Artesian VC

Artesian VC is an alternative investment management company that specializes in early-stage venture capital, particularly in the clean energy sector. Established in 2004 after spinning out from ANZ Banking Group, the company has evolved to manage a range of specialized funds, with a focus on seed and follow-on investments in startups sourced from approved accelerators, incubators, and academic programs. Artesian's investment strategy emphasizes partnerships with leading organizations in the startup ecosystem, enabling it to identify and support high-potential ventures. With offices in Sydney, Melbourne, Shanghai, New York, London, and Singapore, the company has built a global presence and has successfully raised over AUD 255 million for its various funds. Additionally, Artesian has expanded its reach through initiatives like its China VC Fund and plans for a Southeast Asia VC Fund, underscoring its commitment to fostering innovation in diverse markets.

Matthew Clunies-Ross

Managing Partner

Tim Heasley

Partner and COO

Felix Zhang

Partner

Past deals in Nutrition

Sova

Seed Round in 2024
Sova Health operates a precision nutrition platform that provides personalized nutrition guidance based on blood biomarker analysis. Founded in 2018 and based in Gurugram, India, the company aims to help prevent and manage lifestyle diseases, such as obesity, diabetes, and thyroid issues, which affect a significant portion of the Indian population. Sova Health is developing an AI-powered recommendation engine that incorporates key health metrics, personal goals, and preferences to identify optimal dietary choices for users. The platform offers comprehensive services, including personalized nutritional plans, weekly consultations, continuous support, and access to health experts. As the health and wellness market in India continues to grow, Sova Health addresses the increasing demand for effective solutions in a sector projected to expand significantly in the coming years.

Whole

Seed Round in 2023
Whole develops innovative technology focused on grains, pulses, fruits, and vegetables. This input-agnostic solution maximizes nutrition and minimizes waste, enabling food manufacturers to create tasty, nutritious products that cater to health-conscious consumers while promoting sustainability.

Journey Foods

Venture Round in 2023
Journey Foods is a technology company that empowers food businesses with AI-driven software. Its platform optimizes product development by providing real-time ingredient data, supply chain insights, and collaborative tools. This enables manufacturers to streamline operations, enhance traceability, and improve decision-making.

GROUNDED

Seed Round in 2022
Grounded is a London-based food and beverage company founded in 2016, specializing in the production of healthy natural drinks. The company focuses on creating low-sugar and plant-based beverages, including protein milkshakes made from coconut milk. Grounded uses only raw ingredients sourced from nature, ensuring that its products provide a flavorful and nutritious alternative to traditional drinks. The packaging is environmentally friendly, utilizing materials derived from plants, which aligns with the company's commitment to sustainability while catering to health-conscious consumers.

Harmony Baby Nutrition

Seed Round in 2022
Harmony is a biotechnology startup that creates human breast milk protein-based infant nutrition designed to help human babies thrive. It is the world’s first dairy-free, allergen-free and environmentally friendly infant nutrition. Harmony Baby Nutrition was established in 2018 and is based in Boston, MA.

Zero Cow Factory

Pre Seed Round in 2022
Zero Cow Factory is pioneering the production of animal-free milk protein and dairy products using bioengineering and precision fermentation. Their patented technology replicates nature-identical milk proteins, creating ethical, safe, and delicious alternatives to traditional dairy products that are free from lactose, antibiotics, hormones, cholesterol, and saturated fat. This process is also environmentally friendly, requiring significantly less land, water, energy, and greenhouse gas emissions compared to conventional dairy production.

Compeat Nutrition

Venture Round in 2022
Compeat Nutrition is a visionary company digitally transforming the performance nutrition sector. Reshaping access to world leading performance dietetic capability, Compeat uses its platform to provide true individualisation to everyday active people elite athletes while building confidence an resilience to produce healthier and higher performing humans. All while maintaining our vision of supporting a sustainable world.

Harmony Baby Nutrition

Seed Round in 2021
Harmony is a biotechnology startup that creates human breast milk protein-based infant nutrition designed to help human babies thrive. It is the world’s first dairy-free, allergen-free and environmentally friendly infant nutrition. Harmony Baby Nutrition was established in 2018 and is based in Boston, MA.

Aurora Foods

Venture Round in 2021
Aurora Foods aims to be a product that can be enjoyed by anyone and everyone, its products strive to be healthier than traditional sweets by using patented technology that enables slower sugar release in the bloodstream.

FairFlavor Foods

Non Equity Assistance in 2021
FairFlavor develops nutritious vegan alternative dairy food made of a super nut from Indonesia using a patented fermentation technology

Naka Foods

Seed Round in 2021
Naka Foods is focused on developing micro algae-based. After the market launch of the Spirulina nutrition bar.

Bugsolutely

Venture Round in 2021
Bugsolutely designs and produces insect-based foods intended to transform sustainable protein into everyday eating. It offers cricket flour pasta, including varieties with 20% cricket flour, and markets silkworm-based products. The range emphasizes nutritious proteins, vitamins, minerals, and fiber from edible insects as a practical alternative to conventional protein sources, targeting health-conscious and environmentally minded consumers.

Has Algae

Venture Round in 2021
Has Algae develops food-grade microalgae products aimed at enhancing the nutritional content of everyday foods. Their offerings address common nutrient deficiencies in plant-based diets, particularly omega fatty acids, providing a comprehensive source of nutrients including fats, proteins, and omegas.

Rainfed Foods

Pre Seed Round in 2021
Rainfed Foods is a plant-based protein company established in 2020 and headquartered in Toronto, Canada. The company focuses on producing sustainable and nutritious food options, utilizing climate-resilient underutilized crops such as millets. Rainfed Foods offers a variety of products, including plant-based milk and dairy alternatives, aimed at providing consumers with accessible vegan food choices. By prioritizing sustainability in its operations, Rainfed Foods contributes to the development of resilient food systems.

Shandi

Seed Round in 2020
Shandi Global is a company focused on developing technology for the production of plant-based meat substitutes that closely mimic the amino acid and protein profiles of traditional meats. This innovation aims to expand the versatility of plant-based offerings beyond conventional formats like patties, nuggets, and sausages. Shandi's products are crafted from organic natural ingredients such as water, beans, lentils, cold-pressed oil, herbs, and vegetables. This commitment to using wholesome components allows businesses to integrate plant-based options into their menus without altering existing recipes, promoting accessibility and affordability in the plant-based food market.

Phuture

Seed Round in 2019
Phuture Limited is a Hong Kong-based company founded in 2018 that specializes in producing plant-based minced meat products. Focused on sustainability, Phuture aims to provide alternatives to traditional meat by offering non-genetically modified, halal options that closely mimic the taste and texture of pork. The company's proprietary processing technology incorporates rice into its product blend, enhancing the flavor and mouthfeel to create a satisfying experience for consumers. Through innovation in food technology, Phuture seeks to redefine the culinary landscape and promote healthier lifestyles by making plant-based eating more accessible and enjoyable.

Plento

Pre Seed Round in 2019
Plento produces alternative protein-based snacks using a blend of insect and plant proteins. Their products aim to be high in protein, fiber, vitamins, and minerals while being low in carbohydrates and saturated fats. They are free from common allergens like gluten, dairy, eggs, nuts, and soy, catering to diverse dietary preferences.

Snack Proud

Seed Round in 2018
Snack Proud is an online retailer specializing in healthy food products, particularly snacks and drinks designed for office environments. The company provides a platform that features locally sourced snacks, which are rich in fiber and protein, appealing to health-conscious consumers. In addition to offering a variety of nutritious options, Snack Proud also supports businesses with kitchen services, catering, and branding initiatives aimed at enhancing workplace culture. This focus on healthy eating helps employees maintain proper diets and promotes overall well-being while at work.

Athlete’s Gift

Venture Round in 2015
Athletes Gift specializes in organic food products designed to enhance athletic performance and overall health. The company offers convenient packets that combine protein, carbohydrates, vitamins, and minerals sourced from nuts, seeds, grains, and berries. These products serve as nutritious snacks or breakfast options, providing athletes with an energy boost and supporting speedy recovery after physical exertion. Athletes Gift aims to promote well-being among active individuals through its natural, high-quality offerings.
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