When was INCUBETTER founded?

INCUBETTER was founded in 2019.

Where is INCUBETTER's headquarters located?

INCUBETTER's headquarters is located in Putuo (China).

How many companies has INCUBETTER invested in?

INCUBETTER has invested in 19 companies, including AB InBev & Nestle.

How many exits has INCUBETTER been involved in?

INCUBETTER's portfolio has seen 4 IPOs and 4 acquisitions.

INCUBETTER - 2026 Investor Profile & Portfolio

INCUBETTER, an accelerator and incubator program founded in 2019, is based in Putuo, China. With a presence in 12 countries, it has supported around 19 startups in sectors like Consumer Goods, Food and Agriculture. As of Sep 2026, INCUBETTER has witnessed 8 portfolio exits. Most notable companies in its portfolio include AB InBev, Nestle and Oatly. The program primarily supports startups based in United States, Belgium.

Key Metrics

Founded Year

2019

Location

Putuo, China

Portfolio Companies

AB InBev, Nestle & 17 more

Sectors of Investment

Consumer Goods, Food and Agriculture & 4 more

Locations of Investment

United States, Belgium & 10 more

View INCUBETTER's full profile

INCUBETTER has a portfolio of 19 companies. Their most notable investments include AB InBev and Nestle.Their portfolio spans across United States, Belgium, Denmark and 9 more locations. They have invested in Consumer Goods, Food and Agriculture, High Tech and 3 other sectors. Here is the list of top investments by INCUBETTER:

1. AB InBev

Internet first brand of beer and alcoholic beverages. It also offers premium beer drink products, beverages, beer sales and production, marketing, innovation, consumer good, advertising services, voluntary labelling, and quality brewed products. In 2022, the company recorded annual revenues of $57.83B and a net profit of $6.06B.

Key facts about AB InBev

Founded Year: 2008
Location: Brussels (Belgium)
Stage: Public
Employee Count: 137,000 as on Dec 31, 2025
Investors: 27th Street Capital, Analah Ventures and 8 Others
Latest Funding Round: Post IPO, Sep 06, 2023, $*****
Highlight: Public

2. Nestle

Internet first brand of multi category food and beverage products. It products include coffee, tea, candy, confectionery, bottled water, infant formula, dairy products, frozen, breakfast cereals, snacks, pet, and medical food. It has several businesses such as nestle health science, nestle skin health, and nestle purina pet care company. In 2022, the company recorded annual revenues of $98.87B and a net profit of $9.71B.

Key facts about Nestle

Founded Year: 1866
Location: Vevey (Switzerland)
Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
Stage: Public
Employee Count: 238,282 as on Mar 31, 2026
Investors: SIZE, Runway and 12 Others
Latest Funding Round: Grant (prize money), Sep 28, 2023, $*****
Highlight: Public

3. Oatly

Manufacturer of oat-based beverages, yogurts, cooking products, and related merchandise. It provides various oat drink options, including chilled varieties suitable for different uses. The company also offers oat-based yogurt alternatives and cooking-related products. Additionally, it features content related to taste trends, sustainability initiatives, health information, and investor relations.

Key facts about Oatly

Founded Year: 1994
Location: Malmo (Sweden)
Stage: Public
Total Funding till date: $232M
Employee Count: 1,410 as on May 31, 2026
Investors: Advantas Capital Ventures, K2 Global and 28 Others
Latest Funding Round: Series C, Jul 14, 2020, $*****
Highlight: Public

4. Carlsberg

Carlsberg is a premium beer brand. It offers beers, ciders, soft drinks, bottled water and more. In 2023, the company recorded annual revenues of $9.93B and a net loss of $0.15B.

Key facts about Carlsberg

Founded Year: 1847
Location: Copenhagen (Denmark)
Annual Revenue: $1B+ as on Dec 31, 2023
Stage: Public
Total Funding till date: $765M
Employee Count: 16,475 as on Mar 31, 2026
Investors: MFS Investment Management, INCUBETTER and 3 Others
Latest Funding Round: Conventional Debt, 2016, $*****
Highlight: Public

5. Fendi

Fendi is a luxury fashion brand. The company offers apparel, timepieces, and fragrances for women, men, and kids. It also provides furnishings. The products are sold through its boutiques, as well as stores internationally. It got acquired by LVMH in Nov 2001 for $225 million.

Key facts about Fendi

Founded Year: 1925
Location: Rome (Italy)
Annual Revenue: $10M - $50M as on Dec 31, 2022
Stage: Funding Raised
Employee Count: 26 as on May 31, 2026
Investors: Osmium Global and INCUBETTER

View the full list of portfolio companies

4 of INCUBETTER's portfolio companies have become public. Oatly got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in May 2021 at marketcap of $10.1B and AB InBev got listed on the Euronext Exchange (Euronext), Johannesburg Stock Exchange (JSE) at marketcap of undefined.

Here are INCUBETTER's portfolio companies that went public:

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