Alternative protein startups, a nascent category touted as the future of food, have been fast garnering investor interest with deal value in Southeast Asia growing to $155 million in 2020 compared to just $5.3 million in 2019.
“Now it’s time for food,” said Tai Lin, managing partner, Proterra Investment Partners, a food-focused private equity firm that manages $4 billion worth of investments globally, and $1.6 billion in Asia.
