Foodtech Startup GoodMorning Global Raises $4.41 Million through Equities

GoodMorning Global Group, a foodtech company based in Malaysia, has raised MYR 20 million ($4.41 million) through equity crowdfunding. GoodMorning Global announced last Friday that it had raised the fund from 1,046 investors.

Dr. Lim Sin Boon, the firm’s Founder and Executive Chairman, described the success of the equity crowdfunding campaign as a watershed moment in the company's commitment to improving consumer health and creating value for shareholders.

He reaffirmed the group's commitment to contributing to a shared global future by addressing challenges such as climate change, rising sea levels, and food crises by promoting affordable nutritionally balanced plant-based protein food. He attributed GoodMorning's rise to the top grain beverage brand in Malaysia, with a remarkable 70% market share, to its customers' unwavering support and love.

GoodMorning Global has also formed strategic alliances with private companies and academic institutions such as Eastern Arrow LLC, University Tunku Abdul Rahman, and Tunku Abdul Rahman University of Management and Technology to combat global greenhouse gas emissions and food crises. In addition, the company has initiated collaborative research projects in the fields of food and biotechnology. The company also emphasised its global commitment to promoting affordable and nutritionally balanced plant-based protein food.