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Vegan Venture Fund Targets Post-Pandemic Food Dilemmas

  • Blue Horizon raises $222 million for sustainable food startups
  • Zurich-based firm plans to raise second fund later this year
Indoor Farming's Success Depends on the Cheapest Lightbulb
Photographer: Christopher Pike/Bloomberg
Updated on

Investors are piling into a vegan-focused venture capital fund as the coronavirus pandemic highlights growing stresses in global food production.

Blue Horizon Ventures, a Zurich-based venture capital firm focused on making food more sustainable, has closed a 183 million-euro ($222 million) fund that will invest in startups from alternative proteins to smart packaging. The fund has attracted more than 100 investors and exceeded its initial target of raising 100 million euros, according to Managing Partner Michael Kleindl.