Innovate360
9 Chin Bee Drive, #06-01, Innovate 360 Innovation Hub, Singapore, Central Singapore, 619860
Overview
Innovate 360 is a venture capitalist & food accelerator with facilities recognized by the Asia Pacific Economic Corporation (APEC) as a food technology partner in food security.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Float Foods
Participated · Seed · Jun 2021
Float Foods is a Singapore-based startup that has developed OnlyEg, a legumes-based plant-based analogue of a whole chicken egg. OnlyEg is produced in two parts—a white and a yolk substitute—so it can be prepared similarly to real eggs and used in dishes like soft‑boiled eggs and sunny‑side‑ups. The company was founded by serial entrepreneur Vinita Choolani about one year ago and operates out of the Innovate360 foodtech incubator workspace. Float Foods is refining OnlyEg in the lab to enhance nutritional benefits and extend shelf life, and expects consumer availability in Singapore next year. It plans regional expansion into markets including China, India, and Indonesia, and is developing ancillary plant-based products—egg patties and shreds—for B2B sales later this year. Financially, the startup raised S$2.2 million in seed funding and previously secured an undisclosed grant from the Temasek Foundation.
Team
No current team members are available.