A new kind of gold leaf, one made from gold and silver leaf, is coming to the world’s markets this year, thanks to an innovative, multi-year process developed by an American company.
The company, Goldleaf Technologies, is launching the first commercial production of the gold leaf in the United States in May, the company said in a statement Monday.
The new product will have the same nutritional profile as other commercial gold leafs and it is expected to reach shelves by June.
“This new product is a step forward in the evolution of goldleafs in the market,” said Goldleaf CEO and president Matt Calkins in a press release.
“As more consumers become aware of their need for a natural alternative to gold, we’re pleased to be introducing this innovative product to the marketplace.”
The gold leaf was created from silver and gold nanoparticles.
Calkin said it is a “sophisticated, environmentally friendly, biodegradable and easily scalable gold leaf.”
Goldleaf has been testing its gold leaf product for years, and its latest batch of 10,000 is the first to be commercially available.
The process is similar to those used in the production of other natural gold leaf products, like gold dust, the product company said.
The commercial production and sale of gold leaves in the U.S. is limited to small batches, Calkintons statement said.
Calks gold leaf is the latest innovation to emerge from a Silicon Valley startup company, known as Silicon Valley Goldleaf, that Calkens co-founded with partner Adam W. Cohen.
The partnership includes Calkinex, an Internet-based marketplace that sells a variety of products from natural products to artisanal artisanal goods.
The business is backed by a $50 million round of financing led by Draper Fisher Jurvetson.
The team is currently testing its new product in its first batch.
The Goldleaf team has partnered with Goldleaf’s chief scientific officer, Robert G. Miller, and is working with the U-M campus, Gold Leaf said.
“Our vision for Goldleaf is to revolutionize the way we produce and market natural and organic gold leaf,” Calkines statement said, “and we are confident that this product will go a long way toward achieving that goal.”
Gold Leaf has been working on a similar gold leaf since last summer, according to Calkinian.
The San Francisco-based company’s initial goal was to produce 10,500 gold leaf samples in 2018, he said.
It had a goal of producing 10,700 samples in 2019.
The first 10,900 samples are now in the labs, but Calkinns team is now focused on making a mass production of 500,000 gold leaf each year, Calks company said, noting that the company is in talks with other universities and businesses.
The next goal is to reach the goal of selling the product in 100 countries by 2022.
The initial batch of Goldleaf leaves will come in the form of a small, one-ounce, polypropylene bottle, Cinkins said.
They will be sold at the Silicon Valley Food Lab in San Francisco, and then sold at an event in the Bay Area in November, Cukins said in the statement.
The product will cost $6.95 per gram, Cillips statement said; $5.95 for 100 grams; and $1.25 for 250 grams.
Cillip says it has already sold 1,500 of the 100-gram samples to investors.