TOKYO: Oisix ra daichi Inc. has announced the establishment of Future Food Fund Inc., an investment-management subsidiary to promote corporate venture capital aimed at investing in start-up companies specializing in the food field.
Oisix ra daichi launched Food Tech Fund, an investment division specializing in food-tech-related investments and alliances in October 2016, to advance solutions to social issues relating to food via business approaches.
To date, the Company has invested in and formed alliances with start-ups that are working to create new value in the food field, such as agri-tech field and developing sales channels for domestic agricultural products abroad.
This time, the Company will further expand efforts to date and establish Future Food Fund, an investment-management subsidiary to promote corporate venture capital aimed at constructing an ecosystem that supports start-ups in the food field.
Soon after, for the purpose of supporting start-up companies in the food field, Future Food Fund as the general partner plans to establish a fund together with domestic food-related partner companies of limited partnership members.
The first fund is expected to invest several billion yen. In the ecosystem, start-up companies get not only financial support from Future Food Fund, but also comprehensive support to improve the surrounding environment for the rapid expansion of their business such as sales support on the sales site “Oisix Craft Market” launched in June, and matching support with large companies.
The Company believes that nurturing, supporting, and collaborating with food startup companies will stimulate the food market and enhance our competitiveness and value.
Edited by Kiran Khan