Singapore's Life Lab Resources raises $1M to scale food-waste recycling
What's the deal? Singapore food-waste startup Life Lab ResourcesDealroom has a profile for this one. Try Dealroom → has raised $1 million, in a round led by Decarb123 Pte Ltd. The group invested through DC123FW Pte Ltd.
Who else is in? The round included investment from Keng Eng Kee Holding Pte Ltd and follow-on backing from AC S323 Pte Ltd, an angel syndicate led by Huang Shao-Ning.
What's the endgame? Life Lab Resources said the fresh capacity will let it process more treated food substrates and produce more nutrient-rich aquaculture feed for farmers. The added capital also supports more circular food products.
What could go wrong? Regulation is a factor. In Singapore, companies that manufacture feed for food-producing animals require a license, and the Singapore Food AgencyDealroom has a profile for this one. Try Dealroom → sets rules for some alternative feed inputs.
The signal: The round points to investor appetite for circular-economy ventures that turn waste streams into usable inputs — in this case, converting food waste into feed for aquaculture, a sector under pressure to find sustainable sources.
Read more: techinasia.com
Image credit: USDAgov
