Ento Industries, a yellow biotechnology startup based in Singapore, has raised an undisclosed amount in fresh funding from a pair of ESG-focused investors.
Don t squash it: Insects are helping to combat Singapore s food waste problem Toggle share menu
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Don t squash it: Insects are helping to combat Singapore s food waste problem About 744 million kg of food waste – the equivalent of 51,000 double-decker buses - was generated in 2019. One company is hoping its army of insects will be able to help chomp through that problem. Money Mind reports.
Black soldier fly larvae can consume up to twice their body weight every day.
08 Mar 2021 09:38AM) Share this content
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SINGAPORE: Singaporeans love their food. Unfortunately, that also means that food waste is a big problem in Singapore too.
March 9, 2021
SINGAPORE (CNA) – Singaporeans love their food. Unfortunately, that also means that food waste is a big problem in Singapore too.
According to the Singapore Ministry of Sustainability and the Environment, food waste is one of the biggest waste streams. The amount of food waste generated in Singapore has increased by about 20 per cent over the last 10 years. In 2019, Singapore generated 744 million kilogrammes of food waste – the equivalent of 51,000 double-decker buses.
Only 18 per cent of food waste is recycled, while the rest is incinerated.For Nathaniel Phua – the founder and CEO of a biotechnology company that uses insects to consume and repurpose food waste – the numbers were shocking.