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Shares This week, Starbucks added vegan beef to its menu at more than 57 stores across Indonesia, primarily in Jakarta and Bali. The vegan beefless chunks are made by local plant-based startup Green Butcher which is operated by the founder of Indonesia’s largest plant-based chain Burgreens and is featured in three vegetarian items: Wellington Pocket, Sloppy Joe, and Focaccia Bread. None of the items can be ordered vegan as they all contain either dairy-based cheese or eggs. The Starbucks launch represents the restaurant debut of Green Butcher’s vegan products, which are made from non-GMO soy, chickpeas, mushrooms, and seitan. ....
Featured: ImpactAlpha Original Alt-credit and mobile-money apps give African fintechs a closeup view of climate risks – and opportunities. Financial technology firms have leveraged billions of data points across mobile phones and social media to transform loan underwriting for the emerging consumer class. In turn, data from those users is providing fintech service providers real-time insight into something else: the accelerating climate impacts on farmers and rural communities and the urban poor. In Africa, demand for climate data is growing across supply chains to underwrite micro-insurance for farmers and logistics operators, hedge supply-chain risk, and also create a variety of derivatives and other sophisticated products. “Fintech can supercharge the reach and affordability of solutions that have the potential to reduce the exposure of climate vulnerable populations and help them with preparedness,” says ....
Indonesian startup Green Butcher closes seed round led by Teja Ventures, Unovis Green Butcher Meat founders Helga Angelina and Max Mandias. Premium Indonesian plant-based meat startup Green Butcher is said to have secured up to $2 million in a seed funding round led by Singapore-based venture capital firm Teja Ventures and global alternative protein investor Unovis Asset Management, DealStreetAsia has learnt. The round was joined by the impact-oriented SavEarth Fund of James and Suzie Cameron, Phi Trust, C4D, and individual investors, Green Butcher co-founder and CEO Helga Angelina confirmed to DealStreetAsia. Financial details of the round remain undisclosed. Green Butcher is founded by Max Mandias and Helga Angelina, who also founded Burgreens, a plant-based eatery chain in Indonesia. ....