Seafood supplier Thai Union’s corporate venturing fund will focus on alternative food proteins, supply chain and functional nutrition technologies.
Thailand-based seafood product manufacturer Thai Union has committed $30m to a corporate venturing fund that will concentrate on food technology developers.
Founded in 1977, Thai Union offers packaged consumer seafood products including what it claims is the world’s largest supply of shelf-stable tuna.
The still unnamed fund will principally target three areas: alternative food proteins, functional nutrition and value chain opportunities. The company has not disclosed details of where and how much it plans to invest per deal.
The first…
