AirAsia Food
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Founded in 2012, Purple Orange’s objective is to support the transition away from animals in the food chain, supporting early-stage food and biotech companies across the globe with a focus on alternative proteins and cellular agriculture. It currently has 12 startups from different nations in its portfolio. Its most recently disclosed investments have been in the December 2020 pre-seed round of Chinese cultured meat startup CellX and in the November 2020 $500,000 pre-seed round of Swedish plant-based food vending startup VEAT.
Founded in 2012, Purple Orange’s objective is to support the transition away from animals in the food chain, supporting early-stage food and biotech companies across the globe with a focus on alternative proteins and cellular agriculture. It currently has 12 startups from different nations in its portfolio. Its most recently disclosed investments have been in the December 2020 pre-seed round of Chinese cultured meat startup CellX and in the November 2020 $500,000 pre-seed round of Swedish plant-based food vending startup VEAT.
CMO and co-founder of Natural Machines / Foodini
Lynette Kucsma has an MBA and BSc Marketing. She has worked in the technology and consumer goods sectors, including a marketing and communication role in Fortune 500 companies like Microsoft.Based in Barcelona, she is passionate about healthy eating and technology. In 2012, Kucsma co-founded Natural Machines to design food-grade home appliances for both B2B and B2C customers. The company recently launched a 3D food printer equipped with laser-cooking technology.Kucsma was named by CNN as one of “7 tech superheroes” to watch. She also mentors startups in the hardware and IoT space.
Lynette Kucsma has an MBA and BSc Marketing. She has worked in the technology and consumer goods sectors, including a marketing and communication role in Fortune 500 companies like Microsoft.Based in Barcelona, she is passionate about healthy eating and technology. In 2012, Kucsma co-founded Natural Machines to design food-grade home appliances for both B2B and B2C customers. The company recently launched a 3D food printer equipped with laser-cooking technology.Kucsma was named by CNN as one of “7 tech superheroes” to watch. She also mentors startups in the hardware and IoT space.
CEO and co-founder of Natural Machines / Foodini
Emilio Sepulveda is a Spanish engineer and MBA graduate with over 20 years of experience in the technology space at a global level. He worked as Strategy and Innovation Manager at Telefónica, leading multiple startups and projects. He was also involved in team structuring, seed funding round support, business model and strategy development.Passionate about IoT and robotics, Sepulveda co-founded Natural Machines in 2012 to develop 3D food-grade home appliances for both B2B and B2C customers. The company has just launched the world’s first 3D food printer equipped with laser-cooking technology.
Emilio Sepulveda is a Spanish engineer and MBA graduate with over 20 years of experience in the technology space at a global level. He worked as Strategy and Innovation Manager at Telefónica, leading multiple startups and projects. He was also involved in team structuring, seed funding round support, business model and strategy development.Passionate about IoT and robotics, Sepulveda co-founded Natural Machines in 2012 to develop 3D food-grade home appliances for both B2B and B2C customers. The company has just launched the world’s first 3D food printer equipped with laser-cooking technology.
Co-founder, CEO of Kibus Petcare
Albert Icart Martori is co-founder and CEO at Kibus Petcare, the first hardware that automatically cooks and dispenses healthy pet food. He has worked there since 2018. Prior to this, he worked at his family's pet food business Picart Petcare as its Head of Sales and Marketing for almost four years. Picart has been in operation since the 1950s and exports to over 25 European countries and other markets. Icart studied a first degree in Business at Barcelona's ESADE business school and is also a member of Europe's largest organization of business leaders Réseau Entreprendre, known as Netmentora in Catalonia.
Albert Icart Martori is co-founder and CEO at Kibus Petcare, the first hardware that automatically cooks and dispenses healthy pet food. He has worked there since 2018. Prior to this, he worked at his family's pet food business Picart Petcare as its Head of Sales and Marketing for almost four years. Picart has been in operation since the 1950s and exports to over 25 European countries and other markets. Icart studied a first degree in Business at Barcelona's ESADE business school and is also a member of Europe's largest organization of business leaders Réseau Entreprendre, known as Netmentora in Catalonia.
CEO and founder of Mycorena
Ramkumar Nair graduated in biotechnology at the Cochin University of Science and Technology in Kerala before going to Sweden for postgrad studies in 2013.During his PhD in industrial biotechnology at the University of Borås, he embarked on a research project to create fungi-based proteins from discarded sidestreams generated by food producers. After extensive research in 2017, he founded Mycorena in Gothenburg to produce mycoproteins using fermentation technology.The startup’s first commercial product, Promyc, is now being sold to global food companies as a more sustainable and nutritional alt-protein compared to traditional plant-based proteins.
Ramkumar Nair graduated in biotechnology at the Cochin University of Science and Technology in Kerala before going to Sweden for postgrad studies in 2013.During his PhD in industrial biotechnology at the University of Borås, he embarked on a research project to create fungi-based proteins from discarded sidestreams generated by food producers. After extensive research in 2017, he founded Mycorena in Gothenburg to produce mycoproteins using fermentation technology.The startup’s first commercial product, Promyc, is now being sold to global food companies as a more sustainable and nutritional alt-protein compared to traditional plant-based proteins.
Founder and CEO of Daojia Meishi (“Daojia”)
Undergrad Tsinghua University (Electronics); EMBA, University of Michigan Ann Arbor. Was senior vice-president of online media company Hurray, and founder of failed yellow pages startup. Later joined Lihua Fast Food, where he became CEO.
Undergrad Tsinghua University (Electronics); EMBA, University of Michigan Ann Arbor. Was senior vice-president of online media company Hurray, and founder of failed yellow pages startup. Later joined Lihua Fast Food, where he became CEO.
Co-founder of Qingnian Caijun (Mr Food)
A graduate of Renmin University, School of Sociology and Population Studies, Huang Chiwei, with his friends, quit his well-paying “real job” to start Mr Food. A first-generation “migrant” in Beijing from the province.
A graduate of Renmin University, School of Sociology and Population Studies, Huang Chiwei, with his friends, quit his well-paying “real job” to start Mr Food. A first-generation “migrant” in Beijing from the province.
Co-founder of Qingnian Caijun (Mr Food)
A graduate of Renmin University, School of Sociology and Population Studies, Ren Mu, with his friends, quit his well-paying “real job” to start Mr Food. A first-generation “migrant” in Beijing from the province.
A graduate of Renmin University, School of Sociology and Population Studies, Ren Mu, with his friends, quit his well-paying “real job” to start Mr Food. A first-generation “migrant” in Beijing from the province.
Co-founder of Qingnian Caijun (Mr Food)
A graduate of Renmin University, School of Sociology and Population Studies, Chen Wen, with his friends, quit his well-paying “real job” to start Mr Food. A first-generation “migrant” in Beijing from the province.
A graduate of Renmin University, School of Sociology and Population Studies, Chen Wen, with his friends, quit his well-paying “real job” to start Mr Food. A first-generation “migrant” in Beijing from the province.
Founded in 1813 as a small grain-trading firm in Arlon, France (now Belgium), Continental Grain Company (CGC) is now headquartered in New York. It has operations in 10 countries and employs over 13,500 people worldwide. Business activities include animal feeds, aquaculture and meat production.Besides interests in the food, agribusiness and commodities sectors, CGC also manages different asset classes like private equity, listed securities and venture capital. Its investment portfolio includes more than 30 food and agribusiness companies, ranging from early-stage ventures to established market leaders across the US, China and Latin America.CGC Asia mainly invests in feed milling, animal husbandry, meat production and processing businesses in the region. Direct investments are made through Continental Capital Limited in China, focusing on high‐growth food and agribusiness firms.
Founded in 1813 as a small grain-trading firm in Arlon, France (now Belgium), Continental Grain Company (CGC) is now headquartered in New York. It has operations in 10 countries and employs over 13,500 people worldwide. Business activities include animal feeds, aquaculture and meat production.Besides interests in the food, agribusiness and commodities sectors, CGC also manages different asset classes like private equity, listed securities and venture capital. Its investment portfolio includes more than 30 food and agribusiness companies, ranging from early-stage ventures to established market leaders across the US, China and Latin America.CGC Asia mainly invests in feed milling, animal husbandry, meat production and processing businesses in the region. Direct investments are made through Continental Capital Limited in China, focusing on high‐growth food and agribusiness firms.
Co-founder of EatTasty
E-commerce specialist Orlando Lopes held various positions at women’s accessories brand Parfois, before joining marketing and advertising agency BySide as an account manager. At BySide, he met Rui Costa, and the two eventually co-founded food delivery startup EatTasty.
E-commerce specialist Orlando Lopes held various positions at women’s accessories brand Parfois, before joining marketing and advertising agency BySide as an account manager. At BySide, he met Rui Costa, and the two eventually co-founded food delivery startup EatTasty.
Picart Petcare is the family business of Albert Icart Martori, co-founder of Kibus Petcare. It has been in operation since 1953 and is based in Barcelona. Not usually an investor in tech or startups, it has invested solely in healthy pet food preparation hardware startup Kibus with a pre-seed investment of €120,000 in 1Q 2019. Picart distributes pet food and animal feed in more than 25 European and Middle Eastern markets and is set to be a key distributor of Kibus' hardware.
Picart Petcare is the family business of Albert Icart Martori, co-founder of Kibus Petcare. It has been in operation since 1953 and is based in Barcelona. Not usually an investor in tech or startups, it has invested solely in healthy pet food preparation hardware startup Kibus with a pre-seed investment of €120,000 in 1Q 2019. Picart distributes pet food and animal feed in more than 25 European and Middle Eastern markets and is set to be a key distributor of Kibus' hardware.
Co-founder of Jimaisong
Former co-founder of Nasdaq-listed eFuture Zou Hongjun helped built the supply chain IT systems of over 50% of China’s top 100 chain-store enterprises. The Chongqing University graduate also has years of experience in fresh food e-commerce.
Former co-founder of Nasdaq-listed eFuture Zou Hongjun helped built the supply chain IT systems of over 50% of China’s top 100 chain-store enterprises. The Chongqing University graduate also has years of experience in fresh food e-commerce.
Mustard Seed MAZE is a Lisbon-based VC firm that invests in early-stage startups, primarily in social impact enterprises. Endowed with €40m, the VC has invested in projects dealing with food wastage, human trafficking, postnatal depression and general healthcare.So far, it has managed one exit, with the majority of its portfolio of 20 companies based in Europe. Recent investment rounds include $3m seed funding for Portuguese mesh network tech HypeLabs, €1.15m seed round for Spanish fintech StudentFinance and $12m Series B round for UK-based food waste app Winnow.
Mustard Seed MAZE is a Lisbon-based VC firm that invests in early-stage startups, primarily in social impact enterprises. Endowed with €40m, the VC has invested in projects dealing with food wastage, human trafficking, postnatal depression and general healthcare.So far, it has managed one exit, with the majority of its portfolio of 20 companies based in Europe. Recent investment rounds include $3m seed funding for Portuguese mesh network tech HypeLabs, €1.15m seed round for Spanish fintech StudentFinance and $12m Series B round for UK-based food waste app Winnow.
Based in the municipality of Falkenburg, the Bertebos Foundation was founded in 1994 by Olof and Brita Stenström to promote education and scientific research in the food industry. The family-run foundation holds 30% shares in the family business Bertegruppen AB. The group’s food brand portfolio includes producer of ice-cream and sorbets SIA Glass and Berte Qvarn that runs a dairy farm, flour mill and bakery.
Based in the municipality of Falkenburg, the Bertebos Foundation was founded in 1994 by Olof and Brita Stenström to promote education and scientific research in the food industry. The family-run foundation holds 30% shares in the family business Bertegruppen AB. The group’s food brand portfolio includes producer of ice-cream and sorbets SIA Glass and Berte Qvarn that runs a dairy farm, flour mill and bakery.
Ento: Making cookies and burger patties from crickets
From whole-roasted crickets and granola bars to sausages and meatballs, Ento aims to tap the growing market for insect-based alternative proteins, targeting enthusiasts and early adopters
Proppos FastPay: Reducing food waste through food recognition tech for restaurants
In a market with few competitors, SaaS startup Proppos FastPay brings operational efficiency to the food services industry with self-checkout machines
Clear Plate: Anti-food waste AI that rewards the diners who finish their food
Taking little steps to make a big difference in fighting food waste, Clear Plate engages with digital natives to spread the message
AgNext seeks less food loss, fairer prices for farmers with food quality analysis tech
Taking computer vision and chemical analysis to the fields for quick crop quality checks, Punjab-based AgNext eyes Asian expansion, and insurtech, fintech opportunities
IXON: Preserving food without canning or freezing
Chinese foodtech IXON aims to disrupt global cold chain logistics with its novel food preparation and packaging solution that keeps food fresh at room temperature for years
Oscillum: The intelligent label to reduce food waste
The Spanish biotech startup has developed sensors embedded in biodegradable plastic labels to monitor “product freshness” beyond expiration dates, helping consumers to avoid food waste and save money
Future Food Asia 2021: Regenerative agriculture in Asia
The unique challenges facing regenerative agriculture in Asia require solutions different from those in the West, presenting opportunities for microfinancing and impact investment
Salicrop protects food crops against soil salinity, boosting yields
Salicrop is raising Series A funding to support the commercialization of its non-GMO seed treatment
Cubiq Foods: Bioreactor farms producing the food of tomorrow
Growing appetite for meat alternatives expected to fuel demand for Cubiq’s low calorie, Omega 3-enriched lab-grown fats
Pula: Pioneering insurtech helps to improve Africa's food security
With Kenyan insurtech Pula’s micro-insurance products, millions of farmers no longer have to bear the full risk of losses from natural disasters and crop failures
Cocuus: Industrial-scale solutions to design and print food
This Spanish startup is pioneering industrial-scale 3D food printing using inkjet and laser technology that prints up to 30 times faster with eye-catching food designs
Future Food Asia 2021 announces finalists for $100,000 prize
Ten startups from agrifood tech and cleantech sectors will pitch during the five-day conference, are also eligible for two more prizes from sponsors Cargill and Thai Wah
Future Food Asia 2021: Consumers crucial for agrifood growth
President of AppHarvest David Lee thinks consumers must be told the truth about the need for technology for change in food because capitalism and consumerism are powerful forces
Oimo: Biodegradable marine-based bioplastics for environmentally friendly food packaging
Its pellets already work well in current factory machinery, so Oimo wants to scale when the EU’s ban on single-use plastics kicks in next year
New Food Invest: Growing an alternative protein business in Asia
With more than 4bn people, Asia presents unique opportunities and challenges to alternative protein startups. Four leading entrepreneurs shared their experiences at the recent New Food Invest conference
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