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Plant-based food startup Next Gen lands $10M seed round from investors including Temasek Singapore is quickly turning into a hub for food-tech startups, partly because of government initiatives supporting the development of meat alternatives. One of the newest entrants is Next Gen, which will launch its plant-based “chicken” brand, called TiNDLE, in Singaporean restaurants next month. The company announced today that it has raised $10 million in seed funding from investors including Temasek, K3 Ventures, EDB New Ventures (an investment arm of the Singapore Economic Development Board), NX-Food, FEBE Ventures and Blue Horizon. Next Gen claims this is the largest seed round ever raised by a plant-based food tech company, based on data from PitchBook. This is the first time the startup has taken external investment, and the funding exceeded its original target of $7 million. Next Gen was launched last October by Timo Recker and Andre Menezes, with $2.2 million of founder capital.

United statesAndre menezesTimo reckerSingapore economic development boardPrive groupSingapore health promotion boardNext genGerman based likemeatCountry foodsHealthier choice symbolHealth promotionThree buns quaysideEkong streetBayswater kitchenஒன்றுபட்டது மாநிலங்களில்ஆண்ட்ரே மெனிசஸ்