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Paine Partners Buying Food Safety Platform Global ID@2x

April 06, 2015

Silicon Valley Firmly Plants Roots in Farm Belt

By ILAN BRAT and JACOB BUNGE

New technologies that promise to change how food is grown, transported and sold are attracting increased interest from the kinds of investors that have fueled Silicon Valley powerhouses. The money involved in U.S. food startups is still small compared with Internet companies. But venture-capital investment in agriculture and food soared 54% to $486 million last year, according to Dow Jones VentureSource.

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