Mondelēz International SnackFutures Announces Inaugural CoLab Class of Start-Ups
10 May 2021 - 11:00PM
SnackFutures, the Mondelēz International, Inc. (Nasdaq: MDLZ)
innovation and venture hub, today announced the nine start-ups
selected for the inaugural class of the
CoLab
start-up engagement program. Each of the well-being snack brands
will participate in a 12-week program designed to help them
accelerate their growth. Participants will also receive a $20,000
grant.
The CoLab program, which launched earlier this year, is
deliberately designed to be a collaborative effort between
entrepreneurs and the Mondelēz International ecosystem to drive
mutual growth. SnackFutures will provide participating start-ups
with tools, technologies and access to networks and industry
expertise, while also gaining insights, capabilities and
prospective investment opportunities. It’s also yet another
demonstration of SnackFutures’ mission to create a snacking world
that is good for people, kind to the planet and deliciously fun by
bringing “big and small” together to push the boundaries of what’s
possible in well-being snacking.
The application and interview process resulted in a diverse
group of snack brands with different formats, well-being
propositions, revenue and distribution footprint. These exciting
companies also represent a diverse founders’ group, including a
number of women and people of color, each with their unique and
authentic story behind the brand.
The 2021 CoLab class participants are:
- Better Bites
Bakery: An allergen free bakery line
founded by Leah Lopez to provide choices for her son who had
life-threatening food allergies
- Chasin’ Dreams Farm: A popped
sorghum snack founded by Sydney Chasin who is reviving an ancient
grain to bring more options and flavors to gluten-free
snacking
- Elite Sweets: A
Keto donut brand run by founders Amir and Amin Bahari who each lost
over 100 pounds and wanted to keep the weight off with a healthy
version of their favorite treat.
- LOVE, CORN: A
crunchy corn brand made with simple, non-GMO ingredients founded by
family members Jamie, Gavin & Missy McCloskey.
- Numa: Numa, which
means daughter and mother in Chinese, was created by “Numa” duo,
Jane Xie and Joyce Zhu, to honor heritage through healthier
versions of their favorite childhood candies from Asia.
- NuSkool: A
low-sugar snacking platform co-founded by Joe Christensen and Kevin
Healy after seeing friends and family members struggle with obesity
and heart disease.
-
Snacklins: Founded by former
radio personality and chef Samy Kobrosly, Snacklins are plant-based
crisps are like a vegan take on pork rinds.
-
Sourse: With the goal of making
supplements accessible, Jenne Moore and Andrew Remlinger came up
with vitamin-infused candy, starting with dark chocolate.
- 12
Tides: A nutrient-dense, ocean-friendly
snack founded by Pat Schnettler and Lindsey Palmer made
from kelp sourced from regenerative ocean farms.
“We couldn’t have asked for a better representation of what the
future of snacking holds,” said Brigette Wolf, Global Head of
SnackFutures, Mondelēz International. “The founders are so
inspiring and passionate about what they are doing. Working with
them as part of the CoLab program is going to move the needle on
their brands, support our innovation agenda, and ultimately help
deliver on consumers’ desire for people and planet-friendly
snacking.”
The CoLab program will begin in June with initial programming
taking place virtually. For more information and for latest updates
from the program, visit www.snackfutures.com.
About Mondelēz InternationalMondelēz
International, Inc. (Nasdaq: MDLZ) empowers people to snack right
in over 150 countries around the world. With 2020 net revenues of
approximately $27 billion, MDLZ is leading the future of snacking
with iconic global and local brands such as OREO, belVita and LU
biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour
Patch Kids candy and Trident gum. Mondelēz International is a proud
member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones
Sustainability Index. Visit www.mondelezinternational.com or follow
the company on Twitter at www.twitter.com/MDLZ.
About SnackFuturesSnackFutures is the Mondelēz
International innovation and venture hub, deliberately designed to
push boundaries in snacking by capitalizing on consumer trends and
emerging growth opportunities in well-being snacks around the
world. The group’s priorities support incremental growth against
three key strategic areas: invent new brands and businesses, invest
in early stage entrepreneurs, and amplify the SnackFutures impact
with the CoLab start-up engagement program. Learn more at
www.snackfutures.com.
Contacts: |
Jessica Vogl |
|
(513) 238-6530 |
|
news@mdlz.com |
Mondelez (NASDAQ:MDLZ)
Historical Stock Chart
From Apr 2024 to May 2024
Mondelez (NASDAQ:MDLZ)
Historical Stock Chart
From May 2023 to May 2024