Covid-induced food insecurity has exposed under-investment in food tech, says sustainability entrepreneur

Past winner of sustainability innovation competition The Liveability Challenge says the pandemic has shown that too much money and brainpower has been invested in traditional technologies, and not enough in tech to safeguard food security.

Global supply chain disruptions brought about by the Covid-19 pandemic have exposed a lack of investment in food technology that could have eased the food security issues that have affected many parts of the world this year, a sustainability entrepreneur said on Wednesday (8 June).

Speaking at the grand finale of sustainability solution competition The Liveability Challenge, former winner Eugene Wang, the founder of a firm that makes meat substitutes from microalgae, said that the investment community has been too preoccupied with communications and internet technology, and insufficiently focussed on tech that can improve agriculture and food production, supply and distribution.

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