Davis, US-based developer of sweet proteins used as sugar substitutes in products such as chocolate.
Oobli, Inc. develops sweet proteins as sugar substitutes and sells products such as milk and dark chocolate, both direct to consumers and to food manufacturers. Its markets are mainly North America and Europe. Founded in 2014 in Davis, US, by Jason Ryder, the company raised USD 18.000 mn in its Series B round, which values it at USD 155.689 mn. Investors in the round included B37 Ventures, Ingredion Ventures, Khosla Ventures, Lever VC, Piva Capital and Sucden Ventures.
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