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Milis Bio

Milis Bio

Milis Bio is a food biotechnology company based in Cork, Ireland and founded in 2016 . Milis Bio is developing flavored proteins that deliver flavors like sweet and umami that can serve as healthy alternatives to sugar, sugar substitutes and Monosodium Glutamate .

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Contents

milisbio.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Food technology
Food technology
‌
Pharmaceutical Biology
Technology
Technology
Synthetic biology
Synthetic biology
Biology
Biology
Biotechnology
Biotechnology
Foodservice
Foodservice
...
Location
Cork, Ireland
Cork, Ireland
United Kingdom
United Kingdom
Cork (city)
Cork (city)
B2X
B2B
B2B
Founder
Mike Sheehan
Mike Sheehan
AngelList URL
angel.co/milis-bio
Pitchbook URL
pitchbook.com/profiles...162724-51
Accelerator
RebelBio
RebelBio
Accelerator Batch
‌
RebelBio Cohort 3
Number of Employees (Ranges)
1 – 100
Full Address
6 Maryville, Southern Road Ballincollig Cork T12 ETR6 Ireland
Investors
SOSV
SOSV
Founded Date
2016
Competitors
NuTek Natural Ingredients
NuTek Natural Ingredients
Wellfound ID
milis-bio

Other attributes

Company Operating Status
Active

Milis Bio CEO Michael Sheehan was awarded Best Young Entrepreneur by his city of Cork . Sheehan got the idea to develop sweet proteins while studying neuroscience at University College Cork (UCC) and co-founded the company with UCC Principal Investigator Dr. Paul Young . The brain perceives taste due to binding of molecules to taste receptors. Proteins that register as sweet to taste buds are naturally found in a few tropical plants . Milis Bio is engineering proteins to bind to taste receptors using a technique called directed evolution . In directed evolution, variations are introduced into the genetic sequence that codes for the protein of interest and the experimenter selects proteins with certain characteristics, like ability to bind to sweet taste receptors . Sheehan describes his method of selecting their proteins as a “tongue in a petri dish” in his talk at RebelBio’s demo day (2016) .

Products and Services

Milis Bio has developed a protein-based sugar substitute that is produced from a cultivated organism . This sugar substitute is low calorie and because their product adds protein content, it will initially target fitness foods .

Other flavors Milis Bio are working on include umami to replace Monosodium Glutamate, neutral pH sour, salty and proteins that block bitter taste for medications . Milis Bio claims that the protein characteristics can be changed to meet the demands in food processing such as heat resistance, pH tolerance, water or oil solubility .

Funding

The company began in the start-up accelerator IndieBio EU funded by SOSV where they received seed funding. Milis Bio participated in and recieved seed funding from the Startupbootcamp Foodtech program in Rome . Milis Bio has also received funding from RebelBio, Terra and a government grant from Horizon 2020 .

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

FoodTech Startup of The Week - Forget Sugar with Milis Bio Sensational Proteins

Gianmarco Fratangeli

https://www.startupbootcamp.org/blog/2017/01/startup-week-forget-sugar-milis-bio-sensational-proteins/

Milis Bio Presenting at RebelBio's 2016 Demo Day

https://www.labtube.tv/video/milis-bio-presenting-at-indiebios-2016-demo-day

References

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