Industry

Indonesia’s end-to-end farm management startup Eratani closes oversubscribed $3.8M seed round to grow platform-based ecosystem for farmers

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JAKARTA, Indonesia, December 14, 2022 -- Eratani, an Indonesia-based agritech startup that provides end-to-end farm management solutions for local farmers, announces the close of their oversubscribed $3.8M seed round led by Singapore-based VC firm TNB Aura and with commitments from AgFunder, Trihill Capital, and B.I.G. Ventures. The agricultural sector in Indonesia remains highly fragmented with farmers still managing their own farmland while working with limited access to finances, quality … [Read more...] about Indonesia’s end-to-end farm management startup Eratani closes oversubscribed $3.8M seed round to grow platform-based ecosystem for farmers

Grow Asia launches USD 6.6 million fund to drive responsible investments in Southeast Asia’s food, agriculture, and forestry sector

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Singapore, 12 December 2022:  Grow Asia - a nonprofit established by the World Economic Forum and the ASEAN Secretariat to build partnerships for more inclusive, resilient, and sustainable food systems - has launched a USD 6.6m multi-donor impact fund to drive more responsible investments in Asia’s food and forestry sector. The fund, called GrowRight, will support a blend of partner-matching and training programs for investors and policymakers to support the adoption of sustainable finance … [Read more...] about Grow Asia launches USD 6.6 million fund to drive responsible investments in Southeast Asia’s food, agriculture, and forestry sector

Mintel announces Global Food and Drink Trends for 2023

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SINGAPORE, Dec. 8, 2022 /PRNewswire/ -- Mintel, the experts in what consumers want and why, has today announced four key trends that will shape global food and drink industries in 2023 over the next five years and beyond. Centred around space, climate change, mental performance, and the overwhelmed consumer, this year's trends make recommendations for brands to reassure consumers who continue to be challenged to adapt to a precarious world. Looking ahead, Rebecca Vella, Director of … [Read more...] about Mintel announces Global Food and Drink Trends for 2023