SnackFutures Ventures

SnackFutures Ventures, established in 2018, is the corporate venture capital arm of Mondelēz International, located in Chicago, Illinois. The firm focuses on identifying and investing in startups within the food sector, particularly those that present innovative snacking solutions and emerging trends. By harnessing entrepreneurial talent and cutting-edge technologies, SnackFutures aims to build and scale small brands that demonstrate significant growth potential. The initiative is designed to explore and capitalize on new snacking opportunities worldwide, thereby expanding Mondelēz's portfolio in the competitive food market.

Richie Gray

Vice President and Global Head of Mondelez Snack Futures

30 past transactions

Celleste Bio

Seed Round in 2024
Celleste Bio is a company that focuses on innovative cell culture techniques to produce high-quality cocoa ingredients. By utilizing naturally occurring cocoa cells, the company eliminates the need for traditional cocoa tree cultivation, offering a sustainable alternative to conventional cocoa production. This approach allows businesses to access environmentally friendly food ingredients without the challenges associated with growing cocoa trees. Celleste Bio's commitment to sustainability and quality positions it as a leader in providing high-value agro products while addressing the environmental impacts of conventional cocoa farming.

Urban Legend

Seed Round in 2024
Urban Legend is a food product company focused on promoting healthy eating habits through innovative alternatives to traditional junk food. The company specializes in producing low-fat donuts that are designed to have low caloric content while maintaining high nutritional value. This unique approach allows consumers to indulge in their favorite treats without the associated negative health impacts, making it possible for them to enjoy a guilt-free culinary experience.

Steiner’s

Grant in 2023
Steiner’s takes pleasure in bringing new concepts to coffee cake, using ingredients that make it delicious while remaining gluten-free.

New Gem

Grant in 2023
New Gem is to make include a serving of fruit or vegetables into your daily routine as simple as preparing a sandwich wrap or sushi. These plant-based wraps use cutting-edge technology to replace bread, tortillas, and seaweed.

Dream Pops

Grant in 2023
Dream Pops, LLC is a Los Angeles-based company that specializes in the production and sale of plant-based frozen desserts. Founded in 2016, the company offers a range of dairy-free popsicles inspired by traditional Colombian paletas, made using ingredients such as coconut milk, coconut sugar, fruits, and herbs. The product lineup includes flavors like mixed berry, chocolate with lion’s mane mushroom, vanilla matcha, coconut latte, and mango rosemary. Dream Pops emphasizes organic and gluten-free formulations, utilizing superfood ingredients such as tapioca, agave, and baobab. The desserts are crafted using a unique process that involves cooling the mixture with liquid nitrogen in 3-D printed metal molds, allowing for a diverse assortment of appealing and innovative flavors. Dream Pops distributes its products through both retail stores and online channels.

Whoa Dough

Non Equity Assistance in 2023
Whoa Dough is an online retailer specializing in a diverse range of cookies and dough bars, catering to health-conscious consumers seeking convenient snack options. The company focuses on producing gluten-free, dairy-free, soy-free, and egg-free products that do not compromise on taste. With various flavors available, Whoa Dough aims to provide nutritious and enjoyable treats for busy individuals looking for healthier on-the-go snacks.

Mezcla

Grant in 2023
Mezcla is a producer of plant-based protein bars designed to offer innovative snack alternatives. The company has developed a unique product, the Puff-Crispy, which replaces traditional slab-style protein bars with a crunchy texture made from puffed pea protein. Mezcla's offerings are crafted using soy, dairy, and gluten-free ingredients, available in a variety of flavors, including vanilla, cocoa peanut butter, and hot chocolate. This approach enables customers to enjoy a convenient and nutritious snack that is both delicious and rich in protein.

freezcake

Grant in 2023
Freezcake is a company specializing in the production and distribution of premium, preservative-free cheesecakes. Their unique selling proposition lies in offering fresh, creamy cheesecake bites, including a popular turtle flavor, crafted from high-quality ingredients such as cream cheese, farm-fresh eggs, and natural flavorings. These bite-sized treats are designed to be enjoyed on-the-go, perfect for pairing with a cup of coffee or savoring in the car.

Incredible Eats

Grant in 2023
Incredible Eats is a sustainable food packaging company focused on reducing single-use plastics in the food industry. The company aims to transform food consumption by replacing traditional plastic cutlery with eco-friendly alternatives, including edible spoons, straws, and sporks made from natural ingredients. This innovative approach allows customers to enjoy their meals and drinks while minimizing environmental impact, aligning with the growing demand for sustainable and responsible food practices.

CocoTerra

Grant in 2023
CocoTerra is a company that designs and develops a tabletop chocolate maker, enabling users to create dark, milk, and white chocolate with ease. The CocoTerra device allows for customization of chocolate recipes, giving users the ability to experiment with unique flavors and designs. Its user-friendly interface guides individuals through the entire chocolate-making process—from grinding and refining to conching, tempering, and molding—making it accessible to both novices and skilled chocolatiers alike. The machine can transform cocoa nibs into solid chocolate in as little as two hours, allowing anyone, regardless of their prior experience, to enjoy the art of chocolate making at home.

Bunny James Boxes

Grant in 2022
Bunny James Boxes is an online shop that offers snack gift boxes.

Yolélé

Grant in 2022
Yolélé is a purpose-driven African food company based in the United States that focuses on introducing underutilized African ingredients to global markets through value-added products. The company aims to create economic opportunities for smallholder farming communities while emphasizing biodiverse, regenerative, and climate-resilient agricultural practices. Yolélé specializes in products made from fonio, an ancient African super grain known for its nutritional benefits, including being gluten-free, vitamin-rich, and having a low glycemic index. By promoting these healthy and sustainable food options, Yolélé not only enhances consumer choices but also supports the improvement of rural African communities.

Every Body Eat

Grant in 2022
Every Body Eat is a specialty food company dedicated to producing clean, plant-based, and gluten-free snacks. Their product portfolio includes a variety of flavors such as cheese-less chia seeds, chive and garlic, fiery chile lime, snack thins variety packs, craver pack, crispbreads in sea salt, tart cherry, white pepper and garlic flavors, and crispbread variety packs. The company caters to diverse dietary needs and preferences by offering allergen-free options, allowing consumers to enjoy their products regardless of restrictions or preferences. They also operate an e-commerce platform for convenient online shopping.

Wonder Monday

Grant in 2022
Wonder Monday is a manufacturer of cheesecakes that caters to consumers seeking healthier dessert options. The company specializes in producing cheesecakes that are keto-friendly, gluten-free, and free from artificial ingredients, all while containing no added sugar. This approach allows individuals with dietary restrictions, such as those who are diabetic, pre-diabetic, or gluten-intolerant, to indulge in their sweet cravings without compromising their health. By focusing on high-quality ingredients and health-conscious recipes, Wonder Monday aims to provide a satisfying dessert experience for a diverse range of customers.

Pan’s

Grant in 2022
Pan’s provides nutritious, meaty-textured mushrooms and snacks for vegetarians and mushroom lovers. The company was founded in 2007 and is based in Vancouver, Washington, United States.

Nunbelievable

Grant in 2022
Nunbelievable is a baked goods company that specializes in handcrafted cookies, offering a variety of flavors such as chocolate chip, peanut butter, and oatmeal raisin. The company focuses on creating natural, artisanal products that include options for low-carb, keto-friendly, gluten-free, and low-sugar diets. In addition to providing high-quality baked goods, Nunbelievable is committed to social responsibility, donating meals to partner soup kitchens and organizations. This dual mission allows customers to enjoy their cookies while contributing to the fight against hunger.

GoNanas

Grant in 2022
GoNanas is a women-owned food company specializing in gluten-free and allergen-friendly banana bread products. The company offers a range of options, including chocolate chip banana bread mix and instant banana bread mix, all made with vegan, gluten-free, and nut-free ingredients. GoNanas aims to provide nutritious treats suitable for on-the-go consumption or as a fun at-home baking activity. Their banana bread is designed to be versatile and easily customizable while maintaining a rich flavor that makes it enjoyable on its own.

Oat haus

Grant in 2022
Oat Haus is a producer of vegan, gluten-free oat-based spreads, specifically known for its granola butter. Made with organic ingredients such as oats, flax, maple syrup, coconut oil, olive oil, salt, and spices, Oat Haus offers a healthy alternative for consumers seeking new spreads or school-safe snacks. The company's granola butter has a unique texture reminiscent of nut butter and a flavor profile akin to liquid oatmeal cookies, catering to those looking for nutritious and convenient food options. Oat Haus focuses on delivering products that are nut-free, gluten-free, organic, and vegan, appealing to a diverse range of dietary needs and preferences.

Moonshot Snacks

Grant in 2022
Moonshot Snacks is an online store that sells climate-friendly snacks made from organic wheat.

Popcorn for the People

Grant in 2022
Popcorn for the People is a non-profit organization that engages in creating meaningful employment for adults with autism and disabilities.

Sourse

Grant in 2021
Sourse is a food tech company focused on creating nutritious and sustainable products in the wellness sector. Founded by Jenne Moore and Andrew Remlinger, the company specializes in developing innovative formats for vitamins and supplements, most notably vitamin-infused dark chocolates. These products are crafted from local, natural ingredients and are gluten-free and GMO-free, providing consumers with a delicious way to enhance their health. Sourse aims to deliver functional snacks that not only benefit individual well-being but also prioritize environmental sustainability. Their commitment to efficacy and quality sets new standards in the food and wellness industry.

Better Bites Bakery

Grant in 2021
Better Bites Bakery LLC is a bakery based in Austin, Texas, specializing in producing and selling a variety of baked goods tailored for individuals with special dietary needs. Founded in 2011, the company offers a diverse selection of products, including cupcakes, cakes, cookies, brownies, and customizable treats for special occasions such as weddings and birthdays. Better Bites Bakery focuses on using high-quality, minimally processed ingredients while avoiding artificial colors and preservatives. The bakery caters to customers with dietary restrictions by providing gluten-free, vegan, kosher, and organic options, ensuring that those with food allergies or sensitivities can enjoy delicious treats. Better Bites Bakery serves customers through its retail outlet in Austin and various other retailers across the United States, as well as through its website for direct orders.

Love Corn

Grant in 2021
Love Brands, Inc. is a company based in Ho-Ho-Kus, New Jersey, that specializes in the production of packaged roasted corn products. Established in 2017, the company offers a variety of flavors, including sea salt, smoked barbeque, and habanero. Its product line is designed to cater to diverse dietary preferences, featuring options that are vegan, dairy-free, kosher, high in fiber, and free from genetically modified organisms.

NuSkool

Grant in 2021
NuSkool, founded in 2017 and headquartered in Austin, Texas, specializes in producing a range of full-flavor, low-sugar snack bars. The company is dedicated to providing healthy snack options that prioritize quality and natural ingredients. By focusing on low sugar and high fiber content, NuSkool aims to offer consumers clean and nutritious foods that align with healthier dietary choices.

Snacklins

Grant in 2021
Snacklins is a Washington, D.C.-based company that produces vegan snack products designed to offer a healthier alternative to traditional snacks. Founded by a chef and former radio DJ, Snacklins specializes in crafting puffy, crispy, low-calorie cracklins made from yuca, mushrooms, and onions. These snacks cater to consumers seeking flavorful, grain-free options that maintain a crunchy texture. The company aims to establish itself as a regionally popular snack brand and is actively pursuing investment opportunities to facilitate its growth and expansion.

Elite Sweets

Grant in 2021
Elite Sweets is a manufacturer of protein-packed donuts that are supposed to be a healthier alternative to sweets. The company's donuts are baked, gluten-free, protein-packed, and produced with low-sugar and keto-friendly ingredients, allowing customers to enjoy treats regardless of their diet or health situation.

Chasin’ Dreams Farm

Grant in 2021
Chasin’ Dreams Farm is a woman-owned snack brand that creates snack food products from grains. The company's products are whole grain-based, gluten-free, corn-free, and low-calorie based.

Torr FoodTech

Seed Round in 2020
Torr FoodTech is an innovative food technology startup focused on transforming the snacking industry through its advanced freeze-drying technology. The company specializes in creating superfood snack bites that combine fruits, vegetables, and grains into unique and flavorful products. By utilizing proprietary techniques that employ pressure and ultrasonic energy, Torr eliminates the need for sugary binders, allowing for the production of healthier snacks without compromising taste. This approach enables food companies to offer more nutritious options to consumers, positioning Torr as a key player in the evolution of multi-ingredient snacking.

Uplift Food

Seed Round in 2019
Uplift Food, established in 2018, is an Australian-based company that manufactures and retails functional food products designed by dietitians. The company specializes in creating snacks that support gut health and mood, utilizing ingredients like organic green banana flour, probiotics, and vitamin D mushrooms. Uplift Food's products are available for purchase through its online platform.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.