ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Wada FoodTech Raises US$5M to Scale Up Hot-Chain Decentralized Foodservice Platform, Transforming the Foodservice Industry

Patented Hot-Chain Bento Machines will be Shipped from Japan to Premium Markets

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.

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.
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.

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."

Hashtag: #WadaFoodTech



The issuer is solely responsible for the content of this announcement.

About Wada FoodTech

Wada FoodTech (www.wadafoodtech.com) is a hot-chain decentralized foodservice platform leveraging patented hot-chain AIoT logistics and hot-chan bento machines to help restaurants expand efficiently. With operations in Hong Kong, Japan, Australia, and Macau, the company is headquartered in Tokyo.

About MindWorks ETEC Fund

MindWorks (www.mindworks.vc) is a leading venture capital firm across pan-Asia, investing in companies that drive rapid adoption, scalability, and disruption through technology. The MindWorks ETEC Fund is a dedicated sub-fund focused on backing innovations that strengthen Hong Kong's competitiveness in entertainment, cultural, and technology sectors, with the mission of amplifying the city's global influence and positioning.

About Golden Resources Development International Limited

Golden Resources Development International Limited () is a diversified Group with business interests in FMCG, convenience retailing, eco-friendly packaging and retailtainment in Asia, it also supports innovative ventures in foodtech, logistics, and smart retail.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.