Astanor Ventures II

Astanor Ventures is a venture capital firm focusing on entrepreneurs regenerating the food, blue ocean economy, and agriculture sector. The firm targeting technology-enabled companies across the agri-food value chain, leveraging disruptive technologies to bring about a future of food that is nourishing, regenerative, trusted, and ultra-fresh. It rings together capital, deep sector knowledge, and a strong network of entrepreneurs, impact investors, technologists, scientists, farmers, chefs, policymakers, and food lovers to give rise to a future of food that is nourishing, regenerative, scalable, trusted, and delicious.

Valerie Christy

Investment Associate

Laetitia De Panafieu

Investment Principal

42 past transactions

Ynsect

Series D in 2023
Ynsect provides products and services that operate in the agro-food and environmental biotech industries. It uses the potential of insect nutrients and behaviors to develop novel products and services in collaboration with their clients. Since 2011, Ÿnsect has been transforming farmed insects into premium animal nutrition. They develop innovations to farm insects at a large scale and automate processes to turn insects into the highest quality raw materials for animal feed. Its unique know-how makes Ÿnsect a preferred partner among agri-food professionals, laboratories, investors, public institutions, and insect industry farmers.

Vivent

Venture Round in 2022
Vivent provides growers, breeders and agrochem companies with actionable information direct from plants themselves. We help clients see how and when plants respond to changing conditions and we provide early warning (days before visual symptoms) of abiotic and biotic stressors. With better information on plant responses, growers optimise conditions and have increased yields and fruit quality. Early warning enables more effective and environmentally preferable crop protection. Plant scientists accelerate agrochem product development and improve use recommendations. Breeders can identify beneficial traits in real-time.

Current Foods

Seed Round in 2022
Current Foods creates plant-based alternatives for people's seafood favorites, using plants and biotechnology without the environmental and ethical consequences. Current Foods makes plant-based tuna and salmon bites.

Galley Solutions

Series A in 2022
Food businesses struggle to cost food accurately, know precise margins, and make data-driven decisions. The result? Too much reliance on intuition and approximations - and profit margins suffer. Galley helps restaurants, caterers, and other types of food businesses collect and understand the food data behind their operations to empower them to make more profitable decisions. See for yourself: www.galleysolutions.com Here’s how our platform works in three steps: + Claim Your Data - Galley analyzes your inventory to give you real-time food costs, accurate recipe margins, and insights you need to create more profitable menus. + Optimize Purchasing - Galley tracks food usage and sales to create optimized purchase orders that save you countless hours in front of your screen. + Master Operations - Galley generates efficient production guides that help your team reduce overproduction, waste and spoilage, and unnecessary labor costs. You’re left with a high-margin kitchen on autopilot and more time than ever to focus on the things that really matter in your business. Want to take control of your operations? Visit galleysolutions.com.

Planetary

Seed Round in 2022
Planetary is a global infrastructure platform that designs, builds, and operates upstream, downstream, and formulations capacity, as well as related IP, for biomass and precision fermentation players. It provides solutions to produce biotech-enabled alternatives to animal-derived foods at scale, led by experts in bioprocessing, engineering, product formulation, and food markets.

Umiami

Series A in 2022
Umiami is a French food-tech startup that develops plant-based food technology to reduce meat consumption. It also offers plant-based whole-cuts that contain plant proteins helping consumers to have alternatives that mimic the taste, texture, and smell of meat. The company was founded in 2020 and is based in Paris, France.

Umiami

Series A in 2022
Umiami is a French food-tech startup that develops plant-based food technology to reduce meat consumption. It also offers plant-based whole-cuts that contain plant proteins helping consumers to have alternatives that mimic the taste, texture, and smell of meat. The company was founded in 2020 and is based in Paris, France.

MeliBio

Seed Round in 2022
MeliBio is a technology-based company focusing on plant biology, precision fermentation, and food science that replaces honeybees with microorganisms as a medium for honey production. The company was founded in 2020 by Aaron M. Schaller, PhD and Darko Mandich and is headquartered in Oakland, California, United States. TIME named MeliBio's approach in making honey without bees as Best Inventions 2021. In 2023, MeliBio launched consumer-facing brand Mellody.

IUNU

Series B in 2022
IUNU is an industrial computer vision company that connects plants, facilities, and people through a single interface. Luna turns commercial greenhouses into precise, predictable, demand-based manufacturers. Luna is an AI born in the heart of Seattle; trained in Silicon Valley and the greenhouses of Skagit Valley; accessible from everywhere. Founded in 2013, iUNU is an industrial computer vision company headquartered in Seattle, with offices in San Francisco and San Diego.

Source.ag

Seed Round in 2022
Source.ag is accelerating access to fresh fruit and vegetables with A.I.-powered glasshouses. The company's team of experienced engineers and plant scientists has partnered with the growers to build the sector’s advanced artificial intelligence. Its proprietary algorithms simulate plant behavior to define and execute optimal cultivation strategies, taking into account millions of data points on climate, biology, and resources. By enabling more growers to operate more facilities more efficiently through pioneering technology, Source is making glasshouse agriculture accessible, profitable, and globally scalable. Together, they are on a mission to provide nutritious food to more people while using fewer resources.

Mi Terro

Angel Round in 2022
Mi Terro is an advanced material company that creates ocean degradable and home compostable flexible packaging materials made from agricultural waste. We are not turning agricultural waste into beverages or snacks like other companies. Instead, we are giving agricultural waste a new life by repurposing it to replace plastic and paper-based materials and giving additional incomes to farmers all around the world. Our material accommodates a diverse range of fully compostable packaging applications for fresh produce, dry food, fashion, cleaning product, and standard product packaging. Our technology can potentially apply to any type of agricultural byproducts and surplus food, including plant, dairy, and vitamin supplement byproducts. Our process uses less energy than paper and plastic production while creating 90% less CO2 than plastic. We are replacing petroleum-based materials with protein-based materials made from agricultural waste. We are redefining the circular economy in which everything begins with agricultural waste and ends as compostable or biodegradable. We are taking a world problem and making it into a world solution. Our technologies will have more impact to the world than plant-based and cultivated meat.

Notpla

Series A in 2021
Notpla is a sustainable packaging start-up that develops a material derived from seaweed and plants. The company's products include a coating for takeaway boxes, film, paper made from seaweed pulp, and a rigid plastic alternative, also made from seaweed. Notpla was founded in 2014 and is based in London, England.

PhytlSigns

Venture Round in 2021
PhytlSigns is a pioneering plant signal technology system from Vivent which provides early warnings of a wide range of crop stressors.

Monarch Tractor

Series B in 2021
Monarch Tractor creates fully electric, autonomous tractors designed to enhance agriculture productivity, sustainability, and safety. Monarch tractors are fully electric, which reduces reliance on fossil fuels and decreases greenhouse gas emissions, helping farmers lower their carbon footprint and achieve sustainability goals. These tractors operate autonomously, utilizing advanced sensors and machine learning to navigate fields, monitor crop health, and perform tasks without human intervention, enabling precision farming. Equipped with sensors that collect data on crop health, soil conditions, and other variables, Monarch tractors analyze this data to provide farmers with actionable insights for optimizing their farming practices.

Smallhold

Series A in 2021
Smallhold is a farming technology company that provides automated, modular remotely-managed, and subscription-based growing systems. With Smallhold's controlled-environment growing systems, food industry professionals can generate consistent and reliable local produce tailored to their individual business or menu needs independent of climatic changes or outside market pressures.

Calyxia

Series A in 2021
Calyxia design and produce microcapsules. Their microcapsules are size controlled from one micron to 50 microns. They completely protect an active ingredient from all damaging processes, and, they release the ingredient at just the right time and place for performance. The result is environmentally cleaner, higher performing formulation chemistry.

Stockeld Dreamery

Series A in 2021
We set off with a first vision: to create a cheese that is superior in taste and nutrition, constantly striving to use our planet’s resources wisely, accessible to all yet one of the top preferred cheeses by chefs and restaurants. Simply put, the world’s most ambitious cheese.

v2food

Series B in 2021
V2food is a plant-based meat startup that produces legume-based meat alternatives. The company v2 product is a delicious, nutritious alternative for anyone who loves the taste of meat but doesn’t want to get it from animals. It is a safe space to connect with like-minded people and create positive relationships with food that will help them feed the planet in a sustainable way. V2food was founded by Nick Hazell in 2019 and is based in Sydney, New South Wales, Australia.

ProducePay

Series C in 2021
Founded by Pablo Borquez Schwarzbeck, a fourth-generation farmer, ProducePay is eliminating the economic and food waste caused by the volatile, opaque, and fragmented nature of today’s global fresh produce supply chain. The AgTech company’s Predictable Commerce Platform is giving growers and buyers greater control of their business by providing unprecedented access to each other, capital, trading, insights and greater supply chain visibility. Consumers receive fresher produce more efficiently, knowing it is grown and delivered in responsible ways. This transformational approach is unlocking economic value, and creating a more sustainable global fresh produce industry.

Cervest

Series A in 2021
Cervest's AI-powered Climate Intelligence platform and EarthScan(TM) product put the power of a thousand climate scientists into the hands of decision makers across businesses, governments, insurance companies and financial markets to help them quantify, manage and adapt to climate change at an asset-level. We are a Certified B Corporation with a vision to democratize access to Climate Intelligence through our open access platform, driving a shared responsibility to protect the world’s critical assets. Cervest is backed by mission-aligned investors, including Astanor Ventures, Lowercarbon Capital, Future Positive Capital, Draper Espirit and UNTITLED. Discover how current and future climate events such as flooding, droughts, and extreme temperatures will impact the assets you own, manage, or depend on. Learn more at cervest.earth.

Modern Meadow

Series C in 2021
Modern Meadow is a purpose-driven company positioned at the intersection of material science and biology with a mission to be a catalyst for real-world impact on people and the planet. Modern Meadow’s proprietary Bio-Alloy and Bio-Farm technology application platforms harness the unique properties of tuned proteins to sustainably move the world away from petrochemical and animal-derived inputs without compromising on performance. These innovations can drop into any existing infrastructures for immediate scalable adoption in the materials, beauty, and other industries. Modern Meadow's close relationship with development partners and production facilities allows companies partnering with Modern Meadow to feel confident knowing our products are 100% traceable from Lab-to-Brand.

Current Foods

Seed Round in 2021
Current Foods creates plant-based alternatives for people's seafood favorites, using plants and biotechnology without the environmental and ethical consequences. Current Foods makes plant-based tuna and salmon bites.

MiiMOSA

Venture Round in 2021
MiiMOSA operates a crowd funding platform dedicated to agriculture and food.

Aphea.Bio

Series B in 2020
Aphea.Bio will develop next generation ‘biopesticides’ based on natural microorganisms. These products will provide an alternative for chemical pesticides, which are currently under serious pressure. In addition, the company will develop novel ‘biostimulants’, i.e. microorganisms that stimulate crop growth, for example through promoting the uptake of nutrients from the soil.

Cervest

Convertible Note in 2020
Cervest's AI-powered Climate Intelligence platform and EarthScan(TM) product put the power of a thousand climate scientists into the hands of decision makers across businesses, governments, insurance companies and financial markets to help them quantify, manage and adapt to climate change at an asset-level. We are a Certified B Corporation with a vision to democratize access to Climate Intelligence through our open access platform, driving a shared responsibility to protect the world’s critical assets. Cervest is backed by mission-aligned investors, including Astanor Ventures, Lowercarbon Capital, Future Positive Capital, Draper Espirit and UNTITLED. Discover how current and future climate events such as flooding, droughts, and extreme temperatures will impact the assets you own, manage, or depend on. Learn more at cervest.earth.

Apeel Sciences

Venture Round in 2020
Apeel Sciences produces products including avocados, apples, mangos, cucumbers, and citrus protected by plants. They support the plant’s natural ability to protect against environmental stress by maintaining moisture and reducing oxidation.

Vivent

Series A in 2020
Vivent provides growers, breeders and agrochem companies with actionable information direct from plants themselves. We help clients see how and when plants respond to changing conditions and we provide early warning (days before visual symptoms) of abiotic and biotic stressors. With better information on plant responses, growers optimise conditions and have increased yields and fruit quality. Early warning enables more effective and environmentally preferable crop protection. Plant scientists accelerate agrochem product development and improve use recommendations. Breeders can identify beneficial traits in real-time.

Ynsect

Series C in 2020
Ynsect provides products and services that operate in the agro-food and environmental biotech industries. It uses the potential of insect nutrients and behaviors to develop novel products and services in collaboration with their clients. Since 2011, Ÿnsect has been transforming farmed insects into premium animal nutrition. They develop innovations to farm insects at a large scale and automate processes to turn insects into the highest quality raw materials for animal feed. Its unique know-how makes Ÿnsect a preferred partner among agri-food professionals, laboratories, investors, public institutions, and insect industry farmers.

MiiMOSA

Series B in 2020
MiiMOSA operates a crowd funding platform dedicated to agriculture and food.

Infarm

Series C in 2020
Infarm builds and distributes efficient vertical farms throughout cities. Infarm combines efficient vertical farms with IoT technologies and Machine Learning, to offer an alternative food system that is resilient, transparent, and affordable. The company distributes its smart modular farms throughout the urban environment to grow fresh produce for the city’s inhabitants. It was founded in 2013 and headquartered in Berlin, Germany.

Current Foods

Seed Round in 2020
Current Foods creates plant-based alternatives for people's seafood favorites, using plants and biotechnology without the environmental and ethical consequences. Current Foods makes plant-based tuna and salmon bites.

MagGrow

Series A in 2020
MagGrow produces innovative patented technology called MagGrow into the agricultural industry. The MagGrow system is a patented, proprietary technology for droplet formation that yields superior spray drift-reduction and spray coverage performance. MagGrow customers are seeing two core benefits of up to 70% drift reduction and typical coverage of at least 20-40%. The MagGrow technology delivers significant savings in pesticide usage, scarce resources such as water and labor, extends spray windows and meets environmental and legislative requirements. . The agricultural spray technology​ operates across three global footprints, the USA, Canada, and Europe.

Hyris

Series A in 2020
Hyris offers its partners and clients a disruptive platform that enables genetic testing of biological samples in any setting, at any time, with real time access to results on its dedicated cloud based software platform.

Stockeld Dreamery

Seed Round in 2020
We set off with a first vision: to create a cheese that is superior in taste and nutrition, constantly striving to use our planet’s resources wisely, accessible to all yet one of the top preferred cheeses by chefs and restaurants. Simply put, the world’s most ambitious cheese.

Notpla

Seed Round in 2020
Notpla is a sustainable packaging start-up that develops a material derived from seaweed and plants. The company's products include a coating for takeaway boxes, film, paper made from seaweed pulp, and a rigid plastic alternative, also made from seaweed. Notpla was founded in 2014 and is based in London, England.

Cervest

Seed Round in 2019
Cervest's AI-powered Climate Intelligence platform and EarthScan(TM) product put the power of a thousand climate scientists into the hands of decision makers across businesses, governments, insurance companies and financial markets to help them quantify, manage and adapt to climate change at an asset-level. We are a Certified B Corporation with a vision to democratize access to Climate Intelligence through our open access platform, driving a shared responsibility to protect the world’s critical assets. Cervest is backed by mission-aligned investors, including Astanor Ventures, Lowercarbon Capital, Future Positive Capital, Draper Espirit and UNTITLED. Discover how current and future climate events such as flooding, droughts, and extreme temperatures will impact the assets you own, manage, or depend on. Learn more at cervest.earth.

Infarm

Series B in 2019
Infarm builds and distributes efficient vertical farms throughout cities. Infarm combines efficient vertical farms with IoT technologies and Machine Learning, to offer an alternative food system that is resilient, transparent, and affordable. The company distributes its smart modular farms throughout the urban environment to grow fresh produce for the city’s inhabitants. It was founded in 2013 and headquartered in Berlin, Germany.

Artemis

Series A in 2019
Artemis operates an intelligence platform for indoor farms. It specializes in indoor farming software solutions. Artemis help indoor farm operators use data to make more profitable production decisions. It tracks and analyzes all farm data in one place, enabling growers to optimize plant performance and reduce operating expenses. Allison Kopf and Jason Camp founded Agrilyst in 2015 that later became Artemis. It has its headquarters in Brooklyn in New York City.

Garten

Series A in 2019
Garten is a health food company that delivers food directly to a company’s doors. Offering healthy office snacks including vegan, gluten-free, organic, and non-GMO options, the company aims to empower the workplace and lead people to make healthier, smarter choices across nutrition, exercise, rest, detox, and overall wellbeing. Ohmygreen offers a one-stop shopping experience that incorporates budget management, office stocking, and food delivery. There are three services to choose from when signing up: Zen, Bliss, or Nirvana. Each of these services is data-driven and food-focused while every service is customized to meet the needs of the client. The company's mission is to empower people to live healthy and blissful lives. Founder Michael Heinrich was inspired in his youth in Berlin, Germany where his Grandmother cultivated an organic garden and served hearty home-cooked meals. As a medical doctor, she would emphasize that if you want to stay healthy eat directly from the garden. Michael took this to heart and started Oh My Green.

Ynsect

Series C in 2019
Ynsect provides products and services that operate in the agro-food and environmental biotech industries. It uses the potential of insect nutrients and behaviors to develop novel products and services in collaboration with their clients. Since 2011, Ÿnsect has been transforming farmed insects into premium animal nutrition. They develop innovations to farm insects at a large scale and automate processes to turn insects into the highest quality raw materials for animal feed. Its unique know-how makes Ÿnsect a preferred partner among agri-food professionals, laboratories, investors, public institutions, and insect industry farmers.

La Ruche qui dit Oui

Series B in 2018
La Ruche qui dit Oui is an e-commerce platform where users group themselves to buy directly from their local farmers. “Online food co-op La Ruche Qui Dit Oui! combines an internet speciality – cutting out the middleman in the supply chain connecting consumers with producers – with grass-roots social networking. The yes-saying beehive of the name represents the consumers who club together to source a food order: when the required size is met, the order is triggered and the consumers receive their goods. With 467 hives across France it's generating a, er, buzz.”
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