FoodTech
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.
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.
Singapore’s F&B startup Chope & Alipay forms strategic partnership
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.
A look into how cloud kitchens are driving growth for Taiwan’s billion-dollar food delivery industry
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.
How cloud kitchens offer endless opportunities for rapid expansion amid the pandemic
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.
Singapore FoodTech startup Hoow Foods raises $2.22M pre-Series A, launches new plant-based subsidiary Hegg Foods
The company is currently planning its pilot-scale production and is working on plans to commercialize HEGG by the first half of 2022.
Malaysia Competition Commission closely monitors food delivery platforms after public outcry on exorbitant commission fees
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.
Singapore FoodTech firm Easy Eat raises $5M funding, eyes SEA expansion
The funding round came as Malaysia is in a so-called "full lockdown" with traveling restrictions to contain the ongoing COVID-19 pandemic. Restaurants and eateries are allowed to operate but no dine-ins are allowed and they are required to follow standard operating procedures set by the government.
Vietnam’s Kamereo bags $4.6M in Series A funding co-led by CPF Group, Quest Ventures, Genesia Ventures
Besides increasing the company’s manpower, the new funding will be used to bring Kamereo to Hanoi next year, to build a new warehouse management system, among others.
Taiwanese cloud kitchen startup 3 SQUARE eyes APAC expansion
Besides Taiwan, 3 SQUARE is looking to expand into Hong Kong, Singapore, Malaysia, Thailand, Indonesia, The Philippines and Japan.
