Fonterra Co-operative Group

Fonterra Co-operative Group is a New Zealand multinational dairy cooperative that processes, manufactures, and exports milk and milk-derived products. It is owned by about 10,500 New Zealand farmers and operates internationally through its ingredients, consumer and foodservice channels. The company organizes its operations into Global Markets, Greater China, and Core Operations, with most revenue generated from its core operations. Its presence spans Asia, China, Australia, New Zealand, the United States, and other regions worldwide.

Komal Mistry-Mehta

Chief Innovation

12 past transactions

Vivici

Series A in 2025
Vivici is a B2B company specializing in the production and supply of animal-free dairy proteins. Utilizing precision fermentation technology, they create nutritious and sustainable ingredients for food and beverage manufacturers, aiming to meet the increasing global demand for functional and environmentally friendly protein sources.

Metrovate

Seed Round in 2024
Metrovate is a biotechnology company dedicated to enhancing global health and sustainability. It operates by developing advanced research and precision biostimulants, designed to improve plant health, stress tolerance, and root systems, thereby promoting sustainable and ethical agricultural practices.

Jooules

Pre Seed Round in 2024
Jooules develops sustainable protein ingredients using a unique gas fermentation process that converts CO₂ and clean energy into high-quality protein. This innovative approach aims to create nutritious, environmentally friendly, and resource-efficient food solutions.

Vivici

Seed Round in 2023
Vivici is a B2B company specializing in the production and supply of animal-free dairy proteins. Utilizing precision fermentation technology, they create nutritious and sustainable ingredients for food and beverage manufacturers, aiming to meet the increasing global demand for functional and environmentally friendly protein sources.

ProTag

Seed Round in 2022
ProTag specializes in smart ear tag sensors for livestock monitoring. Their device tracks temperature, movement, and location, enabling real-time detection of health issues like mastitis and lameness, optimizing herd management.

YFood

Series B in 2020
YFood is a food-tech startup focused on creating innovative food solutions tailored for modern lifestyles. The company specializes in the production of convenient meal alternatives, including ready-to-drink nutritional beverages, drink powders, and bars. YFood's products are designed to offer balanced nutrition by incorporating essential proteins, vitamins, minerals, omega fatty acids, and fiber, providing a healthy alternative to traditional junk food. These offerings aim to supply consumers with sustained energy throughout the day, meeting the demands of a fast-paced lifestyle while prioritizing nutritional value.

Motif

Series A in 2019
Motif FoodWorks, Inc. is a bio-organism engineering company based in Boston, Massachusetts, that specializes in developing innovative food ingredients. The company focuses on producing animal-free proteins, including meat alternatives and dairy-free proteins, catering to the growing demand for plant-based food solutions. By utilizing fermentation technology, Motif creates essential proteins and nutrients that enhance both nutrition and flavor in food products. The company collaborates with chefs, health experts, and food innovators to develop new ingredient solutions aimed at transforming the food industry and promoting sustainability. Established in 2018 and originally known as Motif Ingredients, Motif FoodWorks rebranded in 2019 to reflect its commitment to advancing the next generation of healthy and plant-based foods.

Foodspring

Venture Round in 2018
Foodspring is a German premium fitness nutrition company that develops and sells protein powders, snacks, supplements, meals and other sports nutrition products for health-conscious individuals and active lifestyles. It markets online and emphasizes natural ingredients, including organic-certified protein powder and products made with pasture-raised milk. Founded in 2013 in Berlin, it operates as a subsidiary of Goodminton.

Dreamerz Foods

Series B in 2007
Dreamerz Foods, Inc. provides various natural sleep products. It offers natural sleep beverage, a dietary supplement in the form of an all-natural, creamy, and dairy-based functional sleep beverage. The company also provides chocolate pillows, soothing dairy products, and herbal fruit-flavored mix. It offers its products through stores and online shops. Dreamerz Foods, Inc. was founded in 2006 and is based in San Francisco, California.

Attune Foods

Series B in 2007
Attune Foods, Inc. is a producer of organic snacks headquartered in San Francisco, California, with a focus on probiotic wellness products. Founded in 2006, the company offers a diverse range of wellness bars in multiple flavors, including dark chocolate, mint chocolate, blueberry vanilla, and chewy options such as chocolate peanut butter and mango peach. In addition to wellness bars, Attune Foods also provides granolas featuring chocolate or yogurt chips, muesli, cereals, and graham crackers. The company's mission is to support customers in their pursuit of healthy eating through customizable food options.

POP

POP offers a nutrient-packed supplement for pet dogs to reduce inflammation and support whole-body health.

Scentian Bio

Scentian Bio is a biotechnology company that develops innovative biosensor devices by integrating insect biology with nanotechnology. These devices leverage insect odorant receptors to create advanced sensing solutions tailored for applications in the medical and food industries. Scentian Bio's technology employs machine learning to detect volatile organic compounds, enabling the identification of off-notes in food and beverages, as well as the detection of fraud and adulteration in raw materials. By providing access to this sophisticated sensor technology, Scentian Bio aims to translate nature's sensory capabilities into practical applications for various commercial uses.
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