Singapore Food Agency
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The Standards, Productivity and Innovation Board (SPRING Singapore) used to be a statutory board under the Ministry of Trade and Industry of Singapore. It was also the national standards and conformance body, tasked with developing and promoting internationally-recognized standards and quality assurance infrastructure.In April 2018, SPRING Singapore and International Enterprise Singapore were merged to form a single agency, Enterprise Singapore, a government agency championing enterprise development.
The Standards, Productivity and Innovation Board (SPRING Singapore) used to be a statutory board under the Ministry of Trade and Industry of Singapore. It was also the national standards and conformance body, tasked with developing and promoting internationally-recognized standards and quality assurance infrastructure.In April 2018, SPRING Singapore and International Enterprise Singapore were merged to form a single agency, Enterprise Singapore, a government agency championing enterprise development.
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.
GROW is a Singapore-based food and agriculture technology accelerator for global impact-focused startups. It is financially backed by AgFunder, an agrifood tech venture investment through the AgFunder GROW Impact Fund. Grow is also supported by the Singapore Government and is an accredited mentor partner of Startup SG.
GROW is a Singapore-based food and agriculture technology accelerator for global impact-focused startups. It is financially backed by AgFunder, an agrifood tech venture investment through the AgFunder GROW Impact Fund. Grow is also supported by the Singapore Government and is an accredited mentor partner of Startup SG.
Co-founder and COO of Qiscus
Based in Singapore, Muhammad MD Rahim is the co-founder and COO of the live chat and messaging solutions platform Qiscus since 2013. While studying at the Nanyang Technological University, the business student started a company Aspiring Gems Pte Ltd that lasted for one year until 2007. He graduated in 2010 and worked as a manager for two years at SPRING Singapore, the statutory board for enterprise development now known as Enterprise Singapore. In 2012, he co-founded 1.618 Pte Ltd in Singapore but left the digital agency in 2017.
Based in Singapore, Muhammad MD Rahim is the co-founder and COO of the live chat and messaging solutions platform Qiscus since 2013. While studying at the Nanyang Technological University, the business student started a company Aspiring Gems Pte Ltd that lasted for one year until 2007. He graduated in 2010 and worked as a manager for two years at SPRING Singapore, the statutory board for enterprise development now known as Enterprise Singapore. In 2012, he co-founded 1.618 Pte Ltd in Singapore but left the digital agency in 2017.
Former co-founder of Qiscus
Serial entrepreneur Amin Nordin is the co-founder and ex-CEO of Qiscus. He left Qiscus in 2015 to work as the Chief Growth Engineer at marketing agency PaperToaster. In April 2019, he also started working as the Head of Growth at social influencer platform Vybes based in Singapore.After his national service as an army sergeant in Singapore, Amin went to Nanyang Technological Institute and graduated in 2010 with a bachelor's in Mechanical Engineering. He has worked for various companies including a Malaysian Islamic real estate crowdfunding platform Ethis Crowd and creative digital agency 1.618 Pte Ltd in Singapore.
Serial entrepreneur Amin Nordin is the co-founder and ex-CEO of Qiscus. He left Qiscus in 2015 to work as the Chief Growth Engineer at marketing agency PaperToaster. In April 2019, he also started working as the Head of Growth at social influencer platform Vybes based in Singapore.After his national service as an army sergeant in Singapore, Amin went to Nanyang Technological Institute and graduated in 2010 with a bachelor's in Mechanical Engineering. He has worked for various companies including a Malaysian Islamic real estate crowdfunding platform Ethis Crowd and creative digital agency 1.618 Pte Ltd in Singapore.
Co-Founder and COO of Lemonilo
Harvard graduate Johannes Ardiant earned his bachelor’s degree in Computing from the National University of Singapore. He also pursued a Master’s in Public Policy at Harvard. In 2015 he became the co-founder and COO of healthcare services platform Konsula, which pivoted into health food startup Lemonilo in 2017. Currently, he heads Lemonilo’s product, engineering, data, design and operations.
Harvard graduate Johannes Ardiant earned his bachelor’s degree in Computing from the National University of Singapore. He also pursued a Master’s in Public Policy at Harvard. In 2015 he became the co-founder and COO of healthcare services platform Konsula, which pivoted into health food startup Lemonilo in 2017. Currently, he heads Lemonilo’s product, engineering, data, design and operations.
Founded in 1983, the Brunei Investment Agency (BIA) is a government-owned investment organization that reports to the Ministry of Finance, Government of Brunei. BIA manages the country’s general reserve fund and its external assets, worth an estimated amount of $170bn. Its activities are rarely publicly disclosed.
Founded in 1983, the Brunei Investment Agency (BIA) is a government-owned investment organization that reports to the Ministry of Finance, Government of Brunei. BIA manages the country’s general reserve fund and its external assets, worth an estimated amount of $170bn. Its activities are rarely publicly disclosed.
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.
Co-founder of Goola
Born in 1987 in hometown Solo, Gibran Rakabuming is the eldest child of Indonesian President Joko Widodo. He studied at the Management Development Institute of Singapore before going to the University of Technology Insearch in Sydney, Australia. He graduated in 2010 and became a serial entrepreneur.He is best known in the F&B industry for his catering business Chilli Pari and martabak manis (Indonesian sweet dessert) franchise Markobar. He is also involved with home food delivery business Madhang that he co-founded with his younger brother Kaesang Pangarep. In 2018, he established Goola that seeks to modernize traditional Indonesian drinks.
Born in 1987 in hometown Solo, Gibran Rakabuming is the eldest child of Indonesian President Joko Widodo. He studied at the Management Development Institute of Singapore before going to the University of Technology Insearch in Sydney, Australia. He graduated in 2010 and became a serial entrepreneur.He is best known in the F&B industry for his catering business Chilli Pari and martabak manis (Indonesian sweet dessert) franchise Markobar. He is also involved with home food delivery business Madhang that he co-founded with his younger brother Kaesang Pangarep. In 2018, he established Goola that seeks to modernize traditional Indonesian drinks.
Co-founder and CEO of Qiscus
Delta Purna Widyangga graduated in 2009 with a bachelor's degree in Electrical and Electronic Engineering from Nanyang Technological University (NTU) Singapore. Specializing in computer engineering, he has worked as a software engineer at Accenture Technology Solutions and became a consultant with ecenta AG, a company specializing in SAP product consultancy.In 2011, Delta co-founded digital agency 1.618 in Singapore, exiting the startup in 2017. He also became co-CTO of Qiscus in 2013 to manage the enterprise side of the business, while CTO Evan Purnama focused on product development. In 2015, Delta became the CEO after co-founder Amin Nordin left Qiscus.
Delta Purna Widyangga graduated in 2009 with a bachelor's degree in Electrical and Electronic Engineering from Nanyang Technological University (NTU) Singapore. Specializing in computer engineering, he has worked as a software engineer at Accenture Technology Solutions and became a consultant with ecenta AG, a company specializing in SAP product consultancy.In 2011, Delta co-founded digital agency 1.618 in Singapore, exiting the startup in 2017. He also became co-CTO of Qiscus in 2013 to manage the enterprise side of the business, while CTO Evan Purnama focused on product development. In 2015, Delta became the CEO after co-founder Amin Nordin left Qiscus.
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
HATCH is an aquaculture-tech-focused accelerator program initiated by the aquaculture-focused seed VC investor Alimentos Ventures to help related startups reach commercialization and access further funding. Its inaugural program was held in Bergen, Norway, followed by a second batch in Cork, Ireland. Successful applicants get €50,000 cash and possible subsequent funding, plus free office space for up to 12 months in either of HATCH's offices in Bergen and Singapore. Its international partners include food corporates, state entities and aquaculture groups.
HATCH is an aquaculture-tech-focused accelerator program initiated by the aquaculture-focused seed VC investor Alimentos Ventures to help related startups reach commercialization and access further funding. Its inaugural program was held in Bergen, Norway, followed by a second batch in Cork, Ireland. Successful applicants get €50,000 cash and possible subsequent funding, plus free office space for up to 12 months in either of HATCH's offices in Bergen and Singapore. Its international partners include food corporates, state entities and aquaculture groups.
Founded in 2013 in Singapore, VVNP is a future-food solutions-orientated investor with a special interest in science-based companies that have the ability to scale global solutions, especially within Asia. It invests from seed stage to Series C level. Typical investments range from $300,000 to $3m and the investor has launched two funds to date. The first raised $40m and invested in seven companies globally, while the second was created in 2020, targeting $150m in total investment.The VC’s most recent investments include a €271,000 pre-seed investment round in Dutch poultry animal welfare biotech In Ovo in March 2021, and leading the as-yet-uncompleted 6m Swiss franc (approximately $6.56m) seed round in Swiss biotech SwissDeCode in January 2021 – a company that applies DNA testing to food traceability.
Founded in 2013 in Singapore, VVNP is a future-food solutions-orientated investor with a special interest in science-based companies that have the ability to scale global solutions, especially within Asia. It invests from seed stage to Series C level. Typical investments range from $300,000 to $3m and the investor has launched two funds to date. The first raised $40m and invested in seven companies globally, while the second was created in 2020, targeting $150m in total investment.The VC’s most recent investments include a €271,000 pre-seed investment round in Dutch poultry animal welfare biotech In Ovo in March 2021, and leading the as-yet-uncompleted 6m Swiss franc (approximately $6.56m) seed round in Swiss biotech SwissDeCode in January 2021 – a company that applies DNA testing to food traceability.
Founded in 2013 and based in Silicon Valley, AgFunder invests in agrifood tech startups globally with the mission of “investing in technologies to rapidly transform our food and agriculture system.” The VC firm has already built a global ecosystem of 85,000+ members and subscribers, which helps grow and scale its portfolio companies. It recently established the New Carnivore fund to invest in startups working to create animal-free protein alternatives including plant-based meat and cultured meat. In 2019, AgFunder and the Australian agrifood accelerator Rocket Seeder co-launched GROW Impact Accelerator in Singapore to accelerate seed and Series A agritech startups from Southeast Asia.
Founded in 2013 and based in Silicon Valley, AgFunder invests in agrifood tech startups globally with the mission of “investing in technologies to rapidly transform our food and agriculture system.” The VC firm has already built a global ecosystem of 85,000+ members and subscribers, which helps grow and scale its portfolio companies. It recently established the New Carnivore fund to invest in startups working to create animal-free protein alternatives including plant-based meat and cultured meat. In 2019, AgFunder and the Australian agrifood accelerator Rocket Seeder co-launched GROW Impact Accelerator in Singapore to accelerate seed and Series A agritech startups from Southeast Asia.
How Aptoide gained 150 million users – without paid promotion
With legions of online businesses competing for a slice of the pie, many resort to shelling out cash to get noticed. Aptoide cuts through the noise with a simple concept: create value, keep it open and people will come to you
Get fit and healthy with these Indonesian wellness startups
The wellness lifestyle trend continues to grow in popularity in Indonesia, and startups want a piece of the action
Gorry Holdings: Promoting staff wellness in Indonesia
The healthtech startup wants companies to understand how healthy employees can translate into good business
The Watertree Project: Eliminating single-use plastic water bottles in Malaysia
With high-profile Malaysian corporate clients under its belt, the startup is in no hurry to raise funds, preferring to focus on raising public awareness and winning mindshare
Allozymes wants to supercharge manufacturing with engineered enzymes
The Future Food Asia 2021 award winner speeds up enzyme engineering from years to months, is already attracting clients and has just raised $5m seed funding
Indonesia 2021 outlook: VCs "cautiously optimistic" on Southeast Asia's largest country
Investors expect Indonesian startups to regain their growth opportunities when the economy reopens with the Covid-19 vaccine rollout, even as some online living and working habits have stuck
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
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
MioTech: Early mover in China ESG data and analytics for investing, corporate reporting
Hong Kong-based fintech uses AI technologies to monitor ESG data and risks in real time, turn unstructured data into reliable insights
AgroCenta: Providing market access and credit to African smallholder farmers
AgroCenta’s platforms empower Ghanaian subsistence farmers, especially women, boosting productivity and sales with e-payments, micro-credits and insurance, and direct connections to buyers, cutting out the intermediaries
NovoNutrients: Tackling the dual problems of CO2 emissions and over-fishing
The first to transform CO2 to fish food, NovoNutrients is trialing with industry giants Skretting and Chevron, and will soon raise Series A funding
Psquared: Providing flexible workplaces to help early-stage startups
The Barcelona-based startup converts a variety of buildings to hybrid office spaces for flexible work brought about by Covid-19, includes a reservations system to manage desk and meeting spaces
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
SWITCH Singapore: Investors highlight Vietnam startup ecosystem's potential and resilience
The quality of Vietnam’s local talent remains one of its biggest strengths, but foreign investors also need to be patient and be familiar with the local regulatory landscape
SWITCH Singapore: VCs urge startups to think beyond Covid-19
VCs also discuss prospects of a current tech bubble, and whether new working and hiring practices sparked by the pandemic could end Silicon Valley dominance
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