C&DAC has secured €1.6 million in funding to expand its local legume-based ingredient offerings for the plant-based market, with support from Yeast and Alsace Business Angels.

Information on the Target

C&DAC, a startup based in Nancy, France, specializes in food formulation and has raised €1.6 million with investments from Yeast, along with support from the ILP group and Alsace Business Angels. The funding will be utilized to expand its activities and offer local legume-based ingredients for the plant-based market. This capital injection complements previous financing received through the 'Food Needs of Tomorrow' initiative under France 2030, of which C&DAC is a recipient.

Founded in 2017 by Elise Bourcier, C&DAC has developed a unique process that overcomes the green taste and astringency commonly associated with plant-based protein products. After two years of development, the company is now focusing on industrialization, with plans to process several hundred tons of its products by the end of 2025.

Industry Overview in the Target's Specific Country

The plant-based food industry in France has witnessed significant growth over the past few years, driven by increasing consumer demand for healthier and susta