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Maricel Saenz
Founder & CEO at Compound Foods (We're hiring!)
Maricel Saenz is a prominent Costa Rican entrepreneur and the founder and CEO of Compound Foods, a food-tech startup that specializes in creating coffee without using coffee beans. Her innovative approach aims to address the environmental challenges associated with traditional coffee production, which is known to be one of the most polluting agricultural practices. By leveraging synthetic biology and fermentation techniques, Compound Foods seeks to produce sustainable coffee alternatives that maintain the beloved flavors of traditional coffee while significantly reducing resource consumption, particularly water usage.135
Saenz holds a Bachelor of Commerce degree from the University of British Columbia and has participated in the Global Solutions Program at Singularity University, where she focused on leveraging technology for social impact. Her professional background includes co-founding Nextbiotics, a startup aimed at developing alternatives to antibiotics, and working in international development in South Africa and Cambodia, where she empowered local entrepreneurs and supported women's initiatives.1234
In recognition of her contributions to sustainability and innovation, Saenz was named in Forbes' 30 Under 30 list in the Social Impact category in 2022. Her work not only reflects her commitment to environmental stewardship but also her dedication to fostering community and mentoring young women in the field.126
Highlights
The impact of climate change on coffee production is becoming increasingly evident, leading to a significant challenge in meeting the global demand for coffee beans. This phenomenon has resulted in widespread shortages across the coffee industry.
Wondering why your favorite cup of coffee is getting more expensive? Prices are expected to continue rising, affecting not only higher-quality coffee but also lower-quality options. In particular, the prices of robusta beans, a popular variety, have reached their highest levels in the past 12 years
The issue of coffee bean shortages is not confined to a specific region or country; it is a global problem.
"Vietnam — the world’s largest producer — probably collected its smallest harvest in four years"
"Brazil, the second-largest grower of the variety, has seen its crops hurt by drought, and there are also concerns that Indonesia’s output could suffer following heavy rains."
Overall, the impact of climate change on coffee production has led to significant disruptions in the industry, resulting in widespread shortages and rising prices.
Minus: A Compound Foods Company
#climatechange #coffee #quality
