Tag: Southeast Asia

Join us for Singapore Food Bowl Demo Day

October 8, 2020

Singapore Food Bowl is our fully-online impact accelerator program aimed at building a more resilient, sustainable, and decentralized agrifood system.

3 Singapore Food Bowl startups strengthening the supply chain after Covid-19

October 5, 2020

AFN meets 3 startups bringing more efficiency and sustainability to the agrifood supply chain, with blockchain, coconut husks, and cold storage in the mix.

SoftBank-backed logistics platform Waresix raises $100m

September 10, 2020

The Indonesian startup seeks to optimize land and sea transportation, freight forwarding, warehousing, and cold storage for clients including Unilever and Indofood.

Pivot East: the new program from GROW and Farm491 bringing UK and EU agrifood startups to Asia

August 13, 2020

Focused on food resilience, sustainability, and health, Pivot East will help UK and EU startups test-run their entry into Asia Pacific using Singapore as a springboard.

5 ASEAN startups tackling the messy middle of the agrifood value chain

July 17, 2020

While the bulk of funding went to downstream categories in 2019, startups in the middle of the agrifood value chain are attracting more and more interest.

Farm-to-fork models, new retail drove $165m agrifoodtech funding in Indonesia last year

July 14, 2020

Infrastructure, crop cultivation, and logistics and distribution are set to be the leading areas for funding in the years ahead, says East Ventures partner Melisa Irene.

Meet the 12 startups joining Singapore Food Bowl, GROW’s local food resilience accelerator

July 13, 2020

GROW’s first Singapore Food Bowl cohort specializes in areas including urban farming, ‘clean meat’ production, and food waste valorization.

Singapore led ASEAN with $177m funding for agrifoodtech startups last year

July 6, 2020

Singapore Economic Development Board’s John Eng says the city-state’s “unique” ecosystem of agrifood corporates and startups is winning investors over.

Southeast Asia’s food innovation scene bloomed last year with Shiok Meats, Alchemy Foodtech among top funded

July 1, 2020

Shiok Meats has just raised another $3 million in bridge funding as it sets its sights on commercialization of its cultured seafood products.

Southeast Asia’s ag, food startups raised $423m last year: ASEAN Agrifoodtech Investment Report 2020

June 30, 2020

Between them, Singapore and Indonesia raised over five times the funding of all the other ASEAN countries put together.

Grab lays off 5% of workforce as Covid-19 continues to chill food-delivery providers

June 17, 2020

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.

Grab eyes Southeast Asia’s rural economy for post-pandemic growth

June 9, 2020

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.

Singapore’s Agrocorp gets $50m sustainability loan to enhance Covid-stricken food supply

June 5, 2020

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.”

Facebook and Paypal join Google, Tencent to back Indonesian food and payments giant Gojek

June 3, 2020

Facebook’s first investment in an Indonesian company has echoes of its $5.7 billion Jio deal in India earlier this year.

Q&A: Covid-19 has made us turn to local farmers, says head of Singapore’s top e-grocery site

June 1, 2020

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.

Jay-Z, Serena Williams-backed Kopi Kenangan scores $109m in Sequoia-led Series B round

May 13, 2020

The Indonesian startup will use the funds to expand at home and farther afield, as it bets on tech to change F&B after Covid-19.

Coronavirus-stricken ASEAN turns to home cooking, health foods in opportunity for agrifood innovators

April 23, 2020

A shift in consumer habits in the region amid Covid-19 presents new opportunities for e-grocers, meal kit makers, and health-conscious food and drink brands.

Gojek acquires mPOS startup Moka for a reported $120m to boost its food merchant platform

April 20, 2020

Moka, a Jakarta-based startup offering POS software for food merchants, could help the on-demand ‘super app’ build out its service offering to restaurants.

Covid-19 will compound ASEAN’s long-term food security challenges – new report

April 14, 2020

Covid-19 has laid bare the region’s food supply chain problems. Collaboration between government and industry – often tech-based – will be key to solving them.