Coca-Cola shuts its 3-year-old startup incubator
Coca-Cola has shut its three-year-old Founders program under which it gave startups access to its resources and seed funding worth $1 million or less. Coca-Cola said it will continue to work with the 12 companies it had funded, but will not fund new ones under the program. David Butler, VP of Innovation of Founders initiative has also left the company.