Austrian Kern Tec Raises $12,8 Million Series A, As Dairy Companies Want Their Apricot Kernels Alt Milk

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Considered milking apricots? Kern Tec can now pump 15 million litres of apricot kernels plant-based milk into the dairy free market. And dairy companies want a share.

The team decided to employ a series of processing technologies - now patented - to crack the stone pits, extract plum, cherry and apricot kernerls and obtain valuable oils, protein powders and milk. Their tech turns the stone pits into ready to use compounds for the food industry that can use these ingredients for all kinds of dairy free alternatives.

for its cherry seeds oil, its best seller ingredient with the most advantageous opportunity derives from apricots kernels, due to its taste, look and nutritional profile, which is similar to an almond. To test the market, the company has put its apricot kernel milk alternative on Austrian supermarkets shelves through its in-house brand Wunderkern: “It’s at $2,66 per liter which is 20-30% less than triple A plant based brands,” said Fichtinger. The product - and its price - caught the attention of many diary milk companies eagerly charting a course into the competitive plant-based market.

 

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