Hoow Foods, a Singapore-based foodtech startup, announced it has raised S$3 million (around US$2.2 million) in its latest round.

More funding details

• Lead investor: Farquhar VC
• Existing investor: Trive Ventures
• Stage: Pre-series A

More company updates

• The company will use the fresh funds to accelerate its commercial and operational capabilities and spin off some of its products to individual subsidiaries and joint ventures.
• To date, Hoow Foods has produced more than 20 healthy food prototypes, including fat and sodium replacements and plant-based food.
• It also has an ongoing partnership with Singapore brand Killiney Kopitiam Group, which is also an investor in the firm. The tie-up has launched more than 10 consumer packaged goods under the Killiney brand and has sold over 1.5 million beverages.
• Hoow Foods last year raised an undisclosed amount of strategic funding in a round led by Singapore family office Nanyang Realty.