About Growthwell
Growthwell is a company based in Singapore (Singapore) founded in 2019 by Justin Chou Zhi Qi. Growthwell has raised $30 million across 2 funding rounds from investors including Temasek, Brandify and DSG Consumer Partners. Growthwell offers products and services including HAPPIEE!, EPIC’C™, and Growthwell Food Services. Growthwell operates in a competitive market with competitors including Next Gen Foods, Fattastic Technologies, Shandi Global, Karana and SGProtein, among others.
- Headquarter Singapore, Singapore
- Founders Justin Chou Zhi Qi
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Growthwell Group Private Limited
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Annual Revenue
$8 M (USD)72as on Dec 31, 2022
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Net Profit
-$20.61 M (USD)-345as on Dec 31, 2022
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EBITDA
-$19.52 M (USD)-366as on Dec 31, 2022
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Total Equity Funding
$30 M (USD)
in 2 rounds
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Latest Funding Round
$22 M (USD), Series A
Sep 16, 2021
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Investors
Temasek
& 8 more
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Employee Count
Not available
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Products & Services of Growthwell
Growthwell offers a comprehensive portfolio of products and services, including HAPPIEE!, EPIC’C™, and Growthwell Food Services.
Provides plant-based alternatives for meat and seafood in Southeast Asia.
Offers nutritionally superior alternative proteins for daily consumption.
Supplies inventive plant-based ingredients for businesses and chefs.
People of Growthwell
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Funding Insights of Growthwell
Growthwell has successfully raised a total of $30M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $22 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Growthwell
Growthwell has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Temasek, Brandify and DSG Consumer Partners.
| Investor | Description | Founded Year | Domain | Location |
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Investing in and supporting insurgent consumer brands in India and Southeast Asia.
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Tech and offline sectors are invested in globally by Creadev.
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An investment platform is provided for diverse sectors and geographies.
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Investor details for Growthwell
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Investments & Acquisitions by Growthwell
Investment portfolio details for Growthwell
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Financial Statements - Growthwell
Detailed financials for Growthwell
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Growthwell Comparisons
Peer comparison for Growthwell
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Competitors of Growthwell
Growthwell operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Next Gen Foods, Fattastic Technologies, Shandi Global, Karana and SGProtein, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Plant-based meat alternatives are developed to mimic animal products.
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Plant-based meat alternatives are produced using fermentation technology.
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Plant-based chicken alternatives are offered through Shandi Global's platform.
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Healthy jackfruit-based meals are served at Karana restaurant.
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Contract manufacturing platform for plant-based meats is provided.
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Detailed competitors of Growthwell
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Latest news on Growthwell
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Frequently Asked Questions about Growthwell
Growthwell was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Growthwell is headquartered in Singapore, Singapore.
Growthwell is a funded company, having raised a total of $30M across 2 funding rounds to date.
Annual revenue of Growthwell is $8M as on Dec 31, 2022.
Growthwell was established in 2019 in Singapore as a developer in the plant-based food sector. Various products are offered, including Chickp as a protein alternative, Gomama for ready-to-eat meals, and Okk for egg-free sauces. Private label development services are provided to support customized food solutions. Operations focus on sustainable, plant-derived options within the alternative protein industry.
Growthwell's top competitors include Next Gen Foods, Shandi Global and Karana.
Growthwell offers HAPPIEE!, EPIC’C™, and Growthwell Food Services.
Growthwell has 9 investors. Key investors include Temasek, Brandify, DSG Consumer Partners, CreaDev, and GGV Capital.