, Singapore
Jake Berber and Ding Jie Tan [Photo from Prefer]

SG-based bean-free coffee supplier Prefer raises US$2m in seed funding round

500 Global and SEEDS Capitals were amongst the startup’s investors.

Singapore startup Prefer raised US$2m in its seed round, participated by 500 Global, A*ccelerate, Better Bite Ventures, Sopoong Ventures, SEEDS Capital, Entrepreneur First and Pickup Coffee.

Forge Ventures led the funding round.

Prefer provides bean-free coffee compatible with standard espresso machines to their business-to-business (B2B) customers, including cafes, coffee chains, distributors, and flavour houses.

Prefer also offers ready-to-drink bottled coffee for quick-service food businesses, events, and retail shelves.

The startup can produce a more suitable and affordable coffee through its proprietary fermentation technology, which upcycles surplus bread, soy pulp, and spent grain.

Prefer was founded by Jake Berber and Ding Jie Tan.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!