CreamCol

Company Overview

Snapshot

Founded in August 2019 by Irena Geller and Tomer Geller, CreamCol operates with 1–10 employees. The company holds one patent and has engaged with one investor across one funding round. In April 2022, CreamCol secured funding from ExitValley.

Business overview

CreamCol specializes in Agriculture & Food Technologies, developing a patented technology that transforms alcoholic beverages into edible alcohol, such as pudding, which remains stable at room temperature without chemical additives. These products can be consumed directly or utilized as raw material for new food items. The company serves the food and beverage industry, operating in sectors like Food Tech, Food Processing, and Food Trade & Services, with a focus on both B2B collaborations and direct-to-consumer sales in Israel.

Strategic signal

CreamCol ceased operations in March 2024, indicating a significant shift in its business trajectory. This development suggests that the company's patented technology for edible alcohol products did not achieve sustainable commercial viability, leading to its discontinuation. For investors, this signals the inherent risks in novel food technology ventures and the challenges of market adoption for innovative products.

Company Intelligence Q&A

What is CreamCol's core technology?

CreamCol has developed a patented technology that converts alcoholic beverages into edible alcohol, such as pudding, which remains stable at room temperature without the use of chemicals.

When was CreamCol founded and by whom?

CreamCol was founded in August 2019 by co-founders Irena Geller and Tomer Geller.

What was a key funding event for CreamCol?

In April 2022, CreamCol secured a seed funding round, with ExitValley participating.

What is the current operational status of CreamCol?

CreamCol ceased to operate in March 2024.

What markets does CreamCol target with its products?

CreamCol targets both B2B and B2C markets, with a focus on Israel, the Americas, and Europe.