The joint vehicle between CJ Group's grain trading subsidiary and KK Fund will back Southeast Asia-based food, agriculture and biotech startups.

Singapore-based grain and agricultural trading group CJ International Asia (CJIA) has teamed up with venture capital firm KK Fund to form a joint investment vehicle of undisclosed size, DealStreetAsia reported today. Dubbed Hiven, the fund will invest in Southeast Asia-based food, agriculture and biotechnology developers in a bid to bolster employment and economic drive in…

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