CPT Capital

CPT Capital is a venture capital firm established in 2017 and headquartered in London, United Kingdom. The firm specializes in seed-stage investments, primarily focusing on the alternative protein sector, which includes plant-based proteins, recombinant proteins, and cell-based meat. CPT Capital aims to support visionary founders and drive innovation within the food and materials technology revolution, emphasizing the replacement of animals in the supply chain. In addition to its primary focus on alternative proteins, the firm also considers investments across various sectors, including healthcare, information technology, and consumer products, with a geographical reach that spans the United States, Israel, Europe, and Asia.

Lesley Farrah Dorwling-Carter

Senior Associate

Coco Hollamby

Investment Analyst

George Howard

Managing Director

Debbie Jones

CFO

Melody Violton

Senior Associate

Past deals in Food

Shiru

Series B in 2024
Shiru, Inc. is a food technology company based in Oakland, California, established in 2019. It specializes in the development and production of proteins aimed at replacing dairy products and eggs within the food industry. Utilizing artificial intelligence, bioinformatics, and precision biology, Shiru focuses on the discovery and creation of novel, sustainable protein ingredients. By leveraging computational design, the company aims to provide enhanced protein solutions that support environmentally friendly practices while meeting consumer demands. Shiru's innovative approach positions it at the forefront of efforts to create sustainable and healthier food options.

Enough

Series C in 2023
ENOUGH is a technology spin-out from the University of Strathclyde focused on developing and commercializing innovative patented technology for the production of mycoprotein, a meat alternative. The company integrates mycoprotein production within existing bio-refinery operations that also produce bio-ethanol and animal feed, promoting a sustainable circular economy. ENOUGH's mycoprotein-based products are designed to be environmentally friendly, utilizing less water and generating lower carbon dioxide emissions while employing a zero-waste fermentation process. This approach allows for the creation of food ingredients that contain all essential amino acids and are high in dietary fiber, providing consumers with a low-cost, sustainable protein option that serves as a meat substitute.

PoLoPo

Pre Seed Round in 2023
PoLoPo is a biotechnology company focused on the large-scale production of plant-based proteins tailored to meet the increasing demand for non-animal-derived protein sources. The company specializes in developing a "superAA" plant through directed metabolic engineering techniques, maximizing the ability of plants to function as factories for various metabolites and green proteins. By enhancing the production of free amino acids, PoLoPo effectively increases the overall output of proteins in plant organs. This innovative approach not only supports the creation of nutritious food options from plants but also promotes sustainable and climate-friendly protein production, aligning with contemporary consumer preferences.

Equinom

Series D in 2022
Equinom is an innovative food-tech company focused on developing non-GMO plant-based ingredients through a unique combination of agricultural expertise, culinary knowledge, and advanced technology. By addressing the historical emphasis on crops primarily for animal feed, Equinom aims to meet the increasing demand for plant-based foods, which is projected to only meet half of the expected market needs. The company employs proprietary Manna™ technology, utilizing artificial intelligence to accelerate the breeding of high-yield crops naturally, without genetic modification. This approach not only enhances the flavor and nutritional value of meat and dairy alternatives but also promotes biodiversity and climate resilience, essential for future food security. Collaborating with partners such as Meatless Farm and Roquette, Equinom has established itself as a trusted supplier of superior ingredients, supported by significant investments from industry leaders like BASF and Roquette. Through its commitment to sustainable development and precision breeding, Equinom is positioned to play a critical role in the evolving landscape of plant-based consumption.

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.

Avant Meats

Venture Round in 2022
Avant Meats is a biotechnology company that specializes in the production of cell-based animal protein food products, specifically focusing on fish and marine proteins. The company has developed an end-to-end technology platform that enables the production of nutritious and flavorful fish proteins directly from fish cells, eliminating the need for traditional fishing practices. This innovative approach allows for the sustainable cultivation of animal-free protein, ensuring that the resulting products are free from pollutants and produced in a fully contained environment. Avant Meats aims to provide customers with high-quality, sustainable protein options for various applications, including food, skincare, and functional use, while advancing commercial product innovation and intellectual property in the field.

Mozza

Venture Round in 2022
Mozza is a Los Angeles-based company founded in 2018 that specializes in the development of plant-based cheese products. The company aims to create cheese derived from plants that closely replicates the taste and texture of traditional dairy cheese. By utilizing bovine milk proteins, Mozza produces cheese that exhibits the same characteristics as its animal-derived counterparts, including melt, stretch, and flavor. This innovation provides consumers with a viable alternative to dairy cheese, catering to the growing demand for plant-based food options.

New Culture

Series A in 2021
New Culture Inc. is a food and beverage company based in San Francisco, California, specializing in the production of animal-free cheese. Founded in 2018, the company utilizes microflora to create dairy proteins and a variety of cheese products that are sustainable, healthy, and ethical. By focusing on innovative methods to produce cheese without animal ingredients, New Culture aims to reduce dependency on traditional dairy sources, offering consumers a delicious alternative that aligns with a more sustainable lifestyle.

Shiru

Series A in 2021
Shiru, Inc. is a food technology company based in Oakland, California, established in 2019. It specializes in the development and production of proteins aimed at replacing dairy products and eggs within the food industry. Utilizing artificial intelligence, bioinformatics, and precision biology, Shiru focuses on the discovery and creation of novel, sustainable protein ingredients. By leveraging computational design, the company aims to provide enhanced protein solutions that support environmentally friendly practices while meeting consumer demands. Shiru's innovative approach positions it at the forefront of efforts to create sustainable and healthier food options.

Formo

Series A in 2021
Formo is Europe's pioneering cellular agriculture company specializing in the development of animal-free dairy products. By utilizing precision fermentation, Formo harvests real, nature-identical milk proteins that allow for the creation of clean and sustainable dairy alternatives. The company aims to provide vegan food options that retain the taste and nutritional benefits of traditional dairy while promoting a more sustainable and equitable food system. Through innovative biotechnology, Formo transforms nutrients into high-quality milk proteins, catering to the growing demand for healthier and environmentally friendly dairy products.

Miyoko’s Kitchen

Series C in 2021
Miyoko’s Kitchen is a food production company that produces artisan cultured Vegan cheese and butter. Selling in thousands of stores across the country, the Miyoko's brand has garnered loyalty, excitement, and passion since 2014..

Aleph Farms

Series B in 2021
Aleph Farms Limited is an innovative food technology company based in Ashdod, Israel, specializing in cellular agriculture to produce clean meat. Founded in 2017, Aleph Farms focuses on sustainable food production by developing methods to grow animal products directly from non-genetically modified animal cells, utilizing proprietary three-dimensional bioprinting technologies. The company made significant strides in the industry by unveiling the world's first cultivated thin-cut steak in 2018, followed by the first cultivated ribeye steak in 2021 and cultivated collagen in 2022. Under its product brand Aleph Cuts, its inaugural offering, the Petit Steak, is crafted from non-modified cells sourced from a premium Angus cow, allowing production without animal slaughter. Aleph Farms has garnered recognition for its commitment to climate leadership, including a net zero pledge made in 2020, earning accolades from prominent organizations like the World Economic Forum and the United Nations.

Aleph Farms

Series B in 2021
Aleph Farms Limited is an innovative food technology company based in Ashdod, Israel, specializing in cellular agriculture to produce clean meat. Founded in 2017, Aleph Farms focuses on sustainable food production by developing methods to grow animal products directly from non-genetically modified animal cells, utilizing proprietary three-dimensional bioprinting technologies. The company made significant strides in the industry by unveiling the world's first cultivated thin-cut steak in 2018, followed by the first cultivated ribeye steak in 2021 and cultivated collagen in 2022. Under its product brand Aleph Cuts, its inaugural offering, the Petit Steak, is crafted from non-modified cells sourced from a premium Angus cow, allowing production without animal slaughter. Aleph Farms has garnered recognition for its commitment to climate leadership, including a net zero pledge made in 2020, earning accolades from prominent organizations like the World Economic Forum and the United Nations.

THIS

Series A in 2021
THIS is a plant-based meat brand that specializes in producing alternative meat products designed to cater to meat lovers. The company focuses on creating products from plant-based ingredients that are fortified with essential nutrients such as vitamin B12 and iron. By doing so, THIS aims to provide a satisfying culinary experience that mimics the taste and texture of traditional meat, allowing consumers to enjoy their favorite dishes without the ethical implications of animal consumption. The brand positions itself as a viable option for those seeking healthier and more sustainable dietary choices while maintaining the flavors and satisfaction typically associated with meat-based meals.

Enough

Series B in 2021
ENOUGH is a technology spin-out from the University of Strathclyde focused on developing and commercializing innovative patented technology for the production of mycoprotein, a meat alternative. The company integrates mycoprotein production within existing bio-refinery operations that also produce bio-ethanol and animal feed, promoting a sustainable circular economy. ENOUGH's mycoprotein-based products are designed to be environmentally friendly, utilizing less water and generating lower carbon dioxide emissions while employing a zero-waste fermentation process. This approach allows for the creation of food ingredients that contain all essential amino acids and are high in dietary fiber, providing consumers with a low-cost, sustainable protein option that serves as a meat substitute.

Imagindairy

Seed Round in 2021
Imagindairy is a producer of animal-free dairy proteins, committed to delivering sustainable and healthy alternatives to traditional dairy products. The company utilizes advanced technologies, including synthetic biology, to maximize the production of milk proteins. By focusing on innovation, Imagindairy develops a range of protein-based dairy goods that are not only nutritious and flavorful but also designed to be affordable for consumers. Through its efforts, the company aims to provide viable alternatives to animal-derived products, contributing to a more sustainable food system.

BLUU Seafood

Seed Round in 2021
BLUU Seafood is a biotechnology company focused on the development and commercial production of cultivated fish. The company specializes in food technology that creates seafood products derived from fish cells, offering a healthier and more sustainable alternative to traditional fishing practices. By prioritizing the well-being of animals and the preservation of fragile ocean ecosystems, BLUU Seafood aims to provide nutritious fish products that can be enjoyed for generations. Through its innovative approach, the company seeks to meet the growing demand for sustainable seafood while minimizing environmental impact.

Redefine Meat

Series A in 2021
Redefine Meat Ltd. is an innovative company specializing in the production of animal-free meat alternatives, primarily focused on replicating the texture, flavor, and overall experience of traditional beef and other high-value meat products. Founded in 2015 and headquartered in Ness Ziona, Israel, the company employs advanced 3D printing technology, proprietary meat digital modeling, and carefully crafted food formulations to create its products. Redefine Meat's offerings are designed to meet the demands of meat distributors, restaurants, and retailers, providing a sustainable and ethical solution for meat production without compromising on the sensory qualities associated with animal meat. By utilizing natural and sustainable ingredients, the company aims to transform the meat industry and promote a more responsible approach to food consumption.

Hoxton Farms

Seed Round in 2021
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.

Better Dairy

Seed Round in 2020
Better Dairy is a manufacturer of animal-free dairy products that utilizes precision fermentation technology to create alternatives to traditional dairy items such as cheeses, yogurts, and ice creams. By employing synthetic biology and yeast fermentation, the company produces dairy products that are molecularly identical to their conventional counterparts while eliminating the need for animal involvement. This innovative approach not only meets consumer demand for familiar dairy flavors and textures but also aims to significantly reduce greenhouse gas emissions associated with traditional dairy farming. Through a process reminiscent of brewing beer, Better Dairy provides a sustainable solution for those seeking dairy alternatives without compromising on taste or quality.

Remilk

Series A in 2020
Remilk Ltd., established in 2019 and headquartered in Tel Aviv, Israel, specializes in producing dairy alternatives. The company employs microbial fermentation technology to create milk proteins, aiming to replicate the taste, nutritional composition, and functionality of traditional cow's milk without its environmental impact or animal welfare concerns.

Avant Meats

Seed Round in 2020
Avant Meats is a biotechnology company that specializes in the production of cell-based animal protein food products, specifically focusing on fish and marine proteins. The company has developed an end-to-end technology platform that enables the production of nutritious and flavorful fish proteins directly from fish cells, eliminating the need for traditional fishing practices. This innovative approach allows for the sustainable cultivation of animal-free protein, ensuring that the resulting products are free from pollutants and produced in a fully contained environment. Avant Meats aims to provide customers with high-quality, sustainable protein options for various applications, including food, skincare, and functional use, while advancing commercial product innovation and intellectual property in the field.

Green Monday

Venture Round in 2020
Green Monday Holdings is a Hong Kong-based company founded in 2012 that specializes in manufacturing and distributing plant-based pork substitute products and frozen meals. The company offers a range of products including OmniPork, which features various options such as luncheon meat, strips, buns, and dumplings, all designed to provide healthier alternatives to traditional meat. In addition to its product offerings, Green Monday operates a chain of vegetarian-focused retail outlets and cafes, promoting a sustainable and healthy lifestyle. The company's mission emphasizes encouraging individuals to adopt low-carbon living practices, particularly by participating in initiatives like "Meatless Mondays" to foster social and environmental responsibility.

Solar Foods

Series A in 2020
Solar Foods Ltd., founded in 2017 and based in Lappeenranta, Finland, is a food-tech startup focused on producing sustainable protein alternatives through innovative technology. The company specializes in a process that utilizes electricity to generate hydrogen, which is then combined with carbon dioxide, water, vitamins, and minerals to cultivate microbial biomass. This biomass is transformed into Solein, a nutritious single-cell protein that serves as an alternative to animal-derived proteins. Solar Foods' method relies on elements from the air, such as CO2 and nitrogen, and is independent of traditional agricultural practices, making it resilient to climate variations. By employing gas fermentation, Solar Foods aims to provide a sustainable solution for food production that addresses the growing demand for nutritious food ingredients and plant-based meat alternatives.

InnovoPro

Series B in 2020
InnovoPro is a producer of innovative plant-based protein ingredients, focusing primarily on chickpea protein for the global food market. Founded in 2013 by Dr. Ascher Shmulewitz, the company specializes in extracting protein concentrate from non-GMO chickpeas, offering a sustainable, healthy, and affordable alternative to meat. InnovoPro's chickpea protein boasts an excellent nutritional profile and versatility, making it a suitable choice for a variety of food products. The company aims to provide nutritious, tasty, and safe food options while contributing to the growing demand for plant-based proteins and reducing reliance on traditional sources such as soy. Recognized for its disruptive technology in the food industry, InnovoPro is committed to advancing the use of chickpeas in modern diets.

Rebellyous Foods

Series A in 2020
Rebellyous Foods is a Seattle-based company that specializes in producing plant-based meat products, including chicken nuggets, patties, and chicken strips. Founded in 2017, the company aims to achieve price parity with animal-based meat by implementing advanced food manufacturing equipment and processes. Rebellyous Foods serves various sectors such as schools, hospitals, corporate cafeterias, and restaurants. The company focuses on large-scale production using high-throughput automation and innovative low-energy tools to create affordable plant-based meat alternatives.

Yofix

Series A in 2020
Yofix is a company that specializes in the development and manufacture of dairy and soy-free fermented plant-based foods, focusing on prebiotic and probiotic products. The company ensures that its offerings are clean label, containing no artificial ingredients or preservatives, and are crafted from high-nutritional-value cereals, lentils, grains, and seeds. Yofix's flagship product is a plant-based yogurt, which is set to expand into a range of products including yogurt drinks, desserts, frozen yogurt, and ice cream bases. By emphasizing excellent taste and texture alongside sustainable production processes, Yofix aims to provide a competitive and health-conscious alternative to traditional dairy products.

UPSIDE Foods

Series B in 2020
UPSIDE Foods, formerly known as Memphis Meats, is a cultivated meat company founded in 2015 and headquartered in Berkeley, California. The company specializes in producing real meat, poultry, and seafood directly from animal cells, eliminating the need to raise and slaughter animals. This innovative approach significantly reduces the resource consumption associated with traditional meat production, requiring less water, land, and energy. UPSIDE Foods aims to offer consumers clean, humane, and sustainable meat products, such as beef meatballs, chicken, and duck, all grown in controlled environments. The company is led by Dr. Uma Valeti, who is committed to transforming the food industry with healthier and environmentally friendly alternatives to conventional meat.

Good Catch

Series B in 2020
Good Catch Foods is a company that specializes in the development and manufacture of vegan, plant-based seafood alternatives. Founded in 2016, it produces a variety of products designed to replicate traditional seafood, including fish-free shredded tuna, crab cakes, salmon filets, and patties. These offerings are crafted using a blend of pea proteins and legumes such as lentils, chickpeas, and fava beans. Initially headquartered in Newtown, Pennsylvania, Good Catch has since expanded its presence to New York, New York. The company aims to provide sustainable and health-conscious food options for consumers seeking plant-based diets.

Gathered Foods

Series B in 2020
Gathered Foods Corporation, operating under the brand name Good Catch, specializes in the development, production, and sale of plant-based seafood alternatives in the United States. Founded in 2016 and based in Heath, Ohio, the company offers a variety of products, including plant-based tuna, frozen entrées, and appetizers, all crafted from a unique blend of six legumes—peas, chickpeas, lentils, soy, fava beans, and navy beans—alongside seaweed and algae extract to enhance flavor. These products are designed to replicate the taste and experience of traditional seafood while being free from dairy, gluten, and GMOs, providing a cruelty-free option for consumers seeking alternatives to seafood. Gathered Foods sells its products through both retail stores and online channels, catering to a growing market of health-conscious and environmentally aware consumers.

Formo

Seed Round in 2019
Formo is Europe's pioneering cellular agriculture company specializing in the development of animal-free dairy products. By utilizing precision fermentation, Formo harvests real, nature-identical milk proteins that allow for the creation of clean and sustainable dairy alternatives. The company aims to provide vegan food options that retain the taste and nutritional benefits of traditional dairy while promoting a more sustainable and equitable food system. Through innovative biotechnology, Formo transforms nutrients into high-quality milk proteins, catering to the growing demand for healthier and environmentally friendly dairy products.

Shiru

Seed Round in 2019
Shiru, Inc. is a food technology company based in Oakland, California, established in 2019. It specializes in the development and production of proteins aimed at replacing dairy products and eggs within the food industry. Utilizing artificial intelligence, bioinformatics, and precision biology, Shiru focuses on the discovery and creation of novel, sustainable protein ingredients. By leveraging computational design, the company aims to provide enhanced protein solutions that support environmentally friendly practices while meeting consumer demands. Shiru's innovative approach positions it at the forefront of efforts to create sustainable and healthier food options.

BlueNalu

Series A in 2019
BlueNalu, Inc. is a cellular aquaculture company based in San Diego, California, founded in 2017. The company specializes in processing and producing cell-based seafood products by culturing fish tissue from cells, thereby addressing the global demand for seafood while promoting sustainability and reducing overfishing. BlueNalu offers a range of healthy, safe, and high-quality seafood options that support the diversity of ocean ecosystems. Its innovative approach allows for the creation of fresh and frozen seafood products that are free from plastics, pathogens, toxins, and other contaminants, catering to restaurants and consumers seeking trusted seafood alternatives.

Algama

Series A in 2019
Algama is a pioneering food-tech company established in 2013, focused on harnessing the potential of algae to create sustainable food solutions. With a mission to feed 10 billion people by 2050 while promoting environmental sustainability, Algama specializes in developing microalgae-based products that serve as substitutes for traditional animal products, such as eggs and meat. The company also produces emulsifiers derived from algae, which are essential for formulating plant-based alternatives that mimic the taste and texture of conventional foods. Committed to innovation, Algama aims to make its ingredients and products not only delicious and affordable but also widely accessible. As a leader in the microalgae food sector, Algama actively seeks talented individuals and entrepreneurs to join its mission of transforming the food system for the better.

Redefine Meat

Seed Round in 2019
Redefine Meat Ltd. is an innovative company specializing in the production of animal-free meat alternatives, primarily focused on replicating the texture, flavor, and overall experience of traditional beef and other high-value meat products. Founded in 2015 and headquartered in Ness Ziona, Israel, the company employs advanced 3D printing technology, proprietary meat digital modeling, and carefully crafted food formulations to create its products. Redefine Meat's offerings are designed to meet the demands of meat distributors, restaurants, and retailers, providing a sustainable and ethical solution for meat production without compromising on the sensory qualities associated with animal meat. By utilizing natural and sustainable ingredients, the company aims to transform the meat industry and promote a more responsible approach to food consumption.

New Culture

Seed Round in 2019
New Culture Inc. is a food and beverage company based in San Francisco, California, specializing in the production of animal-free cheese. Founded in 2018, the company utilizes microflora to create dairy proteins and a variety of cheese products that are sustainable, healthy, and ethical. By focusing on innovative methods to produce cheese without animal ingredients, New Culture aims to reduce dependency on traditional dairy sources, offering consumers a delicious alternative that aligns with a more sustainable lifestyle.

Motif

Series A in 2019
Motif FoodWorks, Inc. is a bio-organism engineering company based in Boston, Massachusetts, that specializes in developing innovative food ingredients. The company focuses on producing animal-free proteins, including meat alternatives and dairy-free proteins, catering to the growing demand for plant-based food solutions. By utilizing fermentation technology, Motif creates essential proteins and nutrients that enhance both nutrition and flavor in food products. The company collaborates with chefs, health experts, and food innovators to develop new ingredient solutions aimed at transforming the food industry and promoting sustainability. Established in 2018 and originally known as Motif Ingredients, Motif FoodWorks rebranded in 2019 to reflect its commitment to advancing the next generation of healthy and plant-based foods.

Aleph Farms

Series A in 2019
Aleph Farms Limited is an innovative food technology company based in Ashdod, Israel, specializing in cellular agriculture to produce clean meat. Founded in 2017, Aleph Farms focuses on sustainable food production by developing methods to grow animal products directly from non-genetically modified animal cells, utilizing proprietary three-dimensional bioprinting technologies. The company made significant strides in the industry by unveiling the world's first cultivated thin-cut steak in 2018, followed by the first cultivated ribeye steak in 2021 and cultivated collagen in 2022. Under its product brand Aleph Cuts, its inaugural offering, the Petit Steak, is crafted from non-modified cells sourced from a premium Angus cow, allowing production without animal slaughter. Aleph Farms has garnered recognition for its commitment to climate leadership, including a net zero pledge made in 2020, earning accolades from prominent organizations like the World Economic Forum and the United Nations.
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