Alice Tsang’s Post

Sustainability and agrifood sectors are leading Singapore's startup ecosystem, performing strongly in funding and incorporations. In 2023, sustainability startups saw more funding events, closing 16 deals from 12 in 2022. Sustainability was also the sole vertical to record a year-on-year (YoY) increase in funding events and amounts since 2021, according to SGInnovate. Average Seed round sizes in the sector have grown by nearly 4x between 2022 and 2023

What are your sustainability objectives?

𝗦𝗲𝗮𝗿𝗰𝗵𝗶𝗻𝗴 𝗳𝗼𝗿 𝗱𝗶𝘀𝗿𝘂𝗽𝘁𝗶𝘃𝗲 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝘁𝗼 𝗿𝗲𝘀𝗵𝗮𝗽𝗲 𝘁𝗵𝗲 𝗜𝘁𝗮𝗹𝗶𝗮𝗻 𝗔𝗴𝗿𝗶𝗳𝗼𝗼𝗱 𝗦𝘆𝘀𝘁𝗲𝗺! 📢 FoodSeed, the Italian Foodtech acceleration program of the CDP Venture Capital SGR National Network, is launching its second edition🌱 The program promotes excellence and innovation in the Italian agri-food industry. This initiative is made possible thanks to the support of the promoter and co-investor partners: Fondazione Cariverona and UniCredit, the operator and co-investor Eatable Adventures, the corporate partners Amadori, Cattolica Assicurazioni (Business Unit of Generali Italia), Veronafiere, the scientific partners CGIAR Accelerate for Impact Platform and Università degli Studi di Verona This 6-month acceleration program focuses on building solid Italian startups with global ambitions, capable of competing with startups from more developed agri-food ecosystems. 🎯 In this edition, we're seeking up to ten startups offering cutting-edge sustainable technologies and solutions, ready to revolutionize the entire agri-food supply chain, from farm to fork. ⬇ Are you a startup ready to make a difference? Find out all the details and submit your application by March 29th! https://lnkd.in/dkdKgN6B #FoodSeed #Agrifoodtech #Innovation #Accelerator #Call4startups #startup

Worth reading: The first global FoodTech investment report is now available! DigitalFoodLab, which has long been recognized for its focus on European investments, has expanded its scope to offer a global perspective on the FoodTech ecosystem. The urgency of this broader view became evident, especially post-COVID, leading to the development of this comprehensive report. This report covers FoodTech startup investments from 2014 to the first half of 2024, providing valuable insights into the evolving agrifood innovation landscape. It’s a must-read for anyone interested in the future of FoodTech. Key Learnings from the Report: 1️⃣ A 72% Decline in Funding from 2021 to 2023: In 2023, FoodTech startups raised $15.1B, which represents a 48% decrease from 2022 and a staggering 72% drop from the highs of 2021. However, the first half of 2024 shows promise, with $7.9B raised, indicating a potential rebound. 2️⃣ Dramatic Decrease in Seed Investments in H1 2024: Although total investments have plateaued, there is a noticeable shift in distribution. Late-stage deals have surged, while early-stage and seed investments have hit new lows. This trend could challenge the long-term vitality of the FoodTech ecosystem if it persists. 3️⃣ Shift Towards Upstream and Midstream Technologies: The FoodTech landscape is evolving, with delivery now accounting for less than a quarter of total funding. There’s a growing emphasis on upstream (AgTech) and midstream (Food Science, new brands, alternative proteins) technologies, reflecting significant industry transformation. 4️⃣ The Rise of the European Ecosystem and the Decline of Asia: Asia, once a leader in FoodTech investments, has seen a decline as its focus on delivery slows. Conversely, the European FoodTech ecosystem is gaining strength, solidifying its place on the global stage even in a challenging investment environment. The full report is available for download here: https://lnkd.in/esf3zJiH This report offers crucial insights for anyone looking to understand the future directions of FoodTech. #FoodTech #Investment #Agrifood #Innovation #Startups #DigitalFoodLab #Sustainability #AlternativeProteins #AgTech #FoodScience #GlobalTrends #VentureCapital #Technology #Entrepreneurship #SeedFunding #LateStageInvesting #Ecosystem #FutureOfFood #GroceryDelivery #FoodInnovation #EuropeanStartups #AsianStartups

Venture capital for food tech startups plummets to $9.2B, urging a cautious approach amidst market challenges. Explore sustainable innovation trends with companies like @AirProtein. #FoodTech #VentureCapital #InnovationTrends

𝗦𝗲𝗮𝗿𝗰𝗵𝗶𝗻𝗴 𝗳𝗼𝗿 𝗱𝗶𝘀𝗿𝘂𝗽𝘁𝗶𝘃𝗲 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝘁𝗼 𝗿𝗲𝘀𝗵𝗮𝗽𝗲 𝘁𝗵𝗲 𝗜𝘁𝗮𝗹𝗶𝗮𝗻 𝗔𝗴𝗿𝗶𝗳𝗼𝗼𝗱 𝗦𝘆𝘀𝘁𝗲𝗺! FoodSeed, the Italian Foodtech acceleration program of the CDP Venture Capital SGR National Network, is launching its second edition.  The program promotes excellence and innovation in the Italian agri-food industry. This initiative is made possible thanks to the support of the promoter and co-investor partners: Fondazione Cariverona and UniCredit, the operator and co-investor Eatable Adventures, the corporate partners Amadori, Cattolica Assicurazioni (Business Unit of Generali Italia), Veronafiere, the scientific partners CGIAR Accelerate for Impact Platform and Università degli Studi di Verona This 6-month acceleration program focuses on building solid Italian startups with global ambitions, capable of competing with startups from more developed agri-food ecosystems. In this edition, we're seeking up to ten startups offering cutting-edge sustainable technologies and solutions, ready to revolutionize the entire agri-food supply chain, from farm to fork. Are you a startup ready to make a difference? Find out all the details and submit your application by March 29th! https://lnkd.in/dQhPeMiS #FoodSeed #Agrifoodtech #Innovation #Accelerator #Call4startups #startup

📊 New report on global FoodTech investments by DigitalFoodLab! I am so pleased to share with you our first global FoodTech investments report! We have 4 key learnings: 1️⃣ 72% decline in funding between 2021 and 2023: that's huge and even if we have now reached a low plateau, we are at investments levels comparable to 2016! 2️⃣ Seed investments have decreased dramatically in the first half of 2024. They are only compensated by a handful of megadeals in delivery startups. That would quite bad news for the future of the ecosystem if it were to continue for a long time. 3️⃣ Growing emphasis on upstream and midstream technologies over time: once FoodTech investments were 90%+ delivery. Year over year this figure decreased to reach a bottom low of 21% in 2023. Now, upstream (agriculture) and mid-stream (transformation, alt proteins, new brands) account for a large majority of the funding. 4️⃣ The emergence of the European ecosystem and the relative decline of Asian FoodTech ecosystems: alongside delivery's decline, we observe a decline in funding for Asian startups (at least in relative terms). Also, Europe's FoodTech, which was lagging, is now more and more visible. This are only snippets of the content you can find in this report. You can have a look at it to see where the AgriFoodTech ecosystem stands now and understand where Ag and Food innovation are going. 👉 Link to the full report: https://lnkd.in/dQYT9xY2 #foodtech #agtech #deals #startups #investments

JETRO - Japan External Trade Organization & SVG Ventures | THRIVE Launch “Harvest Horizons” to Accelerate Globalization of Japanese Agri-Food Tech Startups SVG Ventures | THRIVE, the world’s leading agri-food tech investor, and the Japan External Trade Organization (JETRO) have joined forces to launch “Harvest Horizons,” a groundbreaking program designed to accelerate the globalization of Japanese agri-food tech startups. This initiative aims to equip participating companies with the essential tools, insights, and networks needed to thrive on the international stage. “Harvest Horizons” will feature a comprehensive 6-week acceleration period, followed by two intensive immersion weeks in Silicon Valley. During these pivotal weeks, participating startups will engage directly with potential investors, customers, and strategic partners, gaining invaluable exposure to the global market. The program is strategically anchored by the THRIVE Global Impact Summit, a premier event in the agri-food tech industry that attracts delegations from around the world. The Summit, supported by leading industry players such as ICL, BASF, Bayer, Syngenta, and Krone, provides a unique platform for startups to showcase their innovations and connect with key stakeholders. Read more here -> https://lnkd.in/eB2sTwJF

#FoodTech, investments soar in Italy With +53% growth in 2023, #investments in Italian foodtech reached almost €240 mln: investments are directed towards Italian #startups and #scaleups driving innovation in the foodtech sector. 🌱Half of the investments, just over €120 mln, were concentrated in #agritech, up 97.5% compared to 2022. These data send an important signal and presents foodtech as a driving force for #innovation in #Italy. 👉Keep in touch with us! https://bit.ly/3VGMkus Source: TheFoodCons Report #investinitaly #italianexcellence

In the dynamic landscape of #food and #ag, companies grapple with myriad operational challenges. These pressing issues not only impact profitability but also shape the future of #sustainable food systems. And the latest Foodbytes by Rabobank report tackles how #innovation startups have responded to these challenges. Specifically, the report addresses how companies can cut costs or even generate profit in processing waste. Investments in this area have been gaining momentum and last year alone $16.3 million worth of funding went to #foodwaste solutions. Get to know the #startups having success with #upcycling and learn how their innovations lead to savings: https://bit.ly/4bMG9Nh