Start-ups behind sustainable aviation fuel and cricket snacks win S$1m in funding each

Start-ups behind sustainable aviation fuel and cricket snacks win S$1m in funding each

ENGLISH JET FUEL

Green Air Fuel Technology, or GAFT, replaces conventional jet energy with an alternate type of fuel that uses carbon dioxide and clean energy, which is a significant issue in aviation.

Used cooking oil, which is the usual fuel used to create sustainable aviation gasoline, is not used in this project.

“There’s certainly a whole lot of that stuff round, ” GAFT’s vice-president of business development Martin Spencer told CNA’s Singapore Now.

“The solution that we’re making is something that ’s very similar to used cooking fuel, but wholly chemical. ”

Mr. Spencer stated that the start-up is attempting to increase demand for lasting aviation fuel in order to join a new goal set by Singapore. All international flights departing from the nation will be required to apply at least one percent sustainable aviation fuel starting in 2026, with a goal of increasing it to 3 to 5 percent by 2030.

In addition, GAFT will look to produce its alternate fuel in Singapore as part of its strategy to look into opportunities that unusual companies have there.

SERVING UP CRICKET CHIPS

In terms of Cricket One, co-founder Bicky Nguyen said that due to climate change and limited sources, people may have to sacrifice the pleasure of eating meat protein every day.  

The start-up has come up with baseball cards.

What we need to do is incorporate the nutrition from insects into the finished product, Ms Nguyen told CNA, because we realized that giving consumers a full insect might be too crazy for them.

Cricket One’s materials are already being sold in 27 states. Ms. Nguyen stated that her business will concentrate on selling its wholesale products in Singapore and Vietnam.  

In April of last year, the Singapore Food Agency announced that 16 different species of insects, including larvae and crickets, may be given the go-ahead for use in the second quarter of 2023.  

However, the company has certainly given approval already. In January, it stated that the application details were still being worked out and that the regulatory framework would be introduced in the first half of this year.

According to Ms. Nguyen, “our aim is to expand and reshape our food program, and the best way to go about doing so is to harmonize the available food options.”

“There is a function coming in with pests because they are more sustainable and ( they have ) a more efficient gardening procedure… They’re packed with minerals, vitamins, and even especially protein. ”