Recast Capital today announced the first cohort of Recast Accelerate, a catalytic program designed to drive the success of women and nonbinary-led, early stage US funds in venture capital.
The Pillsbury maker is making a significant investment in its frozen dough plant in Joplin, Missouri, to meet increased demand for product innovation from foodservice customers, while its venture arm 301 Inc was among the raft of investors to support Supply Change Capital, which it claims, represents the future of food and the venture industry.
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.
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