GROW’s first Singapore Food Bowl cohort specializes in areas including urban farming, ‘clean meat’ production, and food waste valorization.
The Singapore-based startup has developed an “essentially 100% mechanical” process to improve upon traditional jackfruit-based meat substitutes.
Two of Asia’s highest-funded alt-protein startups have joined forces to bring cultured, cellular ag-grown seafood to the masses.
Singapore Economic Development Board’s John Eng says the city-state’s “unique” ecosystem of agrifood corporates and startups is winning investors over.
Shiok Meats has just raised another $3 million in bridge funding as it sets its sights on commercialization of its cultured seafood products.
Koh Poh Koon, the country’s senior minister for trade and industry, unveiled the grant scheme while visiting local indoor farming startup Singrow.
TurtleTree Labs has managed to reduce the price of its bioreactor cultured milk from $180 per liter last December to $30 per liter today.
It’s the Singapore-based agribusiness’s third sustainability loan, and follows its $176 million financing last month for digitalizing the smallholder economy.
Food delivery services are bigger than ever, as locked-down consumers turn to apps for meals and groceries. But the economic outlook for service providers remains tough.
Covid-19 has accelerated the country’s efforts to enhance food security, so agrifoodtech startups are among those that could benefit most from the new fund.
The Singapore-based unicorn is extending its order-anything ‘super app’ platform to the region’s farmers, fishermen, and food traders to keep things ticking as Covid-19 continues.
Agrocorp, which recently made a groundbreaking $12m blockchain wheat trade, will use the funds to “ensure a continuous flow of food from farmers to end-consumers.”
Born out of the National University of Singapore, Singrow is directing its efforts towards local production of temperate-zone fruits and vegetables in tropical areas. And it’s starting with strawberries.
E-commerce demand has skyrocketed, while local farmers and growers are picking up a lot of the slack in supply chains, says the man in charge of RedMart.
Urban farming gets a boost as the Singapore Food Agency and Housing & Development Board tender out nine multi-storey car park rooftops to growers.
Olam set up a “war room” of top execs to tackle Covid-19’s immediate impact on its business. But it’s counting on digitization as a longer term fix.
The Singapore-based agribusiness became the first-ever recipient of a ‘Digital Loan’ based on Boston Consulting Group’s digital maturity index last year.
This first-of-its-kind accelerator program brings industry and startups together to build more resilient local agrifood ecosystems in the wake of Covid-19.
GROW becomes an accredited mentor partner for the Singapore government program, while launching its ‘Pre Accelerator’ for “very early stage” startups.
Growthwell, which has been making ‘mock meats’ for the Southeast Asian market since 1989, is looking to ride the plant-based new wave.
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