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Investors Stock Up on Food Investments, Still Crave More
- by Caifu Global
By Blake Friesen
Interest in the food and beverage sector is currently going through a growth spurt in the United States. Investment has blossomed to a record high this year, with investors forking over US$368.7-million to U.S.-based startups in the third quarter, according to VentureSource data from Dow Jones. That is the highest total for any quarter, and almost as much as the whole of fiscal 2014, when U.S.-based startups raised US$376.8-million from investors. After three quarters in 2015, the total amount invested in U.S. startups was a robust US$542.4-million.