Siddhi Capital

Siddhi Capital, established in 2020 and based in Cherry Hill, New Jersey, is a growth equity firm specializing in the food and beverage sector. It invests in innovative, growth-stage companies operating in food technology, food & beverage, and supply chain & distribution. The firm blends its investment expertise with operational know-how, gained through its strategic partnership with Siddhi Ops, to support and accelerate the growth of its portfolio companies. Siddhi Capital typically invests between USD 5 million to USD 10 million in companies with revenues ranging from USD 25 million to USD 100 million.

Zachary Eagle

Senior Associate

Melissa Facchina

Co - CEO

Steven Finn

Co - CEO

Brian Finn

Chairman

Dyllan Mattea

Investment Associate

David McCormick

Partner

Sam Potter

Partner

Samuel Potter

Partner

Amy Salerno

CFO

Past deals in Food Processing

Plantible

Series B in 2024
Plantible Foods, Inc. is a company that focuses on developing and producing sustainable plant-based protein. Founded in 2016 and headquartered in Bay Harbor Islands, Florida, the company extracts flavors from lemna and utilizes aquatic plants to create its products. Plantible operates a proprietary agricultural manufacturing platform designed to help food companies innovate while minimizing costs. Its plant-based protein is all-natural, organic, and free of major allergens, exhibiting functional characteristics similar to those of egg whites, whey protein, or casein. This allows clients to enhance the quality of their products while benefiting from a more sustainable and cost-effective protein source, ultimately contributing to the optimization of the food industry.

Mush Foods

Seed Round in 2024
Mush Foods, based in New York, specializes in cultivating edible mushroom mycelium as an innovative food source. Their debut product line, 50CUT, is a unique blend that integrates seamlessly with real animal meat, offering consumers a more sustainable and nutritious option. By utilizing fermentation and artificial intelligence, Mush Foods efficiently produces its fungi-based ingredients, aiming to reduce the carbon footprint by half while enhancing taste and affordability.

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.

Michroma

Seed Round in 2023
Michroma Corporation is a biotechnology company that specializes in producing natural thermostable colorants derived from filamentous fungi for the food and cosmetics industries. Founded in 2019, the company operates from locations in San Francisco, California, and Rosario, Argentina. By leveraging synthetic biology, Michroma develops proprietary fungal strains that can be cultivated in bioreactors, allowing for the sustainable and cost-effective production of high-performance ingredients. Its initial offerings focus on pH-stable and heat-stable colorants, which are designed to replace synthetic pigments and those sourced from animals and plants. In addition to colorants, Michroma is also engaged in the production of mycoprotein and other innovative ingredients, collaborating with leading companies in the food and beverage and cosmetic sectors.

ProFuse Technology

Seed Round in 2022
ProFuse Technology is a developer of advanced cultured meat production technology aimed at transforming traditional meat production methods. The company focuses on enhancing the efficiency of meat production by significantly reducing production time, improving the quality of the meat, and increasing overall yields. By accelerating muscle fiber growth, ProFuse's innovative technology enables meat producers to optimize their processes, leading to cost reductions and increased production capacity. This approach positions ProFuse Technology at the forefront of the cultured meat industry, addressing the growing demand for sustainable and high-quality meat alternatives.

kencko

Series A in 2022
Kencko Foods, Inc., established in 2017, is a New York-based company that produces and sells organic fruit and vegetable products in the U.S., U.K., and Canada. It specializes in sachet-based drinks, available in ten, thirty, and sixty packs, designed to provide convenient, hassle-free access to fresh, organic produce. Kencko's mission is to reinvent fresh organic fruits and vegetables into convenient products, preserving their nutritional content and making them easily consumable anytime, anywhere.

Mid-Day Squares

Series C in 2022
Mid-Day Squares is a manufacturer of chocolate nutrition bars, recognized as the creator of the first functional chocolate bar. The company specializes in producing healthy snacking alternatives, offering a range of protein bars crafted from real chocolate. These bars are designed to provide nutritional benefits, as they are rich in protein, fiber, and made with organic sugar and raw, vegan, gluten-free, and organic ingredients. Mid-Day Squares aims to help consumers maintain a healthy lifestyle while effectively satisfying mid-meal hunger.

MycoTechnology

Series E in 2022
MycoTechnology is a food technology company based in Aurora, Colorado, that specializes in utilizing fungi-based food-processing platforms to enhance the flavor and nutritional value of agricultural products. Incorporated in 2013, the company addresses challenges in the food, beverage, and flavor industries through innovative solutions. One of its key products, ClearTaste, is an all-natural, GMO-free, organic bitter blocker that is both Kosher and Halal certified, designed to improve the flavor profile of various agricultural offerings. Additionally, MycoTechnology engages in the fermentation of agricultural products using gourmet fungi, producing items such as myceliated chocolate and enhanced coffee beans. The company also develops and licenses technology aimed at naturally improving the flavor characteristics of robusta and arabica coffee, thereby enabling food producers to incorporate healthier ingredients and strengthen brand association.

Strella Biotechnology

Venture Round in 2022
Strella Biotechnology, founded in 2018 and headquartered in Philadelphia, Pennsylvania, focuses on enhancing the freshness of produce throughout the supply chain. The company specializes in designing and manufacturing sensors that detect ethylene gas, a key indicator of ripeness in fruits. By measuring ethylene production, Strella's technology helps optimize freshness and minimize spoilage. The company leverages its proprietary sensing technology to provide valuable data for improving supply chain management in the food industry.

kencko

Series A in 2022
Kencko Foods, Inc., established in 2017, is a New York-based company that produces and sells organic fruit and vegetable products in the U.S., U.K., and Canada. It specializes in sachet-based drinks, available in ten, thirty, and sixty packs, designed to provide convenient, hassle-free access to fresh, organic produce. Kencko's mission is to reinvent fresh organic fruits and vegetables into convenient products, preserving their nutritional content and making them easily consumable anytime, anywhere.

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.

Thistle

Series B in 2021
Thistle, established in 2013 and headquartered in San Francisco, specializes in delivering ready-to-eat, plant-based meals, snacks, and cold-pressed juices directly to customers. Its offerings are nutritious, gourmet, and sourced locally and organically, making healthy eating convenient and accessible.

Good Fish

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 Food Technologies

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.
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