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Food Technology — 14 Feb 2024

Simple Planet, a company specializing in the development of cell-cultured food ingredients, has announced that it recently secured approximately 8 billion won in investment from domestic venture capital firms. The investment is part of a pre-Series A funding round.  Simple Planet’s funding round saw participation from a diverse group of major venture capital firms and […]

Featured — 29 Dec 2023

If we were to guess which Taiwanese street food has the potential to catch on in America, boba milk tea would definitely top the list. “In Los Angeles, beverage shops can be found almost everywhere,” says Ron Chan, the founder of ODD ONE OUT TEA, a boutique Taiwanese beverage franchise. Discussing the “boba milk tea […]

Acquisitions — 1 Sep 2023

LINE MAN Wongnai and LINE Company (Thailand) Limited have acquired the shares of Rabbit LINE Pay Company Limited (RLP) from its previous shareholders, RabbitPay System Company Limited and Advanced mPAY Company Limited. The companies revealed the collaboration in a joint statement released on Thursday. This acquisition integrates RLP’s payment services more deeply within the LINE […]

Food Technology — 23 Jun 2023

Green Rebel, an Indonesian food technology startup, has recently partnered with renowned quick-service restaurants (QSRs) including Starbucks Malaysia and Nando’s Singapore as part of its strategic growth plan. The company plans to expand its presence in the Asia Pacific region. These partnerships come ahead of Green Rebel’s series A financing exercise, scheduled towards the end […]

Featured — 11 May 2023

Singapore-based coffee chain Flash Coffee has raised a total of $50 million in its Series B funding round led by White Star Capital, with existing investors including Delivery Hero, Geschwister Oetker, and Conny & Co also participating. The company plans to use the funds to achieve group-level profitability, expand its footprint across the Asia Pacific […]

Featured — 8 May 2023

Indonesia-based hyperlocal online F&B startup, UENA, has secured new funding from existing investor East Ventures and new investor Trihill Capital in a round that closed in Q1 2023. The amount raised was not disclosed. The fresh funding will be used to expand UENA’s locations and services to reach more users and customers. Since launching in […]

Featured — 13 Apr 2023

Korean company Ggeek Beer Company began as a small craft brewery nestled in the heart of Seoul, South Korea, and has grown to a household name domestically and beyond. Founded by a group of beer enthusiasts passionate about creating unique and flavorful brews, Ggeek has gained a reputation as one of the best craft breweries […]

Food Technology — 12 Apr 2023

Legit Group, a multi-brand cloud kitchen operator in Indonesia, has raised a total of $13.7 million in a Series-A funding round led by MDI Ventures. Other investors in the round included Sinar Mas Digital Ventures, East Ventures, and Winter Capital. The company plans to use the funds to expand its operations beyond Jabodetabek and innovate […]

Food Technology — 31 Dec 2022

Singapore-based food innovation company Alchemy Foodtech announced that it raised $3 million in a recent funding round. In a statement, Alchemy Foodtech said the investments will allow them to pursue the next stage of development in markets locally and overseas. “With the funds raised, we are able to pursue our growth in China and support […]

Featured — 30 Nov 2022

E-grocery shopping platform Cooky raised $4.5 million from its recent funding round to accelerate its R&D to create more diverse and healthy meal kits that could be sold at very affordable prices. The company also wants to focus on maximizing customer satisfaction by improving personalized services based on their needs. In a statement, Cooky said […]

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