Simple Login
Our simple login does not require you to sign up or to use any password. We’ll send you a code which you can use to sign in safely.
Company Developing Seafood Made From Chickpea Protein Just Raised $8 Million
Vegan food producer Growthwell Group from Singapore announced yesterday it had raised $8 million.
The investment was led by Temasek with participation from DSG Consumer Partners, Insignia Ventures, Genesis Ventures, among others.
The funding will be used to open a plant-based protein research and development centre and as investment capital in CHiCK.P an Israeli startup that produces proteins from chickpeas.
CHiCK.P's protein is the world’s first chickpea protein isolate that’s neutral in taste and can be used in production of different vegan and dairy-free alternatives.
The Growthwell Group was founded in 1989 and today owns several alternative protein companies operating on Asian market, including plant-based meat producer OKK, vegan mutton company Su Xian Zi, and ready to eat meals maker gomama.
Growthwell develops plant-based seafood substitutes such as vegan shrimps, crab patties, and squid using chickpea proteins.
Next year, the company will start using chickpea proteins to develop dairy-free alternatives to milk and ice cream.
“As a leading manufacturer, we aim to capitalize on the growing global demand for plant-based alternatives in the areas of meat and seafood. The recent COVID-19 pandemic has revealed the vulnerabilities of our food supply chains” Growthwell Executive Director Justin Chou said.
“Our decision to build a manufacturing facility in Singapore is a timely solution to tackle the food security issue. Ultimately, Growthwell strives to be the local and regional champion in supporting the drive to achieve long-term food supply stability.”
Article by Vegan Kind
The “chicken-iest” vegan chicken ever lands on the supermarket shelves this week...
Mummy vegan sausages for the little ones! These spooky little hot dogs are simpl...
You don't need much time for these. In 10 minutes, you can transform 3 ingredien...
Crispy delicious roasted potatoes to pair with your favourite plant-based meat! ...
Boooo! Try these spooky vegan chocolate banana ghosts! Made with white vegan cho...
Article by Vegan Kind
The vegan campaign flag flies on the International Space Station and orbited Ear...
Article by Vegan Kind
What restaurants are launching new menu items this Veganuary?
Article by Vegan Kind
One of the most popular cheese brands, The Laughing Cow has added a new plant-ba...
Article by Vegan Kind
More people in the UK are following a meat-free diet in 2024, choosing to eat on...
Article by Vegan Kind
Juicy Marbles, a pioneer of 100% plant-based whole cuts, known for creating the ...
Article by Vegan Kind
The new vegan Galaxy bar is made with dairy-free milk chocolate, dried fruits an...
Article by Vegan Kind
The first plant-based salmon alternative, named by its creators "THE FILET – Ins...
Article by Vegan Kind
Denmark is the first country in the world with a ready action plan and proposals...
Article by Vegan Kind
New research shows that nearly 50% of UK consumers are reducing their meat intak...
Article by Vegan Kind
Dreamfarm has just announced it received an investment of €5 million that will b...
Article by Vegan Kind
Beyond Meat wins GOLD at Casual Dining Innovation Challenge 2023 for its plant-b...
This dish is quick to make, nutritious and easy to make.