Brewed for Success

• 500-backed foodtech company Prefer, known for using fermentation to create affordable and sustainable flavors and ingredients, announced an oversubscribed US$4.2M Series A.
• The team also revealed their first commercial partnerships for international expansion — Ajinomoto in Thailand will develop new, sustainable innovations for coffee, and The Coffee Ferm will license Prefer’s flavor IP to scale local manufacturing and distribution in Australia and New Zealand.
• The company invites coffee and cocoa companies to connect and sample the ingredients via their website. Partners will benefit from working with a commercially proven ingredient that supports cost savings, supply chain resilience, and the planet.
• Prefer plans to scale its pilot production facility in key markets, deepen R&D on cocoa flavor development, and explore partnerships globally, while continuing to focus on Asia.
• “This funding supercharges our mission to prove that fermentation is the key to unlocking the immense biochemical potential hidden within our food system's byproducts, creating a truly sustainable and resilient way to produce the flavours we love,” shared Ding Jie Tan, Co-founder & CTO.
• Read the full story here.