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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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)
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
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
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
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)
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
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