A new venture capital fund and innovation hub, called Blu1877, was launched by the Italian food company Barilla Group to support innovators in creating the future of sustainable food.

The name for Blu1877 reflects the color of Barilla’s product packaging and the year the company was founded. The group is seeking seed-level investments in products related to bakery goods, pasta, fruit-based products, condiments, sustainable and Mediterranean diets, and meal solutions. Companies will be able to use Barilla’s pilot plant for further development and small-batch production runs.

Read the full article by Brian Frederick about food ventures from Food Tank