Mitr Phol invests in food tech startup Meat Avatar Firm sees promise in plant-based meat Mitr Phol Group, Asia’s largest sugar producer, has made a new investment in Meat Avatar Co, a food technology startup, as it diversifies into the plant-based meat business to catch the trend in future food in Thailand and overseas. Both companies expect to see revenue reach 100 million baht by the end of this year, said Voradate Chantasatkoso, manager for energy and new business development of Mitr Phol Group. He did not reveal the value of the investment. Thailand is a high potential market for this type…

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