Five Seasons Ventures

Five Seasons Ventures, established in 2016, is a Paris-based venture capital firm that invests in early-stage technology companies operating in the food and agriculture sectors. The firm focuses on Europe, with a particular interest in Italy and France, and considers investments outside the region. It typically allocates between €2 million to €10 million per investment, taking significant minority stakes and board seats, often as part of a syndicate. Five Seasons Ventures supports innovative companies that cater to evolving consumer preferences, such as healthier food, convenience, cleaner labels, and sustainability, by providing capital, technology expertise, industry connections, and operational support.

Giancarlo Addario

Principal

Ivan Farneti

Co-Founder and Managing Partner

Saskia Hoebée

Principal

Niccolo Manzoni

Co-Founder and Managing Partner

Lucie Paté

Analyst

Andre Purits

Investment Associate

Mehdi Raza

CFO

Past deals in Food

Untamed

Series B in 2025
Untamed is a manufacturer of prepared pet foods focused on enhancing the health and well-being of cats. The company emphasizes the use of fresh, human-grade ingredients, including whole meats such as chicken breast, liver, tuna steak, salmon fillet, duck breast, shrimp, sardine, and mackerel fillets. These ingredients are gently steam cooked to preserve essential minerals and moisture, ensuring that the food is both nutritious and appealing. By prioritizing high-quality ingredients, Untamed aims to help cat owners provide their pets with healthier and happier lives.

KoRo

Series C in 2024
KoRo is a food and beverage brand that focuses on providing a diverse range of healthy snacks and natural foods. The company specializes in superfoods, dried fruits, nuts, seeds, cereals, and various types of butters, along with supplements, organic drinks, juices, and protein bars. By utilizing simple packaging and eliminating supply chain intermediaries, KoRo aims to offer its products at affordable prices to the mass market. In addition to its food offerings, the company also provides kitchen utensils and cooking accessories, ensuring a comprehensive selection for health-conscious consumers.

La Fourche

Series B in 2024
La Fourche is an online retail platform dedicated to making healthy consumption accessible to a broader audience by offering a wide range of organic products at affordable prices. The company operates on a subscription model, providing customers with access to thousands of organic food and grocery items at discounts of up to 50%. This approach allows families to significantly reduce their spending on healthy products, potentially saving up to 1000€. La Fourche emphasizes the importance of socially responsible and environmentally friendly practices in its offerings, ensuring that consumers can choose from a diverse selection of healthy and sustainable products.

La Fourche

Series B in 2023
La Fourche is an online retail platform dedicated to making healthy consumption accessible to a broader audience by offering a wide range of organic products at affordable prices. The company operates on a subscription model, providing customers with access to thousands of organic food and grocery items at discounts of up to 50%. This approach allows families to significantly reduce their spending on healthy products, potentially saving up to 1000€. La Fourche emphasizes the importance of socially responsible and environmentally friendly practices in its offerings, ensuring that consumers can choose from a diverse selection of healthy and sustainable products.

Mammaly

Series A in 2023
Mammaly is a pet health startup focused on developing a variety of snacks aimed at alleviating common health issues associated with aging dogs. The company specializes in producing healthy pet food using natural ingredients, with a strong emphasis on holistic animal health. Mammaly's products are grain-free, contain no added sugars or artificial preservatives, and are crafted from regional ingredients that offer higher protein content and lower fat levels. In addition to its product line, the company provides counseling services on dog health, empowering pet owners to make informed choices about their pets' nutrition and overall well-being.

KoRo

Series B in 2023
KoRo is a food and beverage brand that focuses on providing a diverse range of healthy snacks and natural foods. The company specializes in superfoods, dried fruits, nuts, seeds, cereals, and various types of butters, along with supplements, organic drinks, juices, and protein bars. By utilizing simple packaging and eliminating supply chain intermediaries, KoRo aims to offer its products at affordable prices to the mass market. In addition to its food offerings, the company also provides kitchen utensils and cooking accessories, ensuring a comprehensive selection for health-conscious consumers.

THIS

Series B in 2023
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.

KoRo

Series B in 2022
KoRo is a food and beverage brand that focuses on providing a diverse range of healthy snacks and natural foods. The company specializes in superfoods, dried fruits, nuts, seeds, cereals, and various types of butters, along with supplements, organic drinks, juices, and protein bars. By utilizing simple packaging and eliminating supply chain intermediaries, KoRo aims to offer its products at affordable prices to the mass market. In addition to its food offerings, the company also provides kitchen utensils and cooking accessories, ensuring a comprehensive selection for health-conscious consumers.

Mammaly

Series A in 2021
Mammaly is a pet health startup focused on developing a variety of snacks aimed at alleviating common health issues associated with aging dogs. The company specializes in producing healthy pet food using natural ingredients, with a strong emphasis on holistic animal health. Mammaly's products are grain-free, contain no added sugars or artificial preservatives, and are crafted from regional ingredients that offer higher protein content and lower fat levels. In addition to its product line, the company provides counseling services on dog health, empowering pet owners to make informed choices about their pets' nutrition and overall well-being.

Pyxo

Seed Round in 2021
Pyxo is a company specializing in the production of reusable containers aimed at eliminating disposable packaging and cutlery in the catering industry. Their flagship product, the PyxoBox, is designed to facilitate a zero-waste dining experience for consumers, allowing them to enjoy meals from restaurants or for takeout without relying on single-use items. The PyxoBox network operates without setup fees or remote return logs, streamlining the process for both businesses and consumers. Companies can rent collection points for the PyxoBoxes, while employees can conveniently use these containers for their lunches, returning them to designated collectors at their workplace. Pyxo manages all logistics and cleaning, ensuring a practical and eco-friendly solution for catering needs.

air up

Venture Round in 2021
air up GmbH, founded in 2018 and based in Munich, Germany, specializes in manufacturing a unique drinking bottle system that allows users to enjoy flavored water through scent. The innovative design incorporates interchangeable ring-shaped pods that release scented air into the water. This scent is perceived by the brain as flavor through retronasal olfaction, enabling consumers to experience a variety of flavors without the use of added sugars or artificial ingredients. The company's approach provides a healthier alternative to traditional flavored beverages, appealing to those seeking refreshing hydration without compromising on taste.

The nu company

Series A in 2021
The nu company GmbH, founded in 2016 and based in Leipzig, Germany, specializes in the online production and sale of chocolate. The company emphasizes the importance of natural, functional, and flavorful nutrition, sourcing organic ingredients to create appealing combinations that promote health and enjoyment. Committed to sustainability, The nu company plants a tree for every product sold and utilizes compostable packaging materials, reflecting its dedication to environmental responsibility.

Butternut Box

Venture Round in 2021
Butternut Box is a UK-based startup founded by friends Kev and Dave, specializing in fresh, human-grade dog food made from real ingredients. The company emphasizes the quality and nutritional value of its meals, providing a personalized approach to dog nutrition. By collecting information on each dog's age, size, allergies, and dietary needs, Butternut Box tailors meal plans to meet the specific requirements of individual pets. This customer-centric model not only aims to enhance the health and well-being of dogs but also simplifies the feeding process for pet owners by delivering customized, homemade meals directly to their doors.

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.

VlyFoods

Series A in 2021
VlyFoods is a foodtech startup that produces delicious milk alternatives made from pea protein. The startup developed an alternative using yellow split pea protein, that matches cow's milk for nutrients, taste, and functionality, and a neutral taste to attract a larger market. It's also more environmentally friendly; 1L of vly uses 15x less CO2, 13x less water, and 5x less land than cow's milk. They combine natural ingredients with cutting-edge technology to develop the best milk alternatives and transform the food industry.

Cortilia

Series C in 2021
Cortilia is a grocery delivery company based in Milan, Italy, founded in 2011. It operates an online agricultural marketplace that connects consumers directly with local farmers, providing access to fresh, artisanal, and seasonal products. By aggregating farmers in virtual markets, Cortilia enhances the local economy while minimizing waste. The company ensures that products are packed and delivered to customers' doors within a few hours, prioritizing quality and freshness. This sustainable approach allows consumers to easily access farm and dairy products, fostering a more direct relationship between producers and consumers.

air up

Series A in 2020
air up GmbH, founded in 2018 and based in Munich, Germany, specializes in manufacturing a unique drinking bottle system that allows users to enjoy flavored water through scent. The innovative design incorporates interchangeable ring-shaped pods that release scented air into the water. This scent is perceived by the brain as flavor through retronasal olfaction, enabling consumers to experience a variety of flavors without the use of added sugars or artificial ingredients. The company's approach provides a healthier alternative to traditional flavored beverages, appealing to those seeking refreshing hydration without compromising on taste.

THIS

Equity Crowdfunding in 2020
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.

yamo

Series A in 2020
Yamo is a company dedicated to providing healthier food options for children, focusing on organic baby food products as an alternative to junk and unhealthy options. The company aims to simplify the decision-making process for parents by offering nutritious and tasty food for kids of all ages. Yamo operates through a direct-to-consumer subscription model, allowing customers to conveniently access their products online. Additionally, the company's offerings are available in grocery stores, including Coop in Switzerland and selected Edeka and Rewe locations in Germany. By prioritizing health and convenience, Yamo seeks to empower parents in making better food choices for their children.

La Fourche

Series A in 2020
La Fourche is an online retail platform dedicated to making healthy consumption accessible to a broader audience by offering a wide range of organic products at affordable prices. The company operates on a subscription model, providing customers with access to thousands of organic food and grocery items at discounts of up to 50%. This approach allows families to significantly reduce their spending on healthy products, potentially saving up to 1000€. La Fourche emphasizes the importance of socially responsible and environmentally friendly practices in its offerings, ensuring that consumers can choose from a diverse selection of healthy and sustainable products.

Tropic Biosciences

Series B in 2020
Tropic Biosciences UK Ltd, established in 2016 and based in Norwich, is a biotechnology company specializing in the development of commercial tropical crops. It employs advanced plant breeding and non-GMO gene editing techniques to create high-performing varieties, catering primarily to the coffee and banana industries. The company's mission is to promote grower wellbeing, consumer health, and sustainable environmental practices through its innovative, non-GMO methods, which significantly accelerate the breeding process to meet growing food demands and local community needs.

YFood

Series B in 2020
YFood is a food-tech startup focused on creating innovative food solutions tailored for modern lifestyles. The company specializes in the production of convenient meal alternatives, including ready-to-drink nutritional beverages, drink powders, and bars. YFood's products are designed to offer balanced nutrition by incorporating essential proteins, vitamins, minerals, omega fatty acids, and fiber, providing a healthy alternative to traditional junk food. These offerings aim to supply consumers with sustained energy throughout the day, meeting the demands of a fast-paced lifestyle while prioritizing nutritional value.

Butternut Box

Series C in 2020
Butternut Box is a UK-based startup founded by friends Kev and Dave, specializing in fresh, human-grade dog food made from real ingredients. The company emphasizes the quality and nutritional value of its meals, providing a personalized approach to dog nutrition. By collecting information on each dog's age, size, allergies, and dietary needs, Butternut Box tailors meal plans to meet the specific requirements of individual pets. This customer-centric model not only aims to enhance the health and well-being of dogs but also simplifies the feeding process for pet owners by delivering customized, homemade meals directly to their doors.

JustSpices

Series B in 2020
Just Spices is a Düsseldorf-based brand that specializes in manufacturing and distributing a wide range of spice blends and pure spices. Founded in 2014, the company aims to inspire consumers to enhance their culinary creativity by offering over 200 different spice products through its online platform and in various supermarkets. In 2018, Just Spices introduced the "Just Spices IN MINUTES" category, which features meal preparation kits that include spice mixes and recipes for quick and easy meal solutions, requiring only a few additional fresh ingredients. With a growing selection of 27 "fix" recipes, Just Spices is redefining the convenience of modern cooking, making it accessible for both everyday home cooks and commercial clients. The brand also offers customizable jars designed to preserve the quality of spices, ensuring that customers can enjoy fresh and flavorful cooking experiences.

THIS

Seed Round in 2020
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.

Cortilia

Series B in 2019
Cortilia is a grocery delivery company based in Milan, Italy, founded in 2011. It operates an online agricultural marketplace that connects consumers directly with local farmers, providing access to fresh, artisanal, and seasonal products. By aggregating farmers in virtual markets, Cortilia enhances the local economy while minimizing waste. The company ensures that products are packed and delivered to customers' doors within a few hours, prioritizing quality and freshness. This sustainable approach allows consumers to easily access farm and dairy products, fostering a more direct relationship between producers and consumers.

YFood

Series A in 2019
YFood is a food-tech startup focused on creating innovative food solutions tailored for modern lifestyles. The company specializes in the production of convenient meal alternatives, including ready-to-drink nutritional beverages, drink powders, and bars. YFood's products are designed to offer balanced nutrition by incorporating essential proteins, vitamins, minerals, omega fatty acids, and fiber, providing a healthy alternative to traditional junk food. These offerings aim to supply consumers with sustained energy throughout the day, meeting the demands of a fast-paced lifestyle while prioritizing nutritional value.

THIS

Seed Round in 2019
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.

Butternut Box

Series B in 2019
Butternut Box is a UK-based startup founded by friends Kev and Dave, specializing in fresh, human-grade dog food made from real ingredients. The company emphasizes the quality and nutritional value of its meals, providing a personalized approach to dog nutrition. By collecting information on each dog's age, size, allergies, and dietary needs, Butternut Box tailors meal plans to meet the specific requirements of individual pets. This customer-centric model not only aims to enhance the health and well-being of dogs but also simplifies the feeding process for pet owners by delivering customized, homemade meals directly to their doors.

Tropic Biosciences

Series A in 2018
Tropic Biosciences UK Ltd, established in 2016 and based in Norwich, is a biotechnology company specializing in the development of commercial tropical crops. It employs advanced plant breeding and non-GMO gene editing techniques to create high-performing varieties, catering primarily to the coffee and banana industries. The company's mission is to promote grower wellbeing, consumer health, and sustainable environmental practices through its innovative, non-GMO methods, which significantly accelerate the breeding process to meet growing food demands and local community needs.
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