FoodTech

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…

ORIGIN Innovation Awards 2021: Startup Winners – HealthTech & MedTech, and FoodTech & AgriTech

We are thrilled to announce the Startup Winners - HealthTech & MedTech and FoodTech & AgriTech for the second edition of the ORIGIN Innovation Awards.

Y Combinator-backed Tablevibe raises $1.5M led by Global Founder Capital

Tablevibe has raised a $1.5M seed investment round led by venture capital firm Global Founder Capital. Velocity Ventures and multiple angel investors, among which Farouk Kadous, founder of African fast-food chain Chickin Worx, also participated in the seed round.

All G Foods and the future of alternative meats and milk [Podcast Q&A]

Jan Pacas is the Founder and CEO of All G, a FoodTech company playing in the alternative protein and biotech space. His career spans globally and includes scaling a $1 billion multinational business, being a CEO of a successful multichannel Australian business, and co-founding two successful startups. Jan strongly believes that focusing simultaneously on…

Singapore healthy food chain SaladStop! Group raises $8.8M Series B funding led by Temasek

SaladStop! Group has announced the closing of a SG$12 million ($8.88 million) Series B investment round, led by Singapore state investor Temasek. The fundraising proceeds will be used to continue to accelerate the group's digital transformation including its investment in proprietary technologies.

Singapore food supply chain marketplace TreeDots secures $11M Series A Investment led by Amasia and East Ventures

TreeDots is looking to enhance its growing food logistics optimization platform and expand regionally with fresh funding. The company, which started its operations in Singapore, expanded into Malaysia last year and expects further regional expansion ahead. it also recently expanded to logistics optimization services to help enterprise customers build more…