Big Idea Ventures will invest in alternative protein and plant-based food developers, and has secured about a third of its $100m Tyson Foods-backed fund.
US-based hybrid venture capital firm Big Idea Ventures has raised 30% to 40% of a $100m fund, securing capital from limited partners including meat producer Tyson Foods, DealStreetAsia reported yesterday.
The firm’s LPs also include Singaporean state-owned investment firm Temasek and Enterprise Singapore, which is overseen by Singapore’s Ministry of Trade and Industry, according to founder and managing general partner Andrew Ive.
Founded in January this year, Big Idea is raising money for a vehicle known as New Protein Fund…
