Happiness Capital is a venture capital firm that invests in startups that aim to improve the world’s happiness. The firm helps entrepreneurs to co-create a happier world as a global community. Its investment portfolio covers seed to growth-stage companies in the US, Europe, Israel, China, and Hong Kong, with the focus on the future of food, health, education, and work. Happiness Capital was founded in 2017 and is headquartered in Hong Kong.
Epoch Biodesign focuses on creating natural solutions to address climate challenges through the development of innovative enzymes. By integrating insights from nature with expertise in computational and biological sciences, the company enables the biorecycling of plastic waste into everyday chemicals. Their enzymatic process is tunable, allowing for efficient conversion of unrecyclable plastics into low-carbon alternatives. Epoch Biodesign's approach not only facilitates the recycling of plastic waste but also enhances the discovery and development of products using complex proteins, positioning the company as a significant player in advancing sustainable practices in waste management.
Project Eaden
Series A in 2025
Project Eaden focuses on the development and licensing of innovative technologies aimed at producing sustainable food and meat alternatives. The company's food technology platform combines advanced methodologies with culinary needs, offering sustainable products that cater to consumers' cravings for meat. By providing alternatives to traditional beef and beef products, Project Eaden seeks to meet the growing demand for environmentally friendly food options while promoting sustainability in the food industry.
Formo
Series B in 2024
Formo is a pioneering cellular agriculture company based in Europe that specializes in creating animal-free dairy products. By utilizing precision fermentation, Formo develops real, nature-identical milk proteins, allowing for the production of clean dairy alternatives. The company aims to provide sustainable and healthy options for consumers, particularly those seeking vegan food products. Through innovative biotechnology, Formo transforms nutrients into dairy proteins, contributing to a more equitable and environmentally friendly approach to dairy consumption.
NovoNutrients
Series A in 2024
NovoNutrients is focused on converting industrial waste carbon dioxide emissions into high-value protein and additives for food and feed. The company has developed a fermentation platform that utilizes proprietary microbes and advanced gas fermentation systems to transform CO2, along with hydrogen and oxygen, into safe and natural single-cell protein ingredients. This innovative approach enables the food industry to access sustainable protein sources, addressing the needs of a growing global population while also contributing to climate change mitigation through effective carbon capture and utilization.
Infinite Roots
Series B in 2024
Infinite Roots is a technology-driven company focused on creating sustainable health and wellness products using natural ingredients. By blending traditional remedies with modern science, the company emphasizes the use of organic and ethically sourced materials to promote holistic well-being. Their product range includes herbal supplements, skincare, and wellness solutions designed to support natural healing and balance. Additionally, Infinite Roots has developed fermentation technology that cultivates mushroom mycelium, enabling the production of nutritious and sustainable food options, including meat alternatives. This innovative approach allows the company to offer diverse, flavorful products while maintaining a strong commitment to environmental sustainability and ethical practices.
CellRev
Seed Round in 2023
CellRev is a biotechnology company specializing in innovative bioprocessing technologies aimed at improving cell manufacturing for various applications, including cultured meat, cell therapy, and biologics. The company's proprietary technology enables a shift from traditional batch processing to continuous processing of adherent cells, significantly enhancing yield while reducing operating costs and capital expenditures. CellRev's unique cell detachment process, combined with a specially designed bioprocess, addresses critical challenges in manufacturing, such as cell aggregation, clumping, and detachment. This approach allows cell-based vaccine and therapy developers to streamline their production processes, eliminate serum usage, and overcome significant bottlenecks in the industry.
Tômtex
Seed Round in 2023
Tômtex specializes in recycling agricultural waste to develop sustainable and bio-based materials that serve as alternatives to traditional faux and animal leather. By utilizing resources such as shellfish waste, mushrooms, and coffee grounds, the company creates practical materials that minimize environmental impact and promote biodegradability. Tômtex's innovative approach not only provides economical solutions for businesses but also helps customers reduce their greenhouse gas emissions and overall carbon footprint, contributing to a more sustainable future.
Solar Foods
Series B in 2023
Solar Foods Ltd. is a food-tech startup based in Lappeenranta, Finland, founded in 2017. The company specializes in producing a sustainable protein called Solein, which serves as an alternative to animal-derived proteins. Solein is developed through a unique process that combines electricity, hydrogen, carbon dioxide, water, vitamins, and minerals to cultivate microbial biomass. This method utilizes gas fermentation, allowing the production of edible calories from hydrogen-oxidizing microbes without reliance on traditional agriculture, weather, or climate conditions. Solar Foods aims to provide nutritious food ingredients and plant-based meat alternatives that promote sustainability in food production.
Gozen
Seed Round in 2023
Gozen is a material science platform focused on developing biomaterials for a sustainable future. By utilizing microorganisms and agricultural and industrial organic wastes, the company creates innovative biomaterials through a biomimicry approach, merging science with artistic expression. Gozen specializes in producing fully biodegradable, biocompatible, and non-toxic alternatives to traditional leather, providing the fashion industry with sustainable options that promote a natural connection to the environment and emphasize the importance of ecological balance.
Gozen Bioworks
Seed Round in 2023
Gozen Bioworks offers solutions and biomaterials developed with a biomimicry approach by combining science, art, philosophy, and design to raise awareness and provide help to the planet, living creatures, and humanity. They develop and invent high-performance microbe-derived materials from natural inputs, such as next-generation leather, biotextiles, bioplastics, packaging, and interior materials.
Vyoma
Seed Round in 2023
Vyoma is focused on developing a comprehensive satellite-based observation system aimed at monitoring space debris and ensuring safe satellite operations. By utilizing a proprietary fleet of satellites equipped with advanced cameras, sensors, and machine learning algorithms, the company provides a critical infrastructure for real-time mapping and cataloging of space objects. This technology enables satellite operators to autonomously navigate and avoid potential collisions with debris, addressing the increasing complexity of space traffic as orbital congestion grows significantly in the coming years. Vyoma's innovative solutions are essential for enhancing satellite safety and operational efficiency in an increasingly crowded space environment.
ClearSpace
Series A in 2023
ClearSpace is a spin-off of EPFL and was founded in early 2018 to lead the development of sustainable in-orbit services in the tracks of the EPFL CleanSpace One (CSO) mission. ClearSpace develops on-orbit technologies and provides services for non-functional satellites in orbit. ClearSpace has signed a service contract with ESA to lead the first mission to remove a Space Debris autonomously called ClearSpace-1.
Botrista
Series B in 2022
Botrista Technology, Inc. is a robotics company based in Hayward, California, specializing in automation solutions for the food services industry. Founded in 2017, the company has developed the Botrista Cloud Bar, an automated drink system that prepares a variety of craft beverages, including tropical lemonade, mixed berry black tea, and matcha almond milk. Botrista also manufactures the Automatic Boba Cooker, which streamlines the preparation of boba. By offering an end-to-end beverage solution for food and beverage retail chains, Botrista enhances drink selection, quality, and consistency while reducing labor costs. Their technology caters to the rising demands of health-conscious consumers by automating the production of specialty drinks, thus enabling clients to improve brand image and increase revenues from beverage sales.
Bosque Foods
Seed Round in 2022
Bosque Foods is a fungi-based food company focused on developing whole-cut meat alternatives derived from mycelium. The company aims to transform the meat alternatives market by offering products that are not only environmentally sustainable but also equitable and animal-free. Utilizing clean ingredients and minimal processing, Bosque Foods specializes in creating meat alternatives that incorporate fungal mycelium, legumes, and grains. Their offerings are designed to provide consumers with a taste, nutritional profile, and price point comparable to traditional meat, ensuring a satisfying experience without compromising on quality or sustainability.
Better Dairy
Series A in 2022
Better Dairy specializes in the production of animal-free dairy alternatives, utilizing precision fermentation and synthetic biology to create products that closely mimic traditional dairy items. By employing a fermentation process similar to brewing beer, the company is able to produce cheeses, yogurts, and ice creams that are molecularly identical to their conventional counterparts while entirely eliminating the use of animals. This innovative approach not only caters to consumers seeking dairy alternatives but also aims to reduce greenhouse gas emissions associated with traditional dairy farming. Better Dairy's commitment to sustainability and animal welfare positions it as a notable player in the dairy alternatives market.
CellRev
Seed Round in 2022
CellRev is a biotechnology company specializing in innovative bioprocessing technologies aimed at improving cell manufacturing for various applications, including cultured meat, cell therapy, and biologics. The company's proprietary technology enables a shift from traditional batch processing to continuous processing of adherent cells, significantly enhancing yield while reducing operating costs and capital expenditures. CellRev's unique cell detachment process, combined with a specially designed bioprocess, addresses critical challenges in manufacturing, such as cell aggregation, clumping, and detachment. This approach allows cell-based vaccine and therapy developers to streamline their production processes, eliminate serum usage, and overcome significant bottlenecks in the industry.
TruTag Technologies
Series D in 2021
TruTag Technologies, Inc. specializes in precision-fabricated nano-porous silica for applications in drug delivery, product authentication, and data intelligence. The company has developed TruTag, an edible microtag that enables the identification and quality assurance of various products, including medicines, food items, and consumer goods. This technology is instrumental in combating counterfeiting, managing product diversions, and enhancing quality control across industries such as healthcare, life sciences, and food and beverages. TruTag Technologies operates a state-of-the-art cGMP manufacturing facility in Hawaii and maintains engineering and business development offices in California, Pennsylvania, Florida, Massachusetts, and Scotland. The company has been recognized for its innovative contributions, receiving accolades from organizations such as the SPIE Prism Awards and the World Economic Forum.
Formo
Series A in 2021
Formo is a pioneering cellular agriculture company based in Europe that specializes in creating animal-free dairy products. By utilizing precision fermentation, Formo develops real, nature-identical milk proteins, allowing for the production of clean dairy alternatives. The company aims to provide sustainable and healthy options for consumers, particularly those seeking vegan food products. Through innovative biotechnology, Formo transforms nutrients into dairy proteins, contributing to a more equitable and environmentally friendly approach to dairy consumption.
Microgenesis
Convertible Note in 2021
Microgenesis is a biotechnology company focused on improving fertility and pregnancy health through innovative diagnostic and treatment solutions. It offers a non-invasive fertility test that identifies subclinical inflammation affecting ovarian function and implantation, particularly beneficial for women who have experienced multiple IVF failures. The company's personalized nutritional supplementation aims to restore fertility potential in women, utilizing all-natural and drug-free methods. Operating out of a CLIA-certified lab in Oakland, Microgenesis is expanding its services to obstetricians and gynecologists, as well as direct-to-consumer markets. In addition to its fertility test, the company provides tools to analyze microbiota imbalances linked to infertility and immunological issues, thus addressing complex reproductive health cases comprehensively.
NovoNutrients
Seed Round in 2021
NovoNutrients is focused on converting industrial waste carbon dioxide emissions into high-value protein and additives for food and feed. The company has developed a fermentation platform that utilizes proprietary microbes and advanced gas fermentation systems to transform CO2, along with hydrogen and oxygen, into safe and natural single-cell protein ingredients. This innovative approach enables the food industry to access sustainable protein sources, addressing the needs of a growing global population while also contributing to climate change mitigation through effective carbon capture and utilization.
Botrista
Series A in 2021
Botrista Technology, Inc. is a robotics company based in Hayward, California, specializing in automation solutions for the food services industry. Founded in 2017, the company has developed the Botrista Cloud Bar, an automated drink system that prepares a variety of craft beverages, including tropical lemonade, mixed berry black tea, and matcha almond milk. Botrista also manufactures the Automatic Boba Cooker, which streamlines the preparation of boba. By offering an end-to-end beverage solution for food and beverage retail chains, Botrista enhances drink selection, quality, and consistency while reducing labor costs. Their technology caters to the rising demands of health-conscious consumers by automating the production of specialty drinks, thus enabling clients to improve brand image and increase revenues from beverage sales.
Redefine Meat
Series A in 2021
Redefine Meat Ltd. is a company that specializes in producing animal-free meat alternatives, primarily focusing on replicating the texture, flavor, and overall experience of traditional beef products. Utilizing proprietary 3D printing technology, digital meat modeling, and innovative food formulations, Redefine Meat creates products that are derived from natural and sustainable ingredients. The company's approach caters to meat distributors, restaurants, and retailers, providing a more efficient and ethical way to produce meat without the use of animals. Founded in 2018 and headquartered in Tel Aviv, Israel, Redefine Meat aims to transform the meat industry by offering high-quality plant-based alternatives that appeal to both consumers and businesses.
Microgenesis
Convertible Note in 2021
Microgenesis is a biotechnology company focused on improving fertility and pregnancy health through innovative diagnostic and treatment solutions. It offers a non-invasive fertility test that identifies subclinical inflammation affecting ovarian function and implantation, particularly beneficial for women who have experienced multiple IVF failures. The company's personalized nutritional supplementation aims to restore fertility potential in women, utilizing all-natural and drug-free methods. Operating out of a CLIA-certified lab in Oakland, Microgenesis is expanding its services to obstetricians and gynecologists, as well as direct-to-consumer markets. In addition to its fertility test, the company provides tools to analyze microbiota imbalances linked to infertility and immunological issues, thus addressing complex reproductive health cases comprehensively.
Plantix
Venture Round in 2020
Plantix is a digital platform designed to support small-scale farmers by connecting them with agri-retailers. The company has developed two key applications, Plantix and Plantix Partner, which promote profitable and sustainable farming practices. Utilizing image recognition technology, Plantix enables users to diagnose crop issues by sending pictures of affected plants through their smartphones. This process provides farmers with essential guidance to identify plant diseases, helping them combat crop shortfalls and reduce unnecessary pesticide usage. By fostering a supportive ecosystem, Plantix aims to enhance agricultural productivity and sustainability for small-scale farmers.
Better Dairy
Seed Round in 2020
Better Dairy specializes in the production of animal-free dairy alternatives, utilizing precision fermentation and synthetic biology to create products that closely mimic traditional dairy items. By employing a fermentation process similar to brewing beer, the company is able to produce cheeses, yogurts, and ice creams that are molecularly identical to their conventional counterparts while entirely eliminating the use of animals. This innovative approach not only caters to consumers seeking dairy alternatives but also aims to reduce greenhouse gas emissions associated with traditional dairy farming. Better Dairy's commitment to sustainability and animal welfare positions it as a notable player in the dairy alternatives market.
Senseer
Convertible Note in 2020
Senseer Health, founded in 2017, focuses on addressing the chronic disease market by developing Smart Medical Device Therapies for managing various chronic conditions, which affect a significant portion of older adults. The company's innovations began with patented microsensors that monitor implantable devices for patients with hydrocephalus, renal, and cardiovascular diseases. To enhance the effectiveness of these microsensor-enabled devices, Senseer has incorporated advanced wearable and ambient sensor technologies. The integration of these multi-modal sensor technologies with an IoT software platform allows for the utilization of proprietary data sets and predictive analytics. This comprehensive approach provides healthcare providers with tools for remote monitoring and timely interventions, ultimately aiming to improve the quality of life for individuals with chronic conditions while reducing costs and enhancing patient safety.
Ynsect
Series C in 2020
Ynsect is a biotech company based in Evry, France, specializing in the production and processing of insects for use in animal feed and non-food applications. Founded in 2011, the company operates insect production facilities that utilize bioconversion processes to transform organic resources into high-quality nutrients, including proteins and lipids for livestock and pet nutrition, as well as organic fertilizers and bioenergy. Ynsect's innovative approach allows for large-scale insect farming and automation, making it a preferred partner for agri-food professionals, laboratories, and investors. Through its expertise, Ynsect aims to provide sustainable and premium nutrition solutions, addressing the growing demand for alternative protein sources in the agro-food and environmental biotech sectors.
Infinite Roots
Series A in 2020
Infinite Roots is a technology-driven company focused on creating sustainable health and wellness products using natural ingredients. By blending traditional remedies with modern science, the company emphasizes the use of organic and ethically sourced materials to promote holistic well-being. Their product range includes herbal supplements, skincare, and wellness solutions designed to support natural healing and balance. Additionally, Infinite Roots has developed fermentation technology that cultivates mushroom mycelium, enabling the production of nutritious and sustainable food options, including meat alternatives. This innovative approach allows the company to offer diverse, flavorful products while maintaining a strong commitment to environmental sustainability and ethical practices.
Intuition Robotics
Series B in 2020
Intuition Robotics Ltd. is a company based in Ramat Gan, Israel, founded in 2015. It specializes in designing and developing artificial intelligence-based social companion technologies aimed at improving the quality of life for older adults. The company’s technology includes robots that facilitate seamless connections between older individuals and their family and friends, making technology more accessible and user-friendly. By employing proprietary algorithms, Intuition Robotics' digital companions proactively engage users, helping to address challenges such as loneliness, social isolation, and health issues. The company’s focus is on enabling older adults to maintain their independence for longer periods while promoting an active lifestyle.
TruTag Technologies
Series C in 2019
TruTag Technologies, Inc. specializes in precision-fabricated nano-porous silica for applications in drug delivery, product authentication, and data intelligence. The company has developed TruTag, an edible microtag that enables the identification and quality assurance of various products, including medicines, food items, and consumer goods. This technology is instrumental in combating counterfeiting, managing product diversions, and enhancing quality control across industries such as healthcare, life sciences, and food and beverages. TruTag Technologies operates a state-of-the-art cGMP manufacturing facility in Hawaii and maintains engineering and business development offices in California, Pennsylvania, Florida, Massachusetts, and Scotland. The company has been recognized for its innovative contributions, receiving accolades from organizations such as the SPIE Prism Awards and the World Economic Forum.
Mitte
Seed Round in 2018
Mitte is a Berlin-based company dedicated to creating innovative drinking water solutions that align with modern health and sustainability needs. The company has developed a range of products inspired by the natural water cycle, with a focus on user-friendly design. Its flagship offering, Mitte Home, is a smart water purification system that employs advanced filtration and mineralization technologies to enhance the taste and quality of drinking water. This system allows consumers to personalize their hydration experience through various mineral cartridges, which provide different levels of natural minerals. By integrating purification and enhancement, Mitte aims to redefine how individuals interact with and consume water in the 21st century.
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