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Food & Beverage Asia June/July 2022

Food & Beverage Asia (FBA) is the leading source of food and beverage news in Asia since 2002. FBA delivers a comprehensive view of the food and beverage landscape, spanning across the latest health and nutrition trends and industry innovations in ingredients, recipe formulations, food science, sustainability, packaging, and automation, as well as advancements in agri and food-tech.

Food & Beverage Asia (FBA) is the leading source of food and beverage news in Asia since 2002. FBA delivers a comprehensive view of the food and beverage landscape, spanning across the latest health and nutrition trends and industry innovations in ingredients, recipe formulations, food science, sustainability, packaging, and automation, as well as advancements in agri and food-tech.

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NEWS 7<br />

ICL Planet startup<br />

hub to partner<br />

with StartLife<br />

ICL has announced it has partnered with<br />

startup accelerator StartLife to invest in<br />

startups focused on new ways to address<br />

global challenges in food and agricultural<br />

production. These challenges range<br />

from increasing yields and tackling food<br />

insecurity, to cutting greenhouse gas<br />

emissions. Both organisations are fully<br />

geared toward accelerating the business<br />

development and growth of early-stage<br />

startups, and this partnership enables<br />

them to advance in their shared mission.<br />

ICL Planet Startup Hub serves as the<br />

vehicle ICL uses to cultivate, nurture and<br />

accelerate innovation in the agri-food tech<br />

ecosystem, through open innovation and<br />

collaboration on a global basis. Potential<br />

targets also include novel ways to recycle<br />

minerals, extract them from waste streams<br />

and convert them to fertilisers or to<br />

develop innovative functional proteins for<br />

clean label applications, among others.<br />

StartLife’s operations director, Laura<br />

Thissen, said: “Through this partnership,<br />

StartLife aims to accelerate startups’<br />

scaling journey and, at the same time,<br />

support ICL in finding the best startups,<br />

which match their innovation challenges.<br />

Our team is already identifying startups<br />

looking to partner and to help solve a<br />

piece of the innovation puzzle for Planet<br />

Startup. The scope includes crop nutrition,<br />

such as next generation fertilisers<br />

and biostimulants, but also precision<br />

farming and alternative proteins.”<br />

Organisations are joining forces to develop next<br />

generation of crop nutrition and food tech startups<br />

Startups have much to gain from a collaboration<br />

with ICL Planet Startup Hub, including<br />

market access, expertise and world class<br />

scientists, as well as the ability for sample<br />

testing. As an on-the-ground industrial<br />

partner, ICL can also provide agronomic or<br />

food application feedback. ICL Planet Startup<br />

Hub is already an active investor in several<br />

Agri<strong>Food</strong> startups, most recently in alternative<br />

protein companies Plantible and Protera. ■<br />

Elevate Taste<br />

in Plant Based<br />

Find out the sensory attributes<br />

consumers are missing<br />

Download New Insights<br />

FOOD & BEVERAGE ASIA JUNE / JULY <strong>2022</strong>

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