Entobel says it will demonstrate that “it’s possible to produce industrial volumes of insect protein at a competitive cost… and we expect this factory will be profitable early next year.”
As smartphones have proliferated and technological advancements have enabled more transparency around agricultural products and pricing, farmers are gaining more trust in online tools as a means to do business and improve their finances.
Tepbac stands out for its unwavering commitment to bettering the lives of shrimp farmers and improving the aquaculture industry of Vietnam.
Tepbac will use the funding scale its hardware-software system that promises to equip shrimp farmers with more efficient, sustainable tools.
The startup provides automation software, connected hardware devices, and an e-commerce platform to create efficiencies for the local industry.
The Singapore-based startup has acquired stakes in ag produce supply chain businesses in Indonesia, Malaysia, and Vietnam in recent weeks.
The e-commerce platform — which is reportedly exploring an IPO in the US in 2022 or 2023 — said it recently reached 20 million registered users.
Shiok Meats is planning to open a production facility in its native Singapore by 2023 to cultivate cell-based shrimp, lobster, crab, and crayfish at commercial scale.
The deal will see VinCommerce partner with the Chinese tech giant’s Lazada platform to build an e-grocery service in the country.
Vinh Hoan’s new Vinh Technology division will “access strategic opportunities in agritech, foodtech, and biotech” as well as alt-protein, it said.
It has just launched a burger made from house crickets plus a few plant-based ingredients; consumers couldn’t differentiate it from beef, the startup claims.
The region’s smallholders are increasingly active users of mobile tech, according to a new study – but adoption of solutions developed specifically for them remains low.
Cricket One is another insect-based protein startup that’s taking off in Asia, but why? AFN speaks with its founder, Nam Dang, to find out.
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