Next Gen will use the funds to launch its first brand, plant-based chicken substitute TiNDLE, in Singapore and other Asian cities.
The Singapore government unveiled the fund, aimed at encouraging local agtech adoption, as part of its 2021 national budget and 10-year sustainability plan.
Japfa aims for “viable solutions that improve the production of quality proteins and, ultimately, the nutrition of millions of people,” says Tan Yong Nang.
Dyadic and TurtleTree will collaborate on growing recombinant proteins that can be used as alt-protein growth factors, affordably and at industrial scale.
Japfa Feeds the Future is an innovation challenge run by agrifood giant Japfa and AgFunder-backed GROW, and is open to startups worldwide.
Freshly funded Advantir Innovations is riding the wave of interest in contactless foodtech with Swirl.GO, its smart soft-serve machine.
Supported by AgFunder and Enterprise Singapore, GROW is advancing innovation, sustainability, and resilience in the agrifood ecosystem.
The Singapore-based startup is diversifying beyond its own cultured milk products to sell its knowhow to the wider cellular agrifood industry.
The Singapore-based app expects GrabFood to hit breakeven by the end of 2021 – with or without prospective merger partner Gojek, which has reportedly opened talks with e-commerce giant Tokopedia.
The Singaporean startup wants to tackle Asia’s ‘fast-growing diabetes epidemic’ with its specialty ingredients that counter the ill effects of refined carbohydrates.
The city-state’s trade minister predicts “many other companies” will follow Perfect Day and others setting up R&D and manufacturing facilities there.
The Singapore-based startup is expanding beyond breastmilk for babies “to address the nutritional needs of our elderly and adults,” says CEO Fengru Lin.
The Singapore sovereign fund’s acquisition of a majority stake in the Israeli company is just the latest sign of its increasingly hard focus on agrifoodtech.
Trade, logistics, and supply chain management are among the other areas to be targeted by the new government-backed initiative.
San Francisco’s Eat Just – known for its plant-based egg substitute – got the greenlight from the Singapore Food Agency to sell cultured chicken meat to consumers.
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.”
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 SoftBank CEO is “stepping up pressure” on Anthony Tan, co-founder and CEO at Singapore-based Grab, to work out a “ceasefire” with his counterparts at Gojek.
In the last of our series profiling the first-ever Food Bowl cohort, AFN speaks to four startups offering solutions to make farming more sustainable.
Biological innovation is key to the economic & environmental sustainability of CEA