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PepsiCo is hopeful that more ‘win-win’ partnerships between the global F&B giant and regional startups will come out of its latest Greenhouse Accelerator (GHAC) programme in APAC.

Food and beverage (F&B) giant PepsiCo has unveiled the ten startup finalists for the third iteration of its Greenhouse Accelerator Program in Asia Pacific (APAC).

The 2025 Greenhouse Accelerator APAC Finalists include companies from Australia, China, South Korea, Indonesia, and Singapore.

PepsiCo has announced 10 finalists for the third edition of its Greenhouse Accelerator (GHAC) program in Asia Pacific. According to PepsiCo, the program focuses on bringing innovative solutions to sustainability challenges, including climate resilience and recyclable packaging, to the Asia Pacific region.

PepsiCo’s Greenhouse Accelerator 2025 program has just officially announced the results of the final round of the program in the Asia-Pacific region to honor innovations for a more sustainable F&B value chain in the Asia-Pacific region. And Vietnam contributed 11% of the total number of applications and was in the top three countries with the most applications.

Two Australian startups are among 10 companies to make the cut for global food and beverage giant PepsiCo’s annual Asia-Pacific greenhouse accelerator.

PepsiCo announced the 10 startup finalists for the third edition of its Greenhouse Accelerator Program in the Asia-Pacific, an initiative to fast-track innovation across sustainable agriculture, the circular economy, and climate action, at an event in Shanghai on Thursday.

Applications are currently invited for the PepsiCo Greenhouse Accelerator Programme (GHAC) by March 13. The programme in its third year, invites startups in the APAC region working to advance breakthroughs in the circular economy, climate action and sustainable agriculture, to apply for grants of up to NZ$210,000.

10 finalists can pitch their innovations to executives, venture capitalists and investors, with the winner securing an extra US$100,000 grant.

Alan Choi, PepsiCo SVP and CFO for Asia-Pacific, discusses the company’s focus on sustainability, including its Greenhouse Accelerator program working with APAC startups.

Two Thai startups join the diverse APAC finalists tackling sustainability challenges. AIIEV is revolutionising transportation in Thailand by empowering businesses to achieve sustainability and cost savings through a game-changing subscription model for electric conversions, while CIRAC provides breakthrough technology for recycling one of the most difficult to be recycled packaging waste, aluminium laminated plastic packaging. 

With the growing demand for innovative solutions, PepsiCo’s Greenhouse Accelerator in the Asia-Pacific (APAC) region addresses challenges in the food and beverage industry. Since its launch in 2023, the accelerator has become a key part of PepsiCo’s sustainability strategy (pep+), embedding environmentally conscious practices.

“We are so honored to be selected as the winner of the PepsiCo Greenhouse Accelerator: Juntos Crecemos Edition,” said Azul Couzens, co-founder of ¡Ya Oaxaca! “This program and the mentorship of the PepsiCo team have been invaluable in supporting our business objectives. With the $100,000 grant, we’ll be able to continue our mission of sharing the flavors of Oaxaca through our line of mole sauces, adobos and salsas.”

¡Ya Oaxaca! products, with ingredients sourced and produced in Mexico, capture the bold and diverse flavors of Oaxaca, making it easy to prepare authentic, chef-crafted and all-natural Mexican meals for any occasion. ¡Ya Oaxaca! will receive a $100,000 grant and other resources to scale their operations and grow their business.

Global food and beverage giant PepsiCo has granted the winner of its 2024 GreenHouse Accelerator APAC programme Alterno US$100,000 to develop its thermal energy solution, with an eye on further collaboration with the firm in this area.

PepsiCo unveiled Alternō as the winner of its 2024 Greenhouse Accelerator Program – APAC edition, highlighting the company’s ongoing desire to help foster next-generation solutions for a more sustainable future. The program – in its second year in the region – aligns with PepsiCo’s sustainability strategy (pep+) and aims to inspire change in the F&B industry through collaboration and innovation.