Reuters Covers Finistere’s Israel Ag and Food Investment Consortium
From the article:
JERUSALEM (Reuters) – Food technologies-focused Finistere Ventures and three Israeli firms said on Monday they formed a partnership that would invest up to $100 million in agrifood startups in Israel.
Finistere will be joined by Tnuva, Israel’s largest food company that is controlled by China’s Bright Food, beverage maker Tempo and OurCrowd, one of Israel’s largest venture investors, in looking for technologies in the food sector.
The partnership was created after Israel’s government established an innovation incubator focused on food tech. The group said they will bid to operate the incubator being built in Israel’s north.