AgFunder

AgFunder, established in 2013, is a venture capital firm headquartered in San Francisco, California, with an additional office in the United Kingdom. It specializes in seed and early-stage investments in agritech and food tech companies that are driving meaningful environmental and social impact across the global food system. AgFunder evaluates each investment based on ESG principles and its potential to contribute to the United Nations' Sustainable Development Goals. The firm manages multiple funds, totaling over 50 portfolio companies, and also operates a global media platform, AFN, with over 90,000 subscribers.

Sofía Ramírez Calvo

Venture Partner

Quinten Eggink

Principal

Andrew Finkelstein

Principal

Manuel Gonzalez

Partner

Angela Tay

Senior Investment Associate

Past deals in Food

Cargill Hong Kong

Venture Round in 2024
Cargill Hong Kong is an agricultural technology service provider dedicated to optimizing food production and supply chain management with sophisticated agricultural technologies, resulting in increased sustainability and efficiency in agricultural production.

Biodefense

Pre Seed Round in 2024
Biodefense is a company focused on enhancing food safety through innovative microbial defense technologies. Its flagship product, Bioshield, is a protective coating derived from food sources that aims to maximize the safety, freshness, and shelf life of fresh produce. The company specializes in extracting and trapping pathogenic microbes from various environments, including water, consumer goods, and pharmaceutical products. This technology enables clients to achieve contaminant-free end products with precise, quantitative results at a single-cell level, significantly increasing confidence in food safety and quality. By addressing microbial threats effectively, Biodefense positions itself as a leader in the biodefense sector, fostering safer food supply chains.

eFeed

Seed Round in 2024
eFeed is an animal nutrition and health company that focuses on direct engagement with farmers to enhance the quality of animal-based products. Established on June 1, 2021, by Kumar Ranjan in Pune, Maharashtra, eFeed provides a platform that offers nutritional animal feed and feed recipes tailored to specific animal species. The company emphasizes traceability in animal nutrition, ensuring that consumers can identify the origins of their animal-based products. In addition to supplying feed, eFeed offers nutrition advisory services to help farmers optimize animal health and growth, ultimately leading to improved harvests and increased income. Through its innovative approach, eFeed aims to support sustainable farming practices and bolster the agricultural sector.

Vivagran

Pre Seed Round in 2024
Vivagran is a consumer-driven, cereal-based biotechnology company focused on developing and commercializing high-value branded cereals.

Fashol

Seed Round in 2024
Fashol is a technology-driven agricultural startup focused on enhancing the food supply chain by connecting farmers directly to markets. The company sources fresh produce from farmers and facilitates last-mile delivery to smallholder retailers, ensuring that customers receive traceable and safe food products. By streamlining the supply chain, Fashol aims to reduce complexity, time, and costs associated with traditional distribution methods, thereby empowering farmers and improving access for consumers.

Umaro

Seed Round in 2024
Umaro Foods focuses on creating a sustainable plant-based protein derived from ocean-farmed seaweed. The company aims to provide an alternative to traditional animal products by offering nutritious and flavorful food options, including crispy and umami-rich bacon alternatives. By leveraging seaweed farming, Umaro seeks to promote a more humane treatment of animals while also supporting environmental sustainability. The innovative approach positions seaweed as a viable and scalable source of protein, which can surpass traditional soy production, contributing to a thriving planet.

Meatiply

Seed Round in 2023
Producer of cultivated meat products intended to make healthy meat that is kind to animals and the planet. The company's products multiply cells derived from livestock animals to turn them into meat by sourcing the best cells, growing and maturing them, enabling consumers to directly reduce the negative impacts of food production and enjoy protein alternatives without having to harm the animal.

Exosomm

Pre Seed Round in 2023
Exosomm is an innovative foodtech start-up focused on developing nutritional solutions derived from natural milk exosomes. The company was founded based on research from Hadassah Medical Center, led by Prof. Reif's team. Exosomm's flagship product is a specialized food formula designed for patients suffering from inflammatory bowel diseases, such as Crohn's disease and ulcerative colitis. This product utilizes a patented active anti-inflammatory ingredient sourced from milk exosomes, which are isolated using a natural and environmentally friendly process. By targeting health and immunity, Exosomm aims to provide effective solutions for individuals with specific dietary needs.

DHF Platforms

Seed Round in 2023
DHF Platforms is a producer of sustainably sourced fruits and vegetables that offers a variety of fresh and healthy food products.

Fable

Series A in 2023
Fable Food Co is a company that specializes in plant-based meat alternatives, primarily utilizing shiitake mushrooms to replicate the taste and texture of traditional meat. The organization focuses on creating minimally processed, clean label products made from all-natural ingredients, catering to the growing demand for healthier and sustainable food options. Fable's offerings are widely available in major Australian grocery chains such as Harris Farm Markets, Coles, and Woolworths, as well as through meal delivery services like Marley Spoon and Dinnerly. Additionally, its products can be found on various restaurant menus across Australia, Singapore, and the UK, making them accessible to a diverse range of consumers seeking vegan substitutes for meat dishes.

Mayani

Seed Round in 2023
Mayani is a leading farm-to-table platform in the Philippines that connects over 60,000 smallholder farmers directly with consumers, including both retail and commercial clients. The company facilitates the purchase of fresh agricultural products such as vegetables, fruits, and packaged foods through its online platform, allowing customers to conveniently buy these items without leaving their homes. In addition to serving individual consumers, Mayani supports the agri-supply chain for prominent organizations like Shell, Robinsons, and Ayala Foundation. By leveraging technology, Mayani empowers farmers by providing them with a direct sales channel, thus enhancing their market access and income opportunities.

Black Sheep Foods

Series A in 2022
Black Sheep Foods Inc. is a San Francisco-based company, established in 2017, specializing in plant-based lamb alternatives. The company focuses on producing environmentally sustainable meat substitutes, specifically a plant-based version of ground lamb. Utilizing technology and analytical chemistry, Black Sheep Foods crafts its products from ingredients such as soy protein, coconut oil, and natural flavors. This innovative approach allows consumers to enjoy a flavorful lamb alternative that not only mimics the taste of traditional lamb but also helps reduce their carbon footprint, offering a cost-effective and health-conscious option in the meat alternative market.

Hoxton Farms

Series A in 2022
Hoxton Farms, based in London, UK, specializes in producing real animal fat without the use of animals. The company employs cell biology and advanced mathematical modeling to cultivate purified animal fat in bioreactors, catering primarily to the meat alternatives industry. This innovative approach enables the creation of cruelty-free fat that can be utilized not only in meat alternatives but also in other sectors such as bakery, confectionery, and cosmetics. By focusing on sustainable and ethical production methods, Hoxton Farms aims to transform the way fat is sourced and used in various products.

FYTO

Series A in 2022
FYTO, Inc. is a company based in Cambridge, Massachusetts, founded in 2019, that specializes in the development of plant-based feed production systems. The firm focuses on creating nutrient-dense crops and innovative cultivation and harvesting systems designed to enhance agricultural quality and consistency. FYTO's offerings include a variety of agricultural products such as animal feed, fodder, plant-based proteins, nutritional supplements, and bio-fertilizers. By employing climate-friendly methodologies, the company aims to improve both the economic and environmental sustainability of agriculture, providing personalized solutions to farmers worldwide that promote ultra-high yields while minimizing resource requirements.

Atomo Coffee

Series A in 2022
Atomo Coffee Inc, founded in 2019 and based in Seattle, Washington, specializes in the development of molecular coffee. The company has innovatively reverse-engineered the coffee bean to produce a smooth cup of coffee using naturally derived ingredients. This approach aims to offer a more sustainable alternative to traditional coffee production methods, addressing environmental concerns associated with coffee cultivation. By focusing on sustainability and quality, Atomo Coffee is positioned to disrupt the conventional coffee market with its unique product offerings.

Brown Foods

Seed Round in 2022
Brown Foods is to produce “real cow’s milk” in a laboratory.

Nom Nom Nom

Pre Seed Round in 2022
Nom Nom Nom is a company focused on revolutionizing the fast food industry by providing healthier meal alternatives. It offers a menu that features options based on vegetables, fruits, legumes, and whole grains, catering to health-conscious consumers who seek convenient dining choices without sacrificing their nutritional values. By promoting healthy eating habits, Nom Nom Nom aims to create fast food that is not only convenient but also more nutritious than traditional offerings.

Mooji Meats

Seed Round in 2022
Mooji Meats is a sustainable food manufacturing company specializing in the production of plant-based steaks designed to replicate the taste and texture of traditional meat. Utilizing a proprietary platform, Mooji Meats effectively mimics muscle structure using plant fibers, offering consumers an alternative to rib-eye steaks that delivers both indulgence and satisfaction. The company emphasizes health and environmental consciousness in its products, ensuring they are non-genetically modified organisms (GMO). Through its innovative approach, Mooji Meats aims to provide a luxurious dining experience while catering to the growing demand for sustainable food options.

Veggie Victory

Pre Seed Round in 2022
Veggie Victory is Nigeria's first plant-based food technology company, focusing on providing healthy and sustainable food options through its vegetarian restaurant. The company offers a variety of plant-based meats and meals designed to promote a healthier lifestyle while addressing food security, environmental, and socio-economic challenges in Africa. By delivering affordable and delicious plant-based products, Veggie Victory aims to enhance the dining experience for customers and encourage a shift towards more sustainable eating habits.

Green Rebel Foods

Seed Round in 2022
Green Rebel Foods is a company that specializes in producing plant-based meat alternatives designed to replicate the taste and texture of traditional meat without using animal products. Its offerings are rich in protein, contain no cholesterol, and have lower levels of saturated fat compared to conventional meat. The products are infused with authentic Asian flavors, appealing to consumers seeking both taste and health benefits. Additionally, Green Rebel Foods emphasizes sustainability by using fewer natural resources in the production of its items, thereby minimizing the environmental impact associated with meat consumption. This approach allows consumers to enjoy nutritious, meat-like products while supporting eco-friendly practices.

Umaro

Seed Round in 2022
Umaro Foods focuses on creating a sustainable plant-based protein derived from ocean-farmed seaweed. The company aims to provide an alternative to traditional animal products by offering nutritious and flavorful food options, including crispy and umami-rich bacon alternatives. By leveraging seaweed farming, Umaro seeks to promote a more humane treatment of animals while also supporting environmental sustainability. The innovative approach positions seaweed as a viable and scalable source of protein, which can surpass traditional soy production, contributing to a thriving planet.

Black Sheep Foods

Seed Round in 2022
Black Sheep Foods Inc. is a San Francisco-based company, established in 2017, specializing in plant-based lamb alternatives. The company focuses on producing environmentally sustainable meat substitutes, specifically a plant-based version of ground lamb. Utilizing technology and analytical chemistry, Black Sheep Foods crafts its products from ingredients such as soy protein, coconut oil, and natural flavors. This innovative approach allows consumers to enjoy a flavorful lamb alternative that not only mimics the taste of traditional lamb but also helps reduce their carbon footprint, offering a cost-effective and health-conscious option in the meat alternative market.

IntegriCulture

Series A in 2022
Integriculture Inc., established in 2015 and based in Tokyo, Japan, specializes in developing cellular agriculture products, focusing on clean meat and clean foie gras. The company's core business involves creating a patented large-scale cell culture system that can cultivate various cells without the need for expensive external growth factors, aiming to make clean meat more affordable and accessible. Additionally, Integriculture offers scientific visual content production services.

Juicy Marbles

Seed Round in 2021
Juicy Marbles is a food-tech company specializing in the production of thick, juicy, and marbled plant-based steaks. Utilizing proprietary protein texturing technology, the company creates whole cuts of plant-based meat designed to closely resemble and taste like traditional animal-derived products. Juicy Marbles aims to provide a diverse range of meat alternatives that match the taste, price, and convenience of conventional meats, thus facilitating a shift towards healthier eating habits. The company's vision includes a commitment to significantly reduce meat consumption by 2030, contributing to a more sustainable future for the meat industry.

Supplant

Series A in 2021
Supplant is a biotechnology platform working in the food sector. It develops natural food ingredients from agricultural resources to allow food manufacturers to decrease sugar, increase fiber, and boost the gut health-promoting qualities of its products.

Fable

Seed Round in 2021
Fable Food Co is a company that specializes in plant-based meat alternatives, primarily utilizing shiitake mushrooms to replicate the taste and texture of traditional meat. The organization focuses on creating minimally processed, clean label products made from all-natural ingredients, catering to the growing demand for healthier and sustainable food options. Fable's offerings are widely available in major Australian grocery chains such as Harris Farm Markets, Coles, and Woolworths, as well as through meal delivery services like Marley Spoon and Dinnerly. Additionally, its products can be found on various restaurant menus across Australia, Singapore, and the UK, making them accessible to a diverse range of consumers seeking vegan substitutes for meat dishes.

Hwy Haul

Series A in 2021
Hwy Haul is a technology startup based in Silicon Valley, established by a team with prior leadership experience at Walmart. The company aims to reduce food wastage during transportation through its innovative digital freight platform. This platform connects fresh produce growers, wholesalers, distributors, and retailers directly with dependable refrigerated carriers, streamlining the logistics process. By eliminating intermediaries, Hwy Haul enhances efficiency and transparency in freight transportation. Its marketplace allows users to search, compare, and book services from various partner operators, while also offering features such as real-time location tracking, cold-chain monitoring, online payments, and driver monitoring. This comprehensive approach enables clients to manage their transportation needs directly and reliably.

Green Butcher

Seed Round in 2021
Green Butcher operates as a plant-based eatery chain.

Atomo Coffee

Seed Round in 2020
Atomo Coffee Inc, founded in 2019 and based in Seattle, Washington, specializes in the development of molecular coffee. The company has innovatively reverse-engineered the coffee bean to produce a smooth cup of coffee using naturally derived ingredients. This approach aims to offer a more sustainable alternative to traditional coffee production methods, addressing environmental concerns associated with coffee cultivation. By focusing on sustainability and quality, Atomo Coffee is positioned to disrupt the conventional coffee market with its unique product offerings.

Jüsto

Seed Round in 2020
Jüsto is an online grocery store chain that specializes in delivery-only services. It provides a broad selection of items including fruits, vegetables, meat products, beauty products, and household supplies directly to consumers' doorsteps. The company focuses on offering fresh and healthy food products at competitive prices through its user-friendly platform.

Jüsto

Seed Round in 2020
Jüsto is an online grocery store chain that specializes in delivery-only services. It provides a broad selection of items including fruits, vegetables, meat products, beauty products, and household supplies directly to consumers' doorsteps. The company focuses on offering fresh and healthy food products at competitive prices through its user-friendly platform.

Singrow

Seed Round in 2020
Singrow is an agri-technology company based in Singapore, founded in 2020. It specializes in developing innovative solutions for the production of fruits and vegetables using a combination of plant science, CRISPR-Cas9 technology, holistic farming systems, smart sensors, and data science. The company aims to enhance agricultural practices by accelerating harvest times, increasing yield rates, and improving the value of produce. Singrow's platform focuses on genomic and precision agriculture transformation, enabling the cultivation of high-quality fruits and vegetables that are adapted to specific environmental conditions, such as humid weather.

IntegriCulture

Series A in 2020
Integriculture Inc., established in 2015 and based in Tokyo, Japan, specializes in developing cellular agriculture products, focusing on clean meat and clean foie gras. The company's core business involves creating a patented large-scale cell culture system that can cultivate various cells without the need for expensive external growth factors, aiming to make clean meat more affordable and accessible. Additionally, Integriculture offers scientific visual content production services.

Alpha Foods

Series A in 2020
Alpha Foods is a company specializing in the production of plant-based food products, emphasizing taste, texture, and sustainability. Founded in 2015, it is committed to providing delicious meat alternatives that are derived from non-dairy and non-genetically modified organisms ingredients. The company focuses on helping consumers maintain their health by offering cholesterol-free food options with enhanced protein content. Alpha Foods aims to create convenient, flavorful meals that reflect a return to a healthier diet while promoting sustainable practices within the food industry.

Chinova Bioworks

Seed Round in 2019
Chinova Bioworks Inc. is a Canadian company established in 2016, specializing in the development of natural antimicrobials for the beverage industry. Based in Fredericton, the company utilizes a chitosan polymer derived from fungal-sourced technology, specifically natural fibers from mushrooms. This innovative antimicrobial offers broad-spectrum protection against spoilage, effectively enhancing the shelf life of fresh juices and other products. Chinova's preservative is recognized for being a natural and healthy ingredient, making it suitable for use not only in foods and beverages but also in cosmetics and personal care items. By providing solutions that improve quality and freshness while reducing food waste, Chinova Bioworks aims to increase consumer satisfaction and support manufacturers in their efforts to deliver premium products.

ImpactVision

Seed Round in 2018
ImpactVision, Inc. is a technology company based in San Francisco, California, founded in 2015. It specializes in hyperspectral imaging technology and machine learning, focusing on food quality assessment and security. The company manufactures hyperspectral imaging cameras that are integrated into production lines, allowing food producers to evaluate the quality of their products in real time. Its software platform employs advanced algorithms to analyze images captured by the cameras, providing insights into food characteristics such as freshness and ripeness. Notable software packages include FoDCam for detecting foreign objects, AvoCam for measuring avocado dry matter, and fishcam for assessing fish quality. Through these innovations, ImpactVision aims to enhance food safety, reduce waste, and promote a transparent global food system.

Chinova Bioworks

Seed Round in 2018
Chinova Bioworks Inc. is a Canadian company established in 2016, specializing in the development of natural antimicrobials for the beverage industry. Based in Fredericton, the company utilizes a chitosan polymer derived from fungal-sourced technology, specifically natural fibers from mushrooms. This innovative antimicrobial offers broad-spectrum protection against spoilage, effectively enhancing the shelf life of fresh juices and other products. Chinova's preservative is recognized for being a natural and healthy ingredient, making it suitable for use not only in foods and beverages but also in cosmetics and personal care items. By providing solutions that improve quality and freshness while reducing food waste, Chinova Bioworks aims to increase consumer satisfaction and support manufacturers in their efforts to deliver premium products.

ImpactVision

Seed Round in 2017
ImpactVision, Inc. is a technology company based in San Francisco, California, founded in 2015. It specializes in hyperspectral imaging technology and machine learning, focusing on food quality assessment and security. The company manufactures hyperspectral imaging cameras that are integrated into production lines, allowing food producers to evaluate the quality of their products in real time. Its software platform employs advanced algorithms to analyze images captured by the cameras, providing insights into food characteristics such as freshness and ripeness. Notable software packages include FoDCam for detecting foreign objects, AvoCam for measuring avocado dry matter, and fishcam for assessing fish quality. Through these innovations, ImpactVision aims to enhance food safety, reduce waste, and promote a transparent global food system.

Kuli Kuli

Seed Round in 2014
Kuli Kuli, Inc. is a company based in Oakland, California, that specializes in producing nutritional moringa products. Founded in 2011 by Anne Tsuei, Jordan Moncharmont, Lisa Curtis, and Valerie Popelka, Kuli Kuli offers a diverse range of products, including moringa bars, moringa powders, green energy shots, herbal teas, and sampler packs. The company markets its offerings through both retail stores and online platforms, aiming to provide consumers with healthy and sustainable options derived from the moringa plant.
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