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Aditya Hadi Pratama · · 1 min readSingapore alternative food startup Hoow Foods bags $2.2m
Hoow Foods, a Singapore-based foodtech startup, announced it has raised S$3 million (around US$2.2 million) in its latest round.
More funding details
- Lead investor: Farquhar VC
- Existing investor: Trive Ventures
- Stage: Pre-series A
More company updates
- The company will use the fresh funds to accelerate its commercial and operational capabilities and spin off some of its products to individual subsidiaries and joint ventures.
- To date, Hoow Foods has produced more than 20 healthy food prototypes, including fat and sodium replacements and plant-based food.
- It also has an ongoing partnership with Singapore brand Killiney Kopitiam Group, which is also an investor in the firm. The tie-up has launched more than 10 consumer packaged goods under the Killiney brand and has sold over 1.5 million beverages.
- Hoow Foods last year raised an undisclosed amount of strategic funding in a round led by Singapore family office Nanyang Realty.
For more coverage of the company, head here. You can also click on the link below to view key details about the company as well as its funding history.
Currency converted from SG dollar to US dollar: US$1 = S$1.36.
Editing by Miguel Cordon and Jaclyn Tiu
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