Seafood major Thai Union sets up VC arm, commits to invest $30m in foodtech

Thai Union CEO Thiraphong Chansiri.

Bangkok-based seafood processor Thai Union Group has launched a venture fund with an initial commitment of $30 million to invest in food-tech startups, according to its announcement.

The corporate venture capital firm will focus on three strategic areas under foodtech, namely, alternative protein, functional nutrition and value chain technology.

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