GREENS, an integrated food technology startup in transforming Indonesia’s food system, announced that it has secured an undisclosed amount of pre-seed funding led by East Ventures, with participation from other investors.
Food and Beverage (F&B) has appeared as a resilient sector for Indonesia despite the slowdown during the pandemic. While most industries experienced a contraction, the F&B sector still grew by 0.2 percent in revenue growth year-on-year (YoY) in the second quarter of 2020, as Statistics Indonesia (BPS) data shows.
SaladStop! Group, Asia’s first and largest healthy food chain, closes financing round with Temasek, DSG, Vulcan, K3 and East Ventures
SaladStop! Group, the first and largest healthy food chain in Asia, today announced the closing of a SGD12 million series B investment round, featuring some of the most prominent investors in the region. The round, which was oversubscribed, was led by Temasek with participation from new investors Vulcan Capital, K3 Ventures, and East Ventures. Existing investor DSG Consumer Partners also participated in the round.