Green Butcher, a consumer startup focused on Indonesian plant-based foods, has received a fresh an initial funding US$2 million led by Singapore-based venture capital Teja Ventures and several global investors such as Unovis Asset Management. The investor invested in Green Butcher’ affiliated company, Burgreens, which is a burger based on organic food.
Beside the two investors, also joined SavEarth Fund that support by James and Suzie Cameron, a famous Hollywood director couple, Phi Trust, C4D, and a number of individual investors. A number of investors focused on alternative proteins also joined the round, including Elisa Khong, Simon Newstead and Michal Klar.
The food-maker was founded by Max Mandias and Helga Angelina, who also founder of Burgreens. They produces an alternative to chicken and plant-based meat as well as plant-based protein foods. It said the funds will be used to create a range of plant-based meat products, which are made using mushrooms, genetically modified organism-free soy protein, and green beans.
