Wada FoodTech Raises US$5M to Scale Up Hot-Chain Decentralized Foodservice Platform, Transforming the Foodservice Industry
Wada FoodTech Raises US$5M to Scale Up Hot-Chain Decentralized Foodservice Platform, Transforming the Foodservice Industry
Selasa, 03 Juni 2025 | 14:14
TOKYO, JAPAN -
Media OutReach Newswire
- 3 June 2025 - Wada FoodTech, a pioneering hot-chain decentralized
foodservice platform, has secured US$5 million in a Pre-A3 funding
round, co-led by MindWorks ETEC Fund and Golden Resources Development
International Limited (HKG:0677). This brings Wada FoodTech's total
funding to over US$10 million, accelerating its mission to transform the
foodservice industry with patented hot-chain technology. The investment
will fuel the expansion of its decentralized foodservice platform in
Japan and other premium markets, enabling restaurants to overcome
challenges like high establishment costs, labor shortages, and food
safety concerns.
Decentralizing Foodservice with Patented Hot-Chain Technology
Wada FoodTech transforms traditional brick-and-mortar foodservice with
its hot-chain foodtech ecosystem, including AIoT-enabled hot-chain
logistics and hot-chain bento machines. Now in its 6th generation, the
patented technology has already facilitated the sale of over 1 million
hot bentos. Originally launched in Hong Kong, Wada FoodTech has expanded
to Tokyo, Osaka, Perth, and Macau, with imminent launches in the UK and
EU.
Empowering Restaurants & Consumers
With Wada FoodTech's platform, restaurants can expand sales channels
effortlessly, deploying hot-chain bento machines in high-traffic
locations like office lobbies, universities, hospitals, and construction
sites—without the costs of opening new branches or relying on
traditional food delivery. The company holds over 10 patents in Japan,
the US, and China, ensuring food safety and efficiency.
For consumers, the platform delivers hot, fresh bentos in just 9 seconds
from vending machines, eliminating extra fees from traditional food
delivery apps. Food safety and quality are guaranteed through
temperature control maintained throughout the logistics chain.
Funding to Fuel Global Expansion & Innovation
The new funding will accelerate Wada FoodTech's expansion across premium
markets including Japan, the UK, EU and Australia through three key
initiatives: (1) boosting engineering and manufacturing capabilities in
Japan, (2) enhancing its AI-powered backend systems, and (3) driving
market growth with the Area Master Franchising model. This strategic
enhancement will enable the company to export "Made in Japan" hot-chain
bento machines - combining Japanese manufacturing quality with
cutting-edge foodtech - to developed markets worldwide.
Jason Chen, CEO of Wada FoodTech, said:
"Wada FoodTech began six years ago with a free desk at a university.
Today, we have validated our technology and demand, selling over one
million bentos in Hong Kong, Japan, Australia, and Macau. We are now
scaling up our market presence, particularly in high-cost labor markets.
This funding will accelerate our Area Master Franchising model—where
patented technology of Wada FoodTech is the root, market penetration
strength of franchisees are the branches, and restaurants are the
fruits. We'll soon ship our patented hot-chain bento machines from Japan
to the UK."
Joe Chan, Managing Director of MindWorks ETEC Fund, commented:
"We are thrilled to support Wada FoodTech as it scales globally. Even in
advanced markets like Japan, this first-of-its-kind hot-chain
technology stands out, offering scalable, affordable, and convenient
options to the mass market. While Wada spans a wide range of cuisines,
we're especially excited by its potential to promote and export Hong
Kong food and culinary culture internationally. This investment aligns
perfectly with the MindWorks ETEC Fund's mission to champion innovations
that elevate Hong Kong's cultural and commercial presence worldwide."
Anthony Lam, Group Chief Executive Officer of Golden Resources Development International Limited (HKG:0677), added:
"As a long-term investor, the Golden Resources Group has been impressed
by Wada FoodTech's R&D and implementation strength. Its unique
hot-chain solution to not only address such critical pain points as
labor and cost challenges but also ensures consistent food quality and
taste.Wada FoodTech's vision to transform foodservice industry
aligns with our investment thesis— revives traditional industries with
technology."
Photo Caption: Over 1,000,000 hot bentos have been sold using Wada FoodTech's
hot-chain technology. At SusHI Tech Tokyo 2025, Asia's largest startup
conference, Wada FoodTech showcased its sixth-generation hot-chain bento
machine, providing live service that attracted a large audience.