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-Founder and General Partner

Brian Finn

Chairman

Steven Finn

Co - CEO

Dyllan Mattea

Investment Associate

David McCormick

Partner

Samuel Potter

Partner

Sam Potter

Partner

Amy Salerno

CFO

Past deals in Nutrition

Plantible

Series B in 2024
Plantible Foods, Inc., established in 2016 and based in Bay Harbor Islands, Florida, specializes in developing and producing plant-based protein for the food industry. The company's unique approach involves extracting the grassy flavor from lemna and utilizing aquatic plants to create alternative protein sources. Plantible operates a vertically integrated, proprietary agricultural manufacturing platform, enabling it to deliver sustainable, high-quality protein to its B2B clients. This protein is all-natural, organic, free from major allergens, and offers similar functional characteristics to traditional proteins like egg whites, whey, or casein. By adopting Plantible's protein, food companies can enhance product quality, optimize costs, and reduce their environmental footprint.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Thistle

Series B in 2021
Thistle Health Inc. is a San Francisco-based company that specializes in preparing and delivering ready-to-eat, plant-forward meals, snacks, and cold-pressed juices. Founded in 2013, Thistle focuses on providing nutritious, organic, and locally-sourced food options to enhance convenience and accessibility for consumers. The company aims to address common barriers to healthy eating, such as lack of time, high costs, and inadequate local options, thereby empowering customers to make better dietary choices for themselves, their families, and the environment.

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.
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