AgFunder

Founded in 2013, AgFunder is a venture capital firm based in San Francisco, California. It invests globally in agritech and food tech startups that are solving problems in the food system through automation, digitization of supply chain, food waste reduction, alternative proteins, and nutrition. The firm manages multiple funds and has invested in over 50 companies, aiming to deliver meaningful environmental and social impact across the food system.

Michael Dean

Partner

Quinten Eggink

Principal

Andrew Finkelstein

Investor

Andrew Finkelstein

Principal

John Friedman

Investor

Manuel Gonzalez

General Partner

Cliff Hinrichs

Investor

Jonathan Ho

Associate

Rob Leclerc

Partner

Lauren Manning

Investor

Sofía Ramírez Calvo

Venture Partner

Tom Shields

Venture Partner

Angela Tay

Senior Investment Associate

Past deals in Fruits and Vegetables

Fashol

Seed Round in 2024
Fashol is a technology-driven agricultural startup focused on enhancing the food supply chain by connecting farmers directly to markets. The company sources fresh produce from farmers and facilitates last-mile delivery to smallholder retailers, ensuring that customers receive traceable and safe food products. By streamlining the supply chain, Fashol aims to reduce complexity, time, and costs associated with traditional distribution methods, thereby empowering farmers and improving access for consumers.

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 an alternative to traditional animal products by offering nutritious and flavorful food options, including crispy and umami-rich bacon alternatives. By leveraging seaweed farming, Umaro seeks to promote a more humane treatment of animals while also supporting environmental sustainability. The innovative approach positions seaweed as a viable and scalable source of protein, which can surpass traditional soy production, contributing to a thriving planet.

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.

Fable

Series A in 2023
Fable Food Co is a company that specializes in plant-based meat alternatives, primarily utilizing shiitake mushrooms to replicate the taste and texture of traditional meat. The organization focuses on creating minimally processed, clean label products made from all-natural ingredients, catering to the growing demand for healthier and sustainable food options. Fable's offerings are widely available in major Australian grocery chains such as Harris Farm Markets, Coles, and Woolworths, as well as through meal delivery services like Marley Spoon and Dinnerly. Additionally, its products can be found on various restaurant menus across Australia, Singapore, and the UK, making them accessible to a diverse range of consumers seeking vegan substitutes for meat dishes.

Mayani

Seed Round in 2023
Mayani is a Philippines-based online farm-to-table platform connecting over 60,000 smallholder farmers with consumers in retail and commercial markets. It sources fresh produce directly from farmers and distributes it through a network that includes pre-cooling facilities and services for cosmetically imperfect produce, enabling affordable, fresh options and helping farmers improve income. The platform also serves as a supply partner for large retailers and institutions, strengthening the agricultural supply chain across the country. Backed by the Asian Development Bank and AgFunder, Mayani focuses on reducing waste, increasing farmer earnings, and expanding markets for smallholders.

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.

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 an alternative to traditional animal products by offering nutritious and flavorful food options, including crispy and umami-rich bacon alternatives. By leveraging seaweed farming, Umaro seeks to promote a more humane treatment of animals while also supporting environmental sustainability. The innovative approach positions seaweed as a viable and scalable source of protein, which can surpass traditional soy production, contributing to a thriving planet.

Fable

Seed Round in 2021
Fable Food Co is a company that specializes in plant-based meat alternatives, primarily utilizing shiitake mushrooms to replicate the taste and texture of traditional meat. The organization focuses on creating minimally processed, clean label products made from all-natural ingredients, catering to the growing demand for healthier and sustainable food options. Fable's offerings are widely available in major Australian grocery chains such as Harris Farm Markets, Coles, and Woolworths, as well as through meal delivery services like Marley Spoon and Dinnerly. Additionally, its products can be found on various restaurant menus across Australia, Singapore, and the UK, making them accessible to a diverse range of consumers seeking vegan substitutes for meat dishes.

Jüsto

Seed Round in 2020
Jüsto operates an online supermarket platform that enables doorstep delivery of groceries and related goods. The service offers a wide range of products, including fruits, vegetables, meat, dairy, beauty items, and household supplies, with a focus on convenient access to fresh, healthy options at affordable prices.

Jüsto

Seed Round in 2020
Jüsto operates an online supermarket platform that enables doorstep delivery of groceries and related goods. The service offers a wide range of products, including fruits, vegetables, meat, dairy, beauty items, and household supplies, with a focus on convenient access to fresh, healthy options at affordable prices.

ImpactVision

Seed Round in 2018
Founded in 2015, ImpactVision specializes in food technology and machine learning. It develops hyperspectral imaging cameras that integrate with software for real-time product quality inspection in production lines. The company's platform uses spectroscopy and predictive learning to provide insights into food quality, helping to reduce waste and enhance transparency.

ImpactVision

Seed Round in 2017
Founded in 2015, ImpactVision specializes in food technology and machine learning. It develops hyperspectral imaging cameras that integrate with software for real-time product quality inspection in production lines. The company's platform uses spectroscopy and predictive learning to provide insights into food quality, helping to reduce waste and enhance transparency.
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