GOOD Meat, the cultivated meat division of food technology company Eat Just, broke ground on Friday (Jun 10) for a new S$61 million meat production facility in Singapore, which will have the capacity to produce "tens of thousands of pounds" of lab-grown meat per year. Singapore takes the world's first bite. Singapore has set the target of producing 30 per cent of its nutritional needs locally by 2030 and has invested substantially into multiple agri-food fronts to achieve it. Eat Just has been given the green light in Singapore to sell new types of its cultivated chicken, around a year after the US firm received the world's first approval to sell cultivated meat. The 30,000 square-foot facility is slated to open in the first quarter of. Minister of State for Trade and Industry Low Yen Ling, who was at the event as the guest of honour, said that the eggs tasted like the eggs sheeats on a daily basis. The chicken nugget is now available at Singapore restaurant 1880, retailing at around $17 for a set meal. Eat Just To Build Singapore Plant Protein Facility To Meet Asia Demand With Up To US$120M Investment, sold the plant-based equivalent of over 50 million eggs, Tetrick estimated that cell-based meats will be available to mass consumers within a timeline north of 15 years. Copyright 2021 NXT.financial media. This will allow us to better cater to the . "Once built, the first factory will generate thousands of metric tons of protein, adding to existing large-scale protein facilities in North America and Germany," Eat Just said in a statement. Eat Just Inc., a maker of meat and egg substitutes, is building the largest plant to produce lab-grown meat in Asia. We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be. Analytical cookies are used to understand how visitors interact with the website. As previously announced, Eat Just's GOOD Meat division (" GOOD Meat ") completed a US$97 million financing, as part of a total US$267 million round, thereby setting a record for the cultured. L ast month, from Singapore, came news of the world's first commercial sale of cell-cultured meat, the product of a bioreactor instead of a slaughterhouse. Able to carry 10-15 kg products. Eat Just and GOOD Meat are headquartered in Alameda, California with a growing team based in Singapore, where we are currently in-market. The new factory will be the result of a total of US$120 million (S$162 million) investment by Eat Just and Proterra Investment Partners Asia, an investment firm focused on the food and agri-business sectors. Singapores Protein Innovation Centre Is The Launchpad You Need, From Plastic Waste to Green Concrete: Sino Group Partners with EcoBricks to Inaugurate Sustainable Solutions for the Built Environment, Beef But Better: Kerry Identifies What Australia Consumers Are Looking From Plant-Based Beef Burgers, Kerry Is Helping F&B Capture Asias Growing Plant-Based Meat Demand. The nuggets are priced at S$23 and served initially as a two-dish combo - chicken and waffles on one plate, and . 202120748H. Who Are the Founders of Eat Just, Inc.? The chief executive of Eat Just, Mr Josh Tetrick, said that the decision to set up the factoryin Singapore came because of the Republic's reputation as a leading nation in alternative protein. Ms Low said: "This will be a big boost to our local production thrust, which will complement our stockpiling and also our diversified import strategy.". Construction completion is anticipated within two years, at a cost of US$120 million. Be among the first to know the Breaking news. The new facility is the result of a $120 million investment, with backers including Proterra Asia, and will primarily produce Eat Justs mung bean-based egg products. All quotes delayed a minimum of 15 minutes. To be built on a 2.7ha plot in Pioneer, the factory will contribute thousands oftonnes of plant-based protein every year, strengthening Singapore's food security. Such jobs have already been created for Eat Just's yet-to-be-built factory, with locally hired engineers being involved in its construction, said Mr Saurabh Bajaj, the chief executiveof Eat Just, Asia. Headlines hailed a landmark step in the quest to end animal agriculture, upend the meat industry and redefine our diets. These cookies track visitors across websites and collect information to provide customized ads. Publisher - Award-Winning Impact Media - Alt Protein & Sustainability Breaking News. The San Francisco-based start-up makes a mung bean-based egg substitute that comes in bottles and looks like beaten fresh eggs. Singapore. She also added that this factory would contribute to Singapore's goal of developing supply chain resilience of essential goods. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. To continue, upgrade to a supported browser or, for the finest experience, download the mobile app. The high-tech agriculture sector in Singapore is also expected to create about 4,700 jobs by 2030. Once built, the first factory will generate thousands of tonnes of protein to meet the rising demand in Asia. Eat Just, Inc. is reported to have 249 total employees across all of its locations and generates $90.38 million in sales. Dec 02, 2022 Downgrading of food shop, Burger & Lobster Singapore Ltd at - Jewel Changi Airport (78 Airport Blvd, #05-203, Singapore 819666), due to food poisoning incident. This has been hailed as a landmark . This cookie is set by GDPR Cookie Consent plugin. This partnership will further accelerate our path to become one of the worlds largest producers of eggs in the next decade. The company was founded in 2011. SINGAPORE (Reuters) - Plant-based egg substitute startup Eat Just Inc said on Tuesday it had partnered with a consortium led by Proterra Investment Partners Asia to build a plant protein production facility in Singapore to serve the Asian market. Once built, the first factory will generate thousands of metric tons of protein, adding to existing large-scale protein facilities in North America and Germany, Eat Just said in a statement. We INFORM. SINGAPORE (Reuters) - Plant-based egg substitute startup Eat Just Inc said on Tuesday it had partnered with a consortium led by Proterra Investment Partners Asia to build a plant protein . The agreement includes building Eat Just's first. Sally Ho is Green Queen's resident writer and lead reporter. The new Eat Just factory will produce thousands of tonnes of alt protein every year, strengthening Singapores food security a key government initiative for the states government. Eat Just is known for its plant-based egg made from green beans, called the Just Egg, which was launched in Singapore in November 2018. Read more at The Business Times. No. The cultured chicken has been manufactured locally at the Food Innovation and Resource Centre, a food research facility co-run by Singapore Polytechnic and Enterprise Singapore, according to. Full-time. Announced today (October 20), the new consortium resulting from the partnership known as Just Eat Asia will serve the companys Asia-based manufacturing and distribution network. By clicking Accept, you consent to the use of ALL the cookies. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The consortium will invest up to US$100 million (S$136 million) and Eat Just will invest up to US$20 million to build and operate the factory, its first in Asia. Initial availability would be limited, the company said, and the bites . Join ST's Telegram channel and get the latest breaking news delivered to you. GOOD Meat chicken products are now available for consumers in Singaporean eateries and are causing quite a stir around the world. To date, Eat Just has sold the plant-based equivalent of more than 60 million eggs, saving 2.2 billion gallons of water, 8.7 million kg of CO2e and 14 million squaremeters of land. And that's our technology called cultivating or culturing meat. The mammoth site is located in the city's Pioneer area and sits atop a 2.7-hectare plot. Necessary cookies are absolutely essential for the website to function properly. Mediacorp Pte Ltd. All rights reserved. Eat Just, which also makes a mayonnaise substitute, sells its products in stores including Walmart, Kroger and Whole Foods. Copyright 2022 SPH Media Limited. The consortium will invest up to $100 million and Eat Just will invest up to $20 million to build and operate the factory, its first in Asia. Reporting by Aradhana Aravindan in Singapore; editing by David Evans. Upgraded but still having issues? It starts with a. Eat Just says that it will soon be announcing a new partnership in mainland China, which will further establish the brands presence in the country, after its recent opening of a plant-based culinary studio in Shanghai. The cell-cultured chicken will eventually be produced under . ALAMEDA, Calif., November 07, 2022 -- ( BUSINESS WIRE )-- GOOD Meat, the cultivated meat division of food technology company Eat Just, Inc., announced today that it will launch a new version of . Good Meat, the Eat Just division that made the world's first cell-based meat for consumers in Singapore, received $170 million in new funding. The consortium will invest up to. Its most up-to-date figures show that it has within the span of just a few months increased this number to 60 million eggs. You can eat plenty of animals- chicken, pork, beef, you name it - without needing to slaughter a single animal. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. And Singapore has firmly established itself as the leader in attracting and accelerating these new approaches, Josh Tetrick told, https://vegconomist.com/food-and-beverage/egg-alternatives/eat-just-to-open-largest-alt-protein-factory-in-singapore/. His company, Eat Just, had become the first in the world to sell the product after receiving approval from Singapore authorities. Copyright Mediacorp 2022. SINGAPORE: San Francisco-based Eat Just said Singapore will be its Asia headquarters and potentially its global manufacturing hub, the meat and egg substitute maker's chief executive and. The new Eat Just factory will produce thousands of tonnes of alt protein every year, strengthening Singapore's food security - a key government initiative for the state's government. To be functional within two years, the new facility will house JUST Egg operations in the Asian alt protein epicenter of Singapore. These cookies ensure basic functionalities and security features of the website, anonymously. Proterras experience across sourcing and manufacturing will be invaluable, said Josh Tetrick, co-founder and CEO of Eat Just, in a press release. You also have the option to opt-out of these cookies. Eat Just, the US-based of alternative-egg products, is teaming up with private-equity firm Proterra Investment Partners to build a production facility in Singapore. FOOD production company Eat Just - known for its plant-based egg product, JUST Egg - has tied up with a consortium led by Proterra Investment Partners Asia to build and operate a plant protein Eat Just, Proterra Asia to invest up to US$120m on plant-based protein facility in Singapore, Consumer & Healthcare - THE BUSINESS TIMES Skip to main content A chef demonstrating how to prepare bottled liquid plant-based egg during the ground-breaking ceremony on March 17, 2022. Consumer demand, driven by health, food security and food safety, is creating an environment of extraordinary opportunity for this unique partnership.. And Singapore has firmly established itself as the leader in attracting and accelerating these new approaches, Josh Tetrick told The Straits Times. The company signed a multi-year agreement with ABEC Inc., to design, manufacture, install and commission 10, 250,000-liter bioreactors that will create chicken and beef cells in the United States . It raised about $120 million in early venture capital and became a unicorn in 2016 by surpassing a $1 billion valuation. Alternative protein company Eat Just and delivery service foodpanda announced a partnership yesterday that will see the two companies offer the world's first home delivery of cell-cultured meat. US-based foodtech startup Eat Just announced a partnership with a consortium led by Proterra Investment Partners Asia to build its first factory in Asia. SINGAPORE - The humble mung bean - used in the old school dessert tau suan - will be the key ingredient in the largest plant-protein factory to come to Singapore within the next two years. Such efforts have allowed Singapore to garner $11.8 billion of investment last year, with projects expected to generate $16.8 billion in value-added a year when fully implemented. Eat Just, the San Francisco-based food tech that pioneered the plant-based egg, has just announced a new partnership with a consortium led by investment management firm Proterra to build a new production facility in Singapore. This service is not intended for persons residing in the E.U. More restaurants in the city-state are expected to come on board in the coming months.. By News Desk on December 3, 2020. Eat Just was founded in 2011 by Josh Tetrick and Josh Balk. There seems to be a way to cultivate meat, save the planet and pursue our values of not causing harm to other life forms. The program kicks off on April 22 in Singapore, where Eat Just made the world's first sale of cultured meat in December 2020 at restaurant 1880. This cookie is set by GDPR Cookie Consent plugin. The mammoth site is located in the city's Pioneer area and sits atop a 2.7-hectare plot. $2,650 - $3,200 a month. As compared to eggs from the chicken farms, the. 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At the ground-breaking ceremony on Thursday (March 17), members of the media, government officials and investors were invited to try out the Eat Just's Just Egg products, made primarily with mung bean protein and turmeric. The company's expertise, from functionalizing plant proteins. By clicking subscribe, I agree to receive news updates and promotional material from Mediacorp and Mediacorp's partners. Eat Justs existing facilities are currently located in North America and Germany. Mr Tetrick said: "Whether because of food security, climate change, or personal health, innovative approaches to making animal protein to feed our families are necessary in the decades ahead. 7-Eleven's product and services range ensures that customer service is always at the heart of every one of its branches. In a recent talk, Tetrick estimated that cell-based meats will be available to mass consumers within a timeline north of 15 years, in stark contrast to plant-based brand Impossible Foods founder Pat Browns pessimistic outlook that he doubled down on during a virtual conference attended by Green Queen earlier today. Sally has a background in Politics and International Relations from her studies at the London School of Economics and Political Science. Company Name EAT JUST, ASIA PTE. LTD. Additionally, Singaporean contract development and manufacturing organisation Esco Aster was granted approval in September 2020 to start production of the cultivated chicken. Eat Just has announced Singapore as its main Asia hub and potential global manufacturing base and ploughed some of its recent $170 million funding into a Singapore factory. Eat Just, the Californian start-up responsible for the alternative protein factory,said that the bean can be transformed into a protein isolate, which is a main ingredient of alternative protein products manufactured here. Its existing distribution partners in Asia include South Koreas SPC Samlip and Thailands Betagro. It does not store any personal data. Eat Just, the plant-based food startup, is launching a new Asian subsidiary through a partnership with Proterra Investment Partners Asia. Singapore's regulatory authorities have approved Eat Just's cell-based meat for human consumption for the first time, as part of chicken bites. Eat Just, the maker of lab-grown meat, has received approval from the SFA (Singapore Food Agency) to sell lab-grown chicken meat in the country. Read this subscriber-only article for free! Singapore is also at the forefront of alternative protein legalisation, being the first country in the world to authorise the manufacture and sale of cell-grown protein products. And the best eggs are made from plants. Eat Just is a food technology company with a mission to build a healthier, safer and more sustainable food system in our lifetimes. Largest plant-protein factory in Singapore to open within the next two years, All done! Passionate about the environment, social issues and health, she is always looking into the latest climate stories in Hong Kong and beyond. Its existing distribution partners in Asia include South Korea's SPC Samlip and Thailand's Betagro. The consortium will invest up to $100 million and Eat Just will invest up to $20 million to build the production facility in Singapore. The San Francisco-based start-up makes a mung bean-based egg substitute that comes in bottles and looks like beaten fresh eggs. The Straits Timestasted the egg fold made with mung protein and found it almost indistinguishable from real egg and similar in consistency to tamago in Japanese sushi. Eat Just last week announced its cultured chicken nuggets will make its global commercial debut at 1880, a private member's club at Robertson Quay. File photo of beaten eggs. The factory, to focus on . These cookies will be stored in your browser only with your consent. Singapore became the first country in the world to approve the sale of lab-grown chicken meat for human consumption at the end of 2020. Eat Just Inc., the privately-held San Francisco company known for plant-based alternatives to egg products, has gained regulatory approval in Singapore to produce . Whether because of food security, climate change, or personal health, innovative approaches to making animal protein to feed our families are necessary in the decades ahead. Eat Just chicken nuggets Singapore has given regulatory approval for the world's first "clean meat" that does not come from slaughtered animals. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Our mission is to shift consumer behaviour through our authentic, original and ground-breaking content. California foodtech firm Eat Just's Good Meat division broke ground on its upcoming 30,000 sq ft facility - about half the size of a football field - in food industry hub Bedok Food City on Friday (June 10). The cells for Eat Just's product are grown in a 1,200-litre bioreactor and then combined with plant-based ingredients. Via the partnership, Eat Just will build its first production facility in Asia. California-based Eat Just has placed a heavy focus on its operations in Singapore, as it became the first nation to grant regulatory approval for commercial sales of Eat Justs cultivated chicken company GOOD Meat. This article is now fully available for you, Please verify your e-mail to read this subscriber-only article in full. The gift link for this subscriber-only article has expired. The San Francisco-based start-up makes a mung bean-based egg substitute that comes in bottles and looks like beaten fresh eggs. Singapores TurtleTree Labs Wins Entrepreneurship World Cup US$500,000 Prize For Its Lab-Grown Milk From All Mammals, Corona Beer Launches Paradise Advisor To Support Colombian Eco Tourism Amid Pandemic, I Went Vegan In the 90s and Its Why Im Certain the Future Is Vegan, Too, Cultivated Meat Just Landed In a Butcher Shop for the First Time, Believer to Open the Worlds Largest Cultivated Meat Factory in the Heart of Hog Country, Is Fungi The Future Of Bacon? The cookie is used to store the user consent for the cookies in the category "Other. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Search job openings at Eat Just. The cookie is used to store the user consent for the cookies in the category "Performance". The consortium will invest up to. And Singapore has firmly established itself as the leader in attracting and accelerating these new approaches." The new factory will be the result of a total of US$120 million (S$162 million). According to the press release from Eat Just, the factory will "generate thousands of metric tons of protein.". SINGAPORE (Reuters) - Plant-based egg substitute startup Eat Just Inc said on Tuesday it had partnered with a consortium led by Proterra Investment Partners Asia to build a plant protein production facility in Singapore to serve the Asian market. ST PHOTO: JASON QUAH, Preparation of bottled liquid plant-based egg. The consortium will invest up to $100 million and Eat Just . Beyond launching a new JUST Egg plant protein facility in Singapore, Eat Just revealed they are now also in discussions with Proterra to focus on the commercialisation of cultured meat an avenue the food tech has been actively working on. Dec. 2 2020, Published 11:11 a.m. Update Tuesday October 20 2020: The articles title has been updated to reflect that the investment will be up to US$120 million, not US$ 150 million. Singapore has granted San Francisco start-up Eat Just Inc. regulatory approval to sell its laboratory-grown chicken in the city-state -- the world's first government to allow the sale of cultured . Funds were raised from UBS O'Connor, a . This cookie is set by GDPR Cookie Consent plugin. Over 98% of our content is editorial and independent. Our teams work collaboratively in offices and facilities around the globe. We regret the error. We EMPOWER. In 2021, the Agri-Food Cluster Transformation Fund worth $60 million was introduced to boost local agricultural production through technology. Singapore is the first country to approve the sale of cell-based meat in December 2020, with the product coming from Good Meat. Weekend availability + 2. While the Proterra-led consortium will finance up to US$100 million, Eat Just will invest US$20 million to go towards the construction of the new Singapore-based facility, the company's first-in-Asia and largest in the city-state. Singapore's investment companyTemasek also introduced the Asia Sustainable Foods Platform, a firm to drive the adoption of sustainable food and build an ecosystem for food tech across Asia through investment, last year. Good Meat's bioreactor can produce between 4,500kg and 45,000kg of cell-cultured chicken meat every year, said Eat Just chief executive Josh Tetrick. Speaking about the new partnership, the managing partner of Proterra Asia, Tai Lin, described it has a strategic alliance that will help consumers across Asia get better access to the excellent plant-based egg product by establishing a fully integrated supply chain within Eat Just Asia., Welcoming the news of yet another addition to Singapores reputation as a flourishing food tech innovation hub, the executive vice president of the Singapore Economic Development Board, Damian Chan said that the partnership will allow us to better cater to the needs of the Asian markets, while creating exciting opportunities for Singapore.. Our Standards: The Thomson Reuters Trust Principles. See here for a complete list of exchanges and delays. The cookie is used to store the user consent for the cookies in the category "Analytics". In a global first, the Singapore Food Agency has approved the sale of Eat Just's cultured meat to be used as an ingredient in chicken bites. The company's expertise, from functionalizing plant proteins. Singapore is home to Eat Just's Asia-Pacific headquarters and its first factory in Asia. In Asia, Eat Justs flagship plant-based egg product, the JUST Egg, is currently available in South Korea through its local distribution partner SPC Samlip, in Thailand with food giant Betagro, across Hong Kongs Green Common stores, and in mainland China where it is sold via the Alibaba-owned Tmall e-commerce platform and JD.com. The first of the new products, a chicken breast, will be unveiled at the JW Marriott Singapore South Beach in the coming days. In its domestic market in the U.S., the JUST Egg is available at major retail outlets and partnering foodservice destinations. Demand for plant-based meat substitutes and proteins has grown as customers have become increasingly health conscious and are concerned about the environmental impact of industrial animal farming. MCI (P) 076/10/2022, MCI (P) 077/10/2022. This website uses cookies to improve your experience while you navigate through the website. This is a fraction of the 214,400 tonnes of . Having formed in Tetrick's garage in 2011, Eat Just, Inc. first had $500,000 before Khosla Ventures' provided $2 million in venture capital funding. Proterras experience across sourcing and manufacturing will be invaluable. Eat Just, which also makes a mayonnaise substitute, sells its products in stores including Walmart. "This partnership will further accelerate our path to become one of the world's largest producers of eggs in the next decade. Eat Just is an American food manufacturing company headquartered in San Francisco that produces egg alternatives and other plant-based foods, like Beyond Eggs, Just Mayo, Just Cookies, Power Gari and Just Egg. 1-min read. This cookie is set by GDPR Cookie Consent plugin. Though Singapore is the first country to approve the product, it's also in the process of working with. We INSPIRE. 14 Eat Just jobs including salaries, ratings, and reviews, posted by Eat Just employees. Eat Just, which also makes a mayonnaise substitute, sells its products in stores including Walmart WMT.N, Kroger KR.N and Whole Foods. Plant-based egg substitute startup Eat Just Inc said on Tuesday it had partnered with a consortium led by Proterra Investment Partners Asia to build a plant protein production facility in . But opting out of some of these cookies may affect your browsing experience. Eat Just, the US alt protein innovator, has announced the start of construction on what it claims will be the largest plant-protein factory in Singapore. Date Incorporation 18 March 2020 (Wednesday) 1584500401 ago Operating Status Live Company as on 16 July 2020 (Thursday) Registration Type PRIVATE COMPANY LIMITED BY SHARES Contact Information Registered Address 138 MARKET STREET #16-02 CAPITAGREEN SINGAPORE (048946) View on Google Maps Company Industry Eat Just has contacted vegconomist to say the company has signed a $100M+ agreement with a consortium led by Proterra Asia, to meet demand for its mung bean-based JUST Egg in Asia. Singapore has become the first country in the world to approve the sale of cultured meat. Demand for plant-based meat substitutes and proteins has grown as customers have become increasingly health conscious and are concerned about the environmental impact of industrial animal farming. We also use third-party cookies that help us analyze and understand how you use this website. Once built, the first factory will generate thousands of tonnes of protein to meet the rising demand in Asia. Founded by serial entrepreneur Sonalie Figueiras in 2011, Green Queen is an award-winning sustainability & impact media platform advocating for social & environmental change in Asia. The resulting Eat Just subsidiary, to be known as Eat Just Asia, will serve JUST Egg manufacturing and distribution partners across Asia. US-based foodtech startup Eat Just announced a partnership with a consortium led by Proterra Investment Partners Asia to build its first factory in Asia. The San Francisco-based company has teamed up with Qatari investor Doha Venture Capital and the Qatar Free Zones . It is further announced that Eat Just and Proterra are also in discussions to focus as an alliance on the commercial production of cultured meat. READ: Plant-based egg producer Eat Just to build Singapore factory Advertisement. More restaurants in the city-state are expected to come on board in the coming months. The story received attention mostly in . Eat Just Inc., the San Francisco-based maker of plant-based egg products, raised $170 million in new funding to help expand its cell-based meat subsidiary. He added, "The partnership between Eat Just and Proterra is an important addition to Singapore's agri-food ecosystem and will build new innovation and production capabilities within the sector here. Paid posts are clearly marked as such: look for 'This is a Green Queen Partner Post' at the bottom of the page. With these funds, Good Meat is now a subsidiary of . The products include bottled yolk that can be scrambled andcell-grown meat products currently being manufactured in Singapore. Eat Just will invest up to $20 million to build and operate the factory, its first in Asia. Singapore has . You have reached your limit of subscriber-only articles this month. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). Eat Just is a food technology company with a mission to build a healthier, safer and more sustainable food system in our lifetimes. ST PHOTO: JASON QUAH, producing 30 per cent of its nutritional needs locally by 2030, Josh Tetrick, co-founder and CEO of Eat Just, wants you to eat real meat without killing animals, NTU scientists develop plant-based ingredient to replace eggs and dairy in mayonnaise. "Once built, the first factory will generate. The new facility is the result of a $120 million investment, with backers including Proterra Asia, and will primarily produce Eat Just's mung bean-based egg products. SINGAPORE: Plant-based egg substitute start-up Eat Just said on Tuesday (Oct 20) it had partnered with a consortium led by Proterra Investment Partners Asia to build a plant protein production facility in Singapore to serve the Asian market. We make delicious eggs because we love eggs. We Tasted Libre Foods Animal-Free Rashers To Find Out, 5 Ways Going Plastic-Free Improved My Health, 9 Kind & Eco-Friendly Christmas Activities To Do This Holiday Season, Chinas Hang Lung & Frances LVMH Announce Groundbreaking Sustainability Partnership To Accelerate Joint ESG Goal, Looking To Start a Future Food Startup? The cookies is used to store the user consent for the cookies in the category "Necessary". A long-time vegan, she also hopes to promote healthy and plant-based lifestyle choices in Asia. The chicken nugget is now available at Singapore restaurant 1880, retailing at around $17 for a set meal . And Singapore has firmly established itself as the leader in attracting and accelerating these new approaches.". In most countries, these animals are factory farmed in horrible conditions and then slaughtered to enable us to eat chicken sandwiches and steaks. ET. While the Proterra-led consortium will finance up to US$100 million, Eat Just will invest US$20 million to go towards the construction of the new Singapore-based facility, the companys first-in-Asia and largest in the city-state. Trainee Store Manager / Store Manager (7-Eleven) COLD STORAGE SINGAPORE (1983) PTE LTD 3.9. Eat Just, the US alt protein innovator, has announced the start of construction on what it claims will be the largest plant-protein factory in Singapore. ST PHOTOS: JASON QUAH, Eat Just Asia CEO Saurabh Bajaj (left) and Minister of State Low Yen Ling at the ceremony in Pioneer View, on March 17, 2022. Singapore Minister of State for Trade and Industry Low Yen Ling attended the ceremony to mark the new facility as the guest of honor and was reported to be a fan of the JUST Egg products served. Construction completion is anticipated within two years, at a cost of US$120 million. SINGAPORE: Plant-based egg substitute start-up Eat Just said on Tuesday (Oct 20) it had partnered with a consortium led by Proterra Investment Partners Asia to build a plant protein. The decision paves the way for San. Californian startup Eat Just has officially broken ground on its new production facility in Singapore. All rights reserved. In order to provide animal protein (egg, poultry, and meat) we humans use a third of the earth's landmass to feed the animals. Eat Just's success comes as the alternative protein industry is booming. The company of late reported that since its inception in 2011, it has sold the plant-based equivalent of over 50 million eggs an achievement that translates to saving 7.5 million kilograms of carbon dioxide, 1.9 billion gallons of water and 3,000 acres of land. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The new facility is the result of a $120 million investment, with backers, Whether because of food security, climate change, or personal health, innovative approaches to making animal protein to feed our families are necessary in the decades ahead. Eat Just has officially broken ground on its new production facility in Singapore. The company additionally revealed plans to build even more production sites in Asia in the future. By registering, you agree to our T&C and Privacy Policy. The consortium will invest up to USD$100m and Eat Just will invest up to US$20m to build and operate its first Asia factory in Singapore. Egg substitute maker Eat Just to build first Asia factory in Singapore, eyes takeoff in Q1 2021 . The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. (Photo: Unsplash/Tania Melnyczuk). Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Proterra is excited to announce this collaboration to form a strategic alliance with Eat Just for Asia; we would like to help consumers across Asia get better access to the excellent plant-based egg product by establishing a fully integrated supply chain within Eat Just Asia. It marks Eat Justs first Asia production site and the largest of its kind in Singapore, which will help the company meet the rising demand for plant-based alternatives across the region. The consortium will invest up to $100 million and Eat Just will invest up to $20 million to build and operate the factory, its first in Asia. Eat Just will soon launch the chicken as part of a new brand called Good Meat. Eat Just has entered a partnership to build a cultivated-meat facility in Qatar. CNBC Make It's Karen . The company has consistently been at the forefront of the plant-based movement, best known for creating plant-based alternatives to popular egg products. Contact us. The new Eat Just factory will produce thousands of tonnes of alt protein every year, strengthening Singapores food security a key government initiative for the states government. Published by SPH Media Limited, Co. Regn. Eat Just Inc, a San Francisco-based startup that primarily manufactures plant-based eggs has been making headlines recently for manufacturing lab-grown chicken and getting the green light from the Singapore Food Agency (SFA) to sell it to the masses in Singapore. Plant-based egg firm Eat just will open its first Asia manufacturing site in Singapore after securing a US120m partnership with a consortium led by Proterra Investment - with the two outfits . It has been involved in several highly publicized disputes with traditional egg industry interests but has also partnered with them to produce and sell products. If you're passionate about the future of this technology and our mission, take a look at our career openings here. This partnership will further accelerate our path to become one of the worlds largest producers of eggs in the next decade. Get unlimited access to all stories at $0.99/month for the first 3 months. December 2, 2020. Green Queen is an editorially-driven media publication. 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