Huge thank you to the Singapore Economic Development Board (EDB) for their recognition and collaboration of the work that UNLEASHED by Purina and Nestlé Purina PetCare Asia, Oceania and Africa is doing in #AOA to build the pet tech community of startups and investors. 😍 🚀 #PetTech is certainly the next big space in Asia! 🐕 Rakuten Insight showed that on average, in one third (32%) of the population in twelve markets examined, dog has been confirmed as man’s best friend. Cats followed closely with 26% of pet ownership, the exception being Indonesia and Malaysia with an ownership rate of cats (47%, respectively 34%) outstripping ownership of dogs (10%, respectively 20%). 🐈⬛ What an event! We are thrilled to have met so many passionate pet tech founders and investors. To the next one! #unleashedinsingapore #unleashedevents #petinnovation #petstartups #petinvestors
#PetTech is thriving in APAC, with pet-tech #startups expected to hit US$29b in market value by end-2024, according to Pitchbook data. To promote collaboration and investment in pet-tech, UNLEASHED by Purina, Nestle’s global pet-tech accelerator, hosted their first-ever startup meetup for Asia, Oceania, and Africa (AOA) on Sentosa. Co-organised with Singapore-based pet-tech firm ZumVet, the event brought together over 80 global startups and 20 investors, with 10 startups joining a pitch competition to present their innovations – the top two startups are TABPS Pets Pvt Ltd and RABO, Inc. / Catlog. Emerging trends driving pet care innovations in AOA – which have over 1,900 pet startups – are: ⚪ AI-powered solutions for smarter pet care ⚪ Computer vision applications for health diagnostics and pet monitoring ⚪ Sustainability-focused products addressing environmental concerns As the site of Nestle Purina’s AOA regional headquarters, Singapore provides Nestle Purina with a ready ecosystem of partners to catalyse the development of innovative solutions. Learn how Nestle Purina plans to shape the future of pet care from Singapore: https://lnkd.in/gdnXWUmv 📸 : UNLEASHED by Purina