Tolaram-led funding raises over US$700,000 for food-tech startup Shandi
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SINGAPORE-BASED food-tech startup Shandi has raised more than US$700,000 in a second-seed funding round led by Tolaram Group, one of Africa's largest packaged food conglomerates.
The fresh capital will be used to set up a manufacturing facility in Singapore to commercialise and scale Shandi's proprietary plant-based chicken products, including expanding partnerships in the food sector, said Tolaram in a media statement on Wednesday.
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