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

Past deals in Chocolate

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.

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.

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.
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