Food Loss Challenge Asia announces the 20 start-ups who will take centre stage on Pitch Day, 26 October 2018 in Singapore with the Top-5 going to the Finale on 15 November 2018.
Through the Food Loss Challenge Asia, Rabobank aims to look for solutions with its partners to address the global problem of food loss. Diane Boogaard, CEO Asia of Rabobank, comments: "With the population in Asia projected to reach over 5 billion by 2050, we rely on innovative and technological solutions to help us curb food loss along the value chain and promote the sustainable development of rural prosperity in the region. Through our networks, we connect startups to our corporate and rural clients to help us in our strive to growing a better world together."
"The startups demonstrated an ability to deploy their technology with the awareness of how it would add value to their end-users," says Arindom Datta, Asia Head of Sustainability Banking, and member of the Food Loss Challenge Asia project team.
"Whilst the 127 solutions put forth addressed pain points along the food value chain, notably logistics, storage and refrigeration, many focused on enabling data-driven farm management especially for the small holder farming community. Many startups are trying to provide critical holistic solutions addressing the issue of food loss integrating diverse players in the supply chain," Arindom continues.
The shortlisted start-ups are in the running to win USD 15,000 Jury's Prize and/or the USD 5,000Audience Prize at the Finale.
The 20 shortlisted companies are (in alphabetical order):
|Foodpanda acquires foodtech firm Holachef|
|PepsiCo to focus on modern trade for next generation customers|
|GELITA to feature collagen protein solutions for sport nutrition|
|Herbalife Nutrition to launch high-protein coffee mix|
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