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Britain's Tesco invests in venture fund to spur food innovation
Source: reuters.com
Private Markets & VentureConsumer Demand & RetailTechnology & Innovation
Tesco committed £20 million ($26.5 million) to a venture-capital fund launched by Leon Restaurants co-founder Henry Dimbleby. The investment is intended to support innovation across the UK food sector, signaling Tesco's strategic interest in food-industry startups but with limited near-term financial impact.
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