of biomanufacturing partners. The investment from Future Food Fund reflects MeliBio's mission to transform the honey industry and make a positive impact on biodiversity and the environment.
*This summary was generated using AI.
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