Excerpts from the local news today ✑
“Future Ventures co-founders Steve Jurvetson and Maryanna Saenko finalized their 10th investment last month. According to Saenko, Future Ventures only invests in companies committed to fostering positive change without preying on people’s frailties and fears. “We don’t do much in consumer sectors,” Jurvetson said. “Right,” Saenko replied, laughter echoing through their 465 First St. conference room, adorned with space paraphernalia from various Apollo missions.
“We are on the lookout for something that will surprise us that’s at the edge of what was formerly understood,” Jurvetson said, citing another investment, Berkeley-based Memphis Meats, as an example.
Established in 2015 by cardiologist Uma Valeti, Memphis Meats grows cells… to lower the amount of land, water, power and chemicals necessary for meat production.
“If they succeed, they’ll change the landscape physically and metaphorically for the planet,” he said. “If they don’t, we’re in deep trouble.”
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