Ki Tua Fund Joins Plug and Play as a Corporate Partner
SUNNYVALE, CA, November 9, 2023 - Plug and Play is excited to welcome the Ki Tua Fund as a corporate partner. The Ki Tua Fund is the newly formed corporate ventures arm of the Fonterra Cooperative Group, a New Zealand dairy nutrition company.
The focus of the Ki Tua Fund is to invest in, partner, and work with extraordinary founders and startups, to accelerate and scale disruptive solutions together. Combining science, nutrition, and technology to make a positive impact on health.
Ki Tua Fund is inspired by the strength and scale of Fonterra Group, bringing real-world experience and expertise, drawing on nearly 100 years of capability and ingenuity, manufacturing and distribution experience. While the standalone operating model gives it the independence to be agile and responsive in working alongside startups.
The fund believes in the power of long-term partnerships with purpose, putting founders first and supporting them to succeed while staying true to their vision.
“We’re excited to be partnering with Plug and Play and the world’s best startups as we work together to make a positive impact on health,” said Hamish Gowans, Ki Tua Fund.
"We are thrilled to have the Ki Tua Fund join our ecosystem here in Silicon Valley," said Robert Grey, Corporate Partnerships Manager at Plug and Play. "We look forward to supporting their investment thesis and innovation journey by connecting them with relevant startups for investment and partnership which align with their vision and ultimately shape the Ki Tua Funds future, together."
About Ki Tua
The Ki Tua Fund is the corporate ventures arm of the Fonterra Group a New Zealand based dairy nutrition company. www.kituafund.com
About Fonterra
Fonterra Cooperative Group is a New Zealand farmer-owned dairy company, with a significant portfolio of brands in Asia Pacific and a partner to many of the world's leading food companies. Fonterra is headquartered in New Zealand, with offices in more than 40 countries around the world. www.fonterra.com
About Plug and Play
Plug and Play is the leading innovation platform, connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we're present in 50+ locations across 5 continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where we've invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. For more information, visit https://www.plugandplaytechcenter.com/