Coca-Cola Amatil has partnered Artesian Venture Partners to form a multimillion-dollar investment fund that will target early-stage companies.
Amatil X, Australia-based beverage bottling service provider Coca-Cola Amatil’s corporate venturing and startup accelerator division, has launched an investment vehicle with venture capital and asset management firm Artesian Venture Partners.
The multimillion-dollar scheme, dubbed Amatil X Early Stage Venture Fund, will be sponsored by Amatil X and run by Artesian. Amatil X already operates a corporate venturing unit known as AX Ventures.
The fund will back early-stage startups strategically aligned with Amatil and has already made its first investment, in…
