Singapore Alternative Food Startup Hoow Foods Bags $2.2m
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…
Global Halal Food & Beverage Market Forecasted to Reach a Trillion Dollar Valuation by 2026
The “Global Halal Food & Beverage Market Outlook, 2026” report has been added to ResearchAndMarkets.com’s offering. During the period of 2015 to 2020, the global halal food and beverages market grew by roughly USD 412 Billion. It has been forecasted…
Shiok Meats Raises Bridge Funding, Plans R&D, Facility and Operations Expansion
Shiok Meats, the world’s first cell-based crustacean meat company, has raised a bridge funding round from South Korea’s leading food industry players Woowa Brothers Asia Holdings and CJ CheilJedang Corporation and Vietnam’s top seafood exporter Vinh Hoan Corporation. This brings…
This New Vegan Egg is Made From A Legume You’ve Never Heard Of
Vegan food technology company Nabati Foods will launch plant-based liquid egg Nabati Plant Eggz—made from an uncommon legume—later this year. The vegan egg replacer is made with lupin beans (a common snack legume in the Mediterranean) and pea protein, and…
Alternative Innovation
A high proportion of US shoppers value reducing animal-based foods in the diet over increasing consumption, though most make no specific effort, according to research from New Hope Network, Boulder, Colo. Older generations are much more active in restricting or…
Plant-Based Chicken Meat Company in Singapore Secures Funds to Enter US
Plant-based chicken maker Next Gen Foods raised US$20 million from investors including GGV Capital, Bits X Bites and food and beverage maker Yeo Hiap Seng to enter the US, the world’s biggest market for plant-based foods. Existing backers including Temasek…
Nestlé Malaysia Officially Opens First Plant-Based Meals Production Site in ASEAN
Nestlé Malaysia today launched its pioneering Plant-Based Meal Solutions manufacturing facility, the first in ASEAN and one of only two in Asia. The new facility will cater to the rising demand for plant-based foods and will supply local demand as…
