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Tyson Foods launches $150 million fund to invest in startups

Staff Writer |
Tyson Foods has unveiled the launch of a venture capital fund, Tyson New Ventures, that will invest as much as $150 million into food startups.

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The fund will concentrate on three areas in the foods space:

- commercializing delicious, safe and affordable alternative proteins

- ackling food insecurity and food loss through market making and other commercial models

- tapping the internet of food to promote more precise and productive resource application, safety, and consumer empowerment in the food chain.

Tyson New Ventures will invest in these entrepreneurial food businesses and leverage Tyson Foods’ expertise to boost their development.

The first investment involves Tyson Foods’ previously-announced five percent ownership stake in plant-based protein producer Beyond Meat.

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