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Microalgae meat substitute gives Singapore food tech start-up an advantage over plant-based alternatives

March 05, 2021 Crab cakes made from microalgae protein by Singapore food tech start-up Sophie’s Bionutrients. Sophies Bionutrients Plant-based meat alternatives – from burger patties and sausages to minced pork and even shrimp – are an increasingly common sight on supermarket shelves and dining tables across Asia. Indeed, a recent study projects that the market for meat analogues in Asia-Pacific will grow by 25 per cent over the next five years. Most of these products are derived from mai...
United States Michael Fam Sophie Bionutrients Eugene Wang William Chen Mirte Gosker

Time is ripe for innovation as Covid-19 turns spotlight on sustainability: Business leaders

SINGAPORE - The Covid-19 pandemic saw an extraordinary shift in our lifestyles and travel patterns, as people opted to have food delivered - using huge amounts of plastic in the process - and moved towards using private transport over public. Environmental consequences arising from this shift have brought the issue of sustainability to the fore, and innovators could play a crucial role in providing solutions that will help move the world towards a greener future. This was a point made by panell...
Hendrik Tiesinga Marie Cheong Jessica Cheam John Kim Energy Nexus Temasek Foundation Ecosperity

TurtleTree Labs raises $6.2m for cell-based milk technology

TurtleTree Labs raises $6.2m for cell-based milk technology TurtleTree Labs, the biotech company pioneering the method to produce milk using cell-based technology, has announced the close of an oversubscribed $6.2m Pre-A funding round from new and existing global investors including Green Monday Ventures, Eat Beyond Global, KBW Ventures, and Verso Capital. TurtleTree Labs, with offices in San Francisco and Singapore, will use the funds to accelerate research and prod...
San Francisco United States Fengru Lin Talal Al Saud Turtletree Lab Turtletree Labs

Prince Khaled's KBW Ventures joins $6.2m funding round for US biotech startup

Prince Khaled’s KBW Ventures joins $6.2m funding round for US biotech startup 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP TurtleTree Labs produces milk using cell-based technology December 17, 2020 Prince Khaled’s KBW Ventures has joined other existing investors for a 6.2 million Pre-A funding round for TurtleTree Labs. Other investors participating in the oversubscribed funding round include Gr...
San Francisco United States Fengru Lin Talal Al Saud Turtletree Lab Prince Khaled

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TurtleTree Labs raises US$6.2 million in Pre-A funding round

TurtleTree Labs raises US$6.2 million in Pre-A funding round Investment from Green Monday Ventures, Eat Beyond Global, KBW Ventures, and Verso Capital will allow TurtleTree Labs to expand focus into functional components in milk TurtleTree Labs builds on early successes of winning highly competitive startup competitions in 2020: The Liveability Challenge presented by Temasek Foundation and the Entrepreneurship World Cup Existing TurtleTree Labs investor Prince Khaled bin Alwaleed bin Talal Al S...
San Francisco United States Fengru Lin Hock Chuan Kostenloser Wertpapierhandel Talal Al Saud

Biotech start-up that uses tech to create milk raises $6.2m with Prince Khaled bin Alwaleed's backing

“The vision of TurtleTree Labs is to create a truly sustainable and cruelty-free food system,” said Max Rye, co-founder and chief strategist of TurtleTree Labs. “We are grateful to have the support of leading investors from every corner of the world.” It won the Entrepreneurship World Cup 2020, the world’s biggest start-up pitch competition in Saudi Arabia, and secured a cash prize of $500,000 in October. The EWC received entries from more than 175,000 start-ups from nearly 200 countr...
New York United States Saudi Arabia San Francisco Fengru Lin Maria Torres

KBW Ventures invests in TurtleTree Labs' $6.2 million pre-Series A

KBW Ventures invests in TurtleTree Labs’ $6.2 million pre-Series A Prince Khaled bin Alwaleed bin Talal Al Saud, CEO of KBW Ventures UAE-based KBW Ventures, has participated in the $6.2 million pre-Series A funding round for Singapore-based TurtleTree Labs, a biotechnology company that uses technology to create real milk from animal cells. Other investors participating in this round include Green Monday Ventures, Eat Beyond Global and Verso Capital. TurtleTree Labs is the worlds first milk...
San Francisco United States Fengru Lin Talal Al Saud Maria Torres Turtletree Lab
Source: wamda.com

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