Morning Pitch is a pitching platform hosted by Deloitte Tohmatsu Venture Support. This platform helps startups form business alliances and partnerships with large corporations, corporate venture capitals and venture capital firms. The focus for this Morning Pitch is on Foodtech.
Singapore has defined its national ’30-by-30’ goal of producing 30% of agri-food locally and sustainably by 2030. The city state aims to foster its domestic agri-food ecosystem featured of innovation and sustainability and establish itself as an agri-food tech hub of Asia. Vertical farming is one of the ways to ensure the food security and self-reliance of the country.
The Hydrogen Economy is defined as an industrial system in which the dominant role of the energy carrier and fuel is performed by hydrogen together with electricity. The use of hydrogen as a fuel is not new but its recent emergence as a viable large-scale energy source has many observers excited.
Industry: Energy (USS)
Algal biotechnology, once regarded as the future of renewable energy, has started to regain interest from new market niches where they could offer key advantages over traditional bioproduction methods. High-value bioproducts such as cosmetic supplements, speciality oils, nutraceuticals and the ever-growing alternative protein industry have provided safe haven as algal biotechnology companies start to pivot away from biofuels.
Industry: Health and BioMedical Sciences
Reinforcing Singapore's attractiveness as a springboard of new technologies and a Deep Tech hub is easier said than done. To propel Singapore's Smart Nation and Digital Economy to a greater height, leaders and doers from every industry, business and government agency have to continue to grow, innovate, develop and scale together through the deployment of emerging technology solutions and fostering the growth of tech talent and capabilities.
While circular business models have been successfully adopted in European countries such as Denmark, Belgium, and Finland, the move away from a linear economy is starting to gain momentum in Asia as well. With countries like Singapore and Thailand looking to play a leadership role in developing the circular economy in the region.
In recent years, with the establishment of the Japan Open Innovation Council (JOIC) in March 2017, more and more Japanese companies have been actively promoting the idea of open innovation. With many Japanese companies operating beyond borders in search of new solutions, there are increasing opportunities for companies from Singapore and Southeast Asia as well.
Industry: Logistics & Supply Chain
‘Agriculture 4.0’ is a term for the next big trends facing the industry, including a greater focus on precision agriculture, the internet of things (IoT) and the use of big data to drive greater business efficiencies in the face of rising populations and climate change. New agriculture 4.0 technologies can promote farming practices that are more efficient, productive and sustainable and can contribute to climate change mitigation and adaptation.
SGInnovate and Extreme Tech Challenge (XTC) are co-hosting a regional competition that culminates with XTC Singapore Demo Day on 23 March 2022, where outstanding startups will be showcased.
SGInnovate’s Corporate Pitch Event series brings together the community of corporates, CVCs and startups for thought leadership discussions, knowledge sharing and networking.