Tyson Ventures Announces in New Wave Foods
Tyson Ventures, a corporate venture subsidiary of Tyson Foods announced its investment in New Wave Foods.
New Wave Foods is a San Francisco based company that produces plant-based shellfish. The company plans to release a shrimp alternative to the foodservice sector by 2020.
“We’re excited about this investment in the fast-growing segment of the plant-based protein market,” said Amy Tu, president of Tyson Ventures. “This continues our focus of identifying and investing in companies with disruptive products and breakthrough technologies related to our core business so we can continue to..."
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