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Singapore-based TreeDots gets $11M Series A to cut food waste in Asia


Every year, tons of food ends up in landfills because of cosmetic issues (they won’t look nice in stores) or inefficiencies in the supply chain. Singapore-based TreeDots, which says it is the first food surplus marketplace in Asia, wants to help. The company is focused on creating a vertically integrated supply chain with a B2B marketplace and a social commerce feature for group buying by consumers. It is also developing its own cold-chain logistics infrastructure to help food reach end users more quickly. TreeDots announced today that it has raised an $11 million Series A led by Amasia and East Ventures, with participation from investors including Active Fund, Seeds Capital, au …

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