July 30, 2021
Japfa and agrifoodtech ecosystem catalyst GROW have unveiled the five winners of Japfa Feeds the Future - a global startup challenge aimed at advancing protein production in Asia.
Three winning startups (Beakbook, Rakr, and Sea Warden) have secured fully funded pilot projects with Japfa, while two (Insylo and ZoomAgri) will have the opportunity to refine their solutions in co-development with Japfa. This is part of Japfa’s efforts to champion innovation within the industry and forge a new way of interacting with the agrifoodtech startup ecosystem in Asia. The five winners were selected from 80 candidates from 25 countries. The solutions presented ranged from animal health and biotech, to automation, digital and smart farming, feed technology, food processing, and smart supply chain tech.
Tan Yong Nang, CEO of Japfa, said: “We were so delighted with the quality and the number of applications that we decided to increase the number of winners from one to five. Together with key representatives of Japfa’s business, we chose the winners based on the strategic fit and impact of the solution proposed on Japfa’s business; the quality and expertise of the team; and the technology, its ease of adoption, and its ability to deliver operational outcomes. We are happy with the outcome of Japfa Feeds the Future as we strongly believe that, by helping startups to grow their ideas into viable solutions, we can advance the agrifood industry and feed millions of people in ‘Emerging Asia’ with essential proteins.”
Taking place in the year of Japfa’s 50th anniversary, Japfa Feeds the Future was launched last February in partnership with GROW to identify and support startups that can improve nutrition, food production, and environmental sustainability in Asia through innovative solutions.
All details in the press release you can download here
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