Alchemy Foodtech - About the company
Alchemy Foodtech is a series A company based in Singapore (Singapore), founded in 2015 by Verleen Goh and Alan Phua. It operates as a Platform offering plant-based carbohydrate food ingredients. Alchemy Foodtech has raised $4.82M in funding from investors like Thai Union Group, Enterprise Singapore and OCTAVE Capital.
Company Details
Platform offering plant-based carbohydrate food ingredients. The company develops novel food ingredients that fight diabetes prevention. Its patented plant-based ingredient helps slow down the glucose release of refined carbohydrate foods and slows down the digestion of white rice to the same as brown rice. Its product offerings include white rice, brown rice, white bread, white buns, wholemeal bread, wheat noodles, brown rice pasta, and more. The company claims to combine food, bio, and medical technologies for its production.
- Website
- www.alchemyfoodtech.com/
- Email ID
- *****@alchemyfoodtech.com
- Registered Address
- PAYA LEBAR ROAD, Singapore, 409051
Key Metrics
Founded Year
2015
Location
Singapore, Singapore
Stage
Series A
Total Funding
$4.82M in 4 rounds
Latest Funding Round
Investors
Ranked
1st among 1 active competitor
Annual Revenue
SGD 0 - 1M as on Dec 31, 2019
Employee Count
13 as on Sep 30, 2026
Similar Companies
Legal entities associated with Alchemy Foodtech
Alchemy Foodtech is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ALCHEMY FOODTECH PTE. LTD. UEN: 201536021K , Singapore, Active | Sep 29, 2015 | SGD 0 - 1M (As on Dec 31, 2019) | - |
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Alchemy Foodtech's funding and investors
Alchemy Foodtech has raised a total funding of $4.82M over 4 rounds. Its first funding round was on Sep 26, 2018. Its latest funding round was a Series A round on Mar 2024 for $*****. 1 investor participated in its latest round. Alchemy Foodtech has 15 institutional investors.
Here is the list of recent funding rounds of Alchemy Foodtech:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 2024 | 2141381 | Series A | 9940408 | 4834431 | 5118582 | 7065122 |
Dec 23, 2022 | 2133297 | Series A | 6839989 | 6188197 | 3054126 | |
Oct 01, 2020 | 4239721 | Series A | 9608148 | 2687279 |
View details of Alchemy Foodtech's funding rounds and investors
Alchemy Foodtech's founders and board of directors
Founder? Claim ProfileThe founders of Alchemy Foodtech are Verleen Goh and Alan Phua.
Here are the details of Alchemy Foodtech's key team members:
- Verleen Goh: Co-Founder of Alchemy Foodtech. They serve on the board of 1 company.
- Alan Phua: Ceo & Co-Founder of Alchemy Foodtech.
Alchemy Foodtech's Board of Directors
Alchemy Foodtech's board has 4 active members. Verleen Goh and Phua Wei Quan are part of team and Hyuk-Tae Kwon and Chow Jean-yves Ho-fung are independent board members.Here is the list of Alchemy Foodtech's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 11m | |
Team | - | Current | 10y 11m | |
Independent board member | - | Current | 2y 6m | |
fua{ldw | Independent board member | - | Current | 4y 7m |
g{knn{p | Independent board member | - | Past | 3y 2m |
lrglxpq | Independent board member | - | Past | 6y 2m |
View details of Alchemy Foodtech's Founder profiles and Board Members
Alchemy Foodtech's employee count trend
Alchemy Foodtech has 13 employees as of Sep 26. Here is Alchemy Foodtech's employee count trend over the years:
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Alchemy Foodtech's Investments and acquisitions
Alchemy Foodtech has made no investments or acquisitions yet.
Reports related to Alchemy Foodtech
Here is the latest report on Alchemy Foodtech's sector:
News related to Alchemy Foodtech
•
Thai Union to invest in four new food start-up companiesfoodprocessing-technology.com•Jul 19, 2023•Flying Spark, Alchemy Foodtech, Manna Foods, HydroNeo and 2 others
•
Alchemy Foodtech's Sugar And Gi Lowering Platform Alchemy Fibre To Be Used In New Subway Chocolate Chip Cookie Island-widePR Newswire•Feb 10, 2023•Alchemy Foodtech
•
SG-based Alchemy Foodtech bags $3m in extended bridge roundTech in Asia•Dec 23, 2022•Alchemy Foodtech, Thai President Foods, Pine Venture Partners, Thai Union Group and 4 others
•
Local start-up Alchemy Foodtech partners NTUC to set up training committee and drive growthThe Straits Times•Apr 12, 2022•Alchemy Foodtech, Fairprice
•
Alchemy raises S$2.5m in pre-Series A funding, sets up foodtech labThe Business Times•Mar 18, 2021•Alchemy Foodtech, Seeds Capital, OCTAVE Capital
•
Alchemy Foodtech closes Thai Union-led bridge round, eyes China expansionAgFunderNews•Dec 21, 2020•Alchemy Foodtech, Thai Union Group, Chicken of the Sea, John West and 5 others
•
Singapore food-tech lab unveils novel product to lower GI of bread and riceBakeryandSnacks•Feb 01, 2019•Alchemy Foodtech
•
The startup that’s fighting diabetes with a hidden food ingredientTech in Asia•Jan 22, 2019•Alchemy Foodtech
•
Food-tech Lab Innovating With Lower Gi Rice And Bread To Tackle DiabetesChannelnewsasia•Jan 21, 2019•Alchemy Foodtech
•
Singapore startup Alchemy FoodTech raises 7-digit sum to fund innovations tackling diabetesThe Business Times•Sep 26, 2018•Alchemy Foodtech, Seeds Capital, Enterprise Singapore, OCTAVE Capital
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