DealStreetAsia
Singapore-based foodtech company Glife has secured S$4 million ($2.88 million) in a Series A extension round led by Temasek subsidiary Heliconia Capital, according to regulatory filings.
The round was joined by Malaysia’s Hibiscus Fund, Quest Ventures and individual investors, show Glife’s filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA).
Prior to the Series A1 round, Glife had raised $10.34 million in total. Series A1 investor Quest Ventures had previously invested in the startup’s pre-seed round in 2019.
Founded in 2018 by Justin Chou, who is also the executive director of plant-based food supplier Growthwell and co-founder of vegetarian food chain Greendot, Glife runs an app and website that enable food and beverage businesses to buy, manage, and track their orders.
Last month, Glife acquired a controlling stake in Bali-based farm-to-table startup PanenID, and Malaysia’s Yolek, a distributor to hotels, restaurants and catering companies. Earlier this month, it announced an investment in Vietnamese agritech supply chain startup Koina.
