Food and Beverage Trailblazers Podcast Episode 1

PODCAST: Bite Society’s Simon Newstead on his mission to lower vegan product prices worldwide

By Pearly Neo

- Last updated on GMT

In the very first episode of our new Food and Beverage Trailblazers podcast, we speak to vegan start-up founder and angel investor Simon Newstead about his mission to both lower the prices of vegan products worldwide, as well as to help put more vegan start-ups on the map.
In the very first episode of our new Food and Beverage Trailblazers podcast, we speak to vegan start-up founder and angel investor Simon Newstead about his mission to both lower the prices of vegan products worldwide, as well as to help put more vegan start-ups on the map.

Related tags vegan Podcast

In the very first episode of our new Food and Beverage Trailblazers podcast, we speak to vegan start-up founder and angel investor Simon Newstead about his mission to both lower the prices of vegan products worldwide, as well as to help put more vegan start-ups on the map.

Establishing a start-up is on its own no easy task, but Newstead has attempted to take the challenge one step further by pledging to make zero profit.

He is also eschewing traditional top-down marketing and investment approach that most smaller companies would look to.

Bite Society’s first products to launch are a vegan chocolate ball and a vegan chocolate bar, and despite the challenges these products are already in three different countries: Australia, New Zealand and Hong Kong, with China and Singapore also in the pipeline.

“The advantage of bootstrapping and not having investors is that you can start with a blank slate and say okay, what would the ideal, mission-driven food project be, and how can we really make an impact,”​ he told FoodNavigator-Asia.

In addition to this, he aims to make the entire model transparent so as to share all learnings and valuable experiences with other start-ups in the vegan industry via the firm’s website, and claims to have already helped five other companies in their attempts so far.

“That’s the bigger goal of Bite Society, to inspire and help other vegan start-ups,”​ he added.

Newstead is also an angel investor, particularly concentrating on plant-based and cell-based meat start-ups such as Singapore’s Shiok Meats, and would generally base his investments on the start-up’s probability of success and the impact it would bring.

Listen to the podcast above to find out more.

Listen to the episode on Apple Podcasts »

Never miss an episode. Subscribe to the Food & Beverage Trailblazers podcast on Apple Podcasts​ to get new episodes as they become available

Related news

Show more

Related products

show more

Elevate your snacks with novel cheese flavours

Elevate your snacks with novel cheese flavours

Content provided by Givaudan | 23-Feb-2024 | Product Brochure

Aside from conducting desk research to understand snacking preferences and taste profiles among consumers in the Asia Pacific, Givaudan also embarked on...

How Korean culture penetrated the APAC food industry?

How Korean culture penetrated the APAC food industry?

Content provided by BIOSPRINGER, natural Yeast ingredients | 17-Jan-2024 | White Paper

Korean food is on-trend in Asia. We mainly find Korean taste in noodles, sauces & dressings, pickled condiments, ready meals and savory snacks.

Empowering Women Through the Life Cycle

Empowering Women Through the Life Cycle

Content provided by Glanbia Nutritionals | 07-Nov-2023 | Product Brochure

As discussions around female empowerment widen, and advances in women’s health access and provision accelerate, the implications for business, healthcare,...

The World Agri-Tech Innovation Summit, Dubai, Dec 4-5

The World Agri-Tech Innovation Summit, Dubai, Dec 4-5

Content provided by World Agri-Tech Innovation Summit Dubai | 01-Nov-2023 | Event Programme

The renowned World Agri-Tech Innovation Summit has been taking place since 2013 in London, San Francisco and São Paulo. Now launching in the Middle East,...

Related suppliers

Follow us

Products

View more

Food & Beverage Trailblazers

F&B Trailblazers Podcast