1868 Ventures will fund agriculture, lawncare and sustainable packaging technology developers, providing up to $2.5m for a first investment.
US-based garden and lawn product maker Scotts Miracle-Gro has formed a $50m corporate venture capital vehicle called 1868 Ventures in partnership with corporate VC services provider Touchdown Ventures.
Scotts Miracle-Gro oversees a range of brands that collectively offer lawncare and gardening products such as fertiliser, soil and nutrients, pest and weed control, and equipment for indoor or hydroponic gardening.
1868 Ventures will target technologies such as plant genetics, natural fertiliser and plant control products, sustainable packaging and systems that can…
