Last updated 2026-07-20
- Raised $6.5M Series B led by Headstart, Dec 2020
- Raised $3M Series C led by Peter Hess, Jan 2023
- Raised Series A, Jun 2018
Total raised
$9.5M
Last: Undisclosed Round 2023-02
Stage
Series A
Founded
2015
Headcount
9
HQ
Jerusalem, Israel
Sector
Agriculture & Food Technologies
About
Panda Chocolate is an Israeli startup that has developed a patent-pending recipe for dairy-free vegan milk chocolate using a combination of soy and coconut. The company aims to provide a delicious alternative to conventional milk chocolate for vegans and those who miss the taste of milk chocolate. They have expanded their sales to the United States under the brand name "7th Heaven Chocolate".
Funding history · 5 rounds · $9.5M total
2023-01
C Round
$3.0M
★ Peter Hess★ David Schottenstein
2020-12
B Round
$6.5M
★ Headstart
2018-06
A Round
Undisclosed
2017-01
Seed
Undisclosed
★ Headstart
2015-11
Pre-Seed
Undisclosed
★ Headstart
Headcount over time
From 11 (2019-09) to 9 (2020-07) · -2 (-18%) · 2 points · source: Finder history + radar grounding
Q&A
- What is Panda Chocolate's primary business?
- Panda Chocolate specializes in developing dairy-free chocolate that mimics the taste of milk chocolate, using a formula based on soy and coconut.
- When was Panda Chocolate founded?
- Panda Chocolate was founded in May 2015.
- What is Panda Chocolate's current employee count?
- Panda Chocolate has 1-10 employees.
- What is the total amount of funding Panda Chocolate has raised to date?
- Panda Chocolate has raised a total of $3,065,000 USD.
- When was Panda Chocolate's most recent funding round and who were the lead investors?
- Panda Chocolate's most recent funding round was in February 2023, with lead investors David Schottenstein.
- Who are the co-founders of Panda Chocolate?
- The co-founders of Panda Chocolate are Elya Adi Bareket and Daniel Bareket.
- What sector does Panda Chocolate primarily operate in?
- Panda Chocolate's primary sector is Agriculture & Food Technologies.
- What is Panda Chocolate's product stage?
- Panda Chocolate's product is currently released.
Team · 2
Daniel Bareket
Founder · Co-founder
Elya Adi Bareket
Founder · Co-founder
Sectors & technology
Primary sector
Agriculture & Food Technologies
Sub-sectors
Agriculture & Food TechnologiesFood TechNovel Food & Ingredients
Technologies
Biologicals
Target customers
Food Retail & ConsumptionHomeWholesaleAgriculture & FoodLivestockDairyProcessed FoodsSnacks
Business model
B2C
Tags
food-ingredientsfoodtechnovel-ingredientsvegans
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | chocolatepanda.co.il |
|---|---|
| facebook.com/veganchocolatepanda | |
| instagram.com/panda_vegan_chocolate |
Identifiers & details
| Legal name | PANDA VEGAN PRODUCTS LTD |
|---|---|
| Founded | 2015-5 |
| Employees (exact) | 9 |
Radar intelligence
Web history (Wayback)
| Domain | chocolatepanda.co.il |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515494714 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2016-07-26 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 2 |
| Registry events | 4 — shares_capital (1), charge (2), annual_report (1) |
| Registered address | 229 הרדוף |
Recent registry events
| Date | Event |
|---|---|
| 2025-12-30 | הקצאת מניות |
| 2026-06-29 | רישום שעבוד |
| 2026-06-28 | רישום שעבוד |
| 2026-05-27 | דו~ח שנתי |