AB InBev’s incubator and accelerator unit has teamed up with The Coca-Cola Company, Colgate-Palmolive and Unilever in a bid to back startups working on sustainable supply chain technology.

Belgium-headquartered Anheuser-Busch InBev’s US-based open innovation arm, 100+ Accelerator, has secured commitments from fellow beverage producer The Coca-Cola Company and consumer goods manufacturers Colgate-Palmolive and Unilever for a supply chain-themed programme.

Formed in 2018, 100+ Accelerator targets developers of innovative technologies across the supply chain management space, focusing on water and agricultural sustainability, circular economy and climate action. Its portfolio includes 36 startups from 16 countries which have subsequently raised over $200m altogether, it said.

The latest initiative will involve…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.