Major Partnership in the Snack Food Sector

Pegasus Tech Ventures continues to lead innovation in the food technology sector by investing in pioneering startups. Most recently, Pegasus established a partnership with Japanese snacking giant Calbee, aiming to connect Calbee with startups developing new products and technologies on a global scale. This strategic move seeks to strengthen Calbee's presence in global markets while positioning the company as a leader in developing sustainable food solutions.

Pegasus Tech Ventures, a global venture capital firm headquartered in Silicon Valley, announced a partnership with Calbee, Inc., a Japan-based snacking giant operating in Asia, North America and Europe. Through this partnership, Pegasus will introduce Calbee to startups developing innovative products and technologies breaking ground in the United States, Europe, Israel and Asia. By collaborating with these companies, Calbee aims to develop new healthy snacks, novel production techniques, new business models and other innovations that will contribute to the growth and success of both the startups and Calbee. Masae Nakano, Assistant General Manager and Chief Technology Officer of Research and Development at Calbee, stated: "The Calbee Group is strong in the snacks and grain products business in Japan, but we aim to expand further into new food areas of the future. We intend to leverage Pegasus's long-standing expertise and global network in open innovation to identify technologies and services that will serve as seeds for next-generation product development and create new value at Calbee."

Anis Uzzaman, Founder and Chief Executive Officer of Pegasus, said: "In recent years, the food technology sector has drawn particular attention as environmentally friendly initiatives have spread globally. The development of eco-friendly food products, including meat alternatives, is regarded as an important step toward sustainability. Pegasus has been a pioneer of innovation in the food technology sector by investing in global startups such as Impossible Foods. We believe that collaboration between multinational corporations and the startup ecosystem will enable us to build a future where we can grow together by sharing advanced technologies and knowledge, and will encourage further innovation." Uzzaman continued: "Through this partnership, we will provide Calbee with knowledge and insights for innovative startups not only in the food sector but across all related industries, and offer expert support to ensure smooth progress in partnerships with startup companies. With this support, we aim to effectively expand Calbee's global market share, drive pioneering innovations in the sector and achieve valuable results."