Post by account_disabled on Jan 1, 2024 4:15:29 GMT
Thai Union Group Public Company Limited has announced the creation of a venture fund as part of the company's continued investment in innovation. The company has initially committed $30 million to invest in innovative companies developing cutting-edge technologies in the food space. This funding will focus on investing in three areas: alternative proteins; Functional food and value chain technology Thai Union will invest in companies that are interested in these areas and support and encourage their further development. "Over the years Thai Union has made significant investments to become a leader in seafood innovation and sustainability,” said Thiraphong Chansiri, CEO of Thai Union Group PCL. “We are making progress. into the next decade And we will cooperate more with innovative startups in various fields. that has important strategic implications This will complement our business as we expand beyond our original core.” Ahead of the venture fund announcement, Thai Union has partnered with the National Innovation Agency and Mahidol University.
Launch of the SPACE-F project to incubate and promote food technology for the Industry Email List first time in Thailand. Thai Union has announced its first investment in Flying Spark, an alternative protein startup. Flying Spark uses fruit-eating insect larvae as food. This insect can grow up to 250 times in its life cycle in just 7 days, and with Flying Spark's technology, production and cultivation is simple and low cost. And there is almost zero waste left. and every part of the insect has been used This puts Flying Spark ahead of traditional protein sources from meat and plants and other insects such as crickets and grasshoppers. About Thai Union Group Public Company Limited Thai Union Group Public Company Limited To be the world's leader in seafood business, delivering seafood products that are innovative, good tasting, and beneficial to health. and have been providing high quality, quality seafood to consumers around the world for more than 40 years. Today, Thai Union Group is recognized as the leading producer of a wide range of packaged tuna products. The largest in the world It has annual sales of more than 133 billion baht (US$4.1 billion) and has a global workforce of more than 47,000 people, all dedicated to innovative and sustainable seafood products.
Thai Union owns brands around the world, including market leaders Chicken of the Sea, John West, Petit Navire, Parmentier, Mareblu, King Oscar and Ruegen Fisch, as well as leading brands in Thailand including Select Fisch. Shosho, Q Fresh, Monori, Bellotta and Marvo. From our mission to be an innovative and responsible company around the world Thai Union is proud to be a member of the United Nations Global Compact and a founding partner of the International Seafood Sustainability Foundation. (International Seafood Sustainability Foundation: ISSF) In 2015, Thai Union launched its SeaChange(R) sustainability strategy and has continued to deliver on this. In 2018 and 2019, Thai Union It is the number 1 leader in the world's industry group in the Food Industry in the Dow Jones Sustainability Index. and achieved a score in the top 100th percentile across all sustainability scores. Thai Union has now been selected as a member of the Dow Jones Sustainability Index for the 6th year in a row. Thai Union was also selected to be included in the FTSE4Good Emerging Index in 2018.
Launch of the SPACE-F project to incubate and promote food technology for the Industry Email List first time in Thailand. Thai Union has announced its first investment in Flying Spark, an alternative protein startup. Flying Spark uses fruit-eating insect larvae as food. This insect can grow up to 250 times in its life cycle in just 7 days, and with Flying Spark's technology, production and cultivation is simple and low cost. And there is almost zero waste left. and every part of the insect has been used This puts Flying Spark ahead of traditional protein sources from meat and plants and other insects such as crickets and grasshoppers. About Thai Union Group Public Company Limited Thai Union Group Public Company Limited To be the world's leader in seafood business, delivering seafood products that are innovative, good tasting, and beneficial to health. and have been providing high quality, quality seafood to consumers around the world for more than 40 years. Today, Thai Union Group is recognized as the leading producer of a wide range of packaged tuna products. The largest in the world It has annual sales of more than 133 billion baht (US$4.1 billion) and has a global workforce of more than 47,000 people, all dedicated to innovative and sustainable seafood products.
Thai Union owns brands around the world, including market leaders Chicken of the Sea, John West, Petit Navire, Parmentier, Mareblu, King Oscar and Ruegen Fisch, as well as leading brands in Thailand including Select Fisch. Shosho, Q Fresh, Monori, Bellotta and Marvo. From our mission to be an innovative and responsible company around the world Thai Union is proud to be a member of the United Nations Global Compact and a founding partner of the International Seafood Sustainability Foundation. (International Seafood Sustainability Foundation: ISSF) In 2015, Thai Union launched its SeaChange(R) sustainability strategy and has continued to deliver on this. In 2018 and 2019, Thai Union It is the number 1 leader in the world's industry group in the Food Industry in the Dow Jones Sustainability Index. and achieved a score in the top 100th percentile across all sustainability scores. Thai Union has now been selected as a member of the Dow Jones Sustainability Index for the 6th year in a row. Thai Union was also selected to be included in the FTSE4Good Emerging Index in 2018.