Despite its global dominance, China’s agrifood tech investment landscape had a slow start when it first emerged due to the general tendency to focus on consumers and end-products. However, of recent, we have seen signals that the market is undergoing a shift from mid to upstream investment, in order to address key challenges in the supply chain. In an area rife with investment opportunities and emerging talent, what are the opportunities and barriers for startups in the market? How might COVID have impacted the sector?
Winne Leung – VP, Bits x Bites
Winnie Leung is VP at Bits x Bites, a food tech venture capital fund focusing on the Chinese market. To date, it has invested in companies that are advancing gene editing for high-performing crops, functional chickpea-based protein ingredients, as well as cost-efficient, non-GMO meat production from animal cells without an actual animal.