Albert Tseng

Dao Foods International, Inc., was launched to meet China’s rising demand for meat and other protein food products with animal-free alternatives. A collaborative effort between New Crop Capital, Dao Ventures, and Moonspire Social Ventures, Dao Foods seeks to introduce innovative and climate-friendly protein products, primarily plant-based and clean meat (PBCM), into the Chinese market. This cross-border impact venture aims to disrupt the global meat, egg, and dairy markets in order to curb the environmental impact of meat production and address the health and safety concerns of meat consumption in China. This comes as the Chinese government seeks to potentially cut the country’s meat consumption in half by 2030.

Moonspire Social Ventures is passionate about utilizing the power of business to address important global issues. Moonspire works with social enterprises, companies, development institutions, and impact investors that are engaged in sustainable business models that are designed to address the UN Sustainable Development Goals, in particular global poverty, health, and environment. Moonspire has consulted to a number of different organizations, ranging from small innovative social enterprises to large multilateral organizations such as the United Nations Business Call to Action initiative which works with multinational companies that have innovative business models that combine profitability with social impact in developing countries.