FoodTech
Foodpanda Malaysia apologizes, updates its Wastage Policy amid several vendors’ protests & complaints
Foodpanda Malaysia’s statement came after local media reported that several vendors on the platform have called for protests against ‘hidden’ or promotion charges which caused them to incur losses.
October 29, 2021
News,Investments,Philippines,FoodTech
Philippines cloud kitchen startup CloudEats closes $5M Series A with Vulpes, Gobi Partners, and Alibaba-backed BAce Capital
Funds raised in this round will be utilized to scale CloudEats’ proprietary smart kitchen technology, open cloud kitchens in more markets across the region, and develop new champion brands like Burger Beast, which has now become one of the top recognized burger brands in the Philippines, CloudEats said in a statement.
October 28, 2021
News,Investments,Philippines,FoodTech
With $1.2M Seed funding, WTH Foods aims to bring alternative protein-based Filipino dishes to international markets
WTH Foods launched a research and development (R&D) facility to enhance the texture and taste of its plant-based products. It will use the facility to hone its plant-based versions of popular Filipino dishes and products to target more than 2.2 million Filipinos living away from home with expansion plans to Singapore, other markets across Southeast Asia and…
October 28, 2021
Community Interview,FoodTech,Podcast,TNGlobal Insider
From Wall Street to celebrity chef: How Judy Joo is spreading Korean flavors around the world [Podcast Q&A]
The biggest challenge in opening Korean restaurants overseas is educating people on the cultural differences within Asia and explaining that each country is different with its unique culture and culinary traditions and flavors. All of Asia should not be grouped together on one plate--each country and its cuisine should be celebrated as its own.
October 18, 2021
News,Indonesia,Investments,FoodTech
Indonesia all-in-one restaurant operations platform ESB raises $7.6M in Series A+ round led by Alpha JWC Ventures
With this fresh funding, ESB will further expand its proposition including tech-enabled upselling features, enhanced business intelligence (BI) platform, delivery solutions, payment solutions, financing, and human resources information system (HRIS) to become the dominant end to end F&B business operating platform.
October 12, 2021
Community Interview,FoodTech,Podcast,TNGlobal Insider,AgriTech
Luni Libes of Africa Eats on impact investing and building out services to fill in business infrastructure gaps in food & agri [Podcast Q&A]
Africa Eats is a novel investment holding company that takes 27 graduates from the Fledge accelerator and which answers the question of "how do you build out the food/ag supply chain across Africa to end hunger and poverty?" The answer is a mashup of venture capital, business accelerator, and Berkshire Hathaway.
October 1, 2021
News,SEA,FoodTech,China,Asia,Venture Capital
Alternative protein investor Lever VC announces $80M final close of Lever VC Fund I
Lever VC is also actively speaking with investors interested in Lever VC Fund II, which will begin raising early next year.
September 15, 2021
Grab-Euromonitor report: Southeast Asia online food delivery spend to hit $28B in 2025
Growth is expected to be fastest in emerging markets such as Myanmar, Vietnam and the Philippines, with the total regional online food delivery Gross Merchandise Value (GMV) to more than triple from $9 billion in 2020 to $28 billion in 2025.
September 6, 2021
Amid the global pandemic, here are trends and innovations shaping the F&B industry
With the rise of delivery, the importance of a strong digital marketing plan becomes vital. Digital marketing will be the key to push your grand opening, promote your restaurant and get customers excited and ordering. Customer insights can then be leveraged to maximize customer acquisition and retention.
August 31, 2021
FoodTech,TNGlobal Q&A and Interviews
Chicago-based foodtech Nature’s Fynd is out to capture APAC’s slice of the alt-protein pie [Q&A]
Fresh off a US$350 million Series C round led by SoftBank’s Vision Fund 2, Chicago-based fungi protein startup Nature’s Fynd is bypassing typical alt-protein markets in Europe to expand across Asia Pacific aggressively in 2022. Nature’s Fynd Chief Marketing Officer Karuna Rawal tells TechNode Global why.
August 27, 2021
Singapore’s Temasek restructures to focus on key investments
August 29, 2025
Singapore’s Temasek restructures to focus on key investments
August 29, 2025