Starbucks to “anchor” $400 million venture fund for food, retail start-ups

Starbucks has announced a $100 million investment in a new venture fund, partnering with Valor Equity Partners which has previously invested in Tesla and SpaceX. The fund will give the coffee giant the first look at food and retail start-ups. The fund plans to raise an additional $300 million from outside investors in the coming months. To learn more, click here.

Stay connected with us on Twitter and LinkedIn. Article ideas and other suggestions should be sent to tballard@pyapc.com. Include the name and contact information (phone and email) for follow-up.