Singapore-based Shandi Raises $700,000 Seed Round
Summary
Shandi, an alternative protein company based in Singapore, announced this week in a press release sent to The Spoon that it has raised $700,000 USD in a second seed round. All of the products are made with a combination of non-GMO chickpeas, pea protein, quinoa, flax seeds, brown rice, and coconut oil. The company has not disclosed much about its production process, but it does have a pending patent for its technology involving the extraction of amino acids from various plants. This process is used to replicate the amino acid profile found in chicken to provide a similar nutritional composition and flavor. Avant Meats, Perfect Day, and Next Gen are just a few other alternative protein start-ups that have built out production facilities in the city-state.