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Roundup: Thailand’s SPACE-F launches foodtech startup programme; Jio raises US$1.2B from Mubadala

Thai incubator SPACE-F launches programme for global foodtech startups

Bangkok based incubator SPACE-F today announced the launch of its programme for global foodtech startups, according to Greenqueen.

Founding partners Thai Union, National Innovation Agency of Thailand, and Mahidol University are pooling funds and industry resources to give each startup US$4,750 to US$12,600 in grants, along with access to an extensive network of VC firms and potential corporate partners.

SPACE-F will also be supporting international applicants by providing them with a special visa to register their business in the country.

The application will be open until July 12.

SMU calls on startups to apply for contest to inspire post-COVID-19 world solutions

The Singapore Management University is looking to invest around US$30,000 in a startup that comes out top in the Lee Kuan Yew Global Business Plan Competition (LKYGBPC) Edition.

The contest will centre around finding innovative ideas and solutions that will help cities, businesses and communities adapt and thrive post-COVID-19.

“The COVID-19 pandemic has brought about unprecedented challenges to individuals and societies, but it has also presented us with opportunities to rethink our way of life and livelihood and to create solutions for the post-COVID world,” said HAU Koh Foo, Director of SMU IIE.

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The contest will be open for student founders, and early-stage startups globally and the applications will be closed on July 15 2020.

India’s Jio receives US$1.2B from Abu Dhabi’s Mubadala

India’s Jio under Reliance Industries has received US$1.2 billion investment from Abu Dhabi-based sovereign investor Mubadala Investment Company, according to The Economic Times.

“I am delighted that Mubadala, one of the most astute and transformational global growth investors has decided to partner us in our journey to propel India’s digital growth towards becoming a leading digital nation in the world,” said Mukesh Ambani, MD, Reliance Industries.

Recently, Jio has received investments from a string of investors, including  Facebook and KKR.

Image Credit:  Pineapple Supply Co.

The post Roundup: Thailand’s SPACE-F launches foodtech startup programme; Jio raises US$1.2B from Mubadala appeared first on e27.