FoodTech

East Ventures-backed Fore Coffee plans IPO for business expansion

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).

HK’s Watawaste to raise funds in 2025 as its sustainable food app Yindii eyes expansion across Asia [Q&A]

We talked to Louis-Alban Batard, 
Co-founder & CEO, Watawaste HK Ltd (a Cyberport incubatee) which develops sustainable food app – Yindii, to learn more about the company’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Hong Kong for the new year and how he sees Southeast Asia.

Uber ends acquisition of Delivery Hero’s Taiwan foodpanda business amid regulatory hurdles

Delivery Hero SE, the Germany-based global local delivery platform, has confirmed that the American multinational transportation company Uber Technologies, Inc. has decided to terminate the agreement to acquire Delivery Hero’s foodpanda business in Taiwan.

Singapore’s Farmio sees “massive opportunities” for AI-driven supply chain automation in Indonesia, Malaysia, Thailand & Vietnam [Q&A]

We talked to Paco Chan, 
Co-founder, Farmio Pte Ltd, one of Hong Kong's Cyberport incubatees, to learn more about the company’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Hong Kong for the new year and how he sees Southeast Asia.

Vietnam’s Kamereo expands to Hanoi to cater growing F&B demand

Kamereo, a Vietnam-based business to business (B2B) food supply technology platform, has officially announced its expansion into the Hanoi market.

Temasek’s Nurasa, Saskatchewan Food Centre team up to expand market opportunities

Nurasa, a wholly owned company of Temasek and an organization in sustainable nutrition development in Asia, and the Saskatchewan Food Industry Development Centre (Food Centre), a contract research, manufacturing and incubation organization in Canada, have teamed up to foster innovation and enhance collaboration within the global food and beverage industry.

Thailand’s Betagro invests in Dutch cultivated meat tech firm Meatable

Meatable, a Dutch cultivated meat technology company dedicated to creating sustainable, real meat without harming animals, announced Tuesday a strategic investment from Betagro Ventures, the corporate venture capital arm of Thailand-based integrated food company Betagro.

Grab acquires Singapore’s dining reservation platform Chope – report

Chope is free to use and is available in seven cities: Singapore, Jakarta, Bali, Bangkok, Phuket, Hong Kong, and Shanghai.

Vietnamese food sourcing platform KAMEREO bags $2.1M in Pre Series B funding

Vietnam-based business to business (B2B) food sourcing platform KAMEREO announced Wednesday that it has raised $2.1 million in Pre Series B funding. The round is co-led by Reazon Holdings, Inc., Quest Ventures, and Thoru Yamamoto, Chief Executive Officer of FOODISON, B2B seafood supply chain company listed in Japan.

Singapore’s Elevate Foods secures $525,000 in pre-seed funding led by Wavemaker Impact

Elevate Foods, a Singapore-based platform for small- and medium-sized farm-gate processors, has announced the successful closure of its pre-seed funding round at $525,000, led by climate-focused investors Wavemaker Impact (WMi).