Alchemy Foodtech Pte. Ltd. announced that it has raised $3 million in a round of funding on December 22, 2022. The transaction included participation from new investors Thai President Foods Public Company Limited,Pine Venture Partners Pte Ltd,Selera Kapital, returning investors Fuchsia Venture Capital,SEEDS Capital Pte.

Ltd.,Heritas Capital Management Pte. Ltd., and Thai Union Corporate Venture Fund, a fund managed by Thai Union Group Public Company Limited, Investment Arm. The round was oversubscribed.