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57 Stars Invests in WayCool, India’s Leading Food and Agri-Tech Platform

57 Stars LLC, an independent global alternative investment firm targeting high-growth sectors driven by technological innovation, is pleased to announce it has led a USD 40 million investment in WayCool Foods & Products Private Limited, India’s leading food and agri-tech…

SIT, Enterprise SG and JTC Jointly Launch FoodPlant to Advance Food Innovation in Local Industry through Small-Batch Production and R&D

The Singapore Institute of Technology (SIT), Enterprise Singapore (Enterprise SG) and JTC jointly launched FoodPlant, Singapore’s first shared facility for small-batch food production that is licensed by the Singapore Food Agency (SFA). Located in JTC Food Hub @Senoko, the facility’s…

The Food Bank Singapore Launches First NFT Auction

The Food Bank Singapore (FBSG) today launches its first auction of honorary art non-fungible tokens (NFTs) to raise funds to support 10,000 beneficiaries in Singapore with food and essential items for one year. The NFTs feature FBSG’s mascot KooriMo and…

E-Commerce and Online Tradeshows Bring Transformative Growth for the Food and Beverage Industry

“2020 really hit us hard when we had to shut down our coffee shops. We lost about 60% of our revenue” Hannah Ulbrich, the owner of Copper Door in Denver said, “We’ve slowly been able to rebuild that, but eCommerce…

Natural Abundance Launching World’s First NFT Based Physical Packaging

Natural Abundance, a New Zealand plant-based food tech startup, launches its first non-fungible token (NFT) based physical packaging, a one-of-a-kind set of 200 collectible packets printed and distributed exclusively across Countdown stores in New Zealand. Holders of these physical packets…

COVID-19 Has Accelerated Digitalisation in the F&B Industry: How will This Help Overcome the Challenges Faced?

When Malaysia first took notice of the COVID-19 pandemic, not many businesses in the country were prepared to strap themselves for unprecedented times. The first nationwide lockdown declared in March 2020 subsequently became the first step to a challenging journey…

FGV Poised to Take Local Fragrant Rice Market to New Heights

FGV Holdings Berhad (FGV), Malaysia’s food and agribusiness company, is poised to invigorate the country’s local fragrant rice market through its subsidiary, FGV Integrated Farming Holdings Sdn Bhd (FGVIF). This is evident through the successful implementation of FGVIF’s Fortified Field™…

Danone and Brightseed Expand Partnership To Discover Health Benefits in Plants Using Artificial Intelligence

Leading global food & beverage company Danone and biosciences company Brightseed, creator of Forager® artificial intelligence (A.I.) that maps and predicts the health impact of plant-based compounds, today announced a partnership to advance Danone’s plant-based expertise. Through a multi- year…