Sugar Enhancing Startup DouxMatok Raises $22 Million
DouxMatok’s product makes sugar taste sweeter by maximizing the efficiency of transporting sugar to the taste buds and enhancing the sense of sweetness transmitted to the brain
Meir Orbach | 13:00 19.06.2019
Petah Tikva-based sugar enhancing startup DouxMatok Ltd. has raised $22 million in a funding round led by Singapore-based firm BlueRed Partners, the former announced Wednesday.
DouxMatok was founded in 2014 and is based in Petach Tikva, a town in the Tel Aviv area.DouxMatok intends to commercialize its branded sugars in early 2020, the company’s CEO and founder Eran Baniel said in a phone interview with Calcalist Wednesday.