Unilever invests in new venture fund Physic Ventures
Unilever has invested in a San Francisco venture firm called Physic Ventures, according to VentureWire (sub required).
The firm will take over management of Unilver’s portfolio of private investments, which until now has been run by a venture arm of Unilever.
The firm will invest in “consumer-directed health, wellness and sustainable living” companies, according to its Web site.
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