PepsiCo named 10 finalists for its fifth annual Greenhouse Accelerator, a mentor-guided program supporting today’s innovators developing ways to transform how consumers eat, drink and live.
This year's program extended into emerging science and technologies that can help the No. 3 consumer goods company stay close to evolving consumer tastes and preferences. Each of the participating companies will receive $20,000 in grant funding and begin a six-month personalized business mentorship program.
The 10 innovators — who were selected by a team at PepsiCo based on their ability to offer ingredients, products or services that encourage a healthy lifestyle and enable health management and wellness on a global scale — will receive guidance across functions including R&D, supply chain and design.
Mentors will collaborate with the companies to solve a range of business challenges, including business model development, scaling technology and go-to-market strategy. In June, one company will be awarded an additional $100,000 in funding to continue its growth.
"There's no question that COVID-19 has renewed consumer interest in taking control of their personal health and wellness, and we continue to explore how this evolves in the food and beverage space," added Antonio Tataranni, senior VP, R&D and chief medical officer, PepsiCo. "Our research and development team continues to look for emerging and disruptive solutions that address consumer needs, such as creative innovations in personalized nutrition, functional foods and supplements, and new technologies that enable vitality."
PepsiCo shared details on the 10 companies selected:
BioLumen is a nutritional technology company that engineers 100% natural structured fiber that absorbs sugars and fats in the stomach.
Biosustain Labs develops sustainable functional food products for consumers looking for specific health benefits from their foods.
Braingaze is a scientifically proven and clinically validated digital solution to detect and treat cognitive dysfunctions using mind-tracking technology.
Canomiks is making food as medicine a reality through its genomics and AI-based Product Superiority Platform, a platform that helps companies in the functional food and beverage, dietary supplement and skincare industries develop safe and efficacious products.
Carbiotix AB is pioneering microbiome healthcare through modulators and gut health testing services.
LifeNome's Ask Sophie is a precision pregnancy nutrition and health companion that targets an expecting mother's unique biological needs from preconception to post-delivery.
Melico Science uses advanced technology to provide metabolically personalized dietary advice using chemical fingerprinting of a urine sample to give consumers the tools they need to be their healthiest self. It specializes in precision nutrition and wellness.
SeqBiome currently offers microbiome sequencing, analysis, and consultancy for industry to academia clients, and is now looking to expand this into a B2C offering to athletic and performance consumers to improve or maintain their overall physical and mental performance.
Sphera Encapsulation is building a more sustainable food system by using patented technology to develop the next generation of encapsulated products, such as functional foods or taken as functional supplements that have a meaningful social, environmental and health impact.
ZBiotics uses proprietary technology to make genetically engineered probiotics that execute specific beneficial functions for your body, making your healthy life healthier.
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