Venture capital company Five Seasons Ventures has raised $ 74 m to invest in food and agricultural technology . The firm says it will use the capital raised by the first closing of its fund to help early - stage companies develop innovations in healthier food , better logistics and nutrition . Five Seasons has been backed by the European Investment Fund , Nestle , Fondo ' tech focused incubators and accelerator, with over 30 based across the continent. d’Investimento and Bpifrance . Joint founder Niccolò Manzon said companies were becoming more conscious of their food , and while existing companies wanted to use start - ups to help their technological development there was a limited supply of specialised capital available .
Venture capital company Five Seasons Ventures has raised $ 74 m to invest in food and agricultural technology . The firm says it will use the capital raised by the first closing of its fund to help early - stage companies develop innovations in healthier food , better logistics and nutrition . Five Seasons has been backed by the European Investment Fund , Nestle , Fondo ' d’Investimento and Bpifrance . Joint founder Niccolò Manzon said companies were becoming more conscious of their food , and while existing companies wanted to use start - ups to help their technological development there was a limited supply of specialised capital available .