Food Industry Asia
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Established in 2018, Jensen Group Investment Fund is the generalist investment fund of Danish entrepreneur Steen Ulf Jensen, founder of the Jensen Group, a global manufacturer of machines for the heavy-duty laundry industry based in Belgium. Jensen was also the CEO of Box TV and Digicel Cabel. The fund has so far invested in four startups with Jensen becoming board chairman at the investee companies. In 2020, the fund acquired stakes in the July €1.1m seed round of Danish alt-leather biotech Beyond Leather Materials and in the funding of Danish bike lock startup PentaLock earlier in March.
Established in 2018, Jensen Group Investment Fund is the generalist investment fund of Danish entrepreneur Steen Ulf Jensen, founder of the Jensen Group, a global manufacturer of machines for the heavy-duty laundry industry based in Belgium. Jensen was also the CEO of Box TV and Digicel Cabel. The fund has so far invested in four startups with Jensen becoming board chairman at the investee companies. In 2020, the fund acquired stakes in the July €1.1m seed round of Danish alt-leather biotech Beyond Leather Materials and in the funding of Danish bike lock startup PentaLock earlier in March.
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.
Co-founder of PopBox Asia
Greta Bunawan is a co-founder of smart locker startup PopBox Asia. Prior to establishing the venture, she worked at convention space organizer PT Jakarta International Expo as a marketing venue manager.Greta graduated from Universitas Pelita Harapan with a bachelor’s in Psychology and earned an MBA from IPMI Business School.
Greta Bunawan is a co-founder of smart locker startup PopBox Asia. Prior to establishing the venture, she worked at convention space organizer PT Jakarta International Expo as a marketing venue manager.Greta graduated from Universitas Pelita Harapan with a bachelor’s in Psychology and earned an MBA from IPMI Business School.
Co-founder and CTO of Sennotech
Li Zhinan holds a joint master’s degree in Mobile Health from Peking University and the University of California, Los Angeles. He previously worked on R&D on the Bing search engine for Microsoft Research Asia. Li is currently a Mobile Health Committee member at the Chinese Research Hospital Association. In February 2015, he co-founded Sennotech in Shenzhen and has served as CTO ever since.
Li Zhinan holds a joint master’s degree in Mobile Health from Peking University and the University of California, Los Angeles. He previously worked on R&D on the Bing search engine for Microsoft Research Asia. Li is currently a Mobile Health Committee member at the Chinese Research Hospital Association. In February 2015, he co-founded Sennotech in Shenzhen and has served as CTO ever since.
CCO and Co-founder of Play2Speak
Alberto Gordillo started his career in 1994 as a Spanish creative and art director specializing in animations, illustrations and VR experiences. He has over 23 years of industry experience, specializing in visual narrative, concept art, 3D content and virtual world-building. In 2003, he moved to Guildford in UK to work for Lionhead Studios, the computer games company that created Black & White, The Movies and the Fable series.In 2016, he and Lionhead colleague Fabio Polimeni left the company to co-found Poligor Studios where they spent a year developing VR experiences of famous heritage places, offering users immersive experiences of historical events.In 2017, he returned to Madrid to become the CCO, art director and co-founder of Play2Speak, an AI-powered edtech that produces VR immersive learning materials and programs.
Alberto Gordillo started his career in 1994 as a Spanish creative and art director specializing in animations, illustrations and VR experiences. He has over 23 years of industry experience, specializing in visual narrative, concept art, 3D content and virtual world-building. In 2003, he moved to Guildford in UK to work for Lionhead Studios, the computer games company that created Black & White, The Movies and the Fable series.In 2016, he and Lionhead colleague Fabio Polimeni left the company to co-found Poligor Studios where they spent a year developing VR experiences of famous heritage places, offering users immersive experiences of historical events.In 2017, he returned to Madrid to become the CCO, art director and co-founder of Play2Speak, an AI-powered edtech that produces VR immersive learning materials and programs.
Co-founder of Investree
Amir Amiruddin graduated from Erasmus University in the Netherlands in 1994 and the University of Western Australia in 2011. Amir was formerly the managing director of AAA Securities, a director at Deutsche Bank Singapore and the managing director of Nomura Singapore. He is currently a partner at business and management consultancy Pascal Capital Asia in Singapore. Amir became a co-founder of Investree in October 2015.
Amir Amiruddin graduated from Erasmus University in the Netherlands in 1994 and the University of Western Australia in 2011. Amir was formerly the managing director of AAA Securities, a director at Deutsche Bank Singapore and the managing director of Nomura Singapore. He is currently a partner at business and management consultancy Pascal Capital Asia in Singapore. Amir became a co-founder of Investree in October 2015.
Co-founder and CEO of Chinapex
Founder and CEO of Chinapex. Jimmy Hu graduated from the University of California, Berkeley with a Bachelor of Science in Electrical Engineering & Computer Sciences. Before founding Chinapex, Hu built internal marketing analytics for clients such as Microsoft and was the China and Asia big data and AI market advisor for the Gerson Lehrman Group, among other US financial institutions. In March 2017, Hu was included in the “Forbes China 30 Under 30” list.
Founder and CEO of Chinapex. Jimmy Hu graduated from the University of California, Berkeley with a Bachelor of Science in Electrical Engineering & Computer Sciences. Before founding Chinapex, Hu built internal marketing analytics for clients such as Microsoft and was the China and Asia big data and AI market advisor for the Gerson Lehrman Group, among other US financial institutions. In March 2017, Hu was included in the “Forbes China 30 Under 30” list.
Co-founder and CTO of aiXcoder
Hao graduated from Peking University with a bachelor's degree in Computer Science in 2013 and received his master’s degree in the same subject from Waseda University in 2015. He worked as an intern and software engineer at Microsoft Research Asia from February 2015 to December 2017. Hao co-founded aiXcoder in March 2017 and has been working full time for the startup since January 2018. He currently serves as CTO.
Hao graduated from Peking University with a bachelor's degree in Computer Science in 2013 and received his master’s degree in the same subject from Waseda University in 2015. He worked as an intern and software engineer at Microsoft Research Asia from February 2015 to December 2017. Hao co-founded aiXcoder in March 2017 and has been working full time for the startup since January 2018. He currently serves as CTO.
Based in Amsterdam, BC Begin Capital Limited was established in April 2019 by Alexey Menn as managing partner in Moscow. The VC has invested in five startups. In 2019, it invested in e-grocery food delivery service Samokat that was acquired by Mail.Ru Group.In February 2020, the international firm was lead investor for Finnish fashion marketplace Zadaa, raising €3.5m for its Series A round. Both Begin Capital and Bulgaria’s BrightCap Ventures were lead investors for Woom, raising €2m in May. The two investments are the biggest so far, compared to previous fundraisers for startups like Bulbshare in March 2020.
Based in Amsterdam, BC Begin Capital Limited was established in April 2019 by Alexey Menn as managing partner in Moscow. The VC has invested in five startups. In 2019, it invested in e-grocery food delivery service Samokat that was acquired by Mail.Ru Group.In February 2020, the international firm was lead investor for Finnish fashion marketplace Zadaa, raising €3.5m for its Series A round. Both Begin Capital and Bulgaria’s BrightCap Ventures were lead investors for Woom, raising €2m in May. The two investments are the biggest so far, compared to previous fundraisers for startups like Bulbshare in March 2020.
Diego Ballesteros is one of Spain's most prominent serial entrepreneurs and business angels, backing some of the most successful acquisitions in Spain and Latin America. He made his first disclosed investment in 2016, as an angel investor of Spanish femtech WOOM’s pre-seed and seed funding rounds. He is currently the sole founder of Bewe SaaS for beauty and wellness professionals.Ballesteros started his first enterprise in 1997, an online classified ads platform Ocioteca.com and also MundoSalud that was acquired by Sanitas of Bupa Group. Cabify and co-investments with Seaya Ventures also form part of his investment portfolio. One of his biggest successes is on-demand food delivery platform SinDelantal with operations in Spain and Mexico. In 2013, the Spanish delivery company was acquired by Just Eat that later also bought the Mexican company in 2015.
Diego Ballesteros is one of Spain's most prominent serial entrepreneurs and business angels, backing some of the most successful acquisitions in Spain and Latin America. He made his first disclosed investment in 2016, as an angel investor of Spanish femtech WOOM’s pre-seed and seed funding rounds. He is currently the sole founder of Bewe SaaS for beauty and wellness professionals.Ballesteros started his first enterprise in 1997, an online classified ads platform Ocioteca.com and also MundoSalud that was acquired by Sanitas of Bupa Group. Cabify and co-investments with Seaya Ventures also form part of his investment portfolio. One of his biggest successes is on-demand food delivery platform SinDelantal with operations in Spain and Mexico. In 2013, the Spanish delivery company was acquired by Just Eat that later also bought the Mexican company in 2015.
Established in 2015, Unovis Asset Management is a New York-based investor focussed on the alternative protein sector. It has raised two funds to date, the New Crop Capital Trust and The Alternative Protein Fund. It aims to transform the global food system by investing in solutions that facilitate sustained behavioral change and eliminate the consumption of animal protein products. It partners with entrepreneurs developing innovative plant-based and cultivated replacements to animal products, including meat, seafood, dairy and eggs. It currently has 33 companies in its portfolio and has managed three exits to date including Beyond Meat. Its recent investments include the undisclosed convertible note round of Spanish plant-based meat startup Foods for Tomorrow in May 2020 and in the $28m seed round of US plant-based startup Alpha Foods in February 2020.
Established in 2015, Unovis Asset Management is a New York-based investor focussed on the alternative protein sector. It has raised two funds to date, the New Crop Capital Trust and The Alternative Protein Fund. It aims to transform the global food system by investing in solutions that facilitate sustained behavioral change and eliminate the consumption of animal protein products. It partners with entrepreneurs developing innovative plant-based and cultivated replacements to animal products, including meat, seafood, dairy and eggs. It currently has 33 companies in its portfolio and has managed three exits to date including Beyond Meat. Its recent investments include the undisclosed convertible note round of Spanish plant-based meat startup Foods for Tomorrow in May 2020 and in the $28m seed round of US plant-based startup Alpha Foods in February 2020.
Partnerships Director of Eliport
Patrick Synge has lived in Spain for eight years since he left Britain after studying music at Warwick School. He has worked in sales since graduating from the University of the West of England. He started his sales career at Euro Sports Media and deVere Group. Synge was the head of sales at food-delivery startup Degustabox before joining Eliport as co-founder and director of partnerships. He and co-founder Dmitry Skorinko created Eliport to solve the last-mile delivery problem by using autonomous delivery robots in local neighborhoods. Since March 2019, Synge has also joined Alias Robotics as VP for sales.
Patrick Synge has lived in Spain for eight years since he left Britain after studying music at Warwick School. He has worked in sales since graduating from the University of the West of England. He started his sales career at Euro Sports Media and deVere Group. Synge was the head of sales at food-delivery startup Degustabox before joining Eliport as co-founder and director of partnerships. He and co-founder Dmitry Skorinko created Eliport to solve the last-mile delivery problem by using autonomous delivery robots in local neighborhoods. Since March 2019, Synge has also joined Alias Robotics as VP for sales.
COO and co-founder of Because Animals
Joshua Errett graduated in philosophy in 2004 and completed a postgraduate degree in journalism in 2006. He also completed an MBA in entrepreneurial and small business operations in Indiana University in 2015.In 2004, he co-founded Torontoist.com, a media website that attracted thousands of views per day. He left the startup to join New Brunswick Telegraph Journal as a reporter for one year before becoming digital managing editor for NOW magazine. In 2013, he went on to work for three years as a senior producer at the Canadian Broadcasting Corporation (CBC).He met Shannon Falconer at a cat rescue project in Toronto. The two pet owners co-founded the biotech Because Animals in 2016 to create more sustainable food for dogs and cats. Errett worked as a marketing manager at Equitable (EQ) Bank before working full-time as COO at Because Animals.
Joshua Errett graduated in philosophy in 2004 and completed a postgraduate degree in journalism in 2006. He also completed an MBA in entrepreneurial and small business operations in Indiana University in 2015.In 2004, he co-founded Torontoist.com, a media website that attracted thousands of views per day. He left the startup to join New Brunswick Telegraph Journal as a reporter for one year before becoming digital managing editor for NOW magazine. In 2013, he went on to work for three years as a senior producer at the Canadian Broadcasting Corporation (CBC).He met Shannon Falconer at a cat rescue project in Toronto. The two pet owners co-founded the biotech Because Animals in 2016 to create more sustainable food for dogs and cats. Errett worked as a marketing manager at Equitable (EQ) Bank before working full-time as COO at Because Animals.
Since 2005, Demeter Partners has been one of the major VC and private equity funds supporting technology companies in developing solutions for ecological and energy transitions. The firm typically invests €1m–€30m in early and growth stages of startups. With assets worth over €1bn under management, its portfolio in 2019 was estimated to have cut 4.3m tons of CO2 with 575 GWh of clean energy produced. In 2021, Demeter was named the “Best Sustainable Equity investor” by a panel of former Fortune 500 individuals, global experts and industry leaders to recognize Demeter’s commitment to the UN’s SDG and ESG strategy.
Since 2005, Demeter Partners has been one of the major VC and private equity funds supporting technology companies in developing solutions for ecological and energy transitions. The firm typically invests €1m–€30m in early and growth stages of startups. With assets worth over €1bn under management, its portfolio in 2019 was estimated to have cut 4.3m tons of CO2 with 575 GWh of clean energy produced. In 2021, Demeter was named the “Best Sustainable Equity investor” by a panel of former Fortune 500 individuals, global experts and industry leaders to recognize Demeter’s commitment to the UN’s SDG and ESG strategy.
Future Food Asia 2021: Long road ahead for the clean meat industry
Crucial basic research is still needed to ensure the safety, quality, and production efficiency of lab-grown meat. Concerted public and private sector efforts will accelerate progress
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
Delectatech: "Food data" proves its value in Spain's Covid-hit F&B industry
Delectatech deploys AI, NLP and big data to help restaurants and food suppliers optimize business information, decisions and operations
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
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
Future Food Asia 2021: Agrifood tech at an inflection point
Agrifood tech startups urged to harness consumer, investor and government feedback to create plentiful, nutritious food through sustainable means, but exercise caution when considering IPOs
Future Food Asia 2021: Impact assessments – getting the metrics right
Common impact measures are useful but each situation requires specific, sometimes subjective considerations. The priority is to gauge if the impact has led to positive changes
Future Food Asia 2021: Two winners take home $100,000 each
Agrifood startups, corporations and investors urged to collaborate and take action, tackling challenges in nutrition and climate change
Future Food Asia 2021: Fireside chat with Green Monday's David Yeung
For Chinese startup Green Monday, it’s important to resonate with different local audiences by adapting to local culture and dietary habits and continuously fine-tuning existing products
Future Food Asia 2021: Potential of pulses in the alt-protein space
Asia presents a unique opportunity for pulses as people in the region, who traditionally fractionated pulses for starch, now see protein as a useful byproduct
Future Food Asia by ID Capital: Introducing Asia's agrifood startups to the world
More than a meeting of startups and investors, the conference showcases ID Capital’s investment thesis and Big Ag’s support for agrifood tech in the world’s most populous region
Big Idea Ventures Founder Andrew D Ive: Asia will lead cell-based meat innovation
In a wide-ranging interview, the managing general partner of the US- and Singapore-based foodtech investor also expounds on his goal to extend sustainability to the rest of the food sector, combining good returns with doing good
China a “positive environment” for uptake of cultured meat, researcher tells Future Food Asia
But for interested cultured meat companies, China-based Chloe Dempsey suggests it would be better to wait, observe and learn more about the market before trying to tap its massive potential
Future Food Asia: Covid-19 sparked dramatic shifts in agriculture in China and India
Key Chinese players from e-commerce giant Pinduoduo and and agritech VC Omnivore share their insights at last week’s agrifood conference by ID Capital
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