- Tyson Foods Hosts Startup Pitch Event to Support Waste-Efficient Solutions
SPRINGDALE, Arkansas – July 19, 2023 – In an effort to continually discover and support innovative solutions for a more sustainable food system, Tyson Ventures recently hosted Tyson Demo Day 2023, an annual pitch event. Tyson Ventures, the venture capital arm of Tyson Foods (NYSE: TSN), is now in its second year of hosting events aimed at startups. Focused on the theme of upcycling, Tyson Demo Day encourages innovators and entrepreneurs around the world to submit groundbreaking ideas that will help Tyson Foods introduce sustainable solutions.
“It has been inspiring to hear from so many creative entrepreneurs who are passionate about innovation and sustainability,” said John R. Tyson, president of Tyson Ventures and chief financial officer of Tyson Foods. He said. “We have a vital role to play in responsibly producing food for a growing world, and together we look forward to delving deeper into startup solutions that can help feed the world. .”
As part of Tyson Demo Day 2023, select startups presented their upcycling business ideas to Tyson Foods executives on July 11th. Tyson Ventures is dedicated to being a strategic partner to innovators who are transforming the food industry and delivering sustainable nutrition to the world’s growing population. .
Comprising a broad cross-functional panel of Tyson team members, Ventures Innovation Partners (VIP) has invited four startups ranging from animal by-products to digital enablement to receive mentorship and other partnership opportunities with Tyson. selected.
Four startups were selected out of 11 participants: GenoTwin, NetZro, SuperGround and ZwitterCo.
Tyson Demo Day 2023 Attendees:
- Ansela
- bioveritas
- Chick’s Soup Company
- dog and whistle
- Ecto
- Genotwin*
- Netzlo*
- repro health technologies
- Legili AG
- super ground*
- TwitterCo*
Since its founding in 2016, Tyson Ventures has invested over $100 million in emerging proteins, food and worker safety, and new technologies for sustainable food production. Tyson Demo Day was founded in 2022 by him to identify and potentially partner with innovative and sustainable technologies for the food industry. Applicants from over 15 countries applied to participate in the event and were evaluated based on alignment with Tyson Ventures’ investment strategy and potential to help Tyson Foods achieve its sustainability goals .
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About Tyson Ventures
Tyson Ventures is the venture capital arm of Tyson Foods, Inc., one of the world’s largest food companies and a recognized leader in protein. Tyson Ventures aims to be a strategic partner for disruptive innovators transforming the food industry and providing sustainable nutrition for a growing global population. Tyson Ventures focuses investments in three strategic areas that enable emerging proteins, technology and innovation that empower people, protect the planet, and foster smart and responsible agriculture.