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Nov 16, 2021 08:07 PM
TECH

Temasek’s Appetite Grows for Investing in Food Startups

Singapore has long been a pioneer in food technology, in part because it has to import almost all of the food that keeps its population of nearly 6 million fed. Photo: Temasek
Singapore has long been a pioneer in food technology, in part because it has to import almost all of the food that keeps its population of nearly 6 million fed. Photo: Temasek

Temasek Holdings has launched a new investment and advisory vehicle for alternative food startups, in its latest bet that the meat of the future will come not from paddocks, but from vats.

The Singaporean government-owned investor, which manages a portfolio of S$381 billion ($282 billion), this week launched the Asia Sustainable Foods Platform, an entity geared to invest millions into promising agricultural technology firms with a focus on alternative proteins.

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