Siddhi Capital

Siddhi Capital, founded in 2020 and based in Cherry Hill, New Jersey, is a growth and expansion firm specializing in the food and beverage sectors. As an operationally-focused equity firm, Siddhi Capital combines investment and operational expertise to foster growth and create value for its stakeholders. The firm aims to support visionary entrepreneurs and innovative companies that are transforming the consumer packaged goods (CPG) and food industries. Siddhi Capital primarily invests in businesses involved in food technology, food and beverage, and supply chain and distribution, positioning itself as a venture partner for companies seeking to disrupt traditional market conventions.

Susie Bittker

Senior Associate

Zachary Eagle

Senior Associate

Dyllan Mattea

Investment Associate

David McCormick

Partner

Samuel Potter

Partner

Sam Potter

Partner

Amy Salerno

Partner and CFO

Past deals in Food Processing

kencko

Series A in 2022
Kencko Foods, Inc. specializes in producing and selling organic fruit and vegetable products across the United States, the United Kingdom, and Canada. Founded in 2017 and headquartered in New York, the company operates a processing facility in Lisbon, Portugal. Kencko focuses on reinventing fresh organic produce into convenient, hassle-free products, including sachet-based instant smoothies that come in various pack sizes. These smoothies contain no added sugar, chemicals, or colorants, preserving the nutritional content of the ingredients. Kencko aims to make it easy for consumers to incorporate healthy and tasty organic fruits and vegetables into their daily routines.

Mid-Day Squares

Series C in 2022
Producer of chocolate nutrition bars intended to offer healthy snacking alternatives. The company manufactures a range of protein bars that are made out of real chocolate and are packed with protein, fiber, and organic sugar and raw, vegan, gluten-free, and organic ingredients, enabling consumers to stay fit and healthily satisfy their mid-meal hunger.

MycoTechnology

Series E in 2022
MycoTechnology utilizes fungi-based food-processing platforms to transform the flavor and value of agricultural products. The platform can be used to solve a variety of challenges faced by the food, beverage, and flavor industries. MycoTechnology has released ClearTaste, an all-natural, GMO-free, organic bitter blocker that is Kosher and Halal certified. ClearTaste improves the flavor of various agricultural products. MycoTechnology also engages in fermenting agricultural products with strains of gourmet fungi. The company offers myceliated chocolate as well as robusta and arabica coffee beans. It develops and licenses technology to the industry to naturally improve the flavor of robusta and arabica coffee. The company was incorporated in 2013 and is based in Aurora, Colorado.

MeliBio

Seed Round in 2022
MeliBio, Inc., established in 2020 and located in Berkeley, California, specializes in producing vegan nectar products that serve as molecularly identical alternatives to honey. The company utilizes scientific technologies and synthetic biology to create honey-like products without relying on bees, addressing concerns related to biodiversity loss associated with commercial bee farming. By providing these innovative alternatives, MeliBio enables food producers to incorporate vegan nectar into their offerings, promoting a more sustainable approach to honey production.

Black Sheep Foods

Seed Round in 2022
Black Sheep Foods Inc., founded in 2017 and headquartered in San Francisco, California, specializes in producing plant-based lamb alternatives. The company leverages innovative technology and analytical chemistry to develop its products, which include a plant-based alternative to ground lamb made from soy protein, coconut oil, and natural flavors. By offering a sustainable substitute for traditional lamb, Black Sheep Foods aims to provide consumers with a healthier option that also helps reduce their carbon footprint while delivering a similar taste experience.

kencko

Series A in 2022
Kencko Foods, Inc. specializes in producing and selling organic fruit and vegetable products across the United States, the United Kingdom, and Canada. Founded in 2017 and headquartered in New York, the company operates a processing facility in Lisbon, Portugal. Kencko focuses on reinventing fresh organic produce into convenient, hassle-free products, including sachet-based instant smoothies that come in various pack sizes. These smoothies contain no added sugar, chemicals, or colorants, preserving the nutritional content of the ingredients. Kencko aims to make it easy for consumers to incorporate healthy and tasty organic fruits and vegetables into their daily routines.

New Age Meats

Series A in 2021
New Age Meats is a biotechnology company based in San Francisco, California, founded in 2017. The company specializes in producing cultivated meat using an automated, data-driven platform and advanced stem cell technology. By growing meat from animal cells rather than relying on traditional animal slaughter, New Age Meats aims to create healthier and more sustainable meat alternatives.

Noops

Pre Seed Round in 2021
Noops, Inc. manufactures and sells plant-based oat milk pudding products. The company offers mocha, cocoa, French toast, sticky bun, and related flavors of oat milk pudding products. It sells its products through its online platform. Noops, Inc. was formerly known as SuperBox Brands, Inc. and changed its name to Noops, Inc. in October 2019. The company was founded in 2019 and is based in Roslyn, New York.

Immi

Seed Round in 2021
Immi is a food product manufacturer focused on creating instant ramen that is low in net carbohydrates and high in protein. The company offers a range of Asian-American food products designed to be guilt-free and nutritious, featuring options that are low in sodium, plant-based, and keto-friendly. By prioritizing better ingredients and crafted flavors, Immi aims to provide consumers with a healthy and delicious quick meal alternative that meets modern dietary preferences.

BlueNalu

Convertible Note in 2021
BlueNalu is a cellular aquaculture company that satisfies the global appetite for seafood in a fresh, sustainable, and humane way. It offers consumers with great tasting, healthy, safe, and trusted seafood products, that support the sustainability and diversity of the oceans. The company was founded in 2017 and is headquartered in San Diego, California.

GoodFish

Series A in 2020
Good Fish is a company based in the USA that focuses on producing and selling fish skin snacks, specifically made from sockeye salmon skin. The company creates crispy chips using wild-caught salmon skins, which are rich in healthy fats, clean protein, and marine collagen, while containing no carbohydrates. By utilizing upcycled seafood, Good Fish offers a sustainable snacking option that caters to health-conscious consumers, promoting both wellness and environmental sustainability.

Matrix Meats, LLC

Seed Round in 2020
Matrix Meats, LLC, headquartered in Columbus, Ohio, specializes in the development and manufacture of nanofiber scaffolds designed to facilitate the production of cultured meat. The company's proprietary process utilizes a variety of synthetic and organic materials to create structural replacements for non-muscle and non-fat proteins found in traditional meat. Founded in 2019 by Eric Jenkusky, Ross Kayuha, and Flavio Lobato, Matrix Meats focuses on providing solutions that promote clean, healthy, and environmentally friendly cellular meat. Their scaffolds, made from materials such as mycelium, algae, or aerogels, play a crucial role in advancing the cultured meat industry.

New Age Meats

Seed Round in 2020
New Age Meats is a biotechnology company based in San Francisco, California, founded in 2017. The company specializes in producing cultivated meat using an automated, data-driven platform and advanced stem cell technology. By growing meat from animal cells rather than relying on traditional animal slaughter, New Age Meats aims to create healthier and more sustainable meat alternatives.

Noops

Pre Seed Round in 2020
Noops, Inc. manufactures and sells plant-based oat milk pudding products. The company offers mocha, cocoa, French toast, sticky bun, and related flavors of oat milk pudding products. It sells its products through its online platform. Noops, Inc. was formerly known as SuperBox Brands, Inc. and changed its name to Noops, Inc. in October 2019. The company was founded in 2019 and is based in Roslyn, New York.
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