Other recent distress signals suggest the big priority for vertical farming company Kalera in 2023 is about surviving rather than scaling.
From old timers with mega deals to up-and-comers just entering the space, here are the ghost kitchen startups leading the pack of a growing if somewhat controversial segment of the food industry.
A couple mega-deals of $100 million and over are responsible for the bulk of ghost kitchen investment from the last 12 months.
The startup provides automation software, connected hardware devices, and an e-commerce platform to create efficiencies for the local industry.
“Countries are betting heavily on emerging solutions – which is another way of saying silver bullets.”
Bjorn Shen has crafted a mezze platter that’s being served in school and workplace canteens across Singapore.
The Singapore-based startup has acquired stakes in ag produce supply chain businesses in Indonesia, Malaysia, and Vietnam in recent weeks.
Cannabis has been removed from the country’s narcotics list, potentially paving the way for a new industry around hemp-based products and services.
The Bandung-based startup plans to launch into other major fish and shrimp farming markets, including China and India.
CEO Anthony Tan said the company will invest part of the proceeds into mapping tech in order to “deliver groceries more efficiently.”
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.
“Given we are operating in crops like palm, coffee, [and] pepper, we see the Southeast Asia region as a massive opportunity,” says co-founder Shailendra Tiwari.
The Jakarta-based company says it wants to become “the leader in creating delivery-first food and beverage brands in Southeast Asia.”
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.
Global Incubator Programme – Gateway to Asia will help UK agrifoodtech startups expand into the Asia-Pacific region remotely.
It’s a unique accelerator program offered by GROW in partnership with Food Futures Company and Austrade, Australia’s trade and investment agency.
The Series C round marks the first UAE investment out of SoftBank’s Vision Fund II.
CEO Sriram on why she made the leap from full-time scientist to founder – and how she reconciles vegetarianism with being a cultured meat eater.
In this roundtable article, AFN hears from team members at three GROW startups which are playing their part in the plant-based protein revolution.
NTU students will learn the science behind cell-cultured, plant-based, and fermented proteins, as well as the market opportunities and regulatory issues they present.
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International Fresh Produce Association launches 2023 Fresh Field Catalyst Accelerator program