# Next Gen Foods Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/next-gen-foods-pte

- Industry: Food
- Headquarters: Singapore, Singapore
- Website: www.nextgenfoods.sg
- Total disclosed funding: $130M
- Latest round: Series A (Feb 15, 2022)
- Investors on record: 12

## About

Founded in 2020 and based in Singapore, Next Gen Foods Pte. Ltd. operates as a food technology company that offer plan-based meat products. The company founded by Timo Recker and in October 2020, the company received its first funding for USD 2.2 million. In February 2021, Next Gen Foods Pte. Ltd. raised USD 10 million from Temasek Holdings, NX Food, K3 Ventures, FEBE Ventures, and Blue Horizon Ventures.

The company offers plant-based food such as buttermilk-fried burgers, shawarmas, and satays intended for diet and lure non-vegetarian consumers. The company's product promotes a lifestyle and environmental health diet.

The company's revenue is generated from developing and manufacturing plant-based food.

Next Gen Foods Pte. Ltd. plans to leverage technology and to develop its product into a close to chicken meat and dairy products.

## Funding rounds

- Series A, Feb 15, 2022, $100M — Temasek Holdings, Granite Asia, SG Growth Capital, Alpha JWC Ventures, Bits x Bites, MPL Ventures, K3 Ventures
- Seed, Jul 13, 2021, $20M — Temasek Holdings, Granite Asia, Bits x Bites, Yeo Hiap Seng Ltd., K3 Ventures
- Seed, Jan 29, 2021, $10M — Temasek Holdings, Blue Horizon, EDB New Ventures, FEBE Ventures, NX-Food

## Investors

- Temasek Holdings — Seed, Series A
- Blue Horizon (https://capitalatlas.ai/funds/blue-horizon) — Seed
- EDB New Ventures — Seed
- FEBE Ventures (https://capitalatlas.ai/funds/febe-ventures) — Seed
- NX-Food (https://capitalatlas.ai/funds/nx-food) — Seed
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Seed, Series A
- Bits x Bites (https://capitalatlas.ai/funds/bits-x-bites) — Seed, Series A
- Yeo Hiap Seng Ltd. — Seed
- K3 Ventures (https://capitalatlas.ai/funds/k3-ventures) — Seed, Series A
- SG Growth Capital (https://capitalatlas.ai/funds/sg-growth-capital) — Series A
- Alpha JWC Ventures (https://capitalatlas.ai/funds/alpha-jwc-ventures) — Series A
- MPL Ventures — Series A