Fresh Del Monte Produce Inc. announced its partnership with I Squared Capital, as part of its transformation into a digital-forward company. By creating this partnership and investing in the I Squared Global InfraTech Fund, Fresh Del Monte takes the next step to further enhance its products and customer satisfaction.

The fund invests in innovative growth-stage companies applying technology in various infrastructure sectors, including logistics, supply chain and agriculture. Fresh Del Monte and I Squared Capital will share investment prospects, seek to co-invest in certain deals and offer general support by sharing research and learnings in such technology fields as the Internet of Things (IoT), energy storage and vertical farming.