Key Take Away

Plant-based meat manufacturer Growthwell Group has clinched US$8 million (S$11.4 million) in a funding round led by Temasek to set up local research and development (R&D) Centre and to launch a new product line with an Israeli start-up.

Started in 1989, Growthwell specializes in vegetarian food solutions for food and beverage businesses and organisations in Singapore, Australia, India and the United States.

For More Information

www.straitstimes.com/business/companies-markets/growthwell-snares-114m-in-temasek-led-funding-round