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Robo-breadmaker firm Zimplistic gets US$30m in series C funding

Singapore

ZIMPLISTIC, the creator of flatbread-making robot Rotimatic, has signed a US$30 million series C funding round led by private equity fund Credence Partners and EDBI, the investment arm of Singapore's Economic Development Board.

The investment comes after Zimplistic announced US$20 million in revenue in its first year of sales, and its expansion into five new markets: the ...more

Sibling duo gearing up to take the reins at family kitchenware business

Huilin Quek and her brother Kwan Yi Quek were only six and three when their parents started Q Industries, a company supplying tableware to restaurants and hotels, in 1987.

The idea for the business came from their mother, Mrs Jacqueline Quek, who had always loved hospitality and secretly harboured dreams of becoming an air stewardess in her younger years.

Though she eventually took ...more

Singapore Kitchen Equipment seeks dual listing on HK GEM board

Singapore

CATALIST-listed Singapore Kitchen Equipment is seeking a dual primary listing of its shares on the Growth Enterprise Market (GEM) board of the Stock Exchange of Hong Kong (SEHK) through a share offer.

The company, which deals in the fabrication and distribution of commercial kitchen equipment, announced in a statement on Wednesday that the opportunities provided by the dual ...more

Mix it up, robot bartender

PERFORMERS in the style of Daft Punk may no longer be the only robots at music festivals. Thanks to a whiz-kid's home-grown startup, the bartender might be one, too.

Tushar Mohan, 24, has cooked up an automated drink dispensing system - capable of mixing cocktails and air bandung alike - that his firm, Souschef, offers for hire.

Different storage containers each hold an ingredient ...more
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