The co-working space operator plans to invest $1m in about 10 food startups through its Food Labs accelerator.

WeWork Labs, the startup accelerator owned by US-based co-working space operator WeWork, plans to invest $1m in food and agriculture startups, Eater has reported.

The unit will provide a total of $1m in equity financing for approximately 10 startups, with a particular interest in technology that can be utilised by food producers, according to Roee Adler, the global head of WeWork Labs.

Alder said: “One of the most interesting areas of innovation in the world today is food, and we…