Ho Ren Hua also announced the launch of Thai Wah Ventures, which will invest in startups working across agritech, supply chain, bioplastics, and novel ingredients.
The Jakarta-based startup is relying on micro-fulfillment, refrigeration, and last-mile, ‘in-time’ delivery – as well as its 1,000-plus farmer partners – to do it.
The US firm is establishing its Global Sustainability Innovation Center in Singapore; while spin-out Bain Capital has raised $800m for its second impact fund.
“In industries like aerospace and manufacturing, Singapore provides vital components for other countries. There’s no reason we can’t do the same for alt-proteins.”
It has just launched a burger made from house crickets plus a few plant-based ingredients; consumers couldn’t differentiate it from beef, the startup claims.
Robinhood is going head to head with unicorns Gojek and Grab – but believes it can better serve “the small guys” who run most of kingdom’s restaurants.
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