Choco became a unicorn with its latest fundraise, Leaft is making protein from leaves, and Alt Farm is 3D-printing waygu beef alternatives.
Vinh Hoan’s new Vinh Technology division will “access strategic opportunities in agritech, foodtech, and biotech” as well as alt-protein, it said.
Hong Kong’s Avant will expand its focus beyond traditional Chinese cuisine with new products tailored to Western markets.
The US company’s plant-based products had already made it onto restaurant menus in Asia, but now Hong Kongers and Singaporeans can cook them at home too.
The round was led by The Rise Fund – a unit of US private equity giant TPG Capital – and Swire Pacific, an arm of Hong Kong trading house Swire.
Ecoinno wants to offer a ‘third way’ between traditional, petroleum-based plastics, and bioplastics produced from non-naturally occurring polymers.
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