"Better Bite were our first check. Simon & Michal aren’t afraid to back ambitious projects early”
"The team were super responsive and friendly. We had a great experience in our pre-seed”
"Michal and Simon believed in us from the earliest days, through all the ups and downs"
Working to become China’s leader in mass-market alt protein ingredients using biomass fermentation, co-founded by Chenfeng Lu and Juchuan Zhou
China’s pioneering cultivated meat startup, co-founded by Ziliang Yang, Ning Xiang, Binlu Huang and Ran Liu
Founded in Australia and reinventing cheese globally with precision fermentation technology, co-founded by David Bucca and Prof. Junior Te’o
Transforming mushrooms into meat, co-founded by Michael Fox and Jim Fuller, headquartered in Australia and expanding globally.
South East Asia’s leading plant-based meat and dairy startup, co-founded by Helga Angelina and Max Mandias in Indonesia
Recreating the magic of human breast milk. Addressing a large infant nutrition market with cell-based technology, co-founded by Esha Saxena and Luis Malaver-Ortega in Australia
Developing cultivated poultry out of Singapore, co-founded by Elwin Tan, Jason Chua, Benjamin Chua and Prof. Teh Bin Tean
Miruku, pioneering the future of dairy through the new frontiers of applied botany a.k.a. molecular farming technology, co-founded by Amos Palfreyman, Ira Bing, Oded Shoseyov and Harjinder Singh in New Zealand.
Next Gen Foods, makers of TiNDLE plant-based chicken, co-founded by Timo Recker and Andre Menezes, based out of Singapore
Tackling sustainability issues of seafood by developing cell-cultured fish, founded by Mihir Pershad in Singapore
An experienced startup operator and investor. 12 years in Asia Pacific. Ex-Naspers. Michal grew OLX Indonesia to millions of users and launched Thailand's leading C2C marketplace with Tencent. Driven by environmental sustainability, plant-based for years and dedicated to accelerating the alt protein industry in Asia.
Future Food Now newsletter
Startup founder and impact investor. Half Indonesian, with years based in Hong Kong. Scaled Juniper's emerging tech business in Asia, and co-founded mobile game company Frenzoo, plant-based food company Bite Society (sold) and vegan fashion brand Kinds of Grace. Over a decade vegan, Simon is active in effective altruism and earn-to-give movements.
Vegan Startup Podcast
Serial entrepreneur, the founder & editor-in-chief of Green Queen, an award-winning impact media platform and one of the world's leading outlets for alternative protein news and analysis. She founded Ekowarehouse and co-founded SourceGreenPackaging.com, the world's first global marketplace for sustainable packaging with a mission to fight single-use plastic waste.
Better Bite is backed by major impact investors, growth stage fund managers, family offices as well as food and tech entrepreneurs from Asia, the U.S. and Europe. We also collaborate with technical experts in food science, cultivated meat and other areas of biotechnology. We're thankful for the support of our Better Bite Tribe!
Here's a common flow.
At each step we'll get back to you if we're good for the next step. If not, we'll share why.
Normally a zoom to get to know you, your team and vision, and also for us to answer any questions you have. The session is friendly and informal.
We'll send questions to help us understand the market, technology and your team better, so we can do our assessment. If you have a data-room, this is a good time to share it. It's also a chance to talk with our other founders.
Based on this Michal and Simon will come to a go/no-go decision.
We suggest a YC based SAFE which is founder friendly, fast and simple. We're fine with convertible notes or equity too. Once valuation and terms are agreed, we'll do a 1-page termsheet.
Next is due diligence which we try to finish within a few weeks.
Once due diligence is done and we're all happy, we'll sign legals and transfer the funds!
From that point, as one of our portfolio companies we'll support your startup journey all the way. Whenever you need help or a sounding board we're here.
Above all, we value long term relationships built on trust, rather than short-term, zero-sum thinking. We know world-changing R&D takes time - and that's just fine with us.
We will always respect your wishes and what's confidential will never be shared. How we do what we do is important.
We've been on the other side of the table raising money, and we know what it's like to be ghosted by VCs who don't respect your efforts. We promise to always let you know where you stand and answer your questions clearly.
Sitting around waiting for days or weeks for a reply to a message is frustrating. We strive to always stay fast and responsive, and avoid red-tape.
At the end of the day, our top priority to help you succeed. Everything else is secondary.
Apart from supporting startup founders, we also make time for intiatives like the Vegan Startup Podcast, career advice and mentoring.
We also give to environmental, animal welfare and effective altruism causes. For us it's about planet and purpose.
Monthly emails on Asia's alt protein industry and the latest portco updates.