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News: funding

Pitik bags USD14m funding for product development

Indonesia’s poultry tech startup Pitik has bagged USD 14 million in a series A funding. It plans to use the funds for product development,...

IFC injects USD52m for Mavin to recover from ASF

The International Finance Corporation (IFC) and the IFC Emerging Asia Fund under IFC Asset Management will inject USD 52 million in Mavin Group to...

Licious raises funds to improve customer experience

Indian meat startup Licious has raised USD 150 million in a Series F2 funding round led by Singapore-based Amansa Capital. The online seller will...

Indian online meat platform gains unicorn status

Online Indian meat platform Licious has become the first direct-to-consumer startup to attain ‘unicorn’ status in a new round of funding that raised USD...

Shandi raises USD700k to advance plant-based products

Singapore’s plant-based food startup Shandi has received USD 700,000 as second seed funding from investors that include Tolaram Group, Australia’s SparkLabs Cultiv8, and Indian...

Thailand allocates funds for ASF prevention

Thailand’s cabinet has allocated USD 4.3 million to prevent ASF and other diseases in pigs and wild boar. Thongplew Kongchan, Permanent Secretary for the Ministry...

Thai Union, BRF invest in cultivated meat firm Aleph Farms

Thai Union Group (TU), Brazilian meat giant BRF, South Korea's CJ CheilJedang and others have participated in Aleph Farms' USD 105 million Series B...

Credit program to help rebuild Philippine hog industry

The special credit program rolled out by the Development Bank of the Philippines (DBP) is expected to help Philippine hog farmers rebuild the industry...

TaniHub raises USD69.5m in series B funding

Indonesia’s agritech and e-commerce startup TaniHub Group has raised USD 69.5 million in a series B funding round to expand its supply chain beyond...

Hangry raises USD 13 million for expansion

Indonesia's Hangry has successfully amassed USD 13 million in its series A funding round led by Alpha JWC Ventures, with participation from Atlas Pacific...

GreenFeed Vietnam expands investments in pig sector

GreenFeed Vietnam Corporation will receive a loan of USD 180 million from the International Finance Corporation (IFC) for the expansion of pig farming and...

Eat Just raises USD 200 million in new funding round

Plant-based egg substitute producer Eat Just Inc has raised USD 200 million in a new funding round to boost capacity and expand into new...

Bel Ga Myanmar receives USD7m funding for expansion

Poultry breeding company Bel Ga Myanmar will receive a USD 4 million loan from the International Finance Corporation (IFC) and USD 3 million from...

USD98m boost for Indonesia’s livestock sector

Indonesia’s Ministry of Agriculture will allocate USD 98 million for the development of the livestock sector. The focus is on increasing livestock production, animal feed,...

China’s Hero Protein completes USD 850k pre-seed

A local plant-based meat company in China, Hero Protein has received a USD 850, 000 in pre-seed funding recently. The company will be using...

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