Despite making up 70% of Silicon Valley s workforce, 72% of Latinos work in low-wage jobs and are underrepresented in higher-paying positions, states a recent report
The Pillsbury maker is making a significant investment in its frozen dough plant in Joplin, Missouri, to meet increased demand for product innovation from foodservice customers, while its venture arm 301 Inc was among the raft of investors to support Supply Change Capital, which it claims, represents the future of food and the venture industry.
There’s another food tech venture capital firm entering the Los Angeles scene. Last month, Pasadena-based Supply Change Capital Management LLC closed its $40 million debut fund.