EIT Food
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DATABASE (191)
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ARTICLES (288)
Launched in 2014, Convergence Ventures (formerly Convergence Accel) is a venture fund focused on investing in Indonesia. The fund is led by Donald Wihardja and ex-Rocket Internet man Adrian Li. Li is also the co-founder of Qraved, one of Indonesia's leading food social networking startup.
Launched in 2014, Convergence Ventures (formerly Convergence Accel) is a venture fund focused on investing in Indonesia. The fund is led by Donald Wihardja and ex-Rocket Internet man Adrian Li. Li is also the co-founder of Qraved, one of Indonesia's leading food social networking startup.
Lever VC was founded in 2018 by Nick Cooney, an early investor of Beyond Meat and Memphis Meats. He is also the co-founder of Good Food Institute. Lever has currently invested in 14 startups from the US, Europe, Asia and Latin America.Focused on investments in early-stage alternative protein companies, the firm announced the first close of its Lever VC Fund I in August 2020, with its fourth close at $46m in April 2021. The final close will be completed by June 2021. Investors in the fund include NFL and NBA athletes, British nobility, food businesses, alt-protein companies and family offices as limited partners.In June 2020, Lever launched a $28m joint investment fund and accelerator to invest in Chinese plant-based and cell-cultivated meat and dairy companies. The Lever China Alternative Protein Fund will invest RMB 40m in alt-protein companies in mainland China over the next four years.
Lever VC was founded in 2018 by Nick Cooney, an early investor of Beyond Meat and Memphis Meats. He is also the co-founder of Good Food Institute. Lever has currently invested in 14 startups from the US, Europe, Asia and Latin America.Focused on investments in early-stage alternative protein companies, the firm announced the first close of its Lever VC Fund I in August 2020, with its fourth close at $46m in April 2021. The final close will be completed by June 2021. Investors in the fund include NFL and NBA athletes, British nobility, food businesses, alt-protein companies and family offices as limited partners.In June 2020, Lever launched a $28m joint investment fund and accelerator to invest in Chinese plant-based and cell-cultivated meat and dairy companies. The Lever China Alternative Protein Fund will invest RMB 40m in alt-protein companies in mainland China over the next four years.
UOB Venture Management is a private equity firm backed by the United Overseas Bank (UOB). It invests in growing companies at their expansion stages, with special focus on the Southeast Asia and China markets. Its portfolio is diverse, ranging from food and health companies to petrochemicals and tech businesses like Giosis (which operates e-commerce site Qoo10) and AI-powered marketing service startup Appier.
UOB Venture Management is a private equity firm backed by the United Overseas Bank (UOB). It invests in growing companies at their expansion stages, with special focus on the Southeast Asia and China markets. Its portfolio is diverse, ranging from food and health companies to petrochemicals and tech businesses like Giosis (which operates e-commerce site Qoo10) and AI-powered marketing service startup Appier.
Jonathan Neman is a co-founder and co-CEO of USA healthy-eating restaurant franchise Sweetgreen. As co-CEO, he has managed the salad chain since opening its first outlet in 2007, raising more than $470m in VC funding in the process. Neman is also an investor in various F&B startups, such as frozen food maker EatPops and Indonesian coffee chain Kopi Kenangan.
Jonathan Neman is a co-founder and co-CEO of USA healthy-eating restaurant franchise Sweetgreen. As co-CEO, he has managed the salad chain since opening its first outlet in 2007, raising more than $470m in VC funding in the process. Neman is also an investor in various F&B startups, such as frozen food maker EatPops and Indonesian coffee chain Kopi Kenangan.
With New Hope Group, one of China’s biggest agriculture and food businesses, as its cornerstone investor, HosenCare Brothers had operated as a PE arm within the group for nearly a decade. In 2017, it began to operate under its current name. It currently manages assets worth more than RMB 3bn, and mainly invests in sectors of medtech, healthcare, biotechnology and smart manufacturing.
With New Hope Group, one of China’s biggest agriculture and food businesses, as its cornerstone investor, HosenCare Brothers had operated as a PE arm within the group for nearly a decade. In 2017, it began to operate under its current name. It currently manages assets worth more than RMB 3bn, and mainly invests in sectors of medtech, healthcare, biotechnology and smart manufacturing.
CPO and co-founder of agroSingularity
Biologist Luis Rubio González has a PhD and over 15 years of experience as a researcher and consultant in public and private organizations. He also completed an Advanced Studies Certification at the University of Murcia and has a master's in Food Quality and Safety from the Madrid Institute of Training (IMF Business School). In 2019, he became the co-founder and CPO of agroSingularity, a Murcia-based foodtech producing natural powder ingredients from raw materials sourced from wasted agricultural by-products.
Biologist Luis Rubio González has a PhD and over 15 years of experience as a researcher and consultant in public and private organizations. He also completed an Advanced Studies Certification at the University of Murcia and has a master's in Food Quality and Safety from the Madrid Institute of Training (IMF Business School). In 2019, he became the co-founder and CPO of agroSingularity, a Murcia-based foodtech producing natural powder ingredients from raw materials sourced from wasted agricultural by-products.
For rich Chinese wanting to acquire nice things and good taste, glamorous lifestyle editor Wendy can help with her online magazine, e-store and offline events.
For rich Chinese wanting to acquire nice things and good taste, glamorous lifestyle editor Wendy can help with her online magazine, e-store and offline events.
Samaipata Ventures is an early stage venture capital fund founded by Jose del Barrio, a Spanish entrepreneur who succeeded in the e-commerce food delivery business Nevera Roja. The VC invests in European companies involved in e-commerce and marketplaces, especially in Southern Europe. As entrepreneurs themselves, the partners aim to increase cooperation between SMEs and venture capitalists.
Samaipata Ventures is an early stage venture capital fund founded by Jose del Barrio, a Spanish entrepreneur who succeeded in the e-commerce food delivery business Nevera Roja. The VC invests in European companies involved in e-commerce and marketplaces, especially in Southern Europe. As entrepreneurs themselves, the partners aim to increase cooperation between SMEs and venture capitalists.
Founded in Nairobi in 2017, Chandaria Capital invests in African tech and non-tech startups across market segments. It currently has 13 companies in its portfolio. Recent investments include Kenyan diagnostics medtech startup Ilhara Health’s $3.8m Series A round in 2020 and $735,000 seed funding in 2019. The VC has also joined the seed investment round for Kenyan food and beverage startup Savannah Brand in 2019.
Founded in Nairobi in 2017, Chandaria Capital invests in African tech and non-tech startups across market segments. It currently has 13 companies in its portfolio. Recent investments include Kenyan diagnostics medtech startup Ilhara Health’s $3.8m Series A round in 2020 and $735,000 seed funding in 2019. The VC has also joined the seed investment round for Kenyan food and beverage startup Savannah Brand in 2019.
Enlightened Hospitality Investments (EHI)
Enlightened Hospitality Investments (EHI) is a New York-based growth fund launched by Danny Meyer and his Union Square Hospitality Group (USHG). The fund leverages USHG's network of chefs, IT, marketers, and industry experts.Active since the early ’90s, it currently has $220m under management. To date, EHI has made eight investments bringing technology into the hospitality sector through companies operating in the food and beverage space.
Enlightened Hospitality Investments (EHI) is a New York-based growth fund launched by Danny Meyer and his Union Square Hospitality Group (USHG). The fund leverages USHG's network of chefs, IT, marketers, and industry experts.Active since the early ’90s, it currently has $220m under management. To date, EHI has made eight investments bringing technology into the hospitality sector through companies operating in the food and beverage space.
Co-founder and CEO of BlackGarlic
Michael Saputra is best known for establishing the successful food ordering website Klik-Eat with co-founder Willy Haryanto. They sold the business in June 2015 and went on to develop a meal kit startup BlackGarlic.An electrical engineering graduate from Purdue University in USA, Michael had worked briefly at Bosch, Whirlpool Corporation and Maxim Integrated Products before his master’s program at the University of Texas in Dallas. He made a career switch as a business analyst at Asia Pulp & Paper before co-founding Klik-Eat in June 2011.
Michael Saputra is best known for establishing the successful food ordering website Klik-Eat with co-founder Willy Haryanto. They sold the business in June 2015 and went on to develop a meal kit startup BlackGarlic.An electrical engineering graduate from Purdue University in USA, Michael had worked briefly at Bosch, Whirlpool Corporation and Maxim Integrated Products before his master’s program at the University of Texas in Dallas. He made a career switch as a business analyst at Asia Pulp & Paper before co-founding Klik-Eat in June 2011.
Co-founder of Sampingan
Dimas Pramudya graduated with a bachelor's in Business from Universitas Padjadjaran, Indonesia. Between 2011 and 2013 while still at university, Dimas became the corporate funding head of Keuken, securing corporate sponsorships for the popular Bandung food festival. In 2014, he joined Sony Indonesia, managing the company's portable audio product sales, before moving to Go-Jek in 2017 to head up the company's growth experiments in Go-Tix and Go-Pay. Dimas and former Go-Jek colleague Wisnu Nugrahadi established gig marketplace app Sampingan in 2018.
Dimas Pramudya graduated with a bachelor's in Business from Universitas Padjadjaran, Indonesia. Between 2011 and 2013 while still at university, Dimas became the corporate funding head of Keuken, securing corporate sponsorships for the popular Bandung food festival. In 2014, he joined Sony Indonesia, managing the company's portable audio product sales, before moving to Go-Jek in 2017 to head up the company's growth experiments in Go-Tix and Go-Pay. Dimas and former Go-Jek colleague Wisnu Nugrahadi established gig marketplace app Sampingan in 2018.
Co-founder of Magalarva
Xandega Tahajuansya is a co-founder of property developer PT Magale Sayana Indonesia and STUDIORAMA, an Indonesian art collective. The London School of Public Relations graduate had worked briefly at insurance company Manulife and film studio Kinekuma. Xandega is also a member of the Polka Wars band, together with fellow Magale co-founder Karaeng Adjie. Both are not actively involved with Magalarva, since Magale completed an eco-living residential development and moved on to another project to recycle food waste using larvae.
Xandega Tahajuansya is a co-founder of property developer PT Magale Sayana Indonesia and STUDIORAMA, an Indonesian art collective. The London School of Public Relations graduate had worked briefly at insurance company Manulife and film studio Kinekuma. Xandega is also a member of the Polka Wars band, together with fellow Magale co-founder Karaeng Adjie. Both are not actively involved with Magalarva, since Magale completed an eco-living residential development and moved on to another project to recycle food waste using larvae.
Co-founder and advisor of Goola
Benz Budiman graduated in Business Administration at the University of Southern California and returned to Indonesia in 2014 to work for snack food manufacturer PT Mitrasatrya Perkasa Utama.He left the business development role in 2015 and established adtech Pomona in 2016. He is also the CEO of Pomona that offers cashbacks to customers who buy products promoted by clients. In addition, he became the president director of PT Tennova Cipta in 2016. He became an investor and co-founder of Indonesian beverage drinks startup Goola in 2018.
Benz Budiman graduated in Business Administration at the University of Southern California and returned to Indonesia in 2014 to work for snack food manufacturer PT Mitrasatrya Perkasa Utama.He left the business development role in 2015 and established adtech Pomona in 2016. He is also the CEO of Pomona that offers cashbacks to customers who buy products promoted by clients. In addition, he became the president director of PT Tennova Cipta in 2016. He became an investor and co-founder of Indonesian beverage drinks startup Goola in 2018.
Co-founder and president of Blackfish
Before joining Blackfish as co-founder and president in 2017, Yang was the CFO of online travel site Tuniu, which he helped get listed on NASDAQ in 2014. Prior to that, from 2010–2012, he was CFO of e-commerce platform Dangdang and from 2007–2010 he was CFO of Air Media Group Inc. Yang led both companies' IPOs in the US. He received his bachelor's in Food Science from Fu Jen Catholic University and an MBA from the University of California, Los Angeles.
Before joining Blackfish as co-founder and president in 2017, Yang was the CFO of online travel site Tuniu, which he helped get listed on NASDAQ in 2014. Prior to that, from 2010–2012, he was CFO of e-commerce platform Dangdang and from 2007–2010 he was CFO of Air Media Group Inc. Yang led both companies' IPOs in the US. He received his bachelor's in Food Science from Fu Jen Catholic University and an MBA from the University of California, Los Angeles.
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
Futuralga: Circular economy model to turn seaweed into biodegradable plastic alternative
A Cádiz-based young startup is winning accolades for its eco-friendly bioplastic made from seaweed washed ashore
SwissDeCode: Portable DNA test kits detect food contamination within minutes
DNAFoil, the startup’s rapid and accurate on-site food safety testing kit, can be deployed by non-expert staff after a few hours of training, with no need for lab equipment
HumanITcare: Covid-19 spurs demand for telemedicine across Spain and beyond
The startup’s revenue is expected to exceed €10m by 2024 due to rapid digital transformation of healthcare services and a growing market for AI-powered medtechs
Plant on Demand: Helping small-scale organic farmers to thrive, sustainably
Plant on Demand will soon deploy product PODX’s “prescriptive” analytics to boost organic farmers’ productivity and prices, by optimizing future crop yields to match seasonal sales trends
Plantruption: Transforming Irish seaweed into sustainable alt-protein seafood
Using abundant local seaweed as highly nutritious, eco-friendly alternatives to fish, the Dublin-based startup is gearing up to tap into new markets in Europe and the US
Feedect provides nutritional insect protein to feed the future
Feedect farms insects to produce high-quality protein alternatives for animal and human food
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
European agritech is the new global focus, as startup investments nearly doubled in 2019
Last year, European agritech surpassed China for the first time in investments received, with openings in multiple subsectors from big data to blockchain
Heura by Foods for Tomorrow: Another new kid on the multibillion-dollar alternative protein market
Already selling in nine countries, Heura’s recent entry into the UK, Europe's largest market for meat substitutes, could prove its biggest test to date
HumanITcare: The first real-time symptom tracker for mental illness patients
FollowHealth’s HumanITcare app combines wearables, analytics and AI to monitor and improve outcomes for sufferers of depression, schizophrenia, alcoholism and more
Solatom: Cost-effective flatpack mobile solar energy units for SMEs
Solatom's turnkey solar thermal solutions can cut energy costs by 37%. Its real-time data analytics can also be used to ensure that the industrial processing units are operating at optimal conditions
Verkor: Accelerating low‑carbon battery production in France
French startup Verkor aims to raise up to €1.3bn by the end of next year to finance its first Gigafactory producing sustainable lithium-ion batteries for the European market
HeartGenetics: Using genetic data and AI to improve predictive health outcomes
Amid growing demand for personalized health and wellness solutions, the Portuguese startup is seeking €2m to expand to Germany and the UK
Refurbed: Electronics recycling marketplace gets $54m for EU consolidation, overseas expansion
Consumers can reduce their carbon footprints by shifting toward a circular economy, become carbon-neutral by planting one tree with every purchase from Refurbed
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