Categories
AgTech Protein

Insectta Receives R&D Funding to Fuel Insect Biomaterials Research

Insectta, founded in 2017, started as an insect farm focused on producing alternative proteins for animal feeds, but pivoted to the extraction of biomaterials from insects. As the first urban insect farm in Singapore rearing the black soldier fly (hermetia illucens), Insectta takes food waste and returns it into the economy as valuable biomaterials. Trendlines […]

Categories
Investments

Growthwell Group raises US$8 m for scale-up of plant-based alternatives

Growthwell, a leading manufacturer of plant-based alternatives for meat and seafood for the South East Asian market, announced that it has raised US$8 million in a funding round led by Temasek, with other investors DSG Consumer Partners, Insignia Ventures, Genesis Ventures, Brandify and Mr Koh Boon Hwee participating. The proceeds from this funding round will […]

Categories
Food and Agribusiness

Singapore announces SGD 30 million investment in agri-food industry

Singapore on Wednesday announced a 30-million Singapore dollar investment in the agri-food industry to speed up the production of commonly consumed food items like eggs, vegetables and fish during the coronavirus crisis. Called the 30×30 Express grant, it aims to strengthen Singapore’s food security, as part of its goal of meeting 30 per cent of […]

Categories
Food and Agribusiness

Grow local: Singapore’s ’30 by 30′ goal to produce 30 per cent of its nutritional needs locally by 2030

With global panic buying, some countries moving towards food protectionism and more nations going into lockdown during the coronavirus pandemic, food security has been thrust into the spotlight. Local production helps mitigate reliance on imports and serves as a buffer during supply disruptions to import sources, which contributes to our food security. According to the […]