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.
Taronga Ventures takes RealTechX to Singapore; plans Japan, US growth
The Australian proptech investor to focus on ESG in its acceleration program, including women under-representation and site safety
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
Oper Indonesia: On-demand drivers give car owners a break from endless traffic jams
Oper offers on-demand chauffeurs and car valets for stressed-out drivers and busy vehicle-owners
US non-profit investor New Energy Nexus seeks to kickstart Indonesia’s clean energy sectors
With a “patient capital” approach to investments and a variety of programs, New Energy Nexus hopes to show that startups can lead the way in renewables and smart energy
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
With universal QR code, Indonesia achieves e-payment harmony
The move to standardize Indonesia's QR code is expected to unify the country's cashless payments system and lift tens of thousands of small merchants into the payments mainstream
Halal Local: Companion for the faithful
Indonesian app lets Muslims travel fuss-free, without sacrificing their religious values
No dine-in, no problem: Hangry’s cloud kitchens thrive amid Covid-19
Learning from global F&B franchises has helped Hangry expand rapidly, maintain quality and set expansion goals despite the pandemic
AquaCultured Foods: World's first whole-cut vegan seafood made through microbial fermentation
Armed with its fermentation technology and proprietary strain of fungi, AquaCultured is closing an oversubscribed funding round, raising more than $1.5m to launch its non-GMO seafood alternatives, with plans to expand to more food verticals and overseas
SWITCH Singapore: Embracing a circular economy, the whys and the hows
Its benefits for the environment aside, going circular could also lead to new economic growth, better public health and higher value-add employment, experts say
SWITCH Singapore 2021: Driving renewable energy impact through better business models
Startups need to communicate the business benefits of green solutions to their customers, rather than just pitching the hi-tech
SWITCH Singapore 2021: Benefits and challenges of AI applications in healthcare
Medical experts and healthcare startups agree AI can contribute more to healthcare beyond improving diagnosis and personalized treatment, but hurdles still remain
TheVentures founders launch Singapore VC to drive deals in Southeast Asia
The Korean Viki co-founders return to Singapore as venture builders and investors, offering South Korean partnerships and “CTO-as-a-service” in Southeast Asia
FMCG supply chain solution KlikDaily simplifies life for mom-and-pop stores in Indonesia
KlikDaily, which raised Series A funding this week, is helping small businesses streamline supply of FMCG and reduce prices by eliminating several links in the supply chain
Startup shutdown: Some takeaways from BlackGarlic’s demise
Meal subscription service BlackGarlic shut down in July, blaming the high costs of customer acquisition and retention. Here’s a look at why the Blue Apron copy couldn't satisfy the Indonesian market’s palate
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