Tyson Foods' corporate venturing unit has contributed to foodtech-focused Big Idea Ventures' New Protein Fund, which is aiming for $50m to $75m.
US-headquartered venture capital firm Big Idea Ventures plans to close its first fund at $50m to $75m and has secured meat product supplier Tyson Foods as a limited partner, DealStreetAsia reported yesterday.
The firm has raised roughly half of New Protein Fund, from LPs that also include the Singaporean government-owned Temasek and Enterprise Singapore, Silicon Valley Community Foundation, two Asian families with links to the food industry and a private investor from the UK.
Founded in 2018, Big Idea is…
