DouxMatok
The Sugar-Based Sugar Reduction Solution
Austin, United States · Founded 2014 · $60.1M raised
- Headquarters
- Austin, Texas
- Founded
- 2014
- Business Model
- B2B
- Website
- incredo.com
- Total Funding
- $60.1M
- Last Round
- $30.0M Series CMay 2023
- Rounds
- 3
About
DouxMatok (now Incredo) is an Israeli food-tech company that developed a patented sugar-enhancement technology enabling food manufacturers to reduce sugar content by 30–50% while maintaining the same sweet taste. Its flagship product, Incredo Sugar, uses an inert silica particle as a carrier for sucrose molecules, making the sugar more efficiently perceived by taste receptors. Founded in 2014 by Eran Baniel and Avraham Baniel, the company rebranded as Incredo in 2023 following a $30 million Series C round. It serves food manufacturers in the US, Europe, and Israel across categories including chocolate, bakery, confectionery, and spreads.
Summary
DouxMatok is a Food Tech company based in Austin, United States, founded in 2014. It has raised $60.1M in total across 3 rounds, most recently a $30.0M Series C round in May 2023. Investors include BlueRed Partners, Sienna Venture Capital and DSM Venturing.
Tech & App Stack
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Funding History
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May 2023
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Series A through Series C — per-round amounts, valuations, and who invested in each round.
Investors
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