SINGAPORE (May 11): Eight pre-Series A startups involved in food technology (foodtech) and agriculture technology (agriculture) have been named as finalists in the inaugural edition of the Future Food Asia Award (FFAA).

As many as 100 startups applied for the award during the application period between Jan and April 2017, says Isabelle Decitre, CEO of awards organiser ID Capital. Her company is a boutique investment firm and consultancy that aims to help startups build sustainable food solutions.

Singapore startup Smart Animal Husbandry Care is developing an earpiece for pigs, which can predict when a sow is ready for breeding. This helps pig farmers optimise their yield and productivity. The company hopes to cater to China’s growing pork market.

Biolight from South Korea develops and manufacture medical devices that use light to activate mitochondria in animal cells, hence helping improve the immunity of livestock. Its technology uses light to activate mitochondria in animal cells, which serve as metabolic regulators of immune responses to pathogens and cell stress.

Agrint Sensing Solutions is a US-based company that has developed a solution to detect the Red Palm Weevil. This is said to be the most harmful pest to palm and coconut trees, in part because it is very difficult to detect. Agrint is applying military-grade technology to the production of a low-cost and low-energy sensor that can be installed on any tree and transmits real-time early detection notifications as pests penetrate the host.

Taiwan-based Bethesda Scientific’s proprietary microencapsulation technology allows for controlled release of an active agent over a prolonged period of time. It is currently being tested on rice seedlings and has proven to prevent pests without leaching of the agent, thus reducing the negative impact on the ecosystem.

Israel’s Doux Matok has developed a flavour delivery technology to provide enhanced sweetness or saltiness without any aftertaste. The product uses less sugar or salt, but has the same sensory effect.

Eruvaka Technologies, an aquaculture IoT company from India, has developed connected devices and mobile-based decision tools for affordable monitoring and automation of aquaculture farms. This is said to significantly reduce cultivation risk and increase feed efficiency, while enabling higher stocking densities, delayed harvest, as well as increased profitability.

China’s Farm Friend claims to be the “Uber of agriculture drone services”, having built a scheduling system to match farmers’ spraying needs with the availabilities of drone pilots and relevant drone equipment.

Last but not least, India’s String Bio is a company that applies a biological conversion process to methane gas to produce a range of products. It can even produce single-cell proteins used for animal feed. Its technology leverages advances in synthetic biology, fermentation technology, chemistry and process engineering to produce a reliable and cost-effective protein.

An innovation prize of US$100,000 ($140,630) is to be awarded to the grand winner at the Future Food Asia Award 2017 event held at Tanglin Club on May 26, where the finalists will be presenting their companies to an audience of investors, corporations and technology teams.

Keynote speeches on the topic of food and agriculture technology and sustainability will also be conducted as part of the award event agenda.

FFAA is supported by the Economic Development Board (EDB) of Singapore as well as Archer Daniels Midland Company (ADM), one of the world’s largest agricultural processors and food ingredient providers.

The Future Food Asia Award 2017 event is open to financial and impact investors, entrepreneurs, multinational corporations, small medium enterprises and academics.

Click here for more details on the event agenda and admission prices.