1868 Ventures will fund agriculture, lawncare and sustainable packaging technology developers, providing up to $2.5m for a first investment.

US-based garden and lawn product maker Scotts Miracle-Gro has formed a $50m corporate venture capital vehicle called 1868 Ventures in partnership with corporate VC services provider Touchdown Ventures. Scotts Miracle-Gro oversees a range of brands that collectively offer lawncare and gardening products such as fertiliser, soil and nutrients, pest and weed control, and equipment for…

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