Battery Ventures to acquire ifp.

Battery Ventures, a global, technology-focused investment firm, agreed to acquire ifp, an accredited laboratory for food analysis as well as for the analysis of feed, drinking water and pharmaceuticals. Financial terms were not disclosed. “At Battery, we have been tracking the critical food-safety sector for several years, particularly as the global food-supply chain has become more complex—creating more opportunities for safety issues. At the same time, consumers are increasingly sensitive to food safety, quality and its sustainability, with many seeking healthier options that are free of additives,” Zack Smotherman, Partner Battery.