Take a bite out of this! Singapore-headquartered VC Better Bite Ventures has just announced the first four investments under their First Bite program.

• They invest in alternative protein startups, mainly at the pre-seed and seed stages.
• Founded in 2021, they've raised $15M for their fund and have invested in 20 early-stage companies in APAC!

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😋 Why the First Bite matters

Launched in late 2022, First Bite invests $50,000 in startups at the founding stage (earlier than pre-seed).

• This is to support aspiring founders just getting started since not everyone can bootstrap or raise a family and friends round.
• Outside of First Bite, their checks are usually around $200,000–$700,000!

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🤑 Put your money where your mouth is

Time to meet the first four investments under the First Bite program!

• 🇸🇬 Allium Bio. They want to process mycelium and microalgae to create sustainable ingredients for the plant-based food industry.
• 🇸🇬 Cultivaer (in stealth). They hope to accelerate the scalability of fermentation-based alternative proteins.
• 🇮🇳 Klevermeat. They create cultivated seafood from cells.
• 🇳🇿 EatKinda. They make ice cream from cosmetically imperfect "waste" cauliflower.

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🤓 Zoom out

Other investments by Better Bite outside of the First Bite program?

• 🇸🇬 Meatiply. They cultivate poultry through cells.
• 🇸🇬 Next Gen Foods. They produce plant-based chicken.
• 🇸🇬 Umami Meats. They create cell-cultured fish in Singapore.
• 🇮🇩 Green Rebel Foods. They make plant-based meat and dairy startup.