Future Food Asia Award (FFAA), a pan-Asia Pacific competition aimed to recognise leading agri-tech and foodtech startups that are creating solutions to address the growing challenges in the food industry, today announced the 10 startup finalists, who will showcase their solutions and technologies for a chance to win US$100,000 in an event to be held in Singapore on May 23.
Up to four winners of the contest will also be awarded S$50,000 (US$37,000) Startup SG grant by Enterprise Singapore.
“Future Food Asia was formed from the belief that Asia-Pacific has a major role to play in this nascent but most relevant innovation vertical, and that it delivers solid investment opportunities to award-thinking investor,” said Isabelle Decitre, Founder and CEO of ID Capital, the lead organizer of Future Food Asia Award.
“The diversity of the finalists and their technology solutions once again showcases the vitality of the region as well as its capacity to tackle not only region-specific challenges but global ones too,” she added.
A sneak-peak at the 10 finalists:
Amai Proteins (Israel)
Amai Proteins is producing sweet proteins as sugar substitutes. The proprietary novel ingredients are healthy (zero calories, zero glycemic index), tasty, cheaper than sugar (in sweetness units), scalable, sustainable, and environmentally friendly. Amai is taking sweet proteins found along the equatorial belt and applies Computational Protein Design and Biotechnology to adapt the proteins to the mass food market.
BioPrime AgriSolutions (India)
BioPrime is redefining agriculture and transforming lives through its alternative bio-organic, sustainable solutions for crop improvement, nutrition and protection, despite the growing impact of climate change and crop losses. Its patented technology platforms SNIPRTM and Bio-nexus are the interface between chemical and biological crop protection and nutrition, precision technology and plant biology.
BioWorks Corporation (Japan)
Bioworks Corporation has developed a natural ingredient-based bioplastic additive to produce strengthened polyactic acid (PLA) for significantly enhanced mechanical and thermal properties, as well as industrial processability. Completely derived from plant biomass, Bioworks additive gives this new PLA a much wider applicability, while remaining 100per cent biodegradable. It thus has the potential to accelerate societies’ transition into a greener future.
BLH Aqua Technology (Korea)
BLH Aqua Technology’s proprietary technology, Aqutonix, increases water absorption, and thus the photosynthetic efficiency of plants, reducing water and fertiliser usage while increasing yields. For farmers, this means a decrease in operating costs and an increase in profits. For the world, it is a clean and sustainable solution to food and water scarcity.
FIBSOL Life Technologies (India)
The expansion of organic farming is handicapped by the lack of stable and consistent agricultural inputs, in particular biofertilisers. FIB-SOL has developed a patented nanofiber platform technology to provide light-weight, consistent and stable biofertilisers. The technology enables delivery of a high payload of active ingredients in a stable form, thereby reducing the bulkiness and increasing the efficiency of biofertilizers. Along with logistics savings, it helps improve the yield and environmental footprint of farming.
Green Acres (Taiwan)
Green Acres aims at eliminating the usage of antibiotics in the animal farming system. Combining traditional Chinese medicine and a more international scientific approach, it is designing unique blends of herbs and other active ingredients to improve the immunity and promote growth of livestock. Its holistic approach to animal health has already had proven results on poultry.
OneCrop’s solution radically increases crop yields through a degradable mulch film. It provides a technologically advanced yet cost-effective film that stores soil moisture, increases soil temperature and drives vigorous early germination and plant growth, allowing commercial farmers around the world to significantly boost their productivity with no impact on the environment
PureSpace’s solution applies to fresh produce all along the cold chain and increases their shelf life, thus reducing post-harvest losses. It has developed a proprietary nano-catalyst technology to completely decompose ethylene gas and airborne bacteria effectively and safely. Thanks to their handy portable device, the solution can be deployed at multiple points of the supply chain.
Terragen Biotech (Australia)
Terragen Biotech is an agri-biotech company that develops biological products aimed at promoting plant and animal health. Terragen uses microorganisms as the basis of products that are designed to enhance yield and productivity, while reducing production costs, and the use of chemicals and antibiotics.
XRE Corporation revolutionises the way canned beverages are consumed. Completely compatible with existing can manufacturing processes, its patented “stay-on-tab” can lid makes beverages easily re-closable. Reducing beverage waste, it has the potential to become the new standard of the beverage industry.