Nestlé is throwing its weight behind the Eureka Fund, a vehicle focused on spinouts from 27 research centres and universities across Italy.
Italy-based venture capital firm Eureka Venture has signed up consumer goods group Nestlé as a limited partner for its inaugural vehicle, the Eureka Fund, with a €5m ($5.7m) commitment, Il Sole 24 Ore reported yesterday.
Nestlé’s contribution forms part of its CHF250m ($273m) fund set up in 2020 to bolster packaging sustainability and improve recycling systems. It marks the first time that Nestlé has invested in a technology transfer…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
