- Startups aiming to reduce food waste in the U.S. have received $125 million in venture capital and private equity investment up through October, according to a report from ReFED. ReFED is a collaboration of more than 50 business, nonprofit, foundation and government leaders committed to reducing food waste.
- Foundation grants for food waste reduction groups hit $134 million from January through September 2016, a 70% jump over five years, ReFED reported.
- “We’ve seen tremendous momentum around food waste reduction,” Alexandria Coari, ReFED’s capital & innovation director, told AgFunder News. “Consumer awareness has increased, major food businesses have made commitments to food waste reduction, sound public policy continues to emerge, and, as shown by this report, investment in food waste solutions has increased significantly.”