SaladStop! Group has successfully closed a SGD12 million Series B investment round led by Temasek to enhance its digital transformation and expand its healthy food offerings across Asia.

Target Information

SaladStop! Group is recognized as the first and largest healthy food chain in Asia, established in 2009 in Singapore. The Group has successfully expanded its operations, currently managing 69 outlets across eight markets, including Singapore, Hong Kong, Indonesia, Vietnam, the Philippines, Japan, Korea, and Spain. With over 800 employees, SaladStop! Group not only leads in providing health-conscious food options but also operates four distinct brands: SaladStop!, Heybo, Wooshi, and Good Food People.

The Group has a substantial impact, reaching approximately 3.5 million people annually, by offering nutritional transparency and climate-positive food choices. Its ambitious vision is to become the leading personalized nutrition company in Asia, which it aims to achieve by enhancing its existing business model, expanding its cloud kitchen operations, and fostering tech-enabled growth through proprietary technologies.

Industry Overview

In recent years, the healthy food industry in Asia has experienced significant growth, driven by increasing consumer awareness towards healthy eating and environmental sustainability. The rise of lifestyle diseases a

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Temasek

invested in

SaladStop!

in 2021

in a Series B deal

Disclosed details

Transaction Size: $9M

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