Redesdale Food Fund set to invest in new food start-ups

The food fund led by John Conroy, formerly of Merrion Capital, is aiming to invest in new businesses that can be scaled internationally

Leo Varadkar, Minister for Enterprise, Trade and Employment, , Nicola Nic Phaidin, Enterprise Ireland ,Agnese Filippi, country manager of Coca Cola and John Conroy, CEO Redesdale Group

The €75 million Redesdale Food Fund is set to announce its first investments early next year by providing seed funding to two Irish food start-ups.

Led by financier John Conroy, who was chief executive of Merrion Capital for many years, the Redesdale Food Fund was launched earlier this month and aims to provide seed and early-stage capital to Irish food entrepreneurs.

Speaking to the Business Post, Conroy said venture capital (VC) funds have been singled ...