DSM shows a renewed interest in personalized nutrition in 2018

October 01, 2018 | Case Study

DSM made its first move into personalized nutrition way back in 2002 by investing in Sciona, a genetics-based personalized nutrition company that is no longer in operation. (Coincidentally, BASF co-invested with DSM and has also shown renewed interest in personalized nutrition). In 2018, DSM didn't just say that personalized nutrition was part of its business strategy for years to come – it executed by making a series of bets within the space. It first formed a partnership with Mixfit in March and subsequently acquired a majority stake in July. Between March and July, DSM led a $3.5 million Series A round in Tespo. Mixfit and Tespo are very similar, each developing at-home appliances to dispense micronutrient-rich beverages.