Siddhi Capital

Siddhi Capital is a growth equity firm specializing in the food and beverage sector, focusing on visionary entrepreneurs and innovative companies that are transforming the consumer packaged goods landscape. The firm combines its investment acumen with deep operational expertise, facilitated through a strategic partnership with Siddhi Ops, to accelerate growth and enhance value for its stakeholders. By leveraging smart capital and extensive industry knowledge, Siddhi Capital aims to support and propel brands in the competitive food and beverage marketplace.

Sam Potter

Partner

50 past transactions

Chef Robotics

Series A in 2025
Chef Robotics is a robotics and artificial intelligence company serving the food industry. The company was founded in 2019 and is headquartered in San Francisco, California.

Boston Bioprocess

Seed Round in 2024
Boston Bioprocess operates as a contract development and manufacturing organization (CDMO) focused on facilitating the scale-up of microbial fermentation processes. The company specializes in providing comprehensive services that include strain evaluation, process development, and optimization of fermentation conditions for yeast, bacteria, and fungal microbes. By replicating commercial manufacturing conditions, Boston Bioprocess helps clients enhance production yields and reduce costs. Additionally, the company offers downstream processing optimization and effective technology transfer from laboratory settings to industrial scales. This enables fermentation-based companies to access necessary equipment and expertise, ultimately supporting them in their efforts to commercialize their products efficiently.

Liberation Labs

Convertible Note in 2024
Liberation Labs is a biotechnology firm specializing in industrial agricultural biotechnology systems aimed at addressing the fermentation capacity gap in cellular agriculture. The company focuses on developing infrastructure that enables the commercialization of novel protein manufacturing at scale and competitive cost structures. By doing so, it supports biology innovators in their efforts to compete with traditional animal protein sources while ensuring that customers have access to nutritious food options.

Ingrediome

Seed Round in 2024
Ingrediome focuses on producing key animal proteins to revolutionize meat alternatives. Ingrediome was founded in 2022 and was headquartered in Ness Ziona, Israel.

Mush Foods

Seed Round in 2024
Mush Foods is a New York-based food technology company specializing in the production of edible mushroom mycelium as a sustainable protein alternative. Their flagship product line, 50CUT, is unique in its ability to blend seamlessly with real animal meat, significantly reducing the carbon footprint associated with traditional meat production. By utilizing fermentation and artificial intelligence, Mush Foods efficiently creates fungi-based ingredients that enhance the nutrition, taste, and cost-effectiveness of plant-based dishes. This innovative approach positions the company at the forefront of the growing demand for sustainable and animal-free protein sources.

Momofuku

Venture Round in 2023
Momofuku is a restaurant chain that specializes in contemporary Asian-American cuisine, featuring authentic dishes such as momos and noodles. Committed to quality, the business prioritizes partnerships with local, sustainable, and responsible farmers and food purveyors, ensuring that its offerings reflect a dedication to both flavor and ethical sourcing. This approach allows customers to enjoy distinct and high-quality culinary experiences.

Jellatech

Seed Round in 2023
Jellatech is a biotechnology company based in Raleigh, North Carolina, with research and development operations in Wageningen, Netherlands. The company specializes in producing high-quality, animal-free collagen and gelatin through cellular agriculture, which involves growing cells in bioreactors. By eliminating the need for animal sources, Jellatech provides sustainable and safe ingredients for various sectors, including food and beverage, medical, pharmaceutical, and personal care industries. Founded by a team of innovators and scientists, Jellatech aims to create better ingredient products while promoting ethical and sustainable practices in the production of artificial proteins.

PoLoPo

Pre Seed Round in 2023
PoLoPo is a biotech company focused on large-scale production of plant-based proteins and free amino acids. By utilizing directed metabolic engineering techniques, PoLoPo develops a specialized "superAA" plant that maximizes the natural capacity of plants to function as metabolite and protein factories. This innovative approach not only enhances the production of amino acids but also leads to a significant increase in the yield of proteins derived from plant organs. The company's efforts align with the growing demand for non-animal-derived proteins, promoting nutritious, climate-friendly food options for consumers.

Tiamat Sciences

Seed Round in 2023
Tiamat Sciences is a start-up focused on producing affordable, animal-free growth factors and biomolecules through innovative plant-based bioreactor technology. By leveraging its proprietary platform, the company manufactures a diverse array of high-value proteins, including antigens and growth factors, achieving significant cost reductions—up to 10 times lower than traditional methods, with potential for a 1000-fold decrease at scale while maintaining high growth margins. Tiamat's approach not only enhances production efficiency but also aligns with sustainability goals by providing ecological alternatives for the pharmaceutical industry, allowing for the reduction or replacement of animal-derived materials. With low facility investment requirements, Tiamat positions itself as an ideal partner for scaling production in emerging markets such as cellular agriculture and cell and gene therapy.

Barvecue

Seed Round in 2023
Barvecue, Inc. is a food company based in Cornelius, North Carolina, that specializes in plant-based barbecue products. Founded in 2017, the company aims to provide delicious vegetarian alternatives to traditional barbecue fare. Barvecue's offerings are crafted using hand-crafted, plant-based ingredients, including soybean protein, wheat, and a variety of vegetarian seasonings. The products are available for purchase online and through retail markets, catering to food lovers seeking flavorful and innovative barbecue options.

Immi

Series A in 2023
Immi is a food product manufacturer intended to provide instant ramen with low net carb and high protein. The company's products include high fiber, low sodium, plant-based, and keto-friendly instant ramen, providing healthy quick meal to consumers.

Future Fields

Series A in 2023
Future Fields is a company focused on sustainable production through insect biotechnology, specifically utilizing its EntoEngine™ platform, which leverages the genetic capabilities of fruit flies to generate environmentally friendly biomolecules. Founded in 2018 and based in Edmonton, Canada, Future Fields specializes in developing insect-based recombinant proteins that serve as growth components essential for cell culture. By prioritizing sustainability, the company aims to reduce the environmental impact of protein production while enhancing the economic feasibility of cell-based foods in the agriculture industry. Future Fields is supported by notable venture capital firms and investors from Silicon Valley and beyond.

Paleo

Series A in 2023
Paleo is a food ingredient company focused on developing innovative, animal-free heme proteins for plant-based meat and fish alternatives. Utilizing precision fermentation, Paleo produces bio-identical heme proteins that are non-GMO and replicate the sensory and nutritional qualities of their animal-derived counterparts. This technology allows businesses to create sustainable food products that not only taste and feel like real meat or fish but also align with ethical considerations by avoiding harm to animals. Through its commitment to bioscience, Paleo aims to enhance the flavor and appeal of plant-based foods, contributing to a healthier and more sustainable food system.

Michroma

Seed Round in 2023
Michroma Corporation is a biotechnology company that specializes in producing natural thermostable colorants derived from filamentous fungi through a fermentation process. Founded in 2019 and based in both San Francisco, California, and Rosario, Argentina, Michroma aims to replace synthetic pigments and those sourced from animals and plants with sustainable, naturally produced alternatives. The company harnesses synthetic biology to develop proprietary fungal strains that generate high-performance ingredients in bioreactors. Currently, Michroma is prototyping its innovative pH-stable and heat-stable food colorants in collaboration with leading food and beverage and cosmetic companies. Additionally, the company is exploring the production of mycoprotein and other ingredients, making strides in the sustainable ingredients market.

Liberation Labs

Seed Round in 2022
Liberation Labs is a biotechnology firm specializing in industrial agricultural biotechnology systems aimed at addressing the fermentation capacity gap in cellular agriculture. The company focuses on developing infrastructure that enables the commercialization of novel protein manufacturing at scale and competitive cost structures. By doing so, it supports biology innovators in their efforts to compete with traditional animal protein sources while ensuring that customers have access to nutritious food options.

MeliBio

Funding Round in 2022
MeliBio, Inc. is a technology-driven company that focuses on producing vegan nectar products as a sustainable alternative to traditional honey. Founded in 2020 by Aaron M. Schaller, PhD, and Darko Mandich, MeliBio utilizes advancements in plant biology, precision fermentation, and synthetic biology to create honey without the involvement of bees, thereby addressing concerns related to biodiversity and the environmental impact of commercial beekeeping. The company, headquartered in Oakland, California, aims to provide food producers with molecularly identical nectar alternatives that are healthier and do not rely on bee farming. In 2023, MeliBio expanded its offerings by launching its consumer brand, Mellody, further promoting its innovative approach to honey production. TIME recognized MeliBio's pioneering methodology as one of the Best Inventions of 2021.

ProFuse Technology

Seed Round in 2022
ProFuse Technology specializes in advancing cultured meat production by enhancing methods and efficiency. The company has developed innovative technology that significantly reduces production time while improving meat quality and increasing yields. By accelerating muscle fiber growth, ProFuse enables meat producers to enhance their production capacity and lower costs, making cultured meat more accessible and sustainable.

Paragon Pure

Seed Round in 2022
Paragon Pure is a food company focused on developing natural ingredients that cater to contemporary dietary needs. The firm specializes in producing a healthy and sustainable structured fat and flavor system derived from upcycled rice bran, particularly for use in alternative proteins. By leveraging expertise in flavor encapsulation, process engineering, and physical chemistry, Paragon Pure aims to create genuine ingredients that deliver natural flavors, colors, and nutrients in wholesome foods. This approach enables consumers to fully enjoy the diverse flavors of various spices while adhering to healthier eating practices.

Magic Spoon

Series B in 2022
Magic Spoon Inc. is a food company that specializes in producing and selling low-carbohydrate, keto-friendly cereals targeted towards adult consumers. Established in 2019 and based in Brooklyn, New York, Magic Spoon offers a variety of flavors including fruity, cinnamon, cocoa, and frosted. The cereals are designed to be nutritious, incorporating ingredients such as protein while avoiding gluten, grain, wheat, soy, and artificial sweeteners. Instead, they utilize natural sweeteners like allulose, which has no glycemic impact, along with stevia and monk fruit. The company primarily sells its products online, catering to health-conscious individuals seeking a convenient and enjoyable breakfast option.

HackCapital

Pre Seed Round in 2022
HackCapital emerged from the world’s largest Food and Climate community to open elite climate investing to the mass affluent. HackCapital aims to become the platform of choice for the next generation of climate investors, backing founders with the scalable solutions we needed yesterday. Simply put: Top notch angel investors funding the top 1% of climate startups from Stealth to Series A

kencko

Series A in 2022
Kencko is dedicated to making organic fruits and vegetables accessible in convenient forms that fit seamlessly into daily routines. The company specializes in producing instant smoothies that allow consumers to effortlessly incorporate organic produce into their breakfast. These smoothies are free from added sugars, chemicals, and colorants, ensuring that all nutritional content is preserved. By providing hassle-free options for healthy consumption, Kencko aims to transform the way individuals enjoy fresh produce, making nutritious choices easier and more appealing.

Mid-Day Squares

Series C in 2022
Mid-Day Squares is a manufacturer of chocolate nutrition bars, recognized for creating the first functional chocolate bar. The company focuses on providing healthy snacking alternatives by producing a variety of protein bars made from real chocolate. These bars are designed to be nutritious, containing protein, fiber, and organic ingredients while being raw, vegan, and gluten-free. Mid-Day Squares aims to help consumers maintain their fitness goals while satisfying their mid-meal hunger in a health-conscious manner.

MycoTechnology

Series E in 2022
MycoTechnology is a food technology company based in Aurora, Colorado, that focuses on enhancing the flavor and nutritional value of agricultural products through fungi-based food-processing platforms. Founded in 2013, the company addresses various challenges in the food, beverage, and flavor industries by utilizing gourmet fungi and mycelial fermentation. One of its notable products, ClearTaste, is an all-natural, GMO-free, organic bitter blocker that is both Kosher and Halal certified, designed to improve the taste of various agricultural products. In addition, MycoTechnology offers myceliated chocolate and works with robusta and arabica coffee beans, developing and licensing technology to enhance their flavor profiles. By integrating these innovative solutions, the company aims to help food producers incorporate healthier ingredients and strengthen their brand associations.

MeliBio

Seed Round in 2022
MeliBio, Inc. is a technology-driven company that focuses on producing vegan nectar products as a sustainable alternative to traditional honey. Founded in 2020 by Aaron M. Schaller, PhD, and Darko Mandich, MeliBio utilizes advancements in plant biology, precision fermentation, and synthetic biology to create honey without the involvement of bees, thereby addressing concerns related to biodiversity and the environmental impact of commercial beekeeping. The company, headquartered in Oakland, California, aims to provide food producers with molecularly identical nectar alternatives that are healthier and do not rely on bee farming. In 2023, MeliBio expanded its offerings by launching its consumer brand, Mellody, further promoting its innovative approach to honey production. TIME recognized MeliBio's pioneering methodology as one of the Best Inventions of 2021.

Strella Biotechnology

Venture Round in 2022
Strella Biotechnology, Inc. is a Philadelphia-based company that designs and manufactures sensor-based devices aimed at maximizing the freshness of produce throughout the supply chain. Founded in 2018 by Jacob Jordan and Katherine Sizov, the company specializes in ethylene detection technology, which assesses the ripeness of fruit by measuring the ethylene gas emitted during ripening. This innovation helps to optimize the produce supply chain by providing critical data that reduces spoilage and enhances the management of fresh produce. Strella Biotechnology leverages its patented technology to support efficiency and maintain quality in food distribution.

Black Sheep Foods

Seed Round in 2022
Black Sheep Foods Inc., founded in 2017 and based in San Francisco, California, specializes in producing plant-based alternatives to lamb. The company's offerings include a ground lamb substitute made from soy protein, coconut oil, and natural flavors, designed to be both environmentally sustainable and cost-effective. By utilizing advanced technology and analytical chemistry, Black Sheep Foods aims to provide a product that not only replicates the taste of traditional lamb but also helps consumers reduce their carbon footprint. The focus on health and sustainability positions Black Sheep Foods as a forward-thinking player in the plant-based meat industry.

kencko

Series A in 2022
Kencko is dedicated to making organic fruits and vegetables accessible in convenient forms that fit seamlessly into daily routines. The company specializes in producing instant smoothies that allow consumers to effortlessly incorporate organic produce into their breakfast. These smoothies are free from added sugars, chemicals, and colorants, ensuring that all nutritional content is preserved. By providing hassle-free options for healthy consumption, Kencko aims to transform the way individuals enjoy fresh produce, making nutritious choices easier and more appealing.

New Age Meats

Series A in 2021
New Age Meats is a biotechnology company that develops healthy cultivated meat grown from animal cells instead of animal slaughter.

Noops

Pre Seed Round in 2021
Noops, Inc. is a manufacturer of plant-based oat milk pudding products, offering a variety of flavors including mocha, cocoa, French toast, and sticky bun. Founded in 2019 and based in Roslyn, New York, the company emphasizes healthy food alternatives made from clean ingredients such as organic oats, dates, and sunflower seed proteins. Noops' products are vegan, non-GMO, OU Kosher, and allergen-friendly, with no added sugar, providing customers with immunity-boosting prebiotics and heart-healthy whole grains. The company sells its offerings through an online platform, promoting a better-for-you snacking experience.

Immi

Seed Round in 2021
Immi is a food product manufacturer intended to provide instant ramen with low net carb and high protein. The company's products include high fiber, low sodium, plant-based, and keto-friendly instant ramen, providing healthy quick meal to consumers.

Cirkul

Series B in 2021
Cirkul, Inc. is a beverage company based in Tampa, Florida, that specializes in manufacturing a unique water bottle system designed to enhance the drinking experience. Founded in 2015, Cirkul offers flavored cartridges that can be used with its water bottles, allowing consumers to customize the taste of their water according to personal preferences. This innovative delivery system aims to make drinking water more appealing and convenient, encouraging individuals to stay hydrated while enjoying delicious and nutritious flavors. The company's products not only focus on taste but also emphasize the health benefits associated with increased water consumption.

Elite Sweets

Pre Seed Round in 2021
Elite Sweets is a manufacturer of protein-packed donuts that are supposed to be a healthier alternative to sweets. The company's donuts are baked, gluten-free, protein-packed, and produced with low-sugar and keto-friendly ingredients, allowing customers to enjoy treats regardless of their diet or health situation.

Mud\Wtr

Series A in 2021
MUD\WTR is a producer of organic beverages that provide health and performance benefits through a blend of natural ingredients. The company offers coffee alternatives made from adaptogenic mushrooms such as reishi, lion's mane, and cordyceps, combined with cacao, chia, turmeric, cinnamon, and sea salt. These beverages aim to deliver energy, focus, and immune support without the jitters or crashes associated with traditional coffee. MUD\WTR is committed to promoting healthy minds through the cultivation of healthy habits, positioning itself as a natural alternative to conventional caffeinated drinks.

Tea Drops

Series A in 2021
Tea Drops is a woman-owned organic tea company based in Los Angeles, specializing in innovative, bagless, dissolvable teas. The company produces USDA organic, GMO-free, and gluten-free tea blends made from organic tea, sugar, and aromatic spices. Their unique products come in whimsical shapes such as hearts, stars, and flowers, reflecting a commitment to eco-friendly practices. Tea Drops offers a variety of options, including caffeinated, caffeine-free, collaboration, natural wellness, and bath and body teas. The company sells its products online and through retail stores across the United States, providing consumers with convenient and flavorful beverage choices that are free from artificial flavors.

Copper Cow Coffee

Series A in 2021
Copper Cow Coffee is a premium specialty Vietnamese Coffee Company based in Los Angeles. CCC supports sustainable agriculture in Vietnam and works to make specialty Vietnamese coffee more accessible in the US through modern design, innovative packaging, as well as socially and environmentally-conscious sourcing.

Grovara

Seed Round in 2021
Grovara LLC, founded in 2010 and based in Miami, Florida, operates as a B2B global marketplace that connects U.S. wellness brands with international retailers. The company specializes in distributing agricultural commodities and healthy food and beverage products, including natural foods, snacks, and beverages such as coconut water and frozen fruit bars. Grovara's platform facilitates the marketing and sales of food and beverage products by enabling small and medium-sized enterprises to efficiently reach global distributors and retailers. The marketplace streamlines product discovery, order processing, and fulfillment for export, while also providing insights-driven data to help brands and retailers accelerate growth and scale their businesses.

BlueNalu

Convertible Note in 2021
BlueNalu, Inc. is a cellular aquaculture company based in San Diego, California, founded in 2017. It specializes in the production and marketing of cell-based seafood products, cultivating fish tissue from cells to meet the growing global demand for seafood while promoting sustainability. By utilizing innovative techniques, BlueNalu produces healthy, safe, and tasty seafood dishes that are free from plastics, pathogens, toxins, and other contaminants. The company aims to support ocean diversity and sustainability, providing consumers and restaurants with trusted seafood options that align with ethical and environmental standards.

Thistle

Series B in 2021
Thistle is a healthy food and juice company that delivers fully-prepared, plant-forward meals to the doorsteps of its customers. It makes eating nutritious, organic, and local foods incredibly convenient and accessible. They believe that by removing the major existing hurdles to consumers (no time to make a meal; too expensive to eat healthy; bad local options), they can empower our customers to make great choices for themselves, their family, and the environment. It was founded in 2013 and is based in San Francisco, California.

Good Fish

Series A in 2020
Good Fish specializes in producing and selling fish skin snacks to customers. Good Fish is headquartered in the USA.

Matrix Food Technologies

Seed Round in 2020
Matrix F.T. is built upon over a decade of industry leading experience in the design and manufacture of cell matrices to support all cell types. They create proprietary and custom-engineered nanofiber matrices and microcarriers that are animal-free, edible, and scalable.

Jumbotail Technologies

Series B in 2020
Jumbotail operates an online marketplace focused on simplifying food and grocery shopping in India, primarily targeting wholesale buyers and connecting them with numerous Kirana stores, brands, and staple producers. The company provides a comprehensive suite of services, including supply chain logistics, a mobile app for order placement, point-of-sale integration, and credit solutions for shop owners lacking access to traditional bank loans. Jumbotail aims to enhance the food and grocery ecosystem by leveraging technology and data science to meet the unique needs of India's diverse population. With a wide selection of high-quality staples, packaged foods, and personal care products from leading brands, the company envisions a vast market potential worth hundreds of billions of dollars. Jumbotail's core team comprises experienced professionals from top educational institutions and renowned companies, committed to reimagining the grocery retail landscape through innovative technology and design.

New Age Meats

Seed Round in 2020
New Age Meats is a biotechnology company that develops healthy cultivated meat grown from animal cells instead of animal slaughter.
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