Alchemy Foodtech is a Singapore-based food technology startup that is dedicated to revolutionizing the landscape of food with a focus on combatting diabetes and other chronic diseases. Founded in 2015, the company aims to not only enhance the taste of food but also improve its health benefits. They have developed patented technologies such as Alchemy Fibre™️ and SweetFibre™️, which have the capability to address sensory and textural challenges in formulating healthier foods with reduced sugar and calories.
With a mission to minimize sugar usage and lower the glycemic index in carbohydrate-based foods while simultaneously improving gut and metabolic health, Alchemy Foodtech is making significant strides in the biotechnology, food and beverage, and healthcare industries. The latest round of investment at SGD8.00M came from Ting Hsin Group on 27 November 2023, highlighting growing recognition and support for the company's innovative approach to healthier food production. Headquartered in Singapore, Alchemy Foodtech is poised to make a lasting impact on the global food sector with its groundbreaking solutions.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Corporate Round | SGD8.00M | 1 | Ting Hsin Group | 27 Nov 2023 |
Convertible Note | $3.00M | 7 | Thai Union Group, Fuchsia VC | 22 Dec 2022 |
Venture Round | $2.00M | 1 | 12 Mar 2021 | |
Convertible Note | Unknown | 6 | Thai Union Group, Muang Thai Fuchsia Ventures | 21 Dec 2020 |
Non Equity Assistance | Unknown | 1 | SPACE-F | 08 Sep 2020 |
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