Actor Robert Downey Jr. has put at least $10 million of his own fortune into the launch of a new rolling venture investment fund called Footprint Coalition Ventures. The investment focus areas listed so far are bamboo (MISSION: Build the world’s most sustainable paper. End global deforestation), insect-based protein, and plastic alternatives, with grants available for cellular agriculture, microplastics, and conservation tech.
Synthesis Capital Unveils Largest Ever FoodTech VC Fund: $300M For the Food System Unicorns of Tomorrow
Synthesis Capital, a global food technology and alternative protein investor with operations in the UK, US, and Guernsey, today announces Synthesis Capital Fund I (“Fund”) which it says represents the largest fund ever raised for the sector. Prior to founding Synthesis Capital, the team helped build CPT Capital, which made investments in 35 key players such as Beyond Meat, Impossible Foods, Perfect Day, Upside Foods, Geltor, BlueNalu, Aleph Farms, ENOUGH, Solar Foods, Formo, and Good Catch. $15M cheques for 15 food tech innovators With over $300m in assets under management, Synthesis states it now represents the largest fund ever raised for the sector. Synthesis Capital state that the capital will be used to expedite and support next-gen companies innovating in the food industry globally, and …