Better Bite Ventures
Better Bite Ventures is a company.
Financial History
Leadership Team
Key people at Better Bite Ventures.
Better Bite Ventures is a company.
Key people at Better Bite Ventures.
Better Bite Ventures is a venture capital firm founded in 2021 and based in Singapore, specializing in early-stage investments in food technology, agriculture, and climate tech startups across the Asia Pacific region.[1][2] Its mission centers on decarbonizing food production and promoting sustainable agriculture by backing innovations like plant-based and cultivated proteins, biomass and precision fermentation, molecular farming, food waste reduction, and emissions-lowering solutions such as fertilizer alternatives and meat blends.[1][2][3] The firm's investment philosophy emphasizes long-term trust-based relationships, ethical practices, clear communication, and patience for world-changing R&D, with a track record of 24 investments, including recent ones like Qarbotech's $1.5M Seed VC-II in September 2024.[1][2] Better Bite significantly impacts the startup ecosystem by providing founder-friendly funding (e.g., YC-based SAFEs), rapid due diligence, and ongoing support as a "sounding board," while drawing on a network of impact investors, family offices, and entrepreneurs from Asia, the U.S., and Europe.[2]
Better Bite Ventures was established in 2021 by founding partners Simon Newstead and Michal, focusing initially on plant-based meat and dairy innovations tailored to Southeast Asian flavors.[1][2] Simon Newstead, an engineer-turned-founder and impact investor with half-Indonesian, half-Australian roots and experience in Hong Kong, previously scaled Juniper's emerging tech business in Asia, co-founded mobile app company Frenzoo, and launched plant-based food company Bite Society (later sold).[2] Michal, with a background in sustainability, founded Ekowarehouse and co-founded SourceGreen, the world's first global marketplace for sustainable packaging to combat single-use plastic waste.[2] The idea emerged from their shared passion for impact-driven food projects, evolving from a narrow plant-based focus to broader food system decarbonization, including agri-tech—a move Newstead later reflected could have started earlier for better opportunities.[2][3] Early traction built through responsive, founder-friendly processes, earning praise from portfolio companies for backing ambitious ideas from pre-seed stages.[2]
Better Bite Ventures rides the wave of climate tech in food and agriculture, targeting Asia Pacific's high-emission food systems amid global decarbonization pressures.[1][3] Timing aligns with rising demand for sustainable proteins, fermentation-based ingredients, coating tech for food longevity, and solutions reducing fertilizer emissions or food waste—verticals the firm actively pursues into 2025.[3] Market forces like Asia's booming population, local flavor needs, and policy pushes for greener agriculture favor its portfolio, which influences the ecosystem by accelerating early-stage innovations that scale regionally and bridge to global impact investors.[1][2] By supporting founder-led breakthroughs, it humanizes VC in impact investing, fostering a more ethical, patient approach amid food system challenges.[3]
Better Bite Ventures is poised to deepen its 24-investment portfolio with 2025 focuses on emissions-reducing food system plays, from fermentation to waste tech, leveraging its Asia-centric edge.[1][3] Trends like precision ag blends and critical mineral co-products from carbon capture will shape its trajectory, potentially expanding agri focus earlier identified as a missed opportunity.[2][3] Its influence may evolve by mentoring a new wave of diverse founders, amplifying climate-friendly food innovations amid tightening global sustainability mandates—reinforcing its role as Southeast Asia's go-to fund for planet-positive bites.[2][3]
Key people at Better Bite Ventures.