Singapore's Temasek invests millions into push for sustainable food start-ups

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Singapore's Temasek invests millions into push for sustainable food start-ups
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Temasek is looking to boost the growth of alternative proteins in Asia, as the appetite for environmentally friendly products swells across the globe.

Singapore state investor Temasek is looking to boost the growth of sustainable foods and alternative proteins in Asia, as the appetite for environmentally friendly products swells across the globe.

Capital is aflush ... The size of deals is increasing, and more and more interest is coming from around the world.The initiative should help buoy other investments in the agriculture technology, or agritech, industry, Anuj Maheshwari, managing director of agribusiness in Temasek, told CNBC's"Capital is aflush. There are impact investors, there are private equity funds and venture capitalists," Maheshwari said Tuesday, referring to investment in the industry.

over the next decade to satisfy consumer demand for healthier and more sustainable food options, according to joint research from Temasek, PwC and Rabobank.

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