Joyful VC

Joyful VC is a venture capital firm focused on transforming the food system through the development of sustainable protein alternatives. The company supports innovative solutions that aim to produce, distribute, and promote sustainable proteins that can compete with traditional animal-based products in terms of cost, taste, and convenience. By investing in ventures that prioritize social impact and environmental sustainability, Joyful VC seeks to create a positive change in the food industry, ultimately contributing to a more sustainable future.

Milo Runkle

Founding Partner and General Partner

7 past transactions

Meatly

Seed Round in 2024
Meatly produces eco-friendly pet food using cultivated meat technology. It grows meat from animal cells in bioreactors, creating a sustainable and ethical alternative for pet owners.

De Novo Foodlabs

Seed Round in 2024
De Novo Foodlabs specializes in developing animal-free dairy products and proteins that offer nutritional profiles identical to cow's milk. The company employs precision fermentation technology to create innovative ingredients that are sustainable, vegan, and free from antibiotics. By integrating bioinformatics and advanced biotechnology, De Novo Foodlabs modifies the functionality of proteins and essential nutrients, ensuring that its offerings are not only healthier for consumers but also easier to produce and less harmful to the environment. This approach allows food companies to take a phased strategy in creating healthier and more sustainable products for their customers.

Adamo Foods

Seed Round in 2024
Adamo Foods is a UK-based company developing plant-based whole-cut meats using proprietary fermentation technology combined with mycelium.

Maia Farms

Pre Seed Round in 2024
Maia Farms produces CanPro, a mushroom-based protein ingredient for food manufacturers aiming to enhance sustainability and nutrition while reducing reliance on traditional protein sources.

Cultivated Biosciences

Seed Round in 2024
Cultivated Biosciences is a food production company that develops specialized fat ingredients from oleaginous yeast. These ingredients enhance the creaminess and mouthfeel of plant-based dairy products, such as cheese and yogurt alternatives.

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 focuses on producing high-quality, pure, animal-free collagen and gelatin through innovative cellular agriculture techniques. By cultivating cells in bioreactors, Jellatech aims to eliminate the dependency on animals for these essential ingredients, catering to clients across various sectors including food and beverage, medical, pharmaceutical, and personal care industries. Jellatech's commitment to providing safe and sustainable alternatives positions it as a forward-thinking leader in the biotechnology field.

New School Foods

Seed Round in 2023
New School Foods develops plant-based seafood products that mimic the texture, flavor, nutrition, and cooking experience of traditional seafood. Their initial product is a plant-based salmon filet, aiming to provide sustainable and healthier alternatives.
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