About
CreamCol has developed a patented technology that converts alcoholic beverages into edible alcohol, like pudding, that remains stable at room temperature, without the use of any chemical. The products can be eaten as is or used as raw material for creating new products. After submitting two patents covering both the technology and the resulting products, CreamCol established a semi-commercial production line in Israel that serves as a demo prototype for international customers and a production center for the local market. The company currently has several collaborations with a number of large international food and beverage companies, for joint pilots and initial sales agreements. In parallel, in Israel, the company will begin online sales of their private brand of edible alcohol directly to the consumer.
Funding history · 1 round · — total
Company Intelligence Q&A
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- What is CreamCol's core technology?
- CreamCol has developed a patented technology that converts alcoholic beverages into edible alcohol, such as pudding, which remains stable at room temperature without chemical additives.
- What is the current operational status of CreamCol?
- CreamCol is currently inactive, having ceased operations in March 2024.
- When was CreamCol founded and where is it headquartered?
- CreamCol was founded in August 2019 and is headquartered in Afula, Israel.
- Has CreamCol secured any patents for its technology?
- Yes, CreamCol has submitted two patents covering both its technology and the resulting edible alcohol products.
- What was CreamCol's last known funding activity?
- CreamCol's last known funding activity was an Equity crowdfunding round in April 2022, with ExitValley as an investor. Specific amounts were not disclosed.
- What was CreamCol's employee count prior to becoming inactive?
- CreamCol had 3 employees prior to becoming inactive.
- What was CreamCol's strategy for market entry and sales?
- CreamCol established a semi-commercial production line in Israel for international demos and local production. The company also pursued collaborations with large international food and beverage companies for joint pilots and initial sales agreements, and planned online sales of its private brand in Israel.
- Who are the founders of CreamCol?
- The founders of CreamCol are Irena Geller and Tomer Geller.