• Food fund: Tom Mastrobuoni, who co-founded Tyson Food’s corporate venture group before leaving late last year, has joined Big Idea Ventures to raise a $250 million-targeted fund focused on food startups, Axios has learned.
- Tyson had invested in Big Idea’s debut fund, which focuses exclusively on early-stage deals for alternative protein startups – with an aim toward reducing factory farming and improving the climate.
- Mastrobuoni’s effort will have a broader, more stage-agnostic mandate: Everything from CPG-branded foods to industrial manufacturing, to ag-tech