FoodTech, AgriTech Hot in Israel
International Consortium Making Big Investment Source: Stock image of Israeli top dishes Global Food Innovation Center Finistere Ventures and three Israeli companies have formed a partnership and are investing $100 million to grow AgriTech & FoodTech startups in Israel. This announcement after the government of Israel established an innovation incubator focused on food technology. The incubator is being built in northern Israel. Finistere, which is a global agrifood investment leader, and the three companies say they're going to bid to operate the incubator. Very Big Food Players The four partners are all big players in the food industry and they are betting big on agrifood innovation. Finistere is backed by investors like Bayer and PepsiCo. Tnuva, Israel's largest food company that's controlled by China's Bright Foods, is a partner. Beverage maker Tempo and Our Crowd, which is one of Israel's biggest venture capital firms, are all onboard and