FreshTracks Capital
FreshTracks Capital is a venture capital firm founded in 2000 and based in Shelburne, Vermont. It specializes in seed and early-stage investments, focusing on technology-driven companies across various sectors, including consumer products, energy, business software, advanced manufacturing, healthcare, and information technology. The firm primarily targets investments in the United States, particularly in Vermont and surrounding regions in Northern New York State, Massachusetts, and New Hampshire. FreshTracks Capital typically invests between $0.25 million and $2 million in companies with sales between $1 million and $5 million, often partnering with Village Ventures for equity investments. The firm aims to exit its investments through sales to acquirers, recapitalizations, or public offerings, and seeks board representation in its portfolio companies.
Caledonia Spirits
Series C in 2023
Caledonia Spirits operates a craft distillery firm created to support working landscapes and local agriculture. The distillery produces the Bar Hill Gin, Tom Cat Gin, and Barr Hill Vodka, all of which feature raw honey and other ingredients including grains sourced as locally and as organically as possible. The purpose of Caledonia Spirits is to add value to the work of the people of Vermont, including those growing grains, herbs, medicinal plants, and honey, and to support and encourage the organic production of plants and honey in Vermont and surrounding regions, and to provide employment and contribute to the health, spiritual, economic, and social well-being of the community, and honor the traditions of Vermont, Scotland, France, Quebec, and other agricultural communities that inspire its formulations. The Hardwick, Vermont-based distillery was founded in 2012 by Todd Hardie.
Caledonia Spirits
Series C in 2022
Caledonia Spirits operates a craft distillery firm created to support working landscapes and local agriculture. The distillery produces the Bar Hill Gin, Tom Cat Gin, and Barr Hill Vodka, all of which feature raw honey and other ingredients including grains sourced as locally and as organically as possible. The purpose of Caledonia Spirits is to add value to the work of the people of Vermont, including those growing grains, herbs, medicinal plants, and honey, and to support and encourage the organic production of plants and honey in Vermont and surrounding regions, and to provide employment and contribute to the health, spiritual, economic, and social well-being of the community, and honor the traditions of Vermont, Scotland, France, Quebec, and other agricultural communities that inspire its formulations. The Hardwick, Vermont-based distillery was founded in 2012 by Todd Hardie.
Lost Lantern Whiskey
Convertible Note in 2022
Lost Lantern Whiskey is a brewing company that focuses on wine and spirits. The company was founded by Nora Ganley-Roper and Adam Polonski in 2018 and is headquartered in Weybridge, Vermont, United States.
Caledonia Spirits
Series B in 2019
Caledonia Spirits operates a craft distillery firm created to support working landscapes and local agriculture. The distillery produces the Bar Hill Gin, Tom Cat Gin, and Barr Hill Vodka, all of which feature raw honey and other ingredients including grains sourced as locally and as organically as possible. The purpose of Caledonia Spirits is to add value to the work of the people of Vermont, including those growing grains, herbs, medicinal plants, and honey, and to support and encourage the organic production of plants and honey in Vermont and surrounding regions, and to provide employment and contribute to the health, spiritual, economic, and social well-being of the community, and honor the traditions of Vermont, Scotland, France, Quebec, and other agricultural communities that inspire its formulations. The Hardwick, Vermont-based distillery was founded in 2012 by Todd Hardie.
Caledonia Spirits
Series A in 2017
Caledonia Spirits operates a craft distillery firm created to support working landscapes and local agriculture. The distillery produces the Bar Hill Gin, Tom Cat Gin, and Barr Hill Vodka, all of which feature raw honey and other ingredients including grains sourced as locally and as organically as possible. The purpose of Caledonia Spirits is to add value to the work of the people of Vermont, including those growing grains, herbs, medicinal plants, and honey, and to support and encourage the organic production of plants and honey in Vermont and surrounding regions, and to provide employment and contribute to the health, spiritual, economic, and social well-being of the community, and honor the traditions of Vermont, Scotland, France, Quebec, and other agricultural communities that inspire its formulations. The Hardwick, Vermont-based distillery was founded in 2012 by Todd Hardie.
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