FoodTech startups in Singapore

Top FoodTech startups in Singapore

The southeast Asian countries are most popular for their cuisines and technology sector around the world. Consequently, it will be no surprise that numerous FoodTech startups have come up in Singapore. Despite the small space in the city-state, the FoodTech startup landscape is starting to ripen as an industry. From food and groceries delivery services, wine and wellness subscription services, to cell-based food production companies; Singapore is home to such startups which are striving to bring such innovations to consumers. 

 

Honestbee

"grain.com.sg

Honestbee is an online marketplace that provides groceries and fresh produce through its delivery services. It is a platform that combines food and smart technology. In addition to this, the application provides a convenient checkout mechanism coupled with facilitating cashless transactions through their Bee Pass feature. The company has expanded its operations all across Southeast Asia, namely, HongKong, Taiwan, Japan,Malaysia, Thailand, the Philippines and Indonesia.

Company Overview 

Founded Year: 2015

Founder: Ong Ann

Location: Singapore

Funding: USD 68M

Investors: Brian Koo, FLK Holdings, Formation 8, Formation Group, Gideon Yu, LS Holdings, Owen Van Natta, Pear, Raven Ventures (Australia), Steve Chen

 

RedMart

grain.com.sg team
grain.com.sg team

Redmart is an online supermarket that delivers goods and household items to the doorsteps of buyers. Not to mention, it provides manufacturers and independent sellers from all over the world an opportunity to sell their products directly to the customers, eliminating the retailers. Recently, RedMart was acquired by the Singapore based Lazada group. 

Company Overview 

Founded Year : 2011

Founder : Rajesh Lingappa

Location : Singapore

Funding : USD 54.2M 

 

Fave

fave team
fave team

It is a platform that provides users with a range of benefits in terms of goods and services. Fave aims to link buyers to beauty &  wellness, fitness, dining, travel and other service providers to make wellness and well being more available to its clients with the goal that they can attain all the benefits at discount rates.

Company Overview 

Founded Year : 2015

Founder : Joel Neoh

Location : Singapore

Funding : USD 35.25M 

Investors : 500 Startups (SE Asia), Asia Venture Group, Danny Yeung, Global Founders Capital, Intres Capital Partners, Joel Neoh, Malaysia Venture Capital Management, Pine Labs, Segnel Ventures, Sequoia Capital India, Susquehanna Asia Investments, SXE Ventures, The Malaysian Global Innovation and Creativity Centre, Venturra Capital

 

Shiok Meats

shiok meats
shiok meats

First of its kind in South East Asia, Shiok Meats is a cell-based clean meat company. The company focuses on providing animal-friendly and environment-friendly seafood, with higher nutrients and no cruelty. Moreover, the cellular aquaculture company promises no compromise in taste and texture. 

Company Overview 

Founded Year : 2018

Founder : Sandhya Sriram

Location : Singapore

Funding : USD 7.61M 

Investors : Aera VC, Agronomics, Alpha Impact Investment Management, Beyond Investing, Big Idea Ventures, Boom Capital Ventures, Enterprise Singapore, Henry Soesanto, Impact Venture, ImpactAssets, Innovate 360, Mindshift Capital, Ryan Bethencourt, VegInvest, Y Combinator 

 

Zeemart

zeemart
zeemart

It provides an easy-to-use online platform for procurement of foods and beverages. Furthermore, the company aims to provide its customers with better deals by matching them with the right suppliers. The platform digitises the invoices and helps customers keep track of their business spending. 

Company Overview 

Founded Year : 2017

Founder : Neeraj Sundarajoo

Location : Singapore

Funding : USD 6.76M 

Investors : Kpisoft, Premkumar Pillay, PT Kresna Graha Investama, Sheng Siong Group 

 

Burpple 

Burpple team
Burpple team

A food discovery platform, it was created to connect people with perfect places to enjoy their meals.    The platform acts as a food journal where users can add photo reviews of the restaurant and the food. Additionally, Burpple also provides its users with various deals on restaurants as a part of their membership. 

Company Overview 

Founded Year : 2012

Founder : Dixon ChaCn

Location : Singapore

Funding : USD 6.75M 

Investors : Brad Porteus, NUS Enterprise Incubators, Peak Global Investments, Quest Ventures, Silicon Straits, SPH Ventures, Tembusu Partners, Triumph Capital 

 

 EnerGaia

EnerGaia
EnerGaia

A startup developing a proprietary cell-based process for creating clean and sustainable milk and milk products. The company uses mammary cells to produce milk and cultured products without the involvement of animals, providing customers access to nutritious and disease-free products with animal and environment-friendly techniques. 

Company Overview 

Founded Year : 2019

Founder : Fengru Lin

Location : Singapore

Funding : USD 3.2M 

Investors : Artesian Capital Management, CPT Capital, Green Monday Ventures, K2 Global, KBW Ventures, Lever VC, New Luna Ventures, SMU Institute of Innovation & Entrepreneurship

 

Abillionveg

abillionveg
abillionveg

A global internet platform for sharing opinions and reviewing plant-based and cruelty-free foods and businesses. Abillionveg also provides users with vegan restaurant options, vegan recipes, tips on well being and information about new progression in the food sustainability revolution. 

Company Overview 

Founded Year : 2017

Founder : Vikas Garg

Location : Singapore

Funding : USD 2.51M 

Investors : 1/0 Capital, 500 Startups (SE Asia), Blue Horizon Corporation, John Wood

 

Food runner

foood runner
foood runner

It is the largest food delivery company in Southeast Asia. The company provides a platform where customers and restaurants can be connected through marketing efforts. Food Runner has been acquired by FoodPanda. 

Company Overview 

Founded Year : 2012

Founder : Lance Frey

Location : Singapore

Funding : USD 2.5M 

 

Alchemy FoodTech

alchemy
alchemy

It is a food science and technology company which developed food ingredients to better manage diabetes. Moreover, Alchemy FoodTech has developed Alchemy Fiber that is a blend of plant-based ingredients and slowly digestible carbohydrates which can be added to rice, flour pasta etc. 

Company Overview 

Founded Year : 2015

Founder : Verleen Goh

Location : Singapore

Funding : USD 1.82M 

Investors : Bits x Bites, Future Food Asia, Heritas Capital Management, NUS Enterprise, SPRING Seeds Capital, Startup SG Tech 

 

Grain

Grain, Singapore
Grain, Singapore

 Online platform that uses data and a tech-enabled network to serve food to customers. It provides meals on demand and meal plans. Lastly, the company believes in fair and transparent pricing to allow fair wages to couriers and accessibility to customers. 

 Company Overview 

Founded Year : 2014

Founder : Yi Sung Yong

Location : Singapore

Funding : USD 1.7M 

Investors : 500 Startups (SE Asia), Cento Ventures, ESW Manage, Foodxervices, Ivan Lee, K2 Global, Koh Hwee, Lim Kee, Majuven, Openspace Ventures, Raging Bull (Singapore), Sassoon Investment Corporation, Singha Ventures, Wee Teng Wen  

 

GTW Holdings

GTW Holdings
GTW Holdings

It is an online platform that allows users to find, rate and review restaurants in Singapore. Additionally, users can search for cuisines and make reservations using the website. GTW Holdings was acquired by Singtel. 

 Company Overview 

Founded Year: 2006

Location: Singapore

Funding: USD 1.45M 

 

Hoow Foods

Hoow Foods
Hoow Foods

It is a food processing company that produces dairy products, baked goods and beverages. The company is dedicated to producing healthier versions of delicious foods notably low-calorie ice cream and coffees. By doing so, Hoow foods wants to combat diabetes, hypertension and other related diseases. 

Company Overview 

Founded Year: 2018

Founder: Ow Png

Location: Singapore

Funding: USD 1.23M 

Investors: Innovate 360, Killiney, Lighthouse Combined Investment, Nanyang Realty, NUS Enterprise, Sunbo Angel Partners, Triventures 

 

The French Cellar

TheFrenchCellar
TheFrenchCellar

An online platform that provides the service of subscription-based wine delivery. The users are provided with two wines every month, along with free delivery and wine tasting notes. The French Cellar was acquired by Wala Club in 2019. 

Company Overview 

Founded Year: 2013

Founder: Eric Joubert, Vincent Morello

Location: Singapore

Funding: USD 1M 

 

CaterSpot

caterspot
caterspot

Online food delivery platform that connects companies with catering options and restaurant catering menus in Singapore and Hong Kong. CaterSpot offers users the option to order food, as well as rate and review the restaurant with doorstep delivery. 

Company Overview 

Founded Year: 2016

Founder: Camilo Paredes

Location: Singapore

Funding: USD 0.8M 

Investors: Swiss Founders Fund, Triplestar Capital 

 

Oddle

Oddle
Oddle

Online food delivery system that offers users a curated list of restaurants to choose from. It enables restaurants to process delivery and take out orders made through various channels namely website, Facebook, email and offline. 

Company Overview 

Founded Year: 2014

Founder: Lim Ze Yan

Location: Singapore

Funding: USD 0.73M 

Investors: BANSEA, East Ventures, Gwendolyn Regina Tan, Holly Tan, Quest Ventures, RB Investments (Singapore), SPH Ventures, TNF Ventures, Wavemaker Partners

 

BonAppetour

Bonappetour
Bonappetour

The company provides an online platform that provides users with an authentic experience while travelling. It connects travellers with local hosts for a unique home dining experience round the world. Additionally, BonAppetour helps users discover food tours, cooking classes, bar crawls in various countries. 

Company Overview 

Founded Year: 2012

Founder: Giovanni Casinelli

Location: Singapore

Funding : USD 0.6M 

Investors: Budi Setiadharma, NUS Enterprise Incubators, Prasetia Dwidharma, Wong Toon King 

 

Eunoia (Business/Productivity Software)

Eunoia
Eunoia

Ready to use online platform that aims to reduce operational costs of businesses with the help of technology by centralising orders in Singapore. The company aggregates the orders from various channels into a centralised interface in addition to providing a menu management and order system. 

Company Overview 

Founded Year: 2015 

Founder: Wee Zihuan 

Location: Singapore

Funding : USD 0.58M 

Investors: Golden Equator Capital 

 

Eattreat

Eat Treat
EatTreat

It is an online food platform. Eattreat provides home cooks and professional chefs the opportunity to promote themselves in the food industry. Additionally, it bridges the gap between consumers and providers.

Company Overview 

Founded Year: 2014

Founder: Arjun Sawhney

Location: Singapore

Funding : USD 0.35M 

Investors:  Andrea Aftab, Bandana Tewari, Homi Adajania, Kalyani Saha, Nonita Kalra, Pia Pauro, Shiv Khanna, Sussanne Khan Roshan 

 

WhyQ

WhyQ
WhyQ

Online platform that enables hawkers to deliver food, order raw materials and integrate with the POS system. The platform allows users to connect with local hawkers, view their menus and order food online. This provides office goers and students healthy and affordable meals.

Company Overview 

Founded Year: 2014

Founder: Varun Saraf

Location: Singapore

Funding : USD 0.32M 

Investors: Evan Lim, GUF Holdings, HH Investments VC, Impiro, RB Investments (Singapore) 

 

Porterfetch

porterfetch
porterfetch

Online marketplace and on-demand delivery platform that connects users with local restaurants and menu lists. It provides users with the guarantee to deliver food within the hour and 24/7. The users can track their delivery and get speedy food delivery even late at night. 

Company Overview 

Founded Year: 2017

Location: Singapore

Funding : USD 0.26M 

Investors : Cerana Capital

 

AIFS (Food Products)

AIFS (Food Products)
AIFS (Food Products)

Provider of sustainable and insect-based solutions to the agri-food industry. The company operates an automated and eco-friendly farm. It breeds large quantities of nutritious crickets with hygiene and adhering to international standards. Consequently, this leads to nutritious cricket flour at convenient prices in Singapore. 

Company Overview 

Founded Year: 2017

Founder: Raavee Shanker

Location: Singapore

Funding : USD 0.25M 

Investors: Big Idea Ventures, Climate Launchpad, Innovate 360, SMU Institute of Innovation & Entrepreneurship  

 

 

This research article has been produced by Investocracy, a company focused on connecting startups from emerging markets with Japanese investors. Are you a startup looking for investment? Please reach out to us at contact@investocracy.co 

 

 

 

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