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March 21 - 11:03
120D
Starbucks invests $100 million in food and beverage tech fund
Starbucks has invested $100 million in Valor Siren Ventures, which will serve as a growth driver for the next generation of food and retail start-up technology companies. The fund will seek to raise an additional $300 million in the coming months from other strategic partners and key institutional investors. Starbucks will also explore direct commercial arrangements with these start-ups.
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