Sector News

ADM invests in venture capital fund specialised in microbiome

November 6, 2020
Food & Drink

ADM Ventures, the corporate venture capital arm of ADM, has invested in Seventure’s Health For Life Capital (HFLC) Fund II.

Based in Paris, HFLC is a venture capital fund dedicated to health, nutrition, microbiota and digital health.

ADM says that its interest in the microbiome focuses on the complex bacterial ecosystem that lives within the digestive tract.

“With a better understanding of how the microbiome ecosystem works, we can develop functional ingredients for dietary supplements and food and beverage solutions targeted to help improve overall health,” said Darren Streiler, managing director of ADM Ventures.

“We are focused on looking at new, innovative solutions that can lead to a more balanced bacterial system in your digestive tract, otherwise known as a healthy gut, and can help lead to better health.”

Seventure has previously invested in companies including functional ingredients producer MycoTechnology and self-cleaning water bottle creator, Larq, as well as a host of companies in the microbiome category.

“We view Seventure as the premier investor in microbiome start-ups focused on human health and nutrition, and since 2018, ADM has worked closely with the Seventure team to identify opportunities with microbiome solutions that can ultimately help with dietary supplements and food and beverage applications to serve as functional or proactive solutions,” said Streiler.

“We believe Seventure can help meet the long-term demand we see as the result of the convergence of food and pharmaceuticals and consumers looking more towards bioactives and nutrition for wellness solutions.”

As part of its focus on nutritional ingredients, ADM has recently unveiled plans for a new probiotics production facility in Valencia, Spain.

The expansion project represents a five-fold increase in probiotics production capacity through ADM Biopolis.

The facility, which will produce microbiome solutions targeting areas including weight management, skin health, immune health and gut health, is planned to be online in 2022.

By Antonia Garrett Peel

Source: foodbev.com

comments closed

Related News

October 17, 2021

France to ban plastic packaging for fruit and vegetables

Food & Drink

The government has published a list of around 30 fruits and vegetables that will be subject to the plastic packaging ban coming into effect on 1 January 2022. The list includes courgettes, aubergines and cucumbers, as well as apples, oranges and pears.

October 17, 2021

Kraft Heinz unveils plans for a circular PET ketchup bottle

Food & Drink

Kraft Heinz has detailed plans to release a circular PET tomato ketchup bottle by 2022 in its latest Environmental Social Governance report. The company has made progress towards its aim of using 100% recyclable, reusable or compostable packaging by 2025.

October 17, 2021

Beverages category fizzes with AI-generated soda, hemp-based gin, “green” cola & coca leaf infusions

Food & Drink

The drinks category is brimming with trend-driven launches including flavorful, energizing and better-for-you beverages. FoodIngredientsFirst speaks to disruptive fizzy beverage brands, whose offerings include a classic cola recipe reimagined with a clean label twist, as well as AI-generated flavor synergies.

Send this to a friend