5 ASEAN startups tackling the messy middle of the agrifood value chain
While the bulk of funding went to downstream categories in 2019, startups in the middle of the agrifood value chain are attracting more and more interest.
While the bulk of funding went to downstream categories in 2019, startups in the middle of the agrifood value chain are attracting more and more interest.
The Lagos-based startup seeks to bring some formality to Africa’s extensive, informal agrifood supply chain, by providing stakeholders with digital tools and mentoring.
Mori, a savvy sericulture startup spinning out of MIT and Tufts, has a plan to reduce food waste by effectively marinating sausages, strawberries or steaks with an imperceptible and edible micro-layer of silk-based proteins.
Few startups can say they’ve had an easy time fundraising this year. But Soplaya says the round it just closed was fast and painless, all things considered.
Oatly’s new celebrity backers are becoming seasoned agrifood investors, with the Swedish alt-milk maker just the latest bet they’ve made in the space.
Infrastructure, crop cultivation, and logistics and distribution are set to be the leading areas for funding in the years ahead, says East Ventures partner Melisa Irene.
The Singapore-based startup has developed an “essentially 100% mechanical” process to improve upon traditional jackfruit-based meat substitutes.
Perfect Day, a Californian startup using plants and fermentation techniques to manufacture animal-free dairy products, has expanded its Series C round to $300 million. Hawk
The media conglomerate and agribusiness giant have joined S2G Ventures and Skyline Global Partners to fund the Iowa startup, which offers a data-backed warranty service for farmers.
PuduTech and Meituan Dianping will collaborate on robotics and catering digitization, and explore opportunities in “localized lifestyle services.”
Singapore Economic Development Board’s John Eng says the city-state’s “unique” ecosystem of agrifood corporates and startups is winning investors over.
Goterra is an on-site food waste management technology and service that disposes of waste via modular insect farms.
There’s space for vertical farming among Chile’s urban populations, where year-round fresh produce is not as abundant as you might think.
Shiok Meats has just raised another $3 million in bridge funding as it sets its sights on commercialization of its cultured seafood products.
Dumpling turns the traditional gig economy on its head by putting personal shoppers at the center of the platform and incentivizing good customer service.
Between them, Singapore and Indonesia raised over five times the funding of all the other ASEAN countries put together.
Koh Poh Koon, the country’s senior minister for trade and industry, unveiled the grant scheme while visiting local indoor farming startup Singrow.
The Woburn, Mass.-based startup uses pharmaceutical discovery techniques to advance promising modes of action for fighting crop pests.
Instead of just identifying helpful microbes, Boost wants to explore how microbe ecology may unlock even more benefits for farmers
TurtleTree Labs has managed to reduce the price of its bioreactor cultured milk from $180 per liter last December to $30 per liter today.
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