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Charlottesville-based food tech startup Bonumose takes on FDA over sugar substitute

“This FDA oddity is the biggest thorn in our side," said CEO Ed Rogers. ....

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Bonumose gears up for 2022 launch of rare sugar tagatose using novel approach; allulose to follow...

Bonumose – a Virginia-based startup with patented technology it claims could enable the mass market adoption of rare sugars such as allulose and tagatose – is investing $27.7m in production and R&D facilities in a 36,000 sq ft facility in Pantops, Virginia, just east of Charlottesville. ....

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Hershey eyes healthier confectionery with equity investment

Hershey backs sweeteners start-up
Snacks and confectionery maker Hershey has joined US sugars supplier ASR Group to co-lead an investment in Bonumose, a start-up manufacturing lower-calorie sweeteners.
The size of the Series B financing round was not disclosed, with ingredients business ASR investing via its subsidiary American Sugar Refining. ASR is owned by Florida-based cane sugar producers Florida Crystals Corp. and the Sugar Cane Growers Cooperative of Florida.
Bonumose, located in Charlottesville, Virginia, has developed and patented a production process for high-purity rare sugars, including tagatose and allulose, from low-cost, plant-based starches. These products have fewer calories than traditional sugars and a negligible glycemic index impact, it says. ....

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Sugar reduction game changer? Hershey, ASR Group invest in startup paving way for 'mass market adoption' of allulose, tagatose

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Sugar reduction game changer? Hershey, ASR Group invest in startup paving way for ‘mass market adoption’ of allulose, tagatose
By Elaine Watson
Bonumose – a Virginia-based startup with patented technology it claims could enable the “mass market adoption” of rare sugars – has raised a Series B round led by Hershey and sugar refining giant ASR Group, to support commercial production of allulose and tagatose in early 2022.
The funding round will also support R&D work on allose, and other low-glycemic, low-calorie, non-cariogenic rare sugars with similar properties to sucrose that could be alluring additions to the sugar reduction toolkit, were it not for their hefty price tag. ....

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ASR Group Announces Strategic Investment In Bonumose, Inc. To Bring Lower-Cost, Plant-Based Sugar Alternatives To The Market

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WEST PALM BEACH, Fla., Feb. 17, 2021 /PRNewswire/ American Sugar Refining, Inc., a member of ASR Group, made a strategic investment in Bonumose, Inc. to produce and commercialize lower-cost, plant-based alternative sweeteners tagatose and allulose as part of ASR Group s strategy to provide a variety of products to meet the wide range of consumer needs.
The Series B investment round in Bonumose, a start-up company with innovations in plant-based food ingredients, was co-led by American Sugar Refining and The Hershey Company (NYSE: HSY).
Bonumose developed and patented a production process for high-purity rare sugars, including tagatose and allulose, from low-cost, abundant, plant-based starches. These products have fewer calories than traditional sugars and a negligible glycemic index impact. ....

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