Unavoo Food Technologies
Natural Sugar-free Sweetener
Company Overview
Snapshot
Founded in January 2009 by Yuval Maimon, Unavoo Food Technologies operates with 1–10 employees. The company has raised $4,000,000 across two funding rounds from two investors. In November 2016, the company secured a funding round from ED&F Man and Sugat.
Business overview
Unavoo Food Technologies develops HEYLO, a natural, sugar-free sweetener with a glycemic value of zero, no artificial ingredients, and minimal calories. This product aims to provide a sugar-like taste without an aftertaste. HEYLO has been integrated into various food products, including ketchup, peanut butter, dairy items, and flavored water, serving the agriculture and food technologies sector, specifically focusing on novel food and ingredients.
Strategic signal
In June 2022, news emerged regarding legal proceedings where the founder of Unavoo Food Technologies was prevented from suing investors over the termination of his employment. This signals potential internal disputes or governance challenges that could impact investor confidence and the company's operational stability, particularly given its non-active status as of April 2023.
Log in to access full profile ›Company Intelligence Q&A
- What is Unavoo Food Technologies' primary product?
- Unavoo Food Technologies developed HEYLO, a natural, sugar-free sweetener designed to offer a sugar-like taste profile without an aftertaste, containing no artificial or chemical ingredients and almost no calories.
- When was Unavoo Food Technologies founded?
- Unavoo Food Technologies was founded in January 2009.
- What was a significant legal development for the company in 2022?
- In June 2022, the founder of Unavoo Food Technologies was legally prevented from suing investors concerning the termination of his employment.
- Which investors participated in Unavoo Food Technologies' funding round in November 2016?
- In November 2016, Unavoo Food Technologies secured a funding round from ED&F Man and Sugat.
- What is the current status of Unavoo Food Technologies?
- Unavoo Food Technologies is currently non-active, having ceased operations in April 2023.