TLDR:
- Ciro Gonzalez, formerly an investment associate at Munich Re Ventures, has been appointed as head of Sigma Ventures.
- Sigma Alimentos launched the Tastech by Sigma accelerator in 2019 to identify startups working on future foods and AI-driven technologies.
In a recent development, Ciro Gonzalez has been named as the head of Sigma Ventures, the corporate venture capital arm of Mexican frozen food producer Sigma Alimentos. Gonzalez, who previously worked as an investment associate at Munich Re Ventures, will now lead Sigma’s efforts to invest in startups focused on future foods and AI technologies.
In 2019, Sigma launched an accelerator program called Tastech by Sigma to engage with startups in the food tech space. The initiative has attracted startups from 53 countries across five editions, showcasing Sigma’s commitment to innovation and investment in early-stage companies.
Under Gonzalez’s leadership, Sigma has already made strategic investments in companies like The Live Green, a plant-based food producer, and Chunk Foods, a producer of meat alternatives. His appointment comes after a series of changes in Sigma Ventures’ leadership, with Eduardo Taylor Elizondo and José Ignacio Francés Fortín previously holding the lead roles.
Sigma Ventures operates in partnership with Bluebox Ventures, a Mexican corporate venture capital-as-a-service firm that recently merged with Chilean peer Innova360. This collaboration highlights Sigma’s focus on leveraging external expertise and resources to drive its venture capital initiatives forward.
The appointment of Ciro Gonzalez as the head of Sigma Ventures signifies a new chapter in Sigma’s investment strategy, as the company continues to explore opportunities in the rapidly evolving food tech and AI sectors. With a strong track record in venture capital and a background in corporate innovation, Gonzalez is well-positioned to lead Sigma’s CVC efforts and drive growth through strategic investments in innovative startups.
