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Kraft Heinz creates its own venture capital fund for food tech

Ad Age 10/05/2018

Kraft Heinz has earmarked $100 million to start a new venture fund, Evolve Ventures, which will invest in food technology companies. The move by Kraft Heinz puts it in the company of other large consumer packaged brands companies such as General Mills, which has created a fund to invest in businesses including Beyond Meat and Kite Hill.

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