FoodTech

Singapore social food ordering app Gobble secures $1.3M seed capital from BEENEXT, Flash Ventures and others

Gobble has raised $1.3 million in a seed round co-led by BEENEXT and Flash Ventures. Notable angel investors who have backed Gobble in this round include Warren Tseng (former RGM, Uber APAC), Siddharth Shanker (former General Manager at Deliveroo Singapore), and Abhishek Sahay (Regional Director, Foodpanda), Gobble will use the funds to launch its platform…

Consumers are now more discerning of the safety, sustainability & health impacts of food, says Shiok Foods’ Sandhya Sriram, PhD [ORIGIN Innovation Awards Q&A]

The company's mission is to bring delicious, sustainable, and healthy seafoods to consumers' tables, using technology to grow meat from healthy cells instead of animals. Currently, Shiok Meats produces crustaceans like shrimps, crabs, lobsters and is the first in the world to do so using cellular agriculture technology.

Green Monday Group’s David Yeung on how FoodTech is addressing global food security and environmental concerns [ORIGIN Innovation Awards Q&A]

OmniFoods has a mission to innovate food that will treat the planet right, treat animals right and treat consumers right. The company's established food scientist team in Canada innovates food 2.0 based on Asian eating culture and cooking habits while ensuring that the ingredients are cruelty-free, cholesterol-free, antibiotic-free, and hormone-free.

For Alchemy Foodtech’s Verleen Goh, food innovation is all about empowering consumers toward healthier and more sustainable choices [ORIGIN Innovation Awards Q&A]

We challenge the notion that healthy is expensive. Healthy doesn't have to mean spending a fortune. Instead, the mass premium products with functional benefits mean that majority of people can afford a healthier option, with 0-30 percent premium, which is an affordable price to keep the doctor away.

Indian fresh food retailer Living Food raises $7.5M Series A investment led by Amasia

Living Food announced the successful closing of a $7.5 million Series A fundraise led by Amasia.Other participating investors included SOSV, Blume Founders Fund, and notable angels including Xander Group founder Sid Yog and Nexus Venture Partners Co-Founder Sandeep Singhal, The company plans to expand to Mumbai in early 2022 and expects further domestic…

Indonesia’s Kopi Kenangan hits unicorn status with $96M Series C fundraise

Kopi Kenangan has raised $96 million in the first closing of a Series C funding, giving the company a valuation of more than $1 billion. The oversubscribed Series C round was led by Tybourne Capital Management, with participation from existing investors including Horizons Ventures, Kunlun, and B Capital, and new investor Falcon Edge Capital, Kopi Kenangan.

Delivery Hero scales down its German operations, plans to divest its Japanese entity

Delivery Hero SE, the Germany-based local delivery platform, has announced plans to scale down its German operations, foodpanda Germany, to a Berlin-based hub focused on developing innovative logistics and tech solutions for the delivery industry. The company also announced a timeline for the planned divestiture of its Japanese entity which also operates…

The future of food

With global food systems already making up about a third of all man-made greenhouse gas emissions, moving to more sustainable food production, delivery and consumption, is critical.

Indonesia’s Lemonilo raises $36M Series C funding from Sofina and Sequoia Capital India

Lemonilo, an Indonesian healthy lifestyle consumer goods company, has raised a US$36 million Series C funding led by Sofina. Sequoia Capital India, Lemonilo’s current investor, also participated in the round. Through this funding, Lemonilo plans to strengthen its current business and expand to international markets, the company said in a statement.

Malaysia cloud application platform Food Market Hub secures $8.5M in Series A round to boost Southeast Asia expansion

ood Market Hub it has raised $8.5 million in an extended Series A+ round to finance further expansion and expedite growth. The round was led by Southeast Asia-focused venture capital firm AC Ventures Malaysia. The funding will enable Food Market Hub to accelerate its expansion plans to Indonesia, penetrate deeper into the Malaysian market, and strengthen…