A report by Future Market Insights has predicted strong growth for the lupin protein market through 2030. The growth will be largely driven by increasing demand for plant-based foods and beverages.
New APAC Alt Protein Fund Launches to Fund “Asia’s Future Food-Tech Unicorns”
A newly launched VC firm serving APAC called Better Bite Ventures sets out with a $15 million fund and an initial portfolio of ten startups encompassing plant-based and cell-based alternatives from the region. Better Bites claims to be the first of its kind covering alt protein in Asia Pacific and aims to work with pre-seed and seed-stage companies. Co-founders Michal Klar and Simon Newstead say they are “keen to help power a new wave of APAC startups”. Says Klar: “We’re here to invest in bold founders building Asia’s future food-tech unicorns. Now is the time for Asia – we believe home-grown companies with local insights will take a leading role in this rapidly growing market.” “Having been founders ourselves, we know how helpful having truly …
