FoodTech

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.

Lever VC is also actively speaking with investors interested in Lever VC Fund II, which will begin raising early next year.

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.

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.

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.

Through this strategic partnership, Alipay will provide Chope with its mini program Software-as-a-Service (SaaS) and know-how, while Chope becomes Alipay's platform partner with the capability to integrate a variety of mini programs quickly and flexibly.

The Taiwan food delivery market, which is a top market for international food delivery players foodpanda and Uber Eats, is expected to generate $1 billion annually and already does close to 600,000 orders per day.

With the F&B industry amidst one of its most revolutionary periods of all time, we are likely to see increased interest in cloud kitchen models. This space offers the potential of better unit economics, improved profitability, and faster scalability that could result in a more secure and sustainable business for all.

The company is currently planning its pilot-scale production and is working on plans to commercialize HEGG by the first half of 2022.

The development also came after local media highlighted last month that some restaurants has urged customers to bypass food delivery platforms and order food directly from their outlets instead of delivery services which take a big cut.