Foodtech no longer flavour of the season in SE Asia as funding hits new low in 2023

Foodtech no longer flavour of the season in SE Asia as funding hits new low in 2023

Photo by Sam Moghadam Khamseh on Unsplash

Private funding for food technology (foodtech) startups in Southeast Asia dropped to an at least four-year low of $21.6 million in 2023 as investors lost their appetite for the sector amid a broader slowdown, reveals a new report.

Edited by: Deepshikha Monga

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