Indonesian cloud kitchen startup Legit banks $3m seed funding
September 10, 2021
The Jakarta-based company says it wants to become “the leader in creating delivery-first food and beverage brands in Southeast Asia.”
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Tag: Southeast Asia
Pasarnow scores $3.3m seed funding to upgrade Indonesia’s fresh food supply chain
September 8, 2021
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.
Innovate UK & GROW launch incubator to help UK agrifood startups scale into Asia Pacific
August 2, 2021
Global Incubator Programme – Gateway to Asia will help UK agrifoodtech startups expand into the Asia-Pacific region remotely.
Introducing GROW2Asia: A fast-track for Australian agrifood innovators to scale into Asia remotely
July 13, 2021
It’s a unique accelerator program offered by GROW in partnership with Food Futures Company and Austrade, Australia’s trade and investment agency.
Brief: UAE cloud kitchen startup Kitopi raises $415m, joins billion-dollar club
July 5, 2021
The Series C round marks the first UAE investment out of SoftBank’s Vision Fund II.
Future Food 🎙️: Diving deep with Shiok Meats’ Sandhya Sriram on the future of cell-cultured seafood
June 25, 2021
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.
Meet the plant-based pioneers in GROW’s latest Impact cohort: ANINA, Green Rebel & Rainfed
June 24, 2021
In this roundtable article, AFN hears from team members at three GROW startups which are playing their part in the plant-based protein revolution.
Brief: Singapore’s NTU launches ‘first alt-protein university course’ in Asia Pacific
June 21, 2021
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.
Brief: Indonesia’s Green Rebel unveils ‘Asia’s first’ plant-based whole cuts
June 16, 2021
The startup said the two products will be sold by restaurant partners at the same, or lower, price points as similar animal-derived menu items.
Quorn maker lists at $5bn valuation; plots US expansion of alt-protein portfolio
June 1, 2021
Monde Nissin raised just over $1 billion in its Philippines IPO – and is earmarking much of it for expansion in the US.
Alibaba leads $400m investment in Vietnam e-grocery play following Korea’s SK $410m injection
May 24, 2021
The deal will see VinCommerce partner with the Chinese tech giant’s Lazada platform to build an e-grocery service in the country.
Indonesian farmer platform TaniHub raises $66m
May 21, 2021
CEO Pamitra Wineka said the funding will help the startup to strengthen its regional presence and boost Indonesian ag’s global competitiveness.
Southeast Asian food e-commerce giants Gojek & Tokopedia confirm $18bn merger
May 18, 2021
Gojek edges Singapore-based rival Grab – which is in the midst of its own $40 billion SPAC merger – as Indonesia’s most popular food delivery app.
GROW Impact Accelerator launches second cohort to advance new frontiers in food & agriculture
May 6, 2021
The GROW Impact Accelerator’s new cohort has been picked from over 270 applicants hailing from 58 countries. Seven out of the 10 teams have female founders.
Grab confirms record-breaking $40bn SPAC deal; archrival Gojek nears $18bn merger
April 14, 2021
The Singapore-based app claims to be the category leader for online food delivery, ride-hailing, and digital payments in Southeast Asia.
Trax secures $640m from SoftBank, BlackRock for retail robotics & analytics
April 8, 2021
Singapore-based Trax was Southeast Asia’s highest-funded agrifoodtech startup in 2019, according to AgFunder data.
Brief: Food delivery app Grab said to target US listing in biggest ever SPAC deal
April 7, 2021
The proposed deal would value Grab at around $35 billion and could complete as soon as this week, according to people familiar with the matter.
Brief: Tesco brand bows out of Asia after Thai food giant’s $10bn buyback
February 19, 2021
The last visible vestiges of Tesco’s Asian retail operations are set to disappear as stores carrying the UK company’s name undergo a rebrand.
EXCLUSIVE: Plant-based, protein-rich & mind-nourishing: Asia’s food trends for 2021 as revealed by AI
November 26, 2020
As 2020 draws to a close, trends identified by Ai Palette suggest that Covid-19 will have a long-lasting impact on Asia’s food preferences.
Southeast Asia will make $205bn each year if it builds sustainable agrifood system – Bain
November 25, 2020
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.
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