Foodtech Wire
INCREDO - Kelly Thompson led the sugar-reduction company formerly known as DouxMatok 30+ YEARS - a food-industry career spanning Kraft, WhiteWave and Continental Mills TIME 2020 - Incredo Sugar named among the year's Best Inventions UP TO 50% - less sugar, same taste, using real cane or beet sugar $60M+ - total funding raised by Incredo, including a $30M Series C
Profile - Foodtech Leadership

Kelly
Thompson

The food engineer who spent three decades learning why cutting sugar is hard, then helped build a way to do it.

KT
CEO & Chief Commercial Officer
  • Company Incredo (formerly DouxMatok)
  • Based Austin, Texas
  • Field Sugar reduction / foodtech
  • Trained Food Engineering, UW-Madison
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The Work Now

Selling the food industry less of one of its oldest ingredients

Kelly Thompson's job at Incredo was unusual for a food executive: convince manufacturers who buy sugar by the ton to use far less of it - without asking shoppers to notice.

Incredo, the company formerly called DouxMatok, makes an ingredient called Incredo Sugar. It is not an artificial sweetener and not a sugar substitute in the usual sense. It is real cane or beet sugar, engineered so that more of the sweetness reaches your taste receptors. The result, the company says, is the ability to cut sugar in a recipe by up to half while keeping the taste people expect.

Thompson joined the company in January 2022 to run its North American business, was promoted to Co-CEO and Chief Commercial Officer in 2023, and later stepped into the CEO seat. Her mandate through those years was commercialization: taking a technology that had earned headlines and turning it into orders, partnerships and product on shelves.

Under her, Incredo moved production to full commercial scale in Austin, Texas, and in 2024 launched a concentrated second-generation version, Incredo Sugar G2, made of real sugar and protein. It works at roughly 1 to 2 percent of a formulation - closer to a micro-ingredient than a bulk sweetener - and cleared the FDA with a "no questions" letter on its GRAS notice.

It maintains taste, because it's real sugar, clean label, and it helps them reduce overall sugar consumption.
Kelly Thompson, on Incredo Sugar
30+
Years in food
50%
Less sugar
2022
Joined Incredo
1-2%
Of a recipe

"Our aim when working with food manufacturers to achieve their sugar reduction goals is to offer a solution that suits their specific needs."

The Long Road In

Three decades before the corner office

Thompson did not arrive at Incredo from a startup accelerator. She came from the inside of big food. Trained as a food engineer at the University of Wisconsin-Madison, she built a career in research, development and quality - the technical roles that decide whether a product actually works, and the ones that rarely get applause.

Her resume runs through some of the largest names in the industry: Kraft Foods, WhiteWave Foods, and Continental Mills, where she served as senior vice president of R&D and quality. That grounding in how food is actually formulated and manufactured is what she brought to a company trying to reinvent one of its most basic ingredients.

The move mirrored a broader shift in the food business - away from replacing familiar products and toward quietly reformulating them, so a chocolate bar or a gummy still tastes like itself with less sugar inside.

Career Timeline
Pre-2022
Senior R&D, quality and VP roles at Kraft Foods, WhiteWave Foods and Continental Mills across 30+ years.
Jan 2022
Joins Incredo (formerly DouxMatok) as SVP, Head of North America.
2023
Promoted to Co-CEO and Chief Commercial Officer; leads commercialization across the US, Europe and Israel.
2024
Launches Incredo Sugar G2, made at full commercial scale in Austin, Texas.
2025
Appointed CEO, with Aldo Uva as Executive Chairman; Uva later succeeds her as CEO.
The Product, Plainly

What "clean-label sugar reduction" actually means

The pitch Thompson carried to manufacturers has three parts, and they fit together like a recipe.

First, it is real sugar - cane or beet - so a label can still say "sugar" rather than a chemistry-set name. Second, it delivers the same sweetness and sensory profile with no aftertaste, which is where artificial sweeteners have historically lost consumers. Third, because so little is needed, a maker can cut total sugar meaningfully while keeping the mouthfeel and browning that sugar provides in baked goods, chocolates, spreads and gummies.

She has described the G2 version less as a substitute and more as a micro-ingredient: a small amount that carries the sweetness of the sugar that remains. It is the kind of distinction that sounds subtle and turns out to be the whole business model.

Illustrative comparison

How the sugar math works

Conventional recipe sugar100%
With Incredo Sugar~50%
Incredo Sugar in the formula1-2%

Figures reflect the company's stated up-to-50% reduction and 1-2% usage level, not a specific product formulation.

On the Record

What got built

TIME Best Inventions

Incredo Sugar earned a spot on TIME's Best Inventions of 2020, the recognition Thompson's commercial work aimed to convert into real adoption.

G2 Launch, 2024

Led the introduction of Incredo Sugar G2, a concentrated real-sugar-and-protein version that received a "no questions" GRAS letter from the FDA.

Scaled in Austin

Oversaw the move to full commercial-scale production in Austin, Texas - the step between a lab result and a shipped ingredient.

$60M+ Raised

Helped guide Incredo through its growth, including a $30M Series C, part of more than $60M in total funding.

Commercial Partnerships

Expanded Incredo Sugar's reach through distribution and manufacturing collaborations across multiple markets.

Multi-Market Mandate

Directed commercialization spanning the US, Europe and Israel as Chief Commercial Officer and CEO.
In Her Words

On taste, and on trade-offs

It delivers the same sweetness and sensory profile of sugar with no aftertaste.
On Incredo Sugar G2
Our aim when working with food manufacturers to achieve their sugar reduction goals is to offer a solution that suits their specific needs.
On working with manufacturers
Worth Knowing

A few details

She is a trained food engineer - a discipline focused on the science of how food is made, not just how it tastes.
The technology reduces sugar using real cane or beet sugar, not an artificial sweetener.
G2 works at just 1-2% of a formulation, closer to a micro-ingredient than a sweetener.
Incredo produces at commercial scale in Austin, Texas, where Thompson is based.
Questions

Frequently asked

Who is Kelly Thompson?
A food industry executive with more than 30 years of experience who led Incredo (formerly DouxMatok), the company behind the sugar-reduction ingredient Incredo Sugar.
What is Incredo?
A foodtech company, formerly named DouxMatok, that makes Incredo Sugar - a clean-label ingredient based on real cane or beet sugar that lets manufacturers cut sugar by up to 50% while keeping the taste.
What is her background?
She holds a food engineering degree from the University of Wisconsin-Madison and held senior R&D, quality and leadership roles at Kraft Foods, WhiteWave Foods and Continental Mills before joining Incredo in 2022.
What roles did she hold at Incredo?
She joined in 2022 as SVP and Head of North America, became Co-CEO and Chief Commercial Officer in 2023, and was later appointed CEO before Aldo Uva succeeded her.
What is Incredo Sugar G2?
A concentrated version of Incredo Sugar made of real sugar and protein, launched in 2024, used at roughly 1-2% of a recipe and cleared by the FDA with a "no questions" GRAS letter.
Elsewhere

Links & sources