More than $125 million poured into food waste startups in 2018
Story Date: 11/27/2018

 

Source: Dana Gunders, FORBES, 11/14/18


An influx of money is going to companies that prevent food from going to waste. A report released today by ReFED tallies $125 million of private investment in the space in the first 10 months of 2018 alone. With an estimated $218 billion of food going to waste, funders such as Andreessen Horowitz, S2G Ventures, Cultivian Sandbox Ventures, and DBL Partners see great potential. "Food waste is a huge problem hidden in plain sight,” noted Chuck Templeton, Managing Director, S2G Ventures. “Investing in it is one of the best economic and environmental opportunities in the food system."

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