CEO Sato pitched at AFTEA exhibition in Singapore
Morus has the vision of “creating a new era of protein sources and new food options with low environmental impact.” We are the first Japanese company* ever to be selected for Innovate 360 acceleration program in Singapore. Innovate 360 is recognized as a technological partner by Asia Pacific Economic Corporation (APEC) Policy Partnership on food security. We were selected for our potential in international growth. We will take this selection as an opportunity to accelerate full-scale global business expansion. We will also participate in the exhibition at Agri-Food Tech Expo Asia (AFTEA), which is part of this acceleration program.
*From Innovate 360 past selection results
■ What is Innovate 360?
Innovate 360 is Singapore’s first food accelerator with facilities and venture capitalists. It is recognized as a technology partner by the Asia Pacific Economic Corporation’s (APEC) Policy Partnership on Food Security. Startups can take advantage of the equity-free S$50,000 StartupSG Founder grant and collaborate in Singapore via EntrePass (for foreign startups). We currently support over 100 food startups in deep tech, agritech, food sustainability, and health and wellness. Innovate 360’s Asia Food Sustainability Fund helps startups create a real impact. We make initial investments in Series A startups in Asia and global startups with an eye on Asia.
■ What is AFTEA (Agri-Food Tech Expo Asia)?
The future of food sustainability and safety Agri-Food Tech Expo Asia (AFTEA) is the region’s leading showcase platform for products, services and solutions at the forefront of innovation in the global agri-food and agri-tech industry. is. Now in its second year, the Expo allows your business to network, collaborate, exchange knowledge and establish long-term partnerships to strengthen and advance the needs of the international agri-food technology industry. We are focused on making sure that. https://www.agrifoodtechexpo.com/sg
■ Comment from Morus CEO Ryo Sato
“We are very honored to be the first Japanese company to be selected for the Innovate360 program, a leading accelerator in Singapore. We were selected because of the potential of our raw materials from a food science perspective, as well as our team that has already expanded its business globally. We hope to accelerate business growth from Singapore and Japan, which will serve as the foundation for global expansion.”
■ Comment from John Cheng, CEO & Founder, Innovate 360
“We are very excited to have our first Japanese startup, Morus as part of our 2023 accelerator cohort. This is a defining moment where we hope can see more startups from Japan apply to for future events of our program that takes startups to Singapore and the rest of the world.”
■ Company profile
Morus is an R&D-focused startup company that conducts research and produces biomaterials made from silkworms, the insects that have supported development of the Japanese economy. Our mission is to solve global problems such as the protein crisis by creating new raw materials from silkworms and supplying them to multiple industries through efficient mass production.
Silkworms are naturally rich in protein, have abundant nutrients, and are full of potential. There have been great advances in the research of silkworms’ unique nutrients that are not found in other insects. Silkworms are suitable for mass production because of their nature of not escaping and not cannibalizing, that has been developed over the long history of domestication. Ongoing research on silkworms continues to yield new discoveries. We believe silkworms will solve the global food crisis and even health problems using Japanese technologies and new research findings.
If you are interested in our silkworm raw materials or joint research and development, please feel free to contact us using the inquiry form below.
