Puratos' Sparkalis empowers food tech changemakers and start-ups to turn ideas into success
New Puratos venture will be the first global food tech venture in bakery, patisserie and chocolate
Sparkalis, a new venture that will support innovation in the food tech sector, was launched on March 11. Puratos, the international manufacturer of ingredients for the bakery, patisserie and chocolate sectors is launching Sparkalis to support the development of ground-breaking products, services and ingredients, and drive collaboration with start-ups and SMEs.
Sparkalis will both be a start-up incubator and provide direct investments. Its flexible approach means it can offer scalable support to accelerate business growth for food tech innovators. Even start-ups with the most exciting new innovations often lack support in the ‘seed’ or ‘pre-seed’ phase to turn their ideas into scalable products. As hinted by its name, Sparkalis will be the spark that gives a great innovation its own wings so it can go from the chrysalis stage to flying on its own. Through these collaborations, Sparkalis will focus on making baked goods healthier and more sustainable. Investments will include projects on plant-based products, fermentation and digitalization. The venture will also support manufacturing ideas.