AgFunder

AgFunder, established in 2013, is a venture capital firm headquartered in San Francisco, California, with an additional office in the United Kingdom. It specializes in seed and early-stage investments in agritech and food tech companies that are driving meaningful environmental and social impact across the global food system. AgFunder evaluates each investment based on ESG principles and its potential to contribute to the United Nations' Sustainable Development Goals. The firm manages multiple funds, totaling over 50 portfolio companies, and also operates a global media platform, AFN, with over 90,000 subscribers.

Sofía Ramírez Calvo

Venture Partner

Quinten Eggink

Principal

Andrew Finkelstein

Principal

Manuel Gonzalez

Partner

Angela Tay

Senior Investment Associate

Past deals in Food

Cargill Hong Kong

Venture Round in 2024
Cargill Hong Kong is an agricultural technology service provider dedicated to optimizing food production and supply chain management with sophisticated agricultural technologies, resulting in increased sustainability and efficiency in agricultural production.

Vivagran

Pre Seed Round in 2024
Vivagran is a consumer-driven, cereal-based biotechnology company focused on developing and commercializing high-value branded cereals.

eFeed

Seed Round in 2024
eFeed is a direct-to-farmer company focused on animal nutrition and health, established on June 1, 2021, in Pune, Maharashtra, by Kumar Ranjan. The company collaborates with farmers to enhance the quality of animal products and ensure traceability in animal nutrition. By providing nutritional advisory services, eFeed helps farmers tailor nutrition for various animal species, promoting better growth and improving the overall quality of their livestock. The company's platform also offers diagnostics for animal health and recommendations for the appropriate nutrition, medication, and organic feed processing techniques. This comprehensive approach enables farmers to optimize their animal feeds using available resources, ultimately leading to improved harvests and increased income.

Biodefense

Pre Seed Round in 2024
BioDefense specializes in innovative microbial defense solutions aimed at enhancing food safety and freshness. The company develops Bioshield, a coating made from food materials designed to protect fresh produce by maximizing its safety and shelf life. Additionally, BioDefense's technology effectively extracts and traps pathogenic microbes from various sources, including water and consumer goods. This approach allows for precise and rapid analysis at the single-cell level, enabling clients to produce contaminant-free products with a high degree of confidence. Through these advancements, BioDefense aims to address critical challenges in food safety and microbial contamination in various industries.

Fashol

Seed Round in 2024
Fashol is a technology-driven agriculture startup that facilitates direct market access for farmers while offering smallholder retailers an efficient last-mile delivery service. The company focuses on enhancing the food supply chain by sourcing fresh produce directly from farmers and delivering it to retailers. This approach ensures that consumers receive traceable and safe food products, while also creating a cost-effective supply chain that minimizes complexity, time, and expense. By connecting farmers with markets and streamlining logistics, Fashol aims to empower agricultural communities and improve the overall efficiency of food distribution.

Umaro

Seed Round in 2024
Umaro Foods focuses on creating a sustainable plant-based protein derived from ocean-farmed seaweed. The company aims to provide a nutritious protein alternative while promoting the humane treatment of animals and environmental sustainability. Its innovative products include crispy, crunchy, and umami-flavored bacon alternatives, designed to appeal to consumers looking for healthier and more ethical food options. By collaborating with seaweed farmers, Umaro Foods seeks to establish a more productive and scalable protein source that surpasses traditional soy production, contributing to a thriving planet.

Meatiply

Seed Round in 2023
Producer of cultivated meat products intended to make tasty meat that is healthy and kind to animals and the planet. The company's products multiply cells derived from the meat of livestock animals to turn them into meat by sourcing the best cells, growing them and maturing them, enabling consumers to directly reduce the negative impacts of food production and enjoy real meat without having to harm the animal.

LYRO Robotics

Seed Round in 2023
LYRO Robotics, established in 2017 and based in Eight Mile Plains, Australia, specializes in developing robotics and AI solutions for order fulfillment in warehouses and logistics. The company creates pick-and-pack robots, computer vision systems, and grippers, along with proprietary algorithms, enabling efficient handling of various items, including fresh produce. LYRO's robots are designed to operate in food supply chains, helping farmers and supermarkets streamline produce distribution, reduce waste, and mitigate labor shortages.

Exosomm

Pre Seed Round in 2023
Exosomm is an innovative foodtech start-up focused on developing nutritional solutions derived from natural milk exosomes. The company was founded based on research from Hadassah Medical Center, led by Prof. Reif's team. Exosomm's flagship product is a specialized food formula designed for patients suffering from inflammatory bowel diseases, such as Crohn's disease and ulcerative colitis. This product utilizes a patented active anti-inflammatory ingredient sourced from milk exosomes, which are isolated using a natural and environmentally friendly process. By targeting health and immunity, Exosomm aims to provide effective solutions for individuals with specific dietary needs.

DHF Platforms

Seed Round in 2023
DHF Platforms is a producer of sustainably sourced fruits and vegetables that offers a variety of fresh and healthy food products.

The Kawa Project

Pre Seed Round in 2023
Kawa Project is a materials science company dedicated to developing functional materials from food waste, primarily focusing on coffee waste. The company aims to mitigate climate change by upcycling this waste to create valuable and less-toxic alternatives, such as cocoa powder. By transforming food waste into useful products, Kawa Project enables clients to enhance their food waste management processes while contributing to sustainability efforts.

Fable

Series A in 2023
Fable Food Co is a company that specializes in creating plant-based meat alternatives primarily derived from shiitake mushrooms. Their products are designed to replicate the taste and texture of traditional meat, providing a nutritious and healthy substitute for consumers. Fable's offerings are clean label and minimally processed, made entirely from natural plant-based ingredients. The company's products are widely available across Australia, including major retailers such as Harris Farm Markets, Coles, and Woolworths, as well as through meal delivery services like Marley Spoon and Dinnerly. Additionally, Fable's products feature on various restaurant menus in Australia, Singapore, and the UK, catering to both food enthusiasts and those seeking vegan options.

Mayani

Seed Round in 2023
Mayani is a rapidly growing farm-to-table platform in the Philippines that connects over 60,000 smallholder farmers directly with consumers, including both retail and commercial clients. The platform facilitates the online purchase of fresh agricultural products, such as fruits and vegetables, and also offers packaged and frozen meat and food items. By allowing customers to buy these products online, Mayani enhances convenience for consumers while supporting farmers by providing them with a marketplace to sell their goods. The company plays a significant role in the agricultural supply chain for notable partners and has received backing from the Asian Development Bank and AgFunder, a prominent venture capital firm in the agtech sector.

Black Sheep Foods

Series A in 2022
Black Sheep Foods Inc., founded in 2017 and based in San Francisco, California, specializes in producing plant-based alternatives to lamb. The company's offerings include a ground lamb substitute made from soy protein, coconut oil, and natural flavors, designed to be both environmentally sustainable and cost-effective. By utilizing advanced technology and analytical chemistry, Black Sheep Foods aims to provide a product that not only replicates the taste of traditional lamb but also helps consumers reduce their carbon footprint. The focus on health and sustainability positions Black Sheep Foods as a forward-thinking player in the plant-based meat industry.

Hoxton Farms

Series A in 2022
Hoxton Farms, located in London, UK, specializes in producing real animal fat without the use of animals. The company employs a combination of cell biology and mathematical modeling to cultivate purified animal fat in bioreactors. This innovative approach provides a sustainable and cruelty-free ingredient for the meat alternatives industry, as well as applications in other sectors such as bakery, confectionery, and cosmetics. By focusing on cultivated fat, Hoxton Farms aims to meet the growing demand for ethical and environmentally friendly food products.

LYRO Robotics

Seed Round in 2022
LYRO Robotics, established in 2017 and based in Eight Mile Plains, Australia, specializes in developing robotics and AI solutions for order fulfillment in warehouses and logistics. The company creates pick-and-pack robots, computer vision systems, and grippers, along with proprietary algorithms, enabling efficient handling of various items, including fresh produce. LYRO's robots are designed to operate in food supply chains, helping farmers and supermarkets streamline produce distribution, reduce waste, and mitigate labor shortages.

FYTO

Series A in 2022
FYTO, Inc. is a company based in Cambridge, Massachusetts, that focuses on developing plant-based feed production systems aimed at enhancing the sustainability of agriculture. Founded in 2019, FYTO specializes in creating nutrient-dense crops that require minimal resources, alongside cultivation and harvesting systems designed to ensure quality and consistency. The company's offerings include a variety of agricultural products such as animal feed, plant-based proteins, nutritional supplements, and bio-fertilizers. By adopting climate-friendly practices and methodologies, FYTO aims to support farmers globally in achieving improved economic and environmental outcomes in their agricultural operations.

Atomo Coffee

Series A in 2022
Atomo Coffee Inc, founded in 2019 and headquartered in Seattle, Washington, specializes in the production of molecular coffee. The company has developed a unique process that reverse-engineers the coffee bean, allowing it to create a smooth cup of coffee using naturally derived ingredients. This innovative approach not only enhances the flavor profile but also offers a more sustainable alternative to traditional coffee production methods.

Brown Foods

Seed Round in 2022
Brown Foods is to produce “real cow’s milk” in a laboratory.

Nom Nom Nom

Pre Seed Round in 2022
Nom Nom Nom operates as a fast food alternative focused on promoting healthy eating habits. The company provides meals made from vegetables, fruits, legumes, and whole grains, catering to health-conscious consumers who seek convenient dining options without sacrificing their nutritional goals. By offering a menu that prioritizes wholesome ingredients, Nom Nom Nom aims to redefine the fast food experience, making it healthier than traditional fast food offerings.

Mooji Meats

Seed Round in 2022
Mooji Meats is a sustainable food manufacturing company specializing in the production of plant-based steaks designed to replicate the taste and texture of real meat. Utilizing a proprietary platform, Mooji Meats mimics muscle structure with plant fibers, offering consumers an alternative to traditional rib-eyes that meets their culinary desires while prioritizing health and environmental considerations. The company focuses on providing a luxury experience without the use of genetically modified organisms (GMO), aiming to satisfy both ethical and taste preferences in the growing market for plant-based alternatives.

Veggie Victory

Pre Seed Round in 2022
Veggie Victory is Nigeria's first plant-based food technology company, focusing on providing healthy and sustainable food options through its vegetarian restaurant. The company offers a variety of plant-based meats and meals designed to promote a healthier lifestyle while addressing food security, environmental, and socio-economic challenges in Africa. By delivering affordable and delicious plant-based products, Veggie Victory aims to enhance the dining experience for customers and encourage a shift towards more sustainable eating habits.

LYRO Robotics

Seed Round in 2022
LYRO Robotics, established in 2017 and based in Eight Mile Plains, Australia, specializes in developing robotics and AI solutions for order fulfillment in warehouses and logistics. The company creates pick-and-pack robots, computer vision systems, and grippers, along with proprietary algorithms, enabling efficient handling of various items, including fresh produce. LYRO's robots are designed to operate in food supply chains, helping farmers and supermarkets streamline produce distribution, reduce waste, and mitigate labor shortages.

Green Rebel Foods

Seed Round in 2022
Green Rebel Foods is a company that specializes in producing plant-based meat alternatives that are both vegan and animal-free. Their products are designed to mimic the taste and texture of traditional meat while offering higher protein content, no cholesterol, and lower saturated fat. By utilizing fewer natural resources in their production, Green Rebel Foods aims to provide consumers with a sustainable option that maintains authentic Asian flavors. This approach allows individuals to enjoy protein-rich food with reduced environmental impact, aligning health benefits with eco-friendliness.

Umaro

Seed Round in 2022
Umaro Foods focuses on creating a sustainable plant-based protein derived from ocean-farmed seaweed. The company aims to provide a nutritious protein alternative while promoting the humane treatment of animals and environmental sustainability. Its innovative products include crispy, crunchy, and umami-flavored bacon alternatives, designed to appeal to consumers looking for healthier and more ethical food options. By collaborating with seaweed farmers, Umaro Foods seeks to establish a more productive and scalable protein source that surpasses traditional soy production, contributing to a thriving planet.

Black Sheep Foods

Seed Round in 2022
Black Sheep Foods Inc., founded in 2017 and based in San Francisco, California, specializes in producing plant-based alternatives to lamb. The company's offerings include a ground lamb substitute made from soy protein, coconut oil, and natural flavors, designed to be both environmentally sustainable and cost-effective. By utilizing advanced technology and analytical chemistry, Black Sheep Foods aims to provide a product that not only replicates the taste of traditional lamb but also helps consumers reduce their carbon footprint. The focus on health and sustainability positions Black Sheep Foods as a forward-thinking player in the plant-based meat industry.

IntegriCulture

Series A in 2022
IntegriCulture Inc., founded in 2015 and based in Bunkyo, Japan, specializes in the development of cellular agriculture products, including clean meat and clean foie gras. The company focuses on improving sustainability and food security while addressing public health issues associated with traditional meat production. IntegriCulture has created a patented large-scale cell culture system that allows for the cultivation of a wide range of cells without the need for expensive growth factors, making clean meat more affordable for consumers. Through its innovative technology, IntegriCulture aims to revolutionize the food industry and promote a more sustainable future.

Juicy Marbles

Seed Round in 2021
Juicy Marbles is a food-tech company that specializes in creating thick, juicy, and marbled plant-based steaks. Utilizing proprietary protein texturing technology, the company produces whole cuts that aim to replicate the taste, price, and convenience of traditional meat products. Juicy Marbles envisions a variety of meat alternatives that not only appeal to consumers but also contribute to reducing meat consumption in a more sustainable manner. The company's goal is to significantly lower meat consumption by 2030, promoting healthier eating options while advancing the transition of the meat industry towards sustainability.

Supplant

Series A in 2021
Supplant is a biotechnology platform working in the food sector. It develops natural food ingredients from agricultural resources to allow food manufacturers to decrease sugar, increase fiber, and boost the gut health-promoting qualities of its products.

Fable

Seed Round in 2021
Fable Food Co is a company that specializes in creating plant-based meat alternatives primarily derived from shiitake mushrooms. Their products are designed to replicate the taste and texture of traditional meat, providing a nutritious and healthy substitute for consumers. Fable's offerings are clean label and minimally processed, made entirely from natural plant-based ingredients. The company's products are widely available across Australia, including major retailers such as Harris Farm Markets, Coles, and Woolworths, as well as through meal delivery services like Marley Spoon and Dinnerly. Additionally, Fable's products feature on various restaurant menus in Australia, Singapore, and the UK, catering to both food enthusiasts and those seeking vegan options.

Hwy Haul

Series A in 2021
Hwy Haul is a technology startup based in Silicon Valley, founded by a team with experience from Walmart. The company operates a digital freight marketplace designed to connect shippers directly with carriers for the transportation of goods, particularly fresh produce. By streamlining the logistics process, Hwy Haul reduces food wastage during transportation. Its platform allows users to search, compare, and book freight services from various partners while providing features such as real-time location tracking, cold-chain monitoring, and digital documentation. This direct connection enables clients to conduct transactions transparently and reliably, eliminating the need for third-party brokers.

Green Butcher

Seed Round in 2021
Green Butcher operates as a plant-based eatery chain.

RUBILABS VETERINARY SERVICES (RVS)

Seed Round in 2020
RubiLabs Inc is a medical logistics company based in Abeokuta, Nigeria, founded in 2018. The company operates a digital platform that facilitates on-demand deliveries of essential medical products, such as vaccines and medications, to hospitals and pharmacies across Africa. Utilizing various delivery methods, including drones and motorcycles, RubiLabs connects manufacturers of medical products directly with healthcare providers, enhancing access to life-saving care in underserved communities. Additionally, the company has developed a platform that supports a micro-fulfillment distribution network for livestock farmers, supplying essential farm inputs through local neighborhood stores to improve productivity and market access.

Atomo Coffee

Seed Round in 2020
Atomo Coffee Inc, founded in 2019 and headquartered in Seattle, Washington, specializes in the production of molecular coffee. The company has developed a unique process that reverse-engineers the coffee bean, allowing it to create a smooth cup of coffee using naturally derived ingredients. This innovative approach not only enhances the flavor profile but also offers a more sustainable alternative to traditional coffee production methods.

Jüsto

Seed Round in 2020
Jüsto is an online grocery store chain that specializes in delivery-only services. It provides a broad selection of items including fruits, vegetables, meat products, beauty products, and household supplies directly to consumers' doorsteps. The company focuses on offering fresh and healthy food products at competitive prices through its user-friendly platform.

Jüsto

Seed Round in 2020
Jüsto is an online grocery store chain that specializes in delivery-only services. It provides a broad selection of items including fruits, vegetables, meat products, beauty products, and household supplies directly to consumers' doorsteps. The company focuses on offering fresh and healthy food products at competitive prices through its user-friendly platform.

IntegriCulture

Series A in 2020
IntegriCulture Inc., founded in 2015 and based in Bunkyo, Japan, specializes in the development of cellular agriculture products, including clean meat and clean foie gras. The company focuses on improving sustainability and food security while addressing public health issues associated with traditional meat production. IntegriCulture has created a patented large-scale cell culture system that allows for the cultivation of a wide range of cells without the need for expensive growth factors, making clean meat more affordable for consumers. Through its innovative technology, IntegriCulture aims to revolutionize the food industry and promote a more sustainable future.

Alpha Foods

Series A in 2020
Alpha Foods is a producer of plant-based food products that emphasizes taste, texture, and sustainability. Founded in 2015, the company aims to provide delicious meat alternatives derived from plants, catering to consumers seeking healthier dietary options. Its offerings include a variety of convenience foods made from non-dairy and non-genetically modified organisms ingredients, ensuring that customers receive cholesterol-free products with enhanced protein content. Alpha Foods is committed to promoting a healthier diet and a sustainable food industry through its innovative plant-based alternatives.

ImpactVision

Seed Round in 2018
ImpactVision, Inc. is a technology company based in San Francisco, California, specializing in hyperspectral imaging cameras and software solutions for the food industry. Founded in 2015, the company focuses on enhancing food quality assessment through its innovative platform, which combines machine learning with advanced imaging technology. Its products are designed to be integrated into production lines, providing real-time analysis of food quality, including freshness and ripeness. Key software packages include FoDCam for detecting foreign objects, AvoCam for assessing avocado dry matter, and FishCam for fish quality evaluation. By leveraging non-invasive imaging and predictive learning, ImpactVision aims to improve food security and reduce waste, fostering transparency within the global food system.

ImpactVision

Seed Round in 2017
ImpactVision, Inc. is a technology company based in San Francisco, California, specializing in hyperspectral imaging cameras and software solutions for the food industry. Founded in 2015, the company focuses on enhancing food quality assessment through its innovative platform, which combines machine learning with advanced imaging technology. Its products are designed to be integrated into production lines, providing real-time analysis of food quality, including freshness and ripeness. Key software packages include FoDCam for detecting foreign objects, AvoCam for assessing avocado dry matter, and FishCam for fish quality evaluation. By leveraging non-invasive imaging and predictive learning, ImpactVision aims to improve food security and reduce waste, fostering transparency within the global food system.

Kuli Kuli

Seed Round in 2014
Kuli Kuli, Inc. is a producer of nutritional moringa products based in Oakland, California. Founded in 2011 by Anne Tsuei, Jordan Moncharmont, Lisa Curtis, and Valerie Popelka, the company offers a range of products, including moringa bars, moringa powders, green energy shots, herbal teas, and sampler packs. Kuli Kuli markets its products through both retail stores and online channels, aiming to provide health-conscious consumers with the benefits of moringa, a nutrient-rich superfood.
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