With rising chocolate demand and the surge of cocoa prices due to adverse climate changes that disrupt the cocoa supply chain, alternative chocolate ingredients have been highly sought by confectionary conglomerates in recent years.

Founded in the UK in 2022, Nukoko provides a cost-effective and scientific solution to the chocolate industry by using controlled biotransformation and fermentation processes to transform the widely abundant and climate-resilient fava beans into alternative cocoa powder. Their proprietary product is not only 100% cocoa-free but is more sustainable and healthier than existing chocolate.

Key Milestones

• 2023: Awarded as one of the SOSV Climate Tech 100 (2023)
• 2023: Announced partnerships with Swiss brands Halba and Betty Bossi to develop cocoa-free chocolate products and bakery ingredients
• 2024: Selected as one of Forward Fooding’s FoodTech 500 2023