SEPTEMBERASIA BUSINESS OUTLOOK8NEWSROOMWastelink, an India-based circular economy startup that upcycles surplus food into animal feed, has raised 27 crore (US$3 million) in Series A funding from Avaana Capital.The funding will support the company's nationwide expansion and further enhance its proprietary technology and research capabilities. Founded in 2018 under Forplanet Ingredients, Wastelink converts FMCG surplus into standardized feed ingredients for the animal feed industry. Since inception, it has processed over 35,000 tons of surplus food, supporting more than 38,500 animals annually with its flagship product ECOMIXTM, which has shown results such as a 15 percent improvement in milk yields.The company's model addresses one of the biggest challenges in the global feed industry--volatility in raw material prices of corn and soy, which form the backbone of conventional feed. With feed costs accounting for up to 70 percent of livestock production expenses, small fluctuations in commodity prices severely impact profitability. In the U.S., feed manufacturers average just 2.7 percent profit margins, underscoring the fragility of the sector.By transforming surplus food into consistent, high-quality feed ingredients, Wastelink offers price stability, 30­50 percent cost savings, and an environmentally sustainable alternative. This dual-value approach not only reduces feed expenses for farmers but also cuts waste management costs for FMCG manufacturers, aligning with the growing emphasis on circular economy solutions.With the global animal feed market projected to grow from $514.4 billion in 2025 to $707.7 billion by 2032, Wastelink is well-positioned to scale its impact while driving both economic and ecological value.B Strategy, a Hong Kong-based digital asset investment firm, is preparing to launch a US-listed BNB treasury company targeting a US$1 billion raise, supported by YZi Labs (formerly Binance Labs).The initiative will manage BNB holdings while investing in technology development, community projects, and ecosystem grants. Led by co-founders from Metalpha and the former CFO of Bitmain, B Strategy has already secured anchor investments from several Asia-based family offices. The firm emphasizes transparency and independent verification of holdings, a growing demand in digital asset management. YZi Labs, managing over US$10 billion in assets across 300+ projects in 25+ countries, is backing the launch, providing global network access and ecosystem support.The move comes amid rapid expansion in the crypto asset management market, projected to reach US$9.36 billion by 2030 as institutional adoption rises. Market leaders such as Grayscale ($17.5B AUM) and Digital Currency Group ($50B+) demonstrate the scale opportunity.B Strategy positions itself as the "Berkshire Hathaway of BNB", combining token holdings with ecosystem investments, similar to established managers like Multicoin Capital ($9B AUM). With operations across Hong Kong, ASEAN, the Middle East, and beyond, the firm leverages "follow-the-sun" execution to tap into global liquidity and market intelligence.The upcoming listing highlights how crypto investment vehicles are evolving, bridging Asia-Pacific expertise with U.S. capital markets to capture institutional demand. WASTELINK RAISES $3M TO TURN FOOD WASTE INTO ANIMAL FEEDB STRATEGY TO LAUNCH $1B US-LISTED BNB TREASURY FIRM· Wastelink raised $3M Series A funding from Avaana Capital· Converts food surplus into feed, cutting costs by up to 50 percent· ECOMIXTM supports 38,500+ animals, improving yields sustainably· B Strategy to raise $1B for US-listed BNB treasury· Supported by YZi Labs with $10B+ global assets· Aims to be the "Berkshire Hathaway of BNB"
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