Uber investor Hillhouse goes after food and beverage startups with $100M fund – TechCrunch

The food and beverage market is having a moment as venture capital money sloshes around looking for its high-potential startups. Hillhouse Capital, the China-based investment fund that counts Airbnb, Uber, Baidu, and Tencent and several other tech heavyweights in its portfolio, has set up a $100 million fund with San Francisco-based private equity firm VMG…