There’s another food tech venture capital firm entering the Los Angeles scene. Last month, Pasadena-based Supply Change Capital Management LLC closed its $40 million debut fund.
This week in food tech: New fund shows food investments are still simmering techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.
Los Angeles recently saw an influx of capital for companies looking to disrupt the food-supply system. A plant-based protein venture fund, a carb-disrupting food-tech company and a grab-and-go healthy food chain raised a combined $54 million at various investment round stages in June.
"We're not just passively investing in promising sustainable food technology startups," said co-founder and general partner Jennifer Stojkovic in a press release. "Our team is fully committed to leveraging our expertise, powerful network, and industry insights to nurture our portfolio companies, guiding them towards growth and success."
"We're not just passively investing in promising sustainable food technology startups," said co-founder and general partner Jennifer Stojkovic in a press release. "Our team is fully committed to leveraging our expertise, powerful network, and industry insights to nurture our portfolio companies, guiding them towards growth and success."