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Kraft Heinz Announces Launch Of $100M Venture Capital Fund

by vcaonline.com posted 8months ago 33 views
PITTSBURGH & CHICAGO, October 5, 2018-- Kraft Heinz announces the launch of Evolv Ventures, a venture fund that will invest in emerging tech companies transforming the food industry. Kraft Heinz has committed up to $100 million to Evolv Ventures and brought on venture investor Bill Pescatello to lead the fund. “New technological innovations in the food industry create endless new opportunities to strengthen business models,” said Bernardo Hees, Chief Executive Officer at Kraft Heinz.

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