Bird & Bird ATMD LLP advised ABC Impact on its investment in AI-driven food waste management startup Winnow
Contacts
Bird & Bird ATMD has advised ABC Impact, a Singapore-based impact private equity fund backed by Temasek, in its investment by way of a subscription of new shares and purchases from existing shareholders in Winnow, the global leader in AI-driven food waste reduction solutions.
The Bird & Bird ATMD LLP team comprised Partner Marcus Chow, Counsel Jolie Giouw and Associate Xing Yi Tan.
Lead Partner Marcus Chow said, “We would like to express our gratitude to the ABC Impact team for their continued trust and support in the Bird & Bird team. We have been advising ABC Impact on various matters and significant impact investments including their investment of US$36 million in Iceotope Technologies and in the £20 million Series B fundraising round of Polymateria. It has been a privilege to witness how these funds ultimately contribute towards a more sustainable future.”
Counsel Jolie Giouw added, “This strategic partnership between ABC Impact and Winnow marks a significant achievement in the global fight against food waste. We are pleased to have been part of the team involved in advancing Winnow’s mission to help the global hospitality community reduce food waste through the utilisation of AI technology, and look forward to continue supporting ABC Impact team as their trusted legal advisors.”
The team has a track record of advising ABC impact, which includes ABC Impact’s US$36 million investment in Iceotope Technologies and ABC Impact’s investment in the £20 million Series B fundraising round of Polymateria.