Growthwell Foods
Growthwell Foods, a Temasek backed food-tech startup, is Asia’s leading plant-based nutrition company. Growthwell Foods develops plant- based brands like HAPPIEE! currently available in leading supermarket chains in Singapore such as Cold Storage, NTUC FairPrice, Prime Supermarket, and RedMart. Working towards its vision of harnessing the power of plants to nourish a billion lives, the company …
Profile
Growthwell Foods is a Singapore-based plant-based nutrition company producing plant-based meat and seafood alternatives (e.g., HAPPIEE! using konjac) and chickpea-based ingredients/foods such as EPIC’C chickpea milk, aiming at Asian palates. Founded in 2019 (Growthwell traces roots to 1989), it’s headquartered at 15 Senoko Drive, #05-06 JTC Food Hub, Singapore 758202. Its technology includes Singapore’s first fully automated large-scale plant-based production line producing up to 4,000 metric tonnes/year, plus high moisture extrusion (HME) to improve texture. Core brands: HAPPIEE!, EPIC’C™, and Growthwell Food Services. Funding/ownership: seed US$8M led by Temasek (with DSG Consumer Partners, Insignia Ventures, Genesis Alternative Ventures, Brandify, and others) and Series A US$22M led by Creadev, with participation from GGV Capital, Iris Fund, and existing investors Temasek and DSG Consumer Partners; company is privately held (no stock listing). Scale: 37 employees as of 2023; public revenue/capacity beyond 4,000 tonnes/year not provided. Key partners/customers named include Country Foods (100% SATS subsidiary) as distributor, Indoguna as distributor, and Berjaya Corp’s Country Farms Group for Malaysia distribution; HAPPIEE! is sold at selected FairPrice and Cold Storage outlets. Latest 2025–2026 developments: no 2025–2026 updates are present in the provided results, so continued activity/status after 2024 cannot be confirmed from these sources.
Sources#
- Growthwell Foods – Growthwell – The Plant-Based Nutrition Company
- Our Brands – Growthwell Foods
- About Us – Growthwell Foods
- Growthwell Foods Launches Singapore’s First Plant-based Protein Innovation, R&D and Manufacturing Facility – Growthwell Foods — 2021-11-24
- Growthwell Group Raises US$8 Million for Regional Scale-up — 2020-04-27
- Growthwell Foods Raises US$22 million in Series A Funding led by Creadev – Growthwell Foods — 2021-09-16
- Growthwell 2026 Company Profile: Valuation, Funding & Investors | PitchBook
- Introducing New Homegrown Plant-based Brand HAPPIEE! – Growthwell Foods — 2022-01-14
- Industry
- Alternative proteins, Fishery & aquaculture, Food ingredients
- Topics
- Plant-based meat, dairy & egg
- Role
- Producer — “…nt needs. - Technology and manufacturing: - State-of-the-art, fully automated large-scale production facility…”
Bio-solutions it supplies 0
Not yet cited as a supplier in a graded solution.
What they offer
Subsidiaries: Growth Well Industry Sdn Bhd (Malaysia)
News & status 6
- 2025-05-21 Temasek sees plant seeds as a game changer to fixing the broken global food system - The Business TimesGrowthwell Foods is a Singapore-based食品 manufacturer partnered with an Israeli firm to develop chickpea protein ingredients for broader food applications, highlighting its role in expanding plant-based protein options within Temasek’s extensive portfolio.
- 2025-03-17 The Growth Behind GrowthwellGrowthwell Foods is a rapidly expanding plant-protein and seafood alternatives company, grown from founder Justin Chou’s pivot from a hawker stall to a globally present brand with Happiee! in over 1,400 UK stores and a valuation exceeding USD 100 million. The …
- 2025-04-23 Happiee launches ‘UK first’ easy cook lion’s mane mushroom rangeGrowthwell Foods, through its Happiee brand, is expanding into UK-market ready-to-cook lion’s mane products as part of a broader move to position plant-based options as wholefood, nutrient-rich and less ultra-processed, leveraging demand for healthier, less …
- 2025-04-24 Happiee Launches "UK's First" Easy-Cook Lion's Mane Mushroom Chunks - vegconomist - the vegan business magazineGrowthwell Foods is the parent brand behind Happiee, the plant-based line that launched the UK’s first easy-cook lion’s mane mushroom chunks, signaling its continued expansion into nutrient-rich, wholefood plant-based products and the UK market.
- 2025-09-22 TRENOS SiGINT: Singapore Food Outlet Closures Sees Convenience & Plant-Based SurgeGrowthwell Foods is highlighted as a local player pushing plant-based options in Singapore, notably through its HAPPIEE! seafood/meat analogues, helping normalize plant-based within mainstream channels. The report also notes Growthwell alongside …
- 2026-05-02 The man who built Greendot (14 outlets), GLife & Growthwell. Three businesses with a combined valuation of $100M+. | Tan Jun HaoGrowthwell Foods is highlighted as one of Justin Chou’s three ventures (along with Greendot and GLife) built into a successful, multi-invested business portfolio valued at over $100M collectively.
Network: owners, partners, peers
Ownership & investors 10
| investor | Temasek |
| investor | Creadev |
| investor | DSG Consumer Partners |
| investor | Insignia Ventures |
| investor | Genesis Alternative Ventures |
| investor | Brandify |
| investor | Koh Boon Hwee |
| investor | GGV Capital |
| investor | Iris Fund |
| subsidiary | Growth Well Industry Sdn Bhd |
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