Singapore-based Good Startup raises $ 34 million to invest in alternative protein companies – TechCrunch

Founders of Good Startup Gautam Godwin և Jaish Parekh

Good startThe Singapore-based venture capital company, which focuses on alternative protein, has closed its latest fund. The new $ 34 million fund, called Good Protein Fund I, included the participation of Vinmar International հիմն և President իջ Vijay Goradia; Harris Komishane, former Fidelity Investments Finance և Strategy Officer; SE INSEAD Professor of Entrepreneurship Bala Visa.

Good Startup, founded in 2021, wants to remove animals from the world food system. It also invests in non-food startups, such as companies that make leather alternatives. So far, Good Startup has invested in 21 companies, targeting 35 startups.

Good Startup managing partner Gautam Godhwani told TechCrunch that the company invests mainly in start-ups with an average size of $ 500,000.

Some of the companies in his current portfolio include: Avant Meatwhich produces farmed fish products և operates in Singapore և Hong Kong; in our daysproducer of plant-based “clean labeled” chicken; Mooji Meat:which focuses on 3D printing capabilities to produce plant-based և processed meat. Rebellious foodAnother plant-based chicken startup, which, according to Godhwani, achieves price equivalence with ordinary chicken through a highly automated production process, is focused on the food service sector. և: VitroLabs:Manufacturer of laboratory-grown leather.

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