POSS Thessaloniki, Greece

Company Website: https://www.novelfoods.gr

Company Email: p.k.vareltzis@gmail.com

Employees: 0

Funding State: Bootstrapped


Industries

  • AgriTech / FoodTech

Technology

  • 3D Printing
  • Distributed Ledger
  • Nanotech

Business Model

  • B2B

Revenue Model

  • Commission Fee
  • Licencing
  • Price per Use

Funding Sources

  • Grant
  • Self

About

The company's vision is to boost the primary production and processing activity of the Greek food, agro-pharmaceutical and cosmetics industries, mainly through enhancing the sustainability and integration of these industries into the circular economy, leading to an increase in their extroversion and offering consumers functional products of high added value, with scientifically proven (evidence based) beneficial effects on their health, which will have been produced with rational environmentally friendly processes with care for resource management and adoption of the principles of the circular economy.! The company is a Contract Development and Manufacturing Organization (CDMO). Leveraging the experience and expertise of the founding members and based on the need for food, supplement and cosmetic companies to evolve and differentiate in a global competitive environment that is trying to transform to meet new consumer needs, we provide the development, pilot manufacturing and analysis of novel, functional foods/nutraceuticals and ingredients with specific nutritional and health claims..


Solution & Product

Study and Design of New (or Improved) Functional Products • De novo design of a new food product or optimization of an existing product • Quality by Design (QbD) and Design of Experiments (DoE) • Knowledge transfer and scale-up processes • Preparation of a regulatory approval dossier (if needed)... Clinical Application • Pilot-scale production of products, design and implementation of clinical trial protocols • Assessment of oxidative stability and functionality of the product during digestion • Determination of bioaccessibility and bioavailability (using the INFOGEST model and cell lines) ... Validation • Implementation and verification of GMP and HACCP standards • Product standardization ...l Application • Pilot-scale production of products, design and implementation of clinical trial protocols


Innovation & Scalability

Two main pillars of innovation: 1. A pilot scale processing line for the development and demonstration of a new or improved existing finctional food/ingredient according to customer's specifications/needs. 2. A unique encapsulation agent for enhanced bioavailability of active components to be incorporated into foods, supplements and/or cosmetics Our team has the know-how and experience to offer solutions to improved functional foods with nutritional and/or health claims according to EFSA regulations. We offer turn-in key solutions in timely manner.


Traction & achievements

Newly founded (August 2024) Spin off of two Greek Universitities, Aristotle University of Thessaloniki and University of Thessaly. We have participated in various funding events and only recently we have beem awarded two contracts from the private sector. We are participating in national and international funding programs (eg Horizon, ESPA etc)


Team & Why Us

The team consists of Ms. Olga Gortzi, Professor of Chemistry and Food Technology at the University of Thessaly; Mr. Patroklos Vareltzis, Assistant Professor of Food Engineering at Aristotle University of Thessaloniki (A.U.Th.) and Director of the Laboratory of Industrial Food Technologies and Agro-Industrial Industries; Ms. Smaro Kyroglou, a graduate Chemical Engineer from A.U.Th. and a Ph.D. candidate in the same department; and Mr. Stamatis Mourtakos, a Ph.D. candidate at the Athens Medical School, Technical Officer (TMA), and Technical Engineer of the Hellenic Air Force, with additional studies in Ergophysiology, Sports Nutrition, and Psychophysiology. The expertise of the team members falls within the same broad scientific field, yet with different specializations, allowing them to function complementarily. This approach enables the team to fulfill its vision and objectives. Their complementarity is primarily evident in two areas: first, in chemically pure and innovative techniques for recovering functional ingredients from raw materials and by-products and incorporating them into functional foods; and second, in diverse biological evaluation techniques for assessing the bioactivity of foods.


Funding Needs

Our needs are a) finding fo the installation of the pilot scale manufacturing and tesiting facility of novel and/or funcitonal foods and b) small size industrial line for the mass production of the novel encapsulation agent.


ONE LINER

Driving Innovation in Functional Foods and sustainable industry


TEAM

Olga Gortzi
Olga Gortzi, CoFounder
Smaro Kyroglou
Smaro Kyroglou, CoFounder
Stamatis Mourtakos
Stamatis Mourtakos, CoFounder

FUNDING


PATENTS

National Patent Office - Awarded OBI

AWARDS


INCUBATIONS/ACCELERATIONS


Jobs


Perks