Food-X
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Allianz X is the venture capital arm of Allianz Group. Its investments primarily focus on insurance, healthcare and finance-related tech startups, such as American Well, BIMA (micro-insurance company) and Simplesurance. However, it recently made investments in Indonesian ride-hailing startup Gojek as well as the Drone Racing League, a startup that promotes drone racing as an emerging sport.
Allianz X is the venture capital arm of Allianz Group. Its investments primarily focus on insurance, healthcare and finance-related tech startups, such as American Well, BIMA (micro-insurance company) and Simplesurance. However, it recently made investments in Indonesian ride-hailing startup Gojek as well as the Drone Racing League, a startup that promotes drone racing as an emerging sport.
Launched in 2015 in Brussels, EIT Food was established by the not-for-profit European Institute of Innovation & Technology (EIT) and funded by the European Union as an investor and accelerator. Its aim is to support mainly European startups in foodtech areas ranging from traceability to alternative proteins, with sustainability a key deciding factor in the startups it backs from pre-seed to Series-B level. The organization currently has 55 startups in its portfolio, which raised more than €91m in investments in 2020. Its most recent investments include 700,000 Swiss francs (€637,000) in the seed round in January 2021 of Swiss biotech SwissDeCode, a company that applies DNA testing to food traceability. Another investment was the December 2020 €900,000 seed round of Spanish compostable-packaging tech Food Sourcing Specialists.
Launched in 2015 in Brussels, EIT Food was established by the not-for-profit European Institute of Innovation & Technology (EIT) and funded by the European Union as an investor and accelerator. Its aim is to support mainly European startups in foodtech areas ranging from traceability to alternative proteins, with sustainability a key deciding factor in the startups it backs from pre-seed to Series-B level. The organization currently has 55 startups in its portfolio, which raised more than €91m in investments in 2020. Its most recent investments include 700,000 Swiss francs (€637,000) in the seed round in January 2021 of Swiss biotech SwissDeCode, a company that applies DNA testing to food traceability. Another investment was the December 2020 €900,000 seed round of Spanish compostable-packaging tech Food Sourcing Specialists.
Founded in Berlin in 2016, Atlantic Food Labs’ mission is to support startups with the potential to feed 10bn people by 2050. It has supported 20 companies to date and its most recent investments include in the German healthy last-minute delivery service Gorillas’ $290m Series B round and in the €5.9m seed round of B2B German retail connection service Magaloop in March 2021.
Founded in Berlin in 2016, Atlantic Food Labs’ mission is to support startups with the potential to feed 10bn people by 2050. It has supported 20 companies to date and its most recent investments include in the German healthy last-minute delivery service Gorillas’ $290m Series B round and in the €5.9m seed round of B2B German retail connection service Magaloop in March 2021.
Established in 1995 by Sean O'Sullivan, SOSV is a venture capital firm with six attached accelerator programs. Upon receiving investment from SOSV, portfolio companies join one of the accelerator programs that best suits their products. The accelerators are: Chinaccelerator, focused on the Chinese market; Indie Bio, supporting biotechnology and life sciences companies; Food-X, for food-tech and agriculture-focused companies; dlab, which supports startups exploring blockchain and decentralized tech; HAX, for IoT, robotics and other hardware-focused startups; and MOX, an accelerator specializing in mobile platforms and technologies. SOSV, along with the O'Sullivan Foundation, has also provided support for education initiatives such as Khan Academy and CoderDojo (which teaches coding skills to youth).
Established in 1995 by Sean O'Sullivan, SOSV is a venture capital firm with six attached accelerator programs. Upon receiving investment from SOSV, portfolio companies join one of the accelerator programs that best suits their products. The accelerators are: Chinaccelerator, focused on the Chinese market; Indie Bio, supporting biotechnology and life sciences companies; Food-X, for food-tech and agriculture-focused companies; dlab, which supports startups exploring blockchain and decentralized tech; HAX, for IoT, robotics and other hardware-focused startups; and MOX, an accelerator specializing in mobile platforms and technologies. SOSV, along with the O'Sullivan Foundation, has also provided support for education initiatives such as Khan Academy and CoderDojo (which teaches coding skills to youth).
Advanced sous-vide aseptic packaging (ASAP) technology extending the shelf-life of food to two years without refrigeration, preservatives or chemicals, potentially disrupting cold chain logistics
Advanced sous-vide aseptic packaging (ASAP) technology extending the shelf-life of food to two years without refrigeration, preservatives or chemicals, potentially disrupting cold chain logistics
Affordable, healthy and tasty prepped meal kits that busy office workers can order online, pick up on their way home and cook in five minutes.
Affordable, healthy and tasty prepped meal kits that busy office workers can order online, pick up on their way home and cook in five minutes.
Co-founder and CFO of Pundi X
Serial entrepreneur Huang Pu (Pitt) is based in China and exited his first Groupon inspired startup at the age of 25. In 2010, the Xi An Polytechnic University engineer became the CEO of mobile social and gaming app publisher Dingzai Co Ltd. In December 2016, he co-founded e-payments app Pundi-Pundi. Pitt is based in Shenzhen as CTO and COO of Pundi X, incorporated as Wokoworks Private Limited in China.
Serial entrepreneur Huang Pu (Pitt) is based in China and exited his first Groupon inspired startup at the age of 25. In 2010, the Xi An Polytechnic University engineer became the CEO of mobile social and gaming app publisher Dingzai Co Ltd. In December 2016, he co-founded e-payments app Pundi-Pundi. Pitt is based in Shenzhen as CTO and COO of Pundi X, incorporated as Wokoworks Private Limited in China.
CEO and Founder of Odilo
Rodríguez is the CEO of Odilo, the first digital content-as-a-service (CaaS) edtech platform that he founded in 2011 whilst still working for BT Global Services in Madrid. The native of Cartagena, Murcia, also completed an internship in business development at Spain's Telefonica before spending five and a half years at BT. Rodríguez holds a master's in Science and Telecommunications Engineering from Madrid's Alfonso X El Sabio University.
Rodríguez is the CEO of Odilo, the first digital content-as-a-service (CaaS) edtech platform that he founded in 2011 whilst still working for BT Global Services in Madrid. The native of Cartagena, Murcia, also completed an internship in business development at Spain's Telefonica before spending five and a half years at BT. Rodríguez holds a master's in Science and Telecommunications Engineering from Madrid's Alfonso X El Sabio University.
Salvador García Andrés received his MSc in Telecommunications Engineering from Alfonso X el Sabio University in 2000. He also studied Finance at the London School of Economics in 2002.He has held several senior positions in the FX and trading desks of ABN Amro, Rabobank and Vega Capital. In 2009, he co-founded Ebury, a fintech company that offers a range of financial products to help SMEs expand internationally.García Andrés is an active angel investor in European tech startups.
Salvador García Andrés received his MSc in Telecommunications Engineering from Alfonso X el Sabio University in 2000. He also studied Finance at the London School of Economics in 2002.He has held several senior positions in the FX and trading desks of ABN Amro, Rabobank and Vega Capital. In 2009, he co-founded Ebury, a fintech company that offers a range of financial products to help SMEs expand internationally.García Andrés is an active angel investor in European tech startups.
D Moonshots is an investment fund created by Romanian entrepreneur Sacha Dragic, founder of the Superbets online sports betting group. The Cyprus-based investor was founded in 2019 and typically invests €100,000-500,000. To date, the firm has invested in Romanian medtech Medicai’s €500,000 seed round and UK-based soft-skills VR software Bodyswaps’ £470,000 seed funding.
D Moonshots is an investment fund created by Romanian entrepreneur Sacha Dragic, founder of the Superbets online sports betting group. The Cyprus-based investor was founded in 2019 and typically invests €100,000-500,000. To date, the firm has invested in Romanian medtech Medicai’s €500,000 seed round and UK-based soft-skills VR software Bodyswaps’ £470,000 seed funding.
CTO and Co-founder of Pony.ai
Named by Andrew Ng as one of the world's best hackers, Lou Tiancheng (b. 1986) holds a BS and a PhD in Computer Science from Tsinghua University, where he joined the Institute for Theoretical Computer Science (now Institute for Interdisciplinary Information Sciences) at Tsinghua University) headed by Turing Award winner Professor Andrew Chi-Chih Yao. Lou began his career at Google X (before it became Waymo), where he worked on autonomous driving technology, leaving Google in 2016. More commonly known by his handle ACRush within the programming community, Lou was named best Chinese coder the TopCoder Open, the Olympics for hackers, 10 years in a row. He is also a two-time winner of Google Code Jam, a global programming competition. Before co-founding Pony.ai, Lou was the youngest T10 engineer at Baidu, where he worked on autonomous driving under Chief Architect and fellow Pony.ai co-founder James Peng.
Named by Andrew Ng as one of the world's best hackers, Lou Tiancheng (b. 1986) holds a BS and a PhD in Computer Science from Tsinghua University, where he joined the Institute for Theoretical Computer Science (now Institute for Interdisciplinary Information Sciences) at Tsinghua University) headed by Turing Award winner Professor Andrew Chi-Chih Yao. Lou began his career at Google X (before it became Waymo), where he worked on autonomous driving technology, leaving Google in 2016. More commonly known by his handle ACRush within the programming community, Lou was named best Chinese coder the TopCoder Open, the Olympics for hackers, 10 years in a row. He is also a two-time winner of Google Code Jam, a global programming competition. Before co-founding Pony.ai, Lou was the youngest T10 engineer at Baidu, where he worked on autonomous driving under Chief Architect and fellow Pony.ai co-founder James Peng.
With over 3,000 digital scents, ScentRealm enables consumers to smell odors with a wearable; has opened its scent database and editor to the public.
With over 3,000 digital scents, ScentRealm enables consumers to smell odors with a wearable; has opened its scent database and editor to the public.
Co-founder and CEO of Pundi X
Computer Data Communications graduate from Malaysia Zac Cheah is an Erasmus Mundus scholar with a master’s in Computing from Sweden’s KTH Royal Institute of Technology and a master’s in Security and Mobile Computing from the Norwegian University of Science and Technology.After his master’s graduation in 2008, Zac joined Opera Software AS in Norway and Opera Oupeng in China. He left Opera in 2013 to co-found Cross platform HTML5 games developer Wozlla in China. In 2016, Zac moved to Indonesia and co-founded payments app Pundi-Pundi. He became the CEO of Pundi X in September 2017.
Computer Data Communications graduate from Malaysia Zac Cheah is an Erasmus Mundus scholar with a master’s in Computing from Sweden’s KTH Royal Institute of Technology and a master’s in Security and Mobile Computing from the Norwegian University of Science and Technology.After his master’s graduation in 2008, Zac joined Opera Software AS in Norway and Opera Oupeng in China. He left Opera in 2013 to co-found Cross platform HTML5 games developer Wozlla in China. In 2016, Zac moved to Indonesia and co-founded payments app Pundi-Pundi. He became the CEO of Pundi X in September 2017.
Co-founder, CTO and COO of Pundi X
Describing himself as a cashless believer, Danny Lim Wei Xiang has a master’s in Professional Accounting from Tsinghua University in China. The law graduate is also reading a PhD in Law at his alma mater. Danny has worked as a product manager at Baidu and as a financial analyst for Lenovo, before joining games developer Wozlla as VP of Sales and Marketing in 2014. In October 2016, he joined Wozlla’s co-founder Zac Cheah to establish Pundi-Pundi. He is currently the CFO of Pundi X, a cryptocurrency spin-off of Pundi-Pundi.
Describing himself as a cashless believer, Danny Lim Wei Xiang has a master’s in Professional Accounting from Tsinghua University in China. The law graduate is also reading a PhD in Law at his alma mater. Danny has worked as a product manager at Baidu and as a financial analyst for Lenovo, before joining games developer Wozlla as VP of Sales and Marketing in 2014. In October 2016, he joined Wozlla’s co-founder Zac Cheah to establish Pundi-Pundi. He is currently the CFO of Pundi X, a cryptocurrency spin-off of Pundi-Pundi.
Novameat: 3D printing tech to develop meat substitute products
Italian scientist Giuseppe Scionti has repurposed bioprinting technology used to create an artificial human ear to develop a plant-based "steak"
European agritech is the new global focus, as startup investments nearly doubled in 2019
Last year, European agritech surpassed China for the first time in investments received, with openings in multiple subsectors from big data to blockchain
SWITCH Singapore: Alternative protein sure to take off in Asia, with Singapore as innovation hotbed
In an in-depth discussion, food industry experts say products made with alternative protein in hybrid forms could offer the fastest route to commercialization
Nucaps Nanotechnology: New encapsulation tech for nutritional and pharmaceutical sectors
Nucaps Nanotechnology is growing through a mix of accelerating market penetration and continuous R&D
AgroCenta: Providing market access and credit to African smallholder farmers
AgroCenta’s platforms empower Ghanaian subsistence farmers, especially women, boosting productivity and sales with e-payments, micro-credits and insurance, and direct connections to buyers, cutting out the intermediaries
Indonesian angel investor network ANGIN launches agrifood incubator
Program targets ESG investment and builds on the strong potential of Indonesia’s agriculture sector, which kept growing despite the Covid-19 pandemic
QOA: Gourmet guilt-free chocolate, without the cocoa
Munich-based QOA transforms industrial food waste into vegan chocolate, enabling consumers to avoid the sustainability and ethical issues of cocoa production
Modern China Tea Shop: Cool hangout for yuppies in Chairman Mao's Hunan
The tea house in Changsha, the provincial capital of Hunan, is creating a storm in a teacup, serving tea lattes that go viral across China
Forget Instacart. Now you can get groceries from the vending machine downstairs
A Beijing startup has created a faster way for customers to purchase milk and eggs – just pop downstairs, buy from its smart vending machine and pay by smartphone
Startup shutdown: Some takeaways from BlackGarlic’s demise
Meal subscription service BlackGarlic shut down in July, blaming the high costs of customer acquisition and retention. Here’s a look at why the Blue Apron copy couldn't satisfy the Indonesian market’s palate
Amid Covid-19 gloom, some bright spots in Portugal's tech startup scene
Despite a recession and doubling of the unemployment rate forecast this year, it's not all bad news for the Portuguese tech ecosystem
Animal AgTech Innovation Summit 2021: Experts discuss post-pandemic priorities
The pandemic not only put digital tech in everyone’s hands, it also forced thinking about collecting meaningful data and moving it on-demand to both producers and decision makers
Futuralga: Circular economy model to turn seaweed into biodegradable plastic alternative
A Cádiz-based young startup is winning accolades for its eco-friendly bioplastic made from seaweed washed ashore
eFishery poised to benefit from Indonesia's growing aquaculture sector
eFishery's IoT automatic feeding system is delivering efficiencies and boosting output for small fish farmers, driving strong growth for the aquaculture startup.
Nongguanjia: Housekeeper of Chinese farmers' fortunes
Combining fintech and e-commerce, Nongguanjia started by monetizing land circulation, to help hundreds of millions of Chinese farmers get financing and thrive
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