The new Fund will invest in start-ups and expansion-stage companies in both developed and emerging markets in food sciences and enabling technologies in line with Tate & Lyle’s strategy to grow in speciality food ingredients.
The new Fund will be formally launched on 1 January 2013. As with Tate & Lyle’s first venture fund, which was launched in April 2006, the new Fund will be independently led and managed by Simon Barnes and David Atkinson.
Karl Kramer, president, innovation and commercial development, Tate & Lyle, said: “This is an important investment in our global innovation programme and represents another step in building Tate & Lyle’s platform for long-term growth.”
Source: Tate & Lyle
© FoodBev Media Ltd 2024