Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Alchemy Foodtech

Explore full profile

A food science and technology company that develops novel active food ingredients to fighs diabetes

Singapore, SingaporeFounded 2015Biotech & Life Sciences
Valuation $0–100M Latest valuation · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Alchemy Foodtech and the history behind them.

About Alchemy Foodtech

Alchemy Foodtech, a Singapore-based food technology company, is strategically positioned in the health and wellness market, providing ingredient solutions to combat the rising prevalence of chronic diseases like diabetes and obesity. The company was founded in 2015 by the husband-and-wife team, Alan Phua and Verleen Goh. Their entrepreneurial journey began with a low-calorie vegan ice cream brand, Soyato, in 2011, which they exited in 2015 to establish Alchemy Foodtech. The inspiration for the company is deeply personal, as Phua's family has a significant history of diabetes, which drove the founders to develop food solutions that are both healthy and enjoyable.

Read full description

The company operates on a business-to-business-to-consumer (B2B2C) model, partnering with food manufacturers, quick-service restaurants (QSRs), and food service companies to integrate its solutions into their products. Alchemy Foodtech's revenue is generated by supplying its proprietary fiber blends to these partners. Key clients include prominent names like Subway, Tim Hortons, and Yamazaki Bakery, indicating the company's capability to collaborate with large-scale food producers. The company has a strong focus on international expansion, with established operations in China and plans to enter markets in Thailand, Indonesia, Japan, South Korea, and the United States.

Alchemy Foodtech's core offering consists of its patented, plant-based fiber technologies, Alchemy Fibre™ and SweetFibre™. Alchemy Fibre™ is a blend of plant-based ingredients designed to be added to carbohydrate-rich foods like rice, noodles, and bread. Its primary function is to lower the glycemic index (GI) of these foods, slowing down glucose release and digestion, without altering the taste, texture, or appearance of the final product. SweetFibre™ is a sugar replacement solution that offers a similar taste and mouthfeel to sugar but without the calories, and it is high in fiber and prebiotics. This product enables manufacturers to make claims such as "sugar-free" or "high-fibre" on their packaging. The company has secured patents for its technology in numerous countries and has received strategic investments from major corporations, including Thai Union and Ting Hsin International Group.

Source: Dealroom company data

At a glance

Founded
2015
Headquarters
Singapore, Singapore
Sector
Biotech & Life Sciences

Latest news

Press, funding announcements and product moves mentioning Alchemy Foodtech.

See all news

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

  • Heritas Capital Management
  • NUS Enterprise
  • Thai Union
  • Bits x Bites
  • Fuchsia Venture Capital
  • Sunbo Angel Partners

Series A5 investors entered at this stage

  • Seeds Capital
  • Pine Venture Partners
  • Thai President Foods
  • Selera Kapital
  • Ting Hsin group
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇸🇬 Singapore100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Alchemy Foodtech on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Alchemy Foodtech on the full Dealroom platform

Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.