Apeel gets more cash to fight poverty and food insecurity in emerging markets with its food-preserving tech In the first real test of the potentially transformative power of its food-preserving technology, the Santa Barbara, Calif.-based Apeel Sciences is bringing its innovative food treatment and supply chain management services to distribution centers in select markets in […]

India’s Zomato raises million from Temasek Indian food delivery startup Zomato has raised $62 million from Singapore’s Temasek, resuming a financing round that it originally expected to close in January this year. Singapore’s state investment arm Temasek financed the capital through its unit MacRitchie Investments, a regulatory filing showed. Business intelligence firm Tofler shared the filing with […]

Omio takes 0M to shuttle through the coronavirus crisis Multimodal travel platform Omio (formerly GoEuro) has raised $100M in late stage funding to help see its business through the coronavirus crisis. It also says it’s eyeing potential M&A opportunities within the hard-hit sector. New and existing investors in the Berlin -based startup participated in the […]

Project Ubin, the Singaporean money authority’s blockchain initiative, moves closer to commercialization The Monetary Authority of Singapore (MAS) and state investment firm Temasek announced today that Project Ubin, its blockchain-based multi-currency payments network, has proven its commercial potential after tests with more than 40 companies. The initiative was launched in 2016. A prototype developed by […]

Pipo Saude raises .6 million to bring healthcare benefits management services to Brazil Pipo Saude, a Brazilian provider of healthcare services for businesses and their employees, has raised $4.6 million in a new round of funding to expand its footprint in Brazil. “The company’s platform offers recommendations for the healthcare products that fit the team, […]

Memphis Meats raised 1 million from SoftBank Group, Norwest and Temasek Memphis Meats, a developer of technologies to manufacture meat, seafood and poultry from animal cells, has raised $161 million in financing from investors including Softbank Group, Norwest and Temasek, the investment fund backed by the government of Singapore. The investment brings the company’s total […]

Impossible adds ‘ground pork’ and ‘sausages’ to its lineup of plant-based foods Impossible Foods made huge waves in the food industry when it came up with a way of isolating and using “heme” molecules from plants to mimic the blood found in animal meat (also comprised of heme), bringing a new depth of flavor to […]