Thailand’s Betagro has launched a plant-based food product called Meatly! while European digital asset management platform Haruko expands in Southeast Asia after raising $6 million.
Thailand’s Betagro launches plant-based food product
Thai integrated food company Betagro Public Company Limited (BTG) has, through Betagro Ventures, introduced Meatly!, a plant-based food product, to provide consumers with an alternative to high-quality and safer food products in response to health and sustainability trends.
Chayadhorn Taepaisitphongse, chief strategy and innovation Officer of Betagro Public Company Limited (BTG) and Managing Director of Betagro Ventures, revealed that Betagro Ventures is dedicated to driving innovation throughout the Betagro ecosystem. Their focus is on improving consumer access to safe, high-quality food, developing new sustainable sources of protein, and creating sustainable agro-industrial food supply chains.
In April this year, the Thailand-based integrated food company launched its corporate venture capital arm, Betagro Ventures, to spur innovation across its business ecosystem.
Betagro Ventures, which will invest from a $30-million fund, will back early-stage startups and undertake venture building of new businesses in the foodtech and agritech sectors.
The fund will focus on three core strategies that include improving access to safe & high-quality foods; developing new sustainable sources of protein; and creating sustainable agro-industrial-food supply chains.
Haruko secures $6m funding to expand into SE Asia
Haruko, a European digital asset management platform, has announced its expansion into Southeast Asia, starting with an office in Singapore, after raising $6 million in its Series A funding round.
The round, co-anchored by White Star Capital’s Digital Asset Fund and venture investor MMC Ventures, brings the total funds raised by Haruko so far to $16 million, per the announcement.
The company, founded in 2021, provides digital asset technology solutions for institutions that deploy capital across the digital asset ecosystem. It helps institutional fund managers access digital assets in a secure and regulated environment.
Haruko said it already has a client base of over 50 investment management institutions across North America and Europe. The establishment of an office in Singapore is in response to demand from capital deployers seeking to engage with digital assets.
