The merchant group’s LDC Innovations fund will back food and agtech startups, with Max Clegg, its former head of food innovation, heading up the unit.

Netherlands-headquartered agriculture, food and transport conglomerate Louis Dreyfus Company (LDC) has named Max Clegg (pictured) as head of its newly formed corporate venturing vehicle, LDC Innovation.

Clegg joined Louis Dreyfus in 2012 after five years at power and industrial equipment producer General Electric’s financial services arm, GE Capital. He held two North America-focused roles from its New York office, initially as head of corporate development and mergers and acquisitions, before shifting to head of food innovation in 2019.

LDC Innovations…

Edison Fu

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