Vegconomist: Impact investor Dao Foods International is one of the key players in the new protein
Updated: Sep 28, 2021
Impact investor Dao Foods International is one of the key players in the new protein revolution currently taking part in China. Along with its investment partner New Crop Capital, Dao Foods has launched an incubator project for plant-based startups and entrepreneurs, whose first cohort has the potential to make a huge impact in Asia.
Dao Foods and NCC also invested in Chinese foodtech company Starfield Food, producer of China’s first and only ground beef analog, which since then has already partnered with six restaurant chains, including Papa John’s, to sell its vegan meat in Chinese foodservice.
We were extremely interested to speak with Dao Foods’ co-founder Albert Tseng about the incubator program and the Chinese market as a whole.
Originally Published in: Vegconomist