AirAsia Food
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Launched in 2015 in Brussels, EIT Food was established by the not-for-profit European Institute of Innovation & Technology (EIT) and funded by the European Union as an investor and accelerator. Its aim is to support mainly European startups in foodtech areas ranging from traceability to alternative proteins, with sustainability a key deciding factor in the startups it backs from pre-seed to Series-B level. The organization currently has 55 startups in its portfolio, which raised more than €91m in investments in 2020. Its most recent investments include 700,000 Swiss francs (€637,000) in the seed round in January 2021 of Swiss biotech SwissDeCode, a company that applies DNA testing to food traceability. Another investment was the December 2020 €900,000 seed round of Spanish compostable-packaging tech Food Sourcing Specialists.
Launched in 2015 in Brussels, EIT Food was established by the not-for-profit European Institute of Innovation & Technology (EIT) and funded by the European Union as an investor and accelerator. Its aim is to support mainly European startups in foodtech areas ranging from traceability to alternative proteins, with sustainability a key deciding factor in the startups it backs from pre-seed to Series-B level. The organization currently has 55 startups in its portfolio, which raised more than €91m in investments in 2020. Its most recent investments include 700,000 Swiss francs (€637,000) in the seed round in January 2021 of Swiss biotech SwissDeCode, a company that applies DNA testing to food traceability. Another investment was the December 2020 €900,000 seed round of Spanish compostable-packaging tech Food Sourcing Specialists.
Founded in Berlin in 2016, Atlantic Food Labs’ mission is to support startups with the potential to feed 10bn people by 2050. It has supported 20 companies to date and its most recent investments include in the German healthy last-minute delivery service Gorillas’ $290m Series B round and in the €5.9m seed round of B2B German retail connection service Magaloop in March 2021.
Founded in Berlin in 2016, Atlantic Food Labs’ mission is to support startups with the potential to feed 10bn people by 2050. It has supported 20 companies to date and its most recent investments include in the German healthy last-minute delivery service Gorillas’ $290m Series B round and in the €5.9m seed round of B2B German retail connection service Magaloop in March 2021.
Advanced sous-vide aseptic packaging (ASAP) technology extending the shelf-life of food to two years without refrigeration, preservatives or chemicals, potentially disrupting cold chain logistics
Advanced sous-vide aseptic packaging (ASAP) technology extending the shelf-life of food to two years without refrigeration, preservatives or chemicals, potentially disrupting cold chain logistics
Affordable, healthy and tasty prepped meal kits that busy office workers can order online, pick up on their way home and cook in five minutes.
Affordable, healthy and tasty prepped meal kits that busy office workers can order online, pick up on their way home and cook in five minutes.
Pioneering foodtech with the first inkjet printer and laser design tool and printer; innovating technology to scale cell-based food and print food for dysphagia patients.
Pioneering foodtech with the first inkjet printer and laser design tool and printer; innovating technology to scale cell-based food and print food for dysphagia patients.
CEO and Co-founder of Jeff
Serial entrepreneur Eloi Gómez Cal (Santiago de Compostela, 1992) holds a double Bachelor’s degree in Economics and Food Science and Technology. He worked as President and Advisor in ACyTALE, The Food Science and Technology Association – part of the University of León in Spain. He later coordinated projects for Aqgri, developing a SaaS to improve quality processes in the agri-food sector. During this period, he also collaborated with Ceteris Paribus as a consultant on different European projects such as Horizon2020, Erasmus Plus and Fiware.
Serial entrepreneur Eloi Gómez Cal (Santiago de Compostela, 1992) holds a double Bachelor’s degree in Economics and Food Science and Technology. He worked as President and Advisor in ACyTALE, The Food Science and Technology Association – part of the University of León in Spain. He later coordinated projects for Aqgri, developing a SaaS to improve quality processes in the agri-food sector. During this period, he also collaborated with Ceteris Paribus as a consultant on different European projects such as Horizon2020, Erasmus Plus and Fiware.
Chief Project Manager and co-founder of IXON Food Technology
Elton Ho completed a master’s in food analysis and food safety management at Hong Kong Baptist University in 2015. Ho met Felix Cheung during the master’s program and they continued to develop the advanced sous-vide aseptic packaging (ASAP) technology after their graduation. They went on to co-found IXON Food Technology in January 2017, with funding from an angel investor.Ho had previously worked as a laboratory supervisor for nine years at the Vegetable Marketing Organization (VMO), monitoring the levels of pesticide chemical residues and heavy metals in domestic and imported fruits and vegetables. The VMO is a self-financing, non-profit organization established in 1946 to support local vegetable wholesalers and customers in Hong Kong. It also ensures food safety standards compliance and supports the sustainable development of local agriculture.
Elton Ho completed a master’s in food analysis and food safety management at Hong Kong Baptist University in 2015. Ho met Felix Cheung during the master’s program and they continued to develop the advanced sous-vide aseptic packaging (ASAP) technology after their graduation. They went on to co-found IXON Food Technology in January 2017, with funding from an angel investor.Ho had previously worked as a laboratory supervisor for nine years at the Vegetable Marketing Organization (VMO), monitoring the levels of pesticide chemical residues and heavy metals in domestic and imported fruits and vegetables. The VMO is a self-financing, non-profit organization established in 1946 to support local vegetable wholesalers and customers in Hong Kong. It also ensures food safety standards compliance and supports the sustainable development of local agriculture.
Natural Machines is launching the world’s first commercial 3D food printing and laser beam cooking machine for affordable, personalized meals, endorsed by Michelin-starred restaurants.
Natural Machines is launching the world’s first commercial 3D food printing and laser beam cooking machine for affordable, personalized meals, endorsed by Michelin-starred restaurants.
CEO and co-founder of IXON Food Technology
Felix Cheung graduated in physics from Adelaide’s Flinders University in 1999 and obtained a PhD in physics from the University of Sydney in 2005. He obtained a master’s in food analysis and food safety management from Hong Kong Baptist University in 2015. Cheung met Elton Ho during the master’s program at university and they teamed up to co-develop the advanced sous-vide aseptic packaging (ASAP) technology. In January 2017, they established IXON Food Technology to further develop and commercialize ASAP for the food industry.Cheung previously worked as a website designer and administrator at the Complex Plasma Laboratory, University of Sydney, from 2002–2006. He was also an editor at Macmillan Science Communication for one year before joining the Springer Nature publishing group to work as editor at Nature China from 2007–2014.
Felix Cheung graduated in physics from Adelaide’s Flinders University in 1999 and obtained a PhD in physics from the University of Sydney in 2005. He obtained a master’s in food analysis and food safety management from Hong Kong Baptist University in 2015. Cheung met Elton Ho during the master’s program at university and they teamed up to co-develop the advanced sous-vide aseptic packaging (ASAP) technology. In January 2017, they established IXON Food Technology to further develop and commercialize ASAP for the food industry.Cheung previously worked as a website designer and administrator at the Complex Plasma Laboratory, University of Sydney, from 2002–2006. He was also an editor at Macmillan Science Communication for one year before joining the Springer Nature publishing group to work as editor at Nature China from 2007–2014.
Tapping a wide industry network, agroSingularity reduces food waste by turning discarded vegetables into powder form for longer shelf-life used in food and nutraceutical applications.
Tapping a wide industry network, agroSingularity reduces food waste by turning discarded vegetables into powder form for longer shelf-life used in food and nutraceutical applications.
Ibersol is a Portuguese restaurant sector investor established in 1994. It holds the franchises of several of Spain and Portugal's top-selling fast-food chains including Burger King in both nations, Pans & Company in Spain and KFC in Portugal and Angola.To date, it has invested in one startup, the Portuguese healthy food service EatTasty, with undisclosed investment in the company's seed stage, phase one, that raised €1.1m. It also acquired one food sector entity, the Spanish restaurant group, Eat Out Group, for an undisclosed sum in 2016.
Ibersol is a Portuguese restaurant sector investor established in 1994. It holds the franchises of several of Spain and Portugal's top-selling fast-food chains including Burger King in both nations, Pans & Company in Spain and KFC in Portugal and Angola.To date, it has invested in one startup, the Portuguese healthy food service EatTasty, with undisclosed investment in the company's seed stage, phase one, that raised €1.1m. It also acquired one food sector entity, the Spanish restaurant group, Eat Out Group, for an undisclosed sum in 2016.
CEO and founder of Shiheng Tech
Fang Shihun is a serial entrepreneur who graduated with a BSc Applied Mathematics at Emory University in 2014. He founded Shanghai-based Pingyuan App-Ark Education Consulting and became its president from 2009 to January 2015. He also co-founded Shanghai Sanxin Investment Ltd in February 2015 and founded Puyang Food in July the same year. Shiheng Tech was founded in April 2017. Based in Shanghai, he is now the CEO at Puyang Food and Shiheng Tech.
Fang Shihun is a serial entrepreneur who graduated with a BSc Applied Mathematics at Emory University in 2014. He founded Shanghai-based Pingyuan App-Ark Education Consulting and became its president from 2009 to January 2015. He also co-founded Shanghai Sanxin Investment Ltd in February 2015 and founded Puyang Food in July the same year. Shiheng Tech was founded in April 2017. Based in Shanghai, he is now the CEO at Puyang Food and Shiheng Tech.
Co-founder and CMO of Paprika
Indra Halim graduated in 2003 with a degree in Business and IT from RMIT University in Australia. He has been an investor in Medan’s Gelato Bar since 2010. As a co-founder of health food startup Lesssalt and food information website kulinermedan, Indra has extensive experience in the culinary world. He was also CFO for three years at Benah.in, a now-defunct social media website for SMEs. In 2015, he joined Paprika as a co-founder and CMO but left the company in 2016.
Indra Halim graduated in 2003 with a degree in Business and IT from RMIT University in Australia. He has been an investor in Medan’s Gelato Bar since 2010. As a co-founder of health food startup Lesssalt and food information website kulinermedan, Indra has extensive experience in the culinary world. He was also CFO for three years at Benah.in, a now-defunct social media website for SMEs. In 2015, he joined Paprika as a co-founder and CMO but left the company in 2016.
COO of NutraSign
Rosa López-Monis is a well-known nutrition, food safety and health specialist in southern Spain. She also holds a master's in Nutrition and Dietetics and a master's in Clinical Analysis. She has published health and nutrition books like Green Detox. Since 2007, the molecular biologist and microscopist has been running her own e-commerce site for Health, Wellness and Fitness Más que Dietas. She joined NutraSign as COO in 2018, applying her food safety knowledge to the company's traceability processes and digital applications.
Rosa López-Monis is a well-known nutrition, food safety and health specialist in southern Spain. She also holds a master's in Nutrition and Dietetics and a master's in Clinical Analysis. She has published health and nutrition books like Green Detox. Since 2007, the molecular biologist and microscopist has been running her own e-commerce site for Health, Wellness and Fitness Más que Dietas. She joined NutraSign as COO in 2018, applying her food safety knowledge to the company's traceability processes and digital applications.
Co-Founder of Lemonilo
Michigan University graduate Ronald Wijaya has a bachelor’s and a master’s in Industrial Engineering. Upon graduation, Wijaya worked at Indonesian confectionery and beverage company PT. United Family Food, first as an Operations Manager and then as a Project Manager. He was also a volunteer on a missionary trip to Kolkata, India, to help underprivileged children and youths. Wijaya continues to work in Lemonilo, the health food company that was born from Konsula’s pivot, and is currently co-CEO of the company.
Michigan University graduate Ronald Wijaya has a bachelor’s and a master’s in Industrial Engineering. Upon graduation, Wijaya worked at Indonesian confectionery and beverage company PT. United Family Food, first as an Operations Manager and then as a Project Manager. He was also a volunteer on a missionary trip to Kolkata, India, to help underprivileged children and youths. Wijaya continues to work in Lemonilo, the health food company that was born from Konsula’s pivot, and is currently co-CEO of the company.
Yimutian: China agriculture e-commerce's comeback kid
As the world’s most populous country faces potential food supply shortages, Yimutian, China’s No. 1 agro trading marketplace, is seeing more opportunities
Mycorena: Fungi-based vegan protein challenging traditional plant-based ingredients
Award-winning Swedish biotech startup is scaling production of mycoprotein to become a key player in the emerging market for functional proteins
iCell: Upcycling nutrients from wastewater
Hong Kong-based iCell Sustainable Nutrition makes single-cell proteins with wastewater from food and beverage factories, generating revenue and purifying the water for safe discharge or reuse
Meituan, the “Amazon for local services”
Now worth over US$50 billion, the company has always focused on one end-goal: help consumers eat better, live better
Turning Singapore into an Edible Garden City
Urban agriculture startup Edible Garden City embraces new tech for intensive, space-saving farming while staying true to its community-driven values
String Bio: Asia's first startup to harness methane gas for protein production
Using bacteria to turn the harmful greenhouse gas into a purer form of protein, String Bio is raising Series B funding to scale production
Dao Foods: Grooming and betting on China's rising alternative protein startups
How can businesses involve Chinese consumers in the environmental cause, even if it isn’t a priority for them? For that, the impact investor-incubator Dao Foods has got its philosophy-led strategy figured out
Amid IPO talk, Meicai continues to push for growth in bid to become China's Sysco
Covid-19 helped speed up expansion to the B2C market for Meicai, China’s most valuable agrifood tech unicorn founded by a farmer’s son
Dao Foods unfazed by China tech crackdown, says alternative proteins aligned with state goals
Impact investor Dao Foods expects government support for alternative proteins to come, as it announces second batch of startups, diversifying into fermentation and cell-based proteins
Forward Fooding: Ranking the world's agrifood startups on success and sustainability
The collaborative platform has opened applications for its FoodTech500 global ranking of agrifood startups; counts over 7,000 startups and scaleups mapped so far
Meatable joins Royal DSM to create growth media specific for cell-based meat tech
The R&D between the biotech startup and fellow Dutch nutrition conglomerate could help scale and drive the commercial viability of lab-grown meat
Indonesia's Green Rebel Foods to take its Asian-inspired plant-based meat regional
F&B veteran duo behind the Burgreens spinoff plans Series A fundraising by end-2021 for manufacturing and regional expansion
ID Capital CEO & founder Isabelle Decitre, an early mover investing in Asian agrifood startups
An early backer of Ynsect, one of the best-funded insect protein startups to date, Decitre sees growing interest in agrifood tech startups, but notes they still need to offer exit opportunities
Covid-19: A closer look at how China's businesses and consumer behavior have changed
The lockdown in China has reshaped how people work and live. Some of the changes may be short-term, but others probably have become a part of life
Plant-based meat faces backlash in China despite gaining traction
An innocuous video clip sparked debate on social media over plant-based meat, with suspicion about its nutritional value, cost-effectiveness and even the motives of foreign companies
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