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Endless West secures $21m funding boost

Endless West secures $21m funding boost 7th April, 2021 by Owen Bellwood Startup Endless West has received US$21 million in funding to increase the distribution and development of its ‘molecular spirits’. Spirits maker Endless West has raised US$21m Founded in 2015 by scientists Alec Lee and Mardonn Chua, Endless West studies the molecular composition of spirits during production to uncover the compounds that affect flavour and aroma. Identified flavour molecules are then extracted from efficient sources in nature, such as plants and fruits, to add bespoke qualities to its bottlings. The company currently produces Glyph, a spirit inspired by whiskey; Gemello, which has been inspired by the flavours found in Moscato d’Asti wine; and Kazoku, a saké-inspired spirit.

Molecular spirit maker Endless West raises $21M

Dive Brief: Endless West, which creates alcoholic beverages by replicating molecular structures, raised $21 million in a Series B round. Investors include Horizons Ventures, Litani Ventures, North East Family Office and SOSV. The funds will be used to accelerate technology development and R&D; increase U.S. distribution for its molecular spirits Glyph, Gemello and Kazoku; and expand its B2B Blank Collective platform. Endless West is one of several companies in the food and beverage space using technology to make a product in a non-traditional way. Endless West says its Glyph, which is a whiskey-inspired spirit, uses 94% less water and 92% less agricultural land than traditional whiskey. It also doesn t need to mature, and production facilities can easily be built close to where consumers are located.

Rich Asians Cautious on Deals in Region Rebounding Fastest

Rich Asians Cautious on Deals in Region Rebounding Fastest Bloomberg 1/29/2021 David Ramli © Bloomberg Kuok Meng Xiong, director of K3 Ventures Pte., poses for a photograph in Singapore, on Monday, March 16, 2020. Kuok s family office K3 Ventures (three for third generation) has quietly backed 38 startups including China s Bytedance Inc. and Singapore s Grab Holdings Inc. Investments are between $1 million to $3 million and have returned 43% to date. (Bloomberg) For Kuok Meng Xiong’s family office, 2020 was a bumper year with investments in technology startups like Bytedance Inc. doing well throughout the pandemic. Despite this good fortune and promises of a vaccine, the grandson of billionaire Robert Kuok remains wary about private deals in the year ahead.

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