ADM and Temaseks Asia Sustainable Foods Platform Inaugurate ScaleUp Bio Joint Venture
Within the alternative food segment, precision fermentation has emerged at the forefront for the sustainable creation of dairy and meat analog foods. ADM and Asia Sustainable Foods Platform have now established a new joint venture company, ScaleUp Bio, in Singapore.
The company will support start-up companies who are exploring precision fermentation for food products, by operating a pilot lab facility. It can also support mass production for these innovative companies with their 10,000L fermentation capacity.
These collaborations, particularly in the APAC region are strongly indicative of the fact that Asia will be the upcoming epicenter of these products, enhancing their strength in precision fermentation.