AgFunder

Founded in 2013, AgFunder is a venture capital firm based in San Francisco, California. It invests globally in agritech and food tech startups that are solving problems in the food system through automation, digitization of supply chain, food waste reduction, alternative proteins, and nutrition. The firm manages multiple funds and has invested in over 50 companies, aiming to deliver meaningful environmental and social impact across the food system.

Michael Dean

Partner

Quinten Eggink

Principal

Andrew Finkelstein

Investor

Andrew Finkelstein

Principal

John Friedman

Investor

Past deals in Sustainability

Eion

Series A in 2024
Eion develops and deploys enhanced rock weathering to permanently remove atmospheric CO2 by applying mineral amendments to agricultural soils. The process accelerates natural weathering to capture and store carbon, providing a verifiable pathway to decarbonization for farmers and the agricultural sector. The company also operates a geoscience and agronomic research platform that validates carbon removal procedures at scale, ensuring scientific verification of results.

Sylvarum

Pre Seed Round in 2024
Sylvarum is an innovative biotech startup focused on plant electrostimulation technology designed to enhance crop metabolism. By employing external electric and magnetic fields, the company aims to improve the natural metabolic processes of plants. This approach leads to better germination rates, accelerated growth, and increased ion uptake capacity, resulting in significant yield improvements for agricultural producers. Sylvarum's technology represents a transformative solution for the agricultural sector, enabling sustainable and efficient crop production.

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.

Varaha

Series A in 2024
Varaha specializes in generating carbon credits through innovative technology solutions aimed at combating climate change. The company operates nature-based carbon removal projects, utilizing advanced measurement technologies to ensure high-integrity carbon credits. This approach enhances smallholder livelihoods by providing sustainable income opportunities while contributing to global efforts in reducing greenhouse gas emissions and improving climate resilience.

Neatleaf

Seed Round in 2024
Neatleaf is a developer of a sustainable agriculture platform that focuses on producing optimal yields while minimizing costs and environmental impact. The company leverages advanced technologies, including machine learning and agronomy, to provide reliable solutions that reduce the need for pesticides and enhance productivity. Neatleaf's platform is designed to be intuitive and accessible, allowing farmers to maximize their output while conserving resources and maintaining high product quality. By offering tools that facilitate quick returns with minimal financial risk, Neatleaf supports agricultural practices that align with sustainability goals, positively impacting both farmers and the planet.

CarbonFarm Technology

Seed Round in 2023
CarbonFarm Technology facilitates regenerative agriculture for farmers, making it profitable while assisting corporations in meeting their net-zero emission targets. It uses satellite data and AI to provide transparent carbon credit monitoring.

Nium

Seed Round in 2023
Nium is a climate technology company focused on decarbonizing industry through innovative nanotechnology. The company has developed a nanocatalyst reactor that facilitates the on-site synthesis of ammonia, utilizing renewable energy sources. This system, known as Green Ammonia on Demand, allows for the decentralized production of ammonia, which can be stored and transported efficiently. By integrating its reactor with hydrogen-producing facilities, Nium aims to significantly reduce carbon dioxide emissions, thereby helping industries lower their carbon footprints and contribute to a more sustainable economy.

CarbonFarm Technology

Pre Seed Round in 2023
CarbonFarm Technology facilitates regenerative agriculture for farmers, making it profitable while assisting corporations in meeting their net-zero emission targets. It uses satellite data and AI to provide transparent carbon credit monitoring.

The Kawa Project

Pre Seed Round in 2023
The Kawa Project is a materials science company dedicated to developing functional materials derived from food waste, with a primary focus on upcycling coffee waste. By transforming this byproduct into valuable alternatives to traditional cocoa powder, the company aims to contribute to climate change mitigation while offering clients innovative solutions for food waste management. Through its efforts, The Kawa Project seeks to create less-toxic materials that not only enhance sustainability but also provide practical applications across various industries.

Future Fields

Series A in 2023
Future Fields is a biotechnology company focused on sustainable biomanufacturing of high-value proteins using fruit flies. Its EntoEngine platform leverages the genetics of fruit flies to produce recombinant biomolecules in a cost-effective and environmentally friendly manner. Founded in 2018 and headquartered in Edmonton, Canada, the company develops a range of proteins, including custom and difficult-to-express molecules, enabling researchers and biopharmaceutical developers to access scalable protein production with reduced environmental impact. By combining insect-based production with scalable biomanufacturing capabilities, Future Fields aims to accelerate scientific progress while promoting sustainability in biotech.

Eion

Series A in 2022
Eion develops and deploys enhanced rock weathering to permanently remove atmospheric CO2 by applying mineral amendments to agricultural soils. The process accelerates natural weathering to capture and store carbon, providing a verifiable pathway to decarbonization for farmers and the agricultural sector. The company also operates a geoscience and agronomic research platform that validates carbon removal procedures at scale, ensuring scientific verification of results.

Black Sheep Foods

Series A in 2022
Black Sheep Foods is a plant-based meat company that develops a lamb substitute. Incorporated in 2017 and based in San Francisco, it employs analytical chemistry to formulate products from soy protein, coconut oil, and natural flavors. The ground lamb alternative is designed to mimic the taste of lamb while offering environmental benefits and lower cost relative to animal-based meat. The company positions its products as a sustainable option for reducing carbon footprint through plant-based protein.

Propagate

Series A in 2022
Propagate is a regenerative agriculture company focused on facilitating the integration of agroforestry systems for farmland owners. By promoting the cultivation of permanent crops alongside traditional farming practices, Propagate enhances farm profitability while improving environmental outcomes such as water quality, biodiversity, and soil health. The company offers an end-to-end solution that includes farm planning software, technical assistance, project development services, and financing programs, thereby helping farms mitigate risks associated with incorporating fruit, nut, and timber trees into their operations. Founded in 2017, Propagate’s software, Overyield, currently supports over 55,000 acres of agroforestry and has helped plan more than 3,000,000 trees and shrubs. The company actively manages over 2,400 commercial acres through its regional agroforestry hubs in New York and Kentucky and has successfully planted over 200,000 trees in the past five years. Propagate is also partnered with various organizations, including USDA programs, to further its impact in sustainable agriculture.

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.

Modern Synthesis

Seed Round in 2022
Modern Synthesis is a biotechnology company that develops biofabricated materials by converting bacterial nanocellulose, a by‑product of fermentation, into sustainable textiles and coatings. Its materials offer performance and aesthetics without plastics, petrochemicals, or animal inputs, enabling durable options for the fashion industry and beyond. The process leverages abundant raw materials and integrates with existing manufacturing infrastructure to scale production without starting from scratch, helping brands replace animal leather and plastic‑based textiles while reducing environmental impact and expanding design possibilities.

Mooji Meats

Seed Round in 2022
Mooji Meats is a sustainable food manufacturing company that produces and sells plant-based steaks.

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 operates a company producing plant-based meat alternatives. Their products offer high protein content, zero cholesterol, reduced saturated fat, and lower environmental impact compared to animal-derived products.

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 is a plant-based meat company that develops a lamb substitute. Incorporated in 2017 and based in San Francisco, it employs analytical chemistry to formulate products from soy protein, coconut oil, and natural flavors. The ground lamb alternative is designed to mimic the taste of lamb while offering environmental benefits and lower cost relative to animal-based meat. The company positions its products as a sustainable option for reducing carbon footprint through plant-based protein.

Integriculture

Series A in 2022
Integriculture develops cellular agriculture products including clean meat and clean foie gras, and offers scientific visual content production. Founded in 2015 and based in Tokyo, Japan, the company aims to enhance sustainability and food security by enabling scalable cell culture. Its patented general-purpose large-scale cell culture system can culture a wide range of cells without external growth factors, enabling affordable clean processed meat. This technology supports the production of safer, more sustainable alternatives to conventional meat and broader access to cellular agriculture solutions.

Aigen

Seed Round in 2022
Aigen develops autonomous, solar-powered robotics for agriculture. Their platform manages plants without chemical inputs, promoting soil health regeneration and reducing manual labor needs.

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.

Green Butcher

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

Integriculture

Series A in 2020
Integriculture develops cellular agriculture products including clean meat and clean foie gras, and offers scientific visual content production. Founded in 2015 and based in Tokyo, Japan, the company aims to enhance sustainability and food security by enabling scalable cell culture. Its patented general-purpose large-scale cell culture system can culture a wide range of cells without external growth factors, enabling affordable clean processed meat. This technology supports the production of safer, more sustainable alternatives to conventional meat and broader access to cellular agriculture solutions.

MycoWorks

Series A in 2020
MycoWorks is a biotechnology company specializing in the production of non-plastic and non-animal materials. Utilizing fungal mycelium, they create energy-efficient and biodegradable alternatives to plastic foams, textiles, woods, and leather for various industries such as aerospace, automotive, apparel, and architecture.

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.

Connecterra

Series A in 2018
Connecterra is a software company serving the dairy industry, developing predictive intelligence and AI-enabled solutions that turn sensor data into actionable insights. Its platform helps dairy processors, animal feed and genetic firms identify on-farm issues, optimize facilities, and guide farmers toward more sustainable operations by translating disparate data into efficiency improvements. The system uses sensors and artificial intelligence to monitor farm conditions, support decision-making, and promote sustainable farming practices, with the goal of growing food sustainably while preserving natural resources.

The Yield

Series A in 2017
The Yield Technology Solutions Pty Ltd is an agriculture technology company based in Sydney, Australia, focused on enhancing farm decision-making and improving crop yields. Established in 2014, the company offers a comprehensive platform that assists growers in making informed decisions, supported by its Sensing+ microclimate sensing system which accurately reflects the natural ecosystem on farms. Additionally, The Yield provides a growers' app that delivers critical information regarding growing conditions. The company's mission is to promote sustainable agricultural practices that increase food production while minimizing environmental impact, addressing the challenges of climate change and the need to produce significantly more food by 2050. By leveraging digital technology, The Yield aims to unlock new levels of productivity across the food value chain, inspiring a new generation to engage in agriculture.
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