In a very welcome development, an influx of new venture capital is being directed to companies dedicated to the elimination of food waste. According to a recent report by ReFED, more than $125 million has been invested in the category so far in 2018.
Food waste and food access have long been a focus here at Billions Rising–and with an estimated $218 billion of food going to waste each year, that's hardly a surprise. The problem of food waste in particular has now become a hot topic among VC firms, including such major players as S2G Ventures. As pointed out by Chuck Templeton, S2G's Managing Director,"Food waste is a huge problem hidden in plain sight,” and it offers huge potential gains for both investors and the public at large. To read more about this transformative and hopeful trend, you can read the Forbes article here.
Posted on 12/03/2018 at 10:39 AM