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Next Gen Foods to launch its plant-based chicken in the U.S. after raising a $20M seed extension from investors like GGV – TechCrunch

Next Gen Foods to launch its plant-based chicken in the U.S. after raising a $20M seed extension from investors like GGV – TechCrunch
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United-states , Hong-kong , Singapore , Macau , Andre-menezes , Timo-recker , Rohit-bhattacharya , Genti , Dele-alli , Jenny-lee , Chris-yeh , Yeo-hiap-seng

Alt protein maker Next Gen raises $20m from Temasek, GGV Capital, others

Alt protein maker Next Gen raises $20m from Temasek, GGV Capital, others
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Germany , China , Netherlands , Hong-kong , Macau , Singapore , Brazil , Chinese , German , Dutch , Chris-yeh , Andre-menezes

Next Gen Foods Announces $20 Million Extended Seed Round as it Brings 'TiNDLE' Plant-Based Chicken to the U.S.

Next Gen Foods Announces $20 Million Extended Seed Round as it Brings 'TiNDLE' Plant-Based Chicken to the U.S.
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China , United-states , Hong-kong , Singapore , Macau , Chinese , Andre-menezes , Timo-recker , John-seegers , Dele-alli , Jean-madden , Jenny-lee

Lack Of Locally Produced Food Propels Singapore Into Global Race To Attract Meat Alternative Companies

Lack Of Locally Produced Food Propels Singapore Into Global Race To Attract Meat Alternative Companies
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Plant-based chicken brand Tindle to debut in S'pore at 11 restaurant brands


Prive's Tindle katsu curry. - TINDLE
SINGAPORE (The Straits Times/ANN): Shortly after making headlines for raising US$10 million (S$13.4 million) in a recent financing round, Singapore-based food tech company Next Gen Foods will launch its plant-based chicken brand Tindle on March 18 across 11 restaurant brands.
Its first product - an alternative to chicken thigh called Tindle Thy - is made with nine ingredients such as water, soy, coconut fat and the company's trademarked "magic ingredient" Lipi, a blend of "plant-based fats and flavour" and sunflower oil.
It is antibiotic- and hormone-free, and has been certified by the Health Promotion Board as a Healthier Choice option, containing less saturated fat and sodium than other plant-based alternatives.

Germany , California , United-states , Japan , Russia , Singapore , Japanese , German , Jean-madden , Hong-kong-omnimeat , Tindle-burger , Andre-menezes

S'pore start-up raises US$10mil, gears up for plant-based chicken brand


Among its investors are Temasek, the Economic Development Board’s New Ventures arm, Singapore-based tech venture capital firm K3 Ventures and Zurich-headquartered food tech venture fund Blue Horizon, Next Gen said in a statement yesterday.
SINGAPORE: Local food tech start-up Next Gen has raised US$10mil (S$13.2mil) in its recent financing round, as it gears up to launch its alternative chicken product.
Among its investors are Temasek, the Economic Development Board’s New Ventures arm, Singapore-based tech venture capital firm K3 Ventures and Zurich-headquartered food tech venture fund Blue Horizon, Next Gen said in a statement yesterday.
This follows its earlier founder capitalisation of US$2.2mil which it launched last October.

China , United-states , Singapore , Chinese , Andre-menezes , Timo-recker , Economic-development-board-new-ventures , Temasek , Next-gen , Economic-development-board , New-ventures , Blue-horizon

Plant-based food startup Next Gen lands $10M seed round from investors including Temasek – TechCrunch


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.

China , United-states , Singapore , Brazil , Singaporean , Andre-menezes , Timo-recker , Singapore-economic-development-board , Temasek , Prive-group , Singapore-health-promotion-board , Next-gen

Singapore start-up raises US$10m as it gears up to launch plant-based chicken product


Founders of foodtech start-up Next Gen, Mr Timo Recker (left) and Andre Menezes at Three Buns Quayside.- ST
SINGAPORE (The Straits Times/ANN): Local food tech start-up Next Gen has raised US$10 million (S$13.2 million) in its recent financing round, as it gears up to launch its alternative chicken product.
Among its investors are Temasek, the Economic Development Board's (EDB) New Ventures arm, Singapore-based tech venture capital firm K3 Ventures and Zurich-headquartered food tech venture fund Blue Horizon, Next Gen said in a statement on Thursday (Feb 25).
This follows its earlier founder capitalisation of US$2.2 million which it launched last October.

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