Hungry for Investment: Big Food Races Toward Startups.

Pasta giant Barilla is the latest major food company to launch a venture fund. In November 2017, the company unveiled Blu1877, a new fund which will invest in sustainable pasta and condiment startups.

Since 2015, we’ve seen a domino effect of leading global food companies establishing venture funds and startup incubator programs.These include Campbell’s Soup with Acre Venture Partners($125M fund), Kellogg’s with Eighteen94 Capital ($100M fund), Chobani with its food incubator (provides $25K grants), and AB InBev with ZX Ventures.

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