Meals, Vitamin and Properly being Investor Coalition Launches to Make investments $2.5 Billion in Startups Bettering Hunger and Properly being Outcomes by the use of Meals

Printed: Sept. 28, 2022 at 5:00 AM EDT|Updated: 2 hours up to now

CHICAGO, Sept. 28, 2022 /PRNewswire/ — S2G Ventures, Meals Strategies for the Future and completely different companions within the current day launched the Meals, Vitamin and Properly being Investor Coalition (FNHIC), a reputation to movement to drive $2.5 billion in private funding over the next three years to reinforce hunger and properly being outcomes by the use of meals. The announcement was made on the White House Conference on Hunger, Vitamin, and Properly being, a catalytic event for the funding ecosystem and public-private change on the intersections of meals, hunger and properly being.

The FNHIC consists of agtech, meals tech, vitamin, healthcare, biotech, pharma, and generalist firms, along with innovators and executives supporting the occasion of revolutionary new utilized sciences that will enhance entry to high-quality, fairly priced, nutritious meals and ship constructive properly being outcomes.

Higher than 20 investor companions have joined FNHIC’s identify to movement to cumulatively make investments an additional $2.5 billion into this space over the next three years, with potential to develop by means of inclusion of various capital suppliers ultimately. Founding FNHIC members embody S2G Ventures and Meals Strategies for the Future, along with ACON Investments, Astanor Ventures, Previous Have an effect on Advisors, Bluestein Ventures, Boardwalk Collective, Cleveland Avenue, iSelect Fund, KdT Ventures, Khosla Ventures, L Catterton, Leaps by Bayer , Mayfield Fund, Middleland Capital, PowerPlant Companions, Rethink Meals, Rich Merchandise Ventures, Present Change Capital, Synthesis Capital and Tyson Ventures.

“Poor vitamin accounts for better than $50 billion in US properly being care costs yearly¹. There’s an incredible various for the meals system to help drive down costs, improve affected individual lives, and complement current healthcare applications – primarily forming a bridge between sickness care and properly being care,” acknowledged Sanjeev KrishnanS2G Ventures Managing Director and Chief Funding Officer. “If we will effectively and expeditiously shut the massive gap between vitamin and healthcare, nonetheless, we might want to have as many stakeholders on the desk as potential, which is why we’re so excited to affix Meals Strategies for the Future and completely different founding companions to launch the Meals, Vitamin, and Properly being Investor Coalition.”

“With over 34 million Individuals experiencing meals insecurity² and 117 million affected by meals routine related sickness³, the US is confronting a ballooning hunger and vitamin catastrophe. The good news is everyone knows what it takes to effectively reply: multisector financial investments in scalable meals and agtech firms to create a sustainable; equitable meals system that improves people’s properly being outcomes; respects the planets; and ensures geography and earnings are under no circumstances limitations to nutritious, fairly priced meals,” acknowledged Ertharin Cousin, Meals Strategies for the Future Founder. “Along with S2G and the alternative Meals, Vitamin, and Properly being Investor Coalition founding companions, I am thrilled to see the daring capital investments each already made or deliberate. Our companions acknowledge it is potential to ship market cost financial return and make a sustainable vitamin affect and we hope this catalyzes further companies, asset managers, and asset householders to affix this effort. I look ahead to growing our coalition of private-sector stakeholders devoted to ending hunger, malnutrition and reducing diet-related illnesses every proper right here at dwelling and abroad .”

Meals insecure individuals are at elevated risk of rising continuous illnesses comparable to coronary coronary heart sickness and diabetes. On the equivalent time, world developments along with the COVID-19 pandemic and Russia’s invasion of Ukraine have disproportionately impacted the meals insecure. Present shocks have pushed meals prices elevated. The pandemic has strengthened the linkage between vitamin and properly being, with extreme comorbidity prices between COVID and weight issues, hypertension, and coronary heart issues.

To cope with these developments, FNHIC believes we must always embrace innovation that locations deflationary stress on meals prices to cope with hunger and targets vitamin needs for high-risk folks. FNHIC seeks to deal with and financially assist the unbelievable amount of rising technological innovation underway that leverages the flexibility of fairly priced and nutritious meals to remediate hunger and improve human properly being.

“Khosla Ventures has been centered on investing in know-how companies that work on meals to drive healthful outcomes for people and a further sustainable world,” acknowledged Vinod Khoslafounding father of Khosla Ventures. “In the meanwhile’s info underscores the importance of meals and vitamin and we look ahead to working with the Meals, Vitamin and Properly being Investor Coalition to advance our collective efforts.”

FNHIC’s identify to movement is the start of a long-term, high-potential journey to grasp some great benefits of greater change between meals, hunger and properly being innovation within the personal and non-private sectors.

Additional particulars about FNHIC could possibly be found on the Meals, Vitamin and Properly being Coalition site.

S2G Ventures, the direct funding group of Builders Imaginative and prescient, companions with entrepreneurs who’re engaged on choices to a couple of the world’s greatest challenges all through the meals, agriculture, oceans, and clear energy markets. We provide capital, mentorship, and value-added sources to companies pursuing revolutionary market-based choices that generate constructive social, environmental, and financial returns. We provide our companions with versatile capital choices that will fluctuate from seed and enterprise funding by the use of progress equity to debt and infrastructure financing. For further particulars about S2G, go to s2gventures.com, tune-in to our podcast, or be a part of with us on LinkedIn.

Meals Strategies for the Future (FSF) catalyzes, permits, and scales market-driven agtech, foodtech, and revolutionary firms all through the value chain to reinforce vitamin outcomes in underserved and low-income communities. Via wraparound assist to enterprises and broader ecosystem developing, FSF addresses limitations to affordability, availability, and consciousness of healthful, nutrient dense meals by the use of 5 core suppliers: financing, enterprise acceleration, public protection & coaching, partnerships & group engagement, and vitamin expertise. FSF in the meanwhile operates in the US and Sub-Saharan Africa. To be taught further about Meals Strategies for the Future, go to fsfinstitute.net or be a part of with us on LinkedIn.

S2G Ventures Press Contact:
Liz Friedlander
[email protected]

Meals Strategies for the Future Press Contact:
Elizabeth Ebot
[email protected]

¹ https://www.nhlbi.nih.gov/info/2019/americans-poor-diet-drives-50-billion-year-health-care-costs
² https://www.ers.usda.gov/publications/pub-details/?pubid=104655
³ https://www.dietaryguidelines.gov/web sites/default/recordsdata/2019-09/DGA-Infographic-2019.pdf

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