Astanor Ventures II

Astanor Ventures is a venture capital firm dedicated to supporting entrepreneurs who are innovating in the food, marine, and agriculture sectors. The firm focuses on technology-driven companies that aim to transform the agri-food value chain, utilizing disruptive technologies to foster a future of food that is nourishing, regenerative, and sustainable. Astanor Ventures combines its capital with extensive sector expertise and a robust network that includes entrepreneurs, impact investors, technologists, scientists, farmers, chefs, policymakers, and food enthusiasts. This collaborative approach is designed to cultivate a food system that is not only trusted and scalable but also emphasizes quality and environmental responsibility.

George Coehlo

Co-Founder and Partner

George Coelho

Partner

Arnout Dijkhuizen

Principal

Arne Hautekiet

Analyst

Leslie Kapin-Royere

Principal

Past deals in Food Processing

Plantible

Series B in 2024
Plantible Foods, Inc. is a company that focuses on developing and producing sustainable plant-based protein. Founded in 2016 and headquartered in Bay Harbor Islands, Florida, the company extracts flavors from lemna and utilizes aquatic plants to create its products. Plantible operates a proprietary agricultural manufacturing platform designed to help food companies innovate while minimizing costs. Its plant-based protein is all-natural, organic, and free of major allergens, exhibiting functional characteristics similar to those of egg whites, whey protein, or casein. This allows clients to enhance the quality of their products while benefiting from a more sustainable and cost-effective protein source, ultimately contributing to the optimization of the food industry.

Digestiva

Series A in 2024
Digestiva specializes in enhancing the nutritional, sensory, and physiological properties of food and feed proteins using targeted biocatalysts.

Umiami

Series A in 2023
Founded in Paris in 2020, Umiami is a French food-tech company dedicated to developing plant-based food technology. It specializes in creating whole-cut alternatives that replicate the taste, texture, and smell of meat, aiming to reduce global meat consumption.

Ynsect

Series D in 2023
Founded in 2011, Ynsect is a biotech company specializing in insect farming and processing. It produces feed for fish and poultry using insects as a sustainable protein source. The company also develops products for non-food applications such as organic fertilizers and bioenergy.

MicroHarvest

Series A in 2022
MicroHarvest is a German startup developing sustainable protein production through microbial fermentation. Its scalable technology converts microorganisms into nutritional biomass, aiming to improve food accessibility and resilience.

Current Foods

Seed Round in 2022
Current Foods specializes in creating plant-based alternatives for popular seafood items. Utilizing plants and biotechnology, they aim to replicate the taste and texture of tuna and salmon without environmental or ethical concerns.

Planetary

Seed Round in 2022
Planetary is a global infrastructure platform that designs, builds, and operates upstream, downstream, and formulations capacity and related intellectual property for biomass and precision fermentation. The company enables scalable production of biotech-enabled alternatives to animal-derived foods and other bio-based materials by integrating proprietary fermentation technology with AI-driven optimization. Serving bioprocessing, engineering, product formulation, and food markets, Planetary supports sustainable biomanufacturing at scale by reducing environmental impact through lower greenhouse gas emissions, less land and water use, and efficient conversion of raw materials into high-protein, fiber-rich biomass.

Umiami

Series A in 2022
Founded in Paris in 2020, Umiami is a French food-tech company dedicated to developing plant-based food technology. It specializes in creating whole-cut alternatives that replicate the taste, texture, and smell of meat, aiming to reduce global meat consumption.

Umiami

Series A in 2022
Founded in Paris in 2020, Umiami is a French food-tech company dedicated to developing plant-based food technology. It specializes in creating whole-cut alternatives that replicate the taste, texture, and smell of meat, aiming to reduce global meat consumption.

MeliBio

Seed Round in 2022
MeliBio, Inc. is a technology-driven company based in Oakland, California, founded in 2020 by Aaron M. Schaller, PhD, and Darko Mandich. The company specializes in producing vegan nectar products that serve as a molecularly identical alternative to traditional honey. By employing advancements in plant biology, precision fermentation, and synthetic biology, MeliBio creates honey without the involvement of bees, aiming to mitigate the negative impact of commercial bee farming on biodiversity. In 2023, MeliBio launched its consumer-facing brand, Mellody, further expanding its market presence. Recognized by TIME as one of the Best Inventions of 2021, MeliBio is committed to providing sustainable and innovative solutions in the food industry.

Stockeld Dreamery

Series A in 2021
Stockeld Dreamery is a producer of vegan food products focused on creating high-quality, nutritious alternatives to traditional cheese. By utilizing legumes, the company develops cheese that mimics the taste and melting properties of conventional cheese, making it appealing to both consumers and culinary professionals. Stockeld Dreamery aims to provide a sustainable and accessible source of protein, prioritizing the efficient use of the planet's resources while striving to be recognized as one of the top choices for chefs and restaurants. The company's commitment to flavor and nutrition positions it as a leader in the plant-based food market.

Current Foods

Seed Round in 2021
Current Foods specializes in creating plant-based alternatives for popular seafood items. Utilizing plants and biotechnology, they aim to replicate the taste and texture of tuna and salmon without environmental or ethical concerns.

Apeel Sciences

Venture Round in 2020
Apeel Sciences, based in California, addresses the global food waste crisis by developing plant-derived solutions that extend the shelf life of fresh produce. Founded in 2012, the company creates pre-and post-harvest products using natural plant extracts, such as Edipeel and Invisipeel, which protect fruits and vegetables from environmental factors and pre-harvest issues. These innovations effectively double the lifespan of harvested crops without refrigeration, helping to reduce spoilage and conserve resources like water and energy. By leveraging materials found in the skins, peels, and seeds of fruits and vegetables, Apeel aims to minimize food waste and promote sustainability throughout the supply chain. The company's efforts are supported by a range of private investors and philanthropic organizations.

Ynsect

Series C in 2020
Founded in 2011, Ynsect is a biotech company specializing in insect farming and processing. It produces feed for fish and poultry using insects as a sustainable protein source. The company also develops products for non-food applications such as organic fertilizers and bioenergy.

Current Foods

Seed Round in 2020
Current Foods specializes in creating plant-based alternatives for popular seafood items. Utilizing plants and biotechnology, they aim to replicate the taste and texture of tuna and salmon without environmental or ethical concerns.

Stockeld Dreamery

Seed Round in 2020
Stockeld Dreamery is a producer of vegan food products focused on creating high-quality, nutritious alternatives to traditional cheese. By utilizing legumes, the company develops cheese that mimics the taste and melting properties of conventional cheese, making it appealing to both consumers and culinary professionals. Stockeld Dreamery aims to provide a sustainable and accessible source of protein, prioritizing the efficient use of the planet's resources while striving to be recognized as one of the top choices for chefs and restaurants. The company's commitment to flavor and nutrition positions it as a leader in the plant-based food market.

Ynsect

Series C in 2019
Founded in 2011, Ynsect is a biotech company specializing in insect farming and processing. It produces feed for fish and poultry using insects as a sustainable protein source. The company also develops products for non-food applications such as organic fertilizers and bioenergy.
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