Daily Briefing: Three commercial shophouses for sale at $31m; EDBI invests in dental 3D printing startup

And Masik Enterprises co-led the funding of Vietnamese food tech startup.

From iCompareLoan:

Three commercial shophouses have been put up for sale via Expression of Interest (EOI) at a collective price of $31m, Knight Frank Singapore announced.

The conservation shophouses are located within District 1, at Telok Ayer Street, Stanley Street and Smith Street respectively. The shophouses can be purchased individually or as a portfolio.

The shophouse in Telok Ayer Street has a land area of approximately 146.2 sq m (about 1,574 sq ft) and built-up area of approximately 297.36 sq m (about 3,198 sq ft). Its guide price is at $12m.

Read more here.

From DealStreetAsia:

Dental 3D printing startup Structo has secured a new round of venture funding from top Asian investors. According to a statement, the investors joining the round include Singapore Economic Development Board’s investment arm (EDBI), GGV Capital, Wavemaker Partners and Temasek-backed, Pavilion Capital.

The investment sum was not disclosed. Structo plans to use the latest round of funding to further develop its digital additive manufacturing solutions, and launch new products that leverage automation to enable the mass production of custom patient-specific products.

The startup develops 3D printers and solutions for the dental industry, and considers itself to be the only company globally to do so.

Read more here.

From e27:

Masik Enterprises and 500 startups led an undisclosed amount of funding for the Vietnam-based food technology startup Cricket One.

The startup said that funding will be used for further R&D and study of the cricket protein structure, whether its bioactive peptide chain is defined and extracted correctly for biological assemblies to provide ingredients not only for food but also cosmetics and pharmaceuticals.

Cricket One was founded by Nam Dang and Bicky Nguyen in 2017 to promote crickets as food sources beyond the East and Southeast Asian countries. The company initiates to farm and process crickets as a high-protein, high-mineral food source whilst helping to improve the livelihood of farmers and to productively utilise their agricultural by-products through technology.

Cricket One has been managing over 25 million crickets per month, with the flagship Cricket One product — a 60-70 per cent protein and 7% fiber cricket powder — being sold to bakeries and chip makers in the EU and USA.

Read more here.