NuKoKo

We love chocolate but the industry is unsustainable. The chocolate industry is responsible for huge carbon emissions, deforestation and humanitarian issues. And, as the climate changes, there is a looming billion dollar deficit in cocoa supply. Enter, Nukoko - Check out the video to understand our mission and the opportunity that Nukoko brings to Earth loving chocolate advocates worldwide.

Love the Fava bean as much as we do? Here a 5 cool facts about the fava bean to start off your week: 1. The fava bean is one of the oldest grown crops in the world. In the Mediterranean, they date back to 6000 BC. 2. The Fava bean is a rich source of dietary fibres, proteins, vitamins B9, B6 and B1 and minerals such as iron, copper and manganese. 3. The beans enrich the soil with nitrogen, which is why they are the basis of natural fertilisers 4.In ancient Rome and Greece there was talk of koukia, the fava bean, when it came to voting: to say "yes" they would vote with a light fava bean , while a darker bean would be used if the vote was "no". The term has remained in use to describe voting. 5. The fava bean is cultivated in around 50 countries around the world today.

Looking to expand our supply chain! 🌱 We're on the lookout for agents, salespeople, and wholesalers specializing in Fava beans from the EU and beyond. Your expertise could be the missing piece in our sourcing puzzle. Reach out if you can help us grow! 🌍 #SupplyChain #FavaBeans #EU #Networking

The #USPProject #Episode 18: #Chocolates without #Cocoa In recent weeks, #chocolate lovers have witnessed the resurgence of two of the most chilling #words in the history of #commoditymarket headlines: #Cocoa Shortage. Over the past year, cocoa #prices have roughly quadrupled, following poor harvests in #IvoryCoast and #Ghana, the two countries that produce most of the world’s #supply. #Processors have scaled back or shuttered, leaving chocolate-makers without the usual reserves of #cocoabutter and #liquor to produce confections. The cocoa situation looks much more protracted than your usual commodity market cyclicality as we enter the fourth year of poor harvests. #Consumption of chocolate products continues to grow steadily, with the #global #market #forecast to exceed $250 billion this year. While this causing massive #demand #supply gaps, some startups are bucking this whole trend by adding #innovation and making #chocolates without traditional cocoa #beans. One such name is NuKoKo NuKoKo is an #innovative #UK-based startup that has developed the world's #first cocoa-free chocolate using #fava beans. Founded in 2022 by chocolate entrepreneurs Ross Newton and Kit Tomlinson, alongside cocoa research #scientist #Professor David Salt , #Nukoko aims to address the #environmental and #ethical issues associated with traditional chocolate production. The company's chocolate alternative and it #proprietary fermentation #process, in these adverse times, has attracted a lot of investors to their captable including the likes of Oyster Bay Management GmbH , with participation from SOSV, IndieBio and The Mills Fabrica alongside a grant from Innovate UK. NuKoKo has been able to buck the adversity that is caused by fluctuating cocoa prices thanks to the USP it laid out. 🎯 Innovation: NuKoKo uses fava beans instead of cocoa to produce chocolate, addressing the #environmental and #ethical concerns associated with traditional chocolate #production. It also employs a proprietary fermentation process that closely mimics the fermentation of cocoa beans, ensuring that the chocolate produced retains the familiar taste and texture of traditional chocolate 🎯 Ethical Production: Nukoko’s chocolate avoids the #humanrights issues linked to traditional cocoa production, such as #childlabor and #deforestation. This ethical approach appeals to consumers looking for socially responsible products 🎯 Sustainability: The production process of Nukoko’s chocolate produces up to 90% fewer #carbonemissions compared to conventional chocolate, contributing to a significant reduction in the product’s environmental impact, thus aiding #sustainable efforts

🍫 Is it time for a chocolate revolution?🎂 The cocoa industry is facing several issues, not least the dramatic price increase of the last year. NuKoKo is chocolate, by-passing these issues.

We are delighted to announce that Nukoko has been selected to join the 2024 EIT Food  Accelerator Network programme from over 500+ registrations and 330 fully submitted applications.   We are super excited and look forward to meeting the other startups, EIT Food's amazing network of industry experts, corporate, research and investment partners, so that together we can build a future-fit food system that produces healthy and sustainable food for all. https://lnkd.in/er9uruhF

Delighted that Nukoko have been included on this list of amazing companies focused on the biggest challenges our planet is facing

Excited to say we are joining the The Mills Fabrica stand at Earthfest for a few days. We are sampling our amazing cocoa free chocolate from fava beans so come say hi

An enterprising trio of cocoa-experts has claimed a global first in using scientific research technology to create what is believed to be the world’s first chocolate alternative created from domestic fava beans #confectionery #favabeans #cocoa #science #technology #manufacturing #confectioneryproduction #UK #agriculture #altchoc #farming #alternativechocolate #environment #production #seedfunding #resources #innovation NuKoKo

We are delighted to announce the closing of our $1.5MN seed round giving us the resources we need to bring our delicious, cocoa-free chocolate to market. With cocoa prices soaring, it is vital that the chocolate industry has another plan and we are delighted to be part of the solution using the mighty fava bean as the key ingredient. The round was led by Oyster Bay Venture Capital with participation from existing investor SOSV and The Mills Fabrica. Our extended team is looking really strong and this support from 3 corners of the globe is going to give us an incredible boost. In addition, we have won an Innovate UK grant having been through a rigorous process to determine our eligibility. This is a real testament to the strength of our R&D to date and our mission to make the chocolate industry more sustainable.