Singapore food startup Mekhala raises S$1m in seed round, eyes US expansion

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SINGAPORE food innovation startup, Mekhala, has raised S$1 million in seed funding to expand its global footprint, particularly in the United States, the company said in a press statement on Tuesday. Read more at The Business Times.

Mekhala will use part of the capital to increase distribution lines to almost 600 Whole Foods Markets stores around the US, as well as to improve their facility in Thailand, the company added.

Said Sirius Venture Capital's Mr Wong:"I am impressed with Mekhala's innovative products and Daphne's passion and drive... The paste and sauces taste great, and are suitable for international taste buds. We hope one day it will be a global brand. We are happy to fund Mekhala's bold step in bringing a Singapore consumer brand with an Asean flavour to America."

Among other things, the company which manufactures its products out of a factory in Chiang Mai, created a symbol system to hire illiterate workers, promotes fair work practices for women, and runs an internship programme for underprivileged Myanmar youths from the School of Hope.

 

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