12 Dec '12, 4am

Asia's Leading Food App Burpple Raises $500,000 Seed Fund: Burpple Pte. Ltd., the Singapore-based startup behind...

Asia's Leading Food App Burpple Raises $500,000 Seed Fund: Burpple Pte. Ltd., the Singapore-based startup behind...

Burpple Pte. Ltd. , the Singapore-based startup behind the highly impressive food app for iPhone, has just obtained its first major funding of US$500,000, led by Neoteny Labs along with QuestVC. Both VCs are poised to strategically assist Burpple to expand its product functionality and extend its market reach. Neoteny Labs has a depth of experience in investing and growing early stage startups in Japan and Asia-Pacific region, whereas QuestVC can help Burpple to accelerate market penetration in China and Southeast Asia. It is worthy to note that Neoteny Labs has also invested in growing global startups like Path and Viki. According to James Chan, Principal of Neoteny Labs: Food and meals are an integral part of our daily routine. The individual’s relationship with the dishes he or she has eaten or would like to try remains a white space that hasn’t been properly addressed ...

Full article: http://www.forbes.com/sites/limyunghui/2012/12/11/asias-l...

Tweets

Neoteny Labs and QuestVC funds #social #food diary app Burpple

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