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 focused on producing high-quality cocoa ingredients through advanced cell culture techniques. By utilizing naturally occurring cocoa cells, Celleste eliminates the need for traditional cocoa tree cultivation, offering a sustainable alternative for businesses seeking environmentally friendly food ingredients. The company's methods avoid genetic modification and manipulation, ensuring that their products meet high standards of quality and sustainability. This innovative approach not only addresses the challenges of cocoa farming but also provides a reliable source of valuable cocoa components for various applications in the food industry.

Urban Legend

Seed Round in 2024
Urban Legend is a producer of food products that focuses on promoting healthy eating habits. The company specializes in creating low-fat donuts that are low in calories yet high in nutritional value. This innovative approach allows consumers to indulge in a favorite junk food while minimizing harmful effects on their health.

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 producing and selling plant-based frozen desserts. Established in 2016, it offers a range of dairy-free popsicles inspired by Colombian paletas, made from ingredients such as coconut milk, coconut sugar, fruits, and herbs. The product line includes flavors like mixed berry, chocolate with lion’s mane mushroom, vanilla matcha, coconut latte, and mango rosemary. Dream Pops prioritizes organic and gluten-free ingredients, utilizing techniques such as liquid nitrogen cooling and 3-D printing molds to create unique dessert offerings. The company distributes its products through retail stores and online platforms, catering to a growing demand for healthier, plant-based treats.

Whoa Dough

Non Equity Assistance in 2023
Whoa Dough is an online store specializing in a diverse range of cookies and chocolate dough bars. The company caters to busy and health-conscious consumers by offering products that are gluten-free, dairy-free, soy-free, and egg-free, without compromising on taste. With multiple flavors available, Whoa Dough provides convenient and healthy snack options suitable for those seeking nutritious alternatives.

Mezcla

Grant in 2023
Mezcla specializes in the production of plant-based protein bars, designed to offer innovative snack alternatives. The company's flagship product, the Puff-Crispy, features a unique crunchy texture derived from puffed pea protein, moving away from the traditional slab-style protein bar. Mezcla's offerings are crafted using soy, dairy, and gluten-free ingredients, available in an array of flavors including vanilla, cocoa peanut butter, and hot chocolate. This approach allows customers to enjoy a tasty and convenient snack option that is rich in protein and essential nutrients.

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, 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 as a quick snack.

Incredible Eats

Grant in 2023
Incredible Eats is a sustainable food packaging company focused on reducing single-use plastics by providing eco-friendly alternatives. The company specializes in edible cutlery, including spoons, straws, and sporks made from natural ingredients. By replacing traditional plastic utensils with their wooden and edible options, Incredible Eats aims to transform the dining experience while promoting environmental responsibility. This innovative approach allows customers to enjoy their meals and drinks in a way that minimizes harm to the environment.

CocoTerra

Grant in 2023
CocoTerra specializes in developing a user-friendly tabletop chocolate maker that enables individuals to create customized chocolate at home. This innovative device allows users to make dark, milk, and white chocolate from cocoa nibs in as little as two hours, guiding them through essential processes such as grinding, refining, conching, tempering, and molding. The machine is designed for both novices and experienced chocolate makers, offering the flexibility to personalize recipes with unique flavors and designs. By providing a straightforward approach to chocolate making, CocoTerra empowers anyone, regardless of their prior experience, to become a successful chocolate maker in their own right.

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 US-based African food company dedicated to promoting underutilized African ingredients through value-added products that appeal to global consumers. The company focuses on creating economic opportunities for smallholder farming communities while supporting biodiverse, regenerative, and climate-resilient food systems. Yolélé specializes in fonio, an ancient African super grain that is eco-friendly, gluten-free, vitamin-rich, and has a low glycemic index. By offering nutritious snacks made from fonio, Yolélé aims to improve the livelihoods of rural African communities while providing customers with delicious and sustainable food options.

Every Body Eat

Grant in 2022
Every Body Eat specializes in creating plant-based snacks that cater to a wide range of dietary preferences and restrictions. Their product lineup includes gluten-free options such as cheese-less snacks, chia seed crackers, and various flavored crispbreads, including sea salt, chive and garlic, and fiery chile lime. The company focuses on producing allergen-free snacks that are not only flavorful but also enjoyable for sharing among family and friends. By offering a diverse selection of snacks, Every Body Eat aims to provide delicious food experiences that unite consumers, regardless of their dietary needs. In addition to their products, the company also engages in e-commerce, making their snacks accessible to a broader audience.

Wonder Monday

Grant in 2022
Wonder Monday specializes in producing high-quality cheesecakes designed to satisfy sweet cravings without the use of sugar. The company offers a range of cheesecakes that are keto-friendly and gluten-free, made with no artificial ingredients and no added sugar. This focus on healthier dessert options caters specifically to individuals with dietary restrictions, including those who are diabetic, pre-diabetic, or gluten-intolerant, allowing them to enjoy a beloved treat without compromising their health.

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 producing natural artisanal products, including gluten-free and low-sugar options, catering to health-conscious consumers with low-carb and keto-friendly choices. In addition to its commitment to quality, Nunbelievable also emphasizes social responsibility by donating meals to partner soup kitchens and organizations, allowing customers to enjoy its 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. The brand offers a range of products, 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 and delicious treats that cater to various dietary needs, making them suitable for on-the-go consumption or as a fun at-home baking activity. The banana bread is versatile, allowing customers to customize it to their taste while maintaining a rich flavor that can be enjoyed 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 from organic ingredients such as oats, flax, maple syrup, coconut oil, olive oil, salt, and spices, Oat Haus offers a unique spreadable granola that caters to consumers seeking healthy and convenient snack options. The product has a texture similar to nut butter and a flavor reminiscent of liquid oatmeal cookies, making it a suitable alternative for those in search of nutritious spreads that are also nut-free and school-safe. By focusing on organic and wholesome ingredients, Oat Haus aims to provide consumers with a delicious and healthy option for their snacking needs.

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 innovative formats for vitamins and supplements with an emphasis on efficacy and sustainability. Founded by Jenne Moore and Andrew Remlinger, the company specializes in producing vitamin-infused dark chocolates made from local, natural ingredients. These chocolates are designed to be gluten and GMO-free, catering to health-conscious consumers seeking functional wellness benefits. Sourse's mission is to offer clean and delicious snacks that not only enhance individual well-being but also consider the health of the planet. Their initial product line features a vitamin-infused chocolate aimed at improving mood, energy, and brain function.

Better Bites Bakery

Grant in 2021
Better Bites Bakery LLC, founded in 2011 and based in Austin, Texas, specializes in producing and selling a variety of baked goods that cater to special dietary needs. The bakery offers an array of products, including cupcakes, cakes, cookies, brownies, and customizable treats for events such as weddings and birthdays. Committed to high food standards, Better Bites Bakery focuses on gluten-free, vegan, kosher, and organic options, ensuring that all products are free from artificial colors and preservatives. The company emphasizes the use of high-quality, minimally processed ingredients to accommodate customers with food allergies or sensitivities, making their treats accessible to a broader audience. Products are available through a retail outlet in Austin, other retailers across the United States, and online ordering via their website.

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 based in Austin, Texas, specializes in producing a range of low-sugar snack bars. The company focuses on providing healthy snack options made with high-quality, natural ingredients that are low in sugar and high in fiber. By prioritizing clean ingredients, NuSkool aims to meet the growing demand for nutritious snacks that cater to health-conscious consumers.

Snacklins

Grant in 2021
Snacklins is a Washington, D.C.-based company that specializes in producing vegan snacks. Founded by a chef and a former radio DJ, Snacklins offers a unique line of puffy, crispy, and low-calorie snacks made from yuca, mushrooms, and onions. The products are designed to provide a healthy alternative to traditional snacks while delivering a satisfying crunch and various flavors. The company aims to expand its reach and become a regionally popular snack option, actively seeking investment to scale its operations and enhance its market presence.

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 a food technology startup focused on revolutionizing the multi-ingredient snacking sector through its advanced freeze-drying technology. The company develops and produces unique snacks that combine fruits, vegetables, and grains into nutritious and flavorful superfood bite-sized treats. Torr's proprietary process utilizes pressure and ultrasonic energy, eliminating the need for sugary binders typically found in traditional snack production. This innovation allows food manufacturers to create healthier snack options that appeal to health-conscious consumers while retaining taste and texture.

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, using ingredients like organic green banana flour, Jerusalem artichoke, and vitamin D mushrooms. Uplift Food's products are available for purchase through its online platform.
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