Elo to commercialize new high-intensity plant-based sweetener in 2025 with sweeter, cleaner taste than monk fruit extracts


Elo​ – which was spun out of biotech firm Precision Bio in December 2021 – deploys a variety of plant breeding technologies including a propriety gene editing platform called ARCUS, and is best known for its work with Dole to retool the DNA of the ubiquitous Cavendish banana plant variety to resist the Fusarium wilt fungal disease that is threatening the future of the fruit.  

However, its first product – a high intensity plant-based sweetener – could have an equally significant impact on the food and beverage market given the limited toolbox formulators currently have to work with, said chief commercial officer Michele Fite, who recently joined from Motif FoodWorks.

The whole food and beverage sweeteners market is a $165bn category… but the fastest growing ​[part] is high intensity sweeteners, which is about a $3bn market. And if you look at natural high intensity sweeteners, there’s only two: stevia and monk fruit, which is why we’re so excited to jump into that space.”

‘We figured out a way to take that pathway from the monk fruit and put it into crops that you can grow in your backyard’

Right now, ​said CEO Todd Rands, ​monk fruit extracts are expensive given that the fruits only grow in a remote area of China.

“We figured out a way to take that pathway from the monk fruit ​[that produces the sweet component mogroside V, a triterpenoid glycoside 200-300 times sweeter than sucrose] and put it into crops that you can grow in your backyard, bringing food production closer to the places where you need those ingredients, so it’s an improvement in terms of its environmental impact, as well as making these sweeteners much more broadly available.



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