German firm LikeMeat's founder launches plant-based meat startup Next Gen in Singapore
Next Gen co-founders Andre Menezes and Timo Recker (R)
Next Gen, a startup offering plant-based meat products, has launched in Singapore.
Next Gen was co-founded by Timo Recker (CEO) and Andre Menezes (COO).
Recker, who infused a seed funding of US$2.2 million into Next Gen, previously founded plant-based meat company LikeMeat. The German company’s products are sold in 10 European countries through 15,000 supermarkets.
Earlier this year, LikeMeat was acquiredby global plant-based food company LiveKINDLY Collective.
Menezes was previously General Manager of Country Foods Singapore, where he was involved in making Impossible Foods.
Next Gen produces and commercialises plant-based meat products. Recker claims their products are 100 per cent plant-based, with the taste, texture and satisfaction of meat.
The startup has a manufacturing capacity of over 5,000 tons per year in place. Based on current average consumption, Recker expects to serve 9,000 restaurants. “We target to launch the consumer brand within the next six months.”……
Food & Beverage Singapore Business Finance
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