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Gabriel Budi Sutrisno · · 1 min read

SG-based Alchemy Foodtech bags $3m in extended bridge round

Alchemy Foodtech offers solutions aimed at fighting diabetes by combining foodtech, biotech, and medtech. The company is headquartered in Singapore.

Funding details

  • Funding amount: US$3,000,000
  • Investors: Thai President Foods, Pine Venture Partners, Selera Kapital, Thai Union Venture Fund, Fuchsia Venture Capital, Heritas Capital, SEEDS Capital (investment arm of Enterprise Singapore)
  • Stage: Bridge
  • Source

More details

Alchemy Foodtech

The company was founded in 2015 by Alan Phua and Verleen Goh.

Stage Amount (US$) Investors
Grant $735k SEEDS Capital (investment arm of Enterprise Singapore)
Pre-series A $1.8M SEEDS Capital (investment arm of Enterprise Singapore), Bits x Bites, Heritas Capital, NUS Enterprise
Bridge Undisclosed Thai Union Venture Fund
Bridge $3M Heritas Capital, Pine Venture Partners, Thai President Foods, Selera Kapital, Thai Union Venture Fund, SEEDS Capital (investment arm of Enterprise Singapore), Fuchsia Venture Capital
Total $5.6M

See also: Making sense of Grab’s cloud kitchen shutdown in Indonesia

Editing by Eileen C. Ang

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Gabriel Budi Sutrisno

At the crossroads of tech and art