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Food and Health Angels launches out of Davis to back foodtech startups as GLP-1 ‘tsunami’ approaches

By Elaine Watson | AgFunder News

Food industry veterans, including former CSOs at Mars and General Mills, are pooling capital through a new UC Davis angel network, Food & Health Angels (FH Angels), to back early-stage foodtech startups.

While Fisher said diet and lifestyle changes are key to improving metabolic health, she argued that new tools—from non-invasive glucose biosensors to tech measuring hormones and proteins in the blood—can help people better understand how food interventions impact their health.

“We’re looking at investing anywhere from $100,000 to $5 million and we might co invest with some seed venture capitalists that we’re partnered with and other angel networks. Each individual might put in a $10,000 check or a half a million dollar check, but we’ll pool the capital and make it really simple on the cap table for the startup.”

Image source: AgFunder News; FH Angels is an independent angel investment group born out of the innovation ecosystem at UC Davis. Image credit: istock/zimmytws

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