FoodTech

Southeast Asia’s food delivery gross merchandise value (GMV) grew 18 percent year on year to $22.7 billion in 2025, with Thailand leading growth, Momentum Works said Wednesday.

Foodpanda, Asia Pacific’s (APAC) food and grocery delivery platform, has partnered with ride-hailing providers across the region - including TADA, Bolt, and LINE GO, to offer new benefits to its customers.

ROLO Robotics, a Singapore-based food robotics company, has raised $3.45 million in an oversubscribed seed round led by BEENEXT.

Hangry, Indonesia’s largest multi-brand virtual restaurant, announced Wednesday that it has raised a total of $10.5 million in its Series A5 funding round, led by Alpha JWC Ventures.

The future of food isn’t about choosing between tradition and innovation – it’s about thoughtfully integrating the best of both worlds. Hybrid products offer us a bridge to that future, allowing incremental, pragmatic progress rather than waiting for perfect solutions.

Prefer, a Singapore-based food tech startup using fermentation to create affordable and sustainable flavors and ingredients, announced Wednesday an oversubscribed $4.2 million fundraising round alongside the commercial launch of its new products: soluble coffee and cocoa powders.

Singapore-based, Temasek-owned food technology company, Nurasa, and Protein Industries Canada have on last Friday announced a new international partnership to help Canadian companies expand into the fast-growing Asia-Pacific (APAC) market - one of the world’s most dynamic regions for plant-based food innovation.

Singapore-based, Temasek-owned food technology company Nurasa, and globally provider of chocolate and cocoa solutions Barry Callebaut, have signed a memorandum of understanding (MoU) to accelerate sustainable chocolate innovation in Asia Pacific.

DailyCo, an Indonesia-based multi-brand food and beverage (F&B) operator, has acquired Wadah Kuliner (Waku), a local F&B company offering catering and canteen management services for corporate and governmental clients.

PT Fore Kopi Indonesia Tbk (Fore Coffee), a premium affordable Indonesian coffee chain, has on Friday announced its plan to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX).