FoodTech
Singapore’s Alchemy Foodtech expands into sugar reduction solutions
Alchemy Foodtech, a Singapore-based carbohydrates and sugar reduction food technology company has announced its expansion into sugar reduction solutions, which is now used in Subway’s cookie island-wide.
Indonesia’s EdenFarm raises $13.5M funding led by TMI, AppWorks, AC Ventures
EdenFarm, a food service-focused startup based in Indonesia, has secured $13.5 million in its latest Pre-Series B bridge round led by Telkomsel venture arm Telkomsel Mitra Inovasi (TMI), AppWorks, and AC Ventures. The round was also supported by Decart Ventures, Fubon Capital, Trihill Capital, OCBC NISP Ventura, Nakhla and Capria Ventures.
The role of AI in insect farming
Automatization is critical in minimizing labor needs and increasing production. Still, it will not have an immediate effect, as it had in other agricultural domains.
US-based GOOD Meat gets approval to commercialize serum-free cultivated meat in Singapore
GOOD Meat, the cultivated meat division of food technology company Eat Just, Inc., has on Wednesday announced that it has been given a new, first-in-the-world regulatory approval by the Singapore Food Agency (SFA) for the use of serum-free media for the production of cultivated meat.
SEA food delivery platforms total GMV grows 5% y-o-y to $16.3B in 2022
Southeast Asia food delivery platforms' total gross merchansdise value (GMV) grew 5 percent year on year to $16.3 billion in 2022, from S15.5 billion in 2021, a report said Tuesday. According to Momentum Works, the growth was mainly driven by the relatively smaller markets of the Philippines ($2.4 billion), Malaysia ($2.2 billion) and Vietnam ($1.1…
Singapore’s The GrowHub uses technology to improve experience of “farm to fork” [Q&A]
In an interview with TechNode Global, The GrowHub Founder and CEO Lester Chan shared his views on the latest trends in the industry, challenges in food safety and how technology is able to address these challenges.
The importance of uplifting the F&B industry: How automating and using big data can pave the way for supply chain management and restaurants
Beyond joining the crowd of payments and financing, what we foresee is the need to focus on digitizing and automating the backend; specifically, procurement and supply chain management, especially so in the wake of Covid-19.
Malaysia’s Incite Foodtech acquires Eatcosys to create ASEAN’S retail tech ecosystem
Incite Foodtech Sdn Bhd, a Malaysia-based food tech venture, has agreed to acquire Eatcosys Sdn Bhd, a homegrown retail technology solutions provider, to create ASEAN’S retail tech ecosystem.
Indian agri-consumer tech startup Eggoz raises $8.8M led by IvyCap Ventures
Eggoz, an India-based agri-consumer tech startup, has on Wednesday announced that it has raised $8.8million in a series B funding round led by Mumbai-based IvyCap Ventures Pvt Ltd. The round also saw participation from the existing investors NABVENTURES, Avaana Capital, and Rebright Partners.
Singapore’s Alchemy Foodtech raises oversubscribed $3M in extended bridge round
Alchemy Foodtech, a Singapore-based food innovation company, has raised $3million from investors including public-listed Thai President Foods, Pine Venture Partners and Selera Kapital, an investment arm of Sour Sally Group.
