Germany’s Doehler Ventures has made an investment in Clean Food Group, a food tech business that has developed a sustainable, “bioequivalent alternative” to palm oil.

Doehler Ventures is part of ingredient provider Doehler Group, which plans to support the scale-up of Clean Food’s technology as part of an accompanying technical collaboration agreement between the companies.

In addition to demonstrating production at commercial scale, the partnership aims to accelerate market approval of Clean Food’s palm oil alternative.

According to Clean Food, the solution will help reduce the detrimental environmental impact of palm-based ingredients, which “can be found in nearly 50% of all packaged products on our supermarket shelves”.

CEO and co-founder, Alex Neves, said: “We are delighted to be partnering with Doehler Group, a leading manufacturer and innovator within the area of technology-driven natural ingredients and ingredient systems. With Doehler Group’s support, we are excited to accelerate the scale-up of our groundbreaking technology, which will allow us to bring our sustainable palm oil alternative to market more quickly.”

Financial details of the investment were not disclosed.