Barrel Ventures is a seed-stage venture capital firm headquartered in Chicago, Illinois. The firm focuses on making minority investments in early-stage companies, primarily within the food sector. With a deep understanding of evolving consumer behavior, Barrel Ventures utilizes its extensive experience in operating, scaling, and investing in businesses to support early-stage entrepreneurs in advancing their innovative ideas.
Celleste Bio is a company focused on producing high-quality cocoa ingredients through advanced cell culture techniques. By utilizing naturally occurring cocoa cells, Celleste eliminates the need for traditional cocoa tree cultivation, offering a sustainable alternative for businesses seeking environmentally friendly food ingredients. The company's methods avoid genetic modification and manipulation, ensuring that their products meet high standards of quality and sustainability. This innovative approach not only addresses the challenges of cocoa farming but also provides a reliable source of valuable cocoa components for various applications in the food industry.
Helaina
Series B in 2024
Helaina is a biotechnology company focused on producing milk-equivalent baby formula that serves as an alternative to breast milk. By utilizing fermentation, Helaina generates bioactive proteins that closely mimic the functional proteins found in human milk, creating a new category of functional food products. These products are designed to provide nutritional options and immune benefits similar to those of breast milk, offering infants a viable alternative that incorporates the immune-nourishing properties of natural breast milk. Helaina's innovative approach aims to enhance infant nutrition and support healthy development.
Great Wrap
Venture Round in 2024
Great Wrap is a manufacturer of compostable cling wrap that utilizes potato waste to create an eco-friendly alternative to conventional plastic. The company's stretch wrap performs comparably to traditional plastic but is designed to break down in under 180 days, contributing organic matter to compost piles without leaving any microplastics. Great Wrap's products cater to both home and industrial users, providing biodegradable packaging solutions that promote sustainability and reduce environmental impact.
Celleste Bio
Seed Round in 2022
Celleste Bio is a company focused on producing high-quality cocoa ingredients through advanced cell culture techniques. By utilizing naturally occurring cocoa cells, Celleste eliminates the need for traditional cocoa tree cultivation, offering a sustainable alternative for businesses seeking environmentally friendly food ingredients. The company's methods avoid genetic modification and manipulation, ensuring that their products meet high standards of quality and sustainability. This innovative approach not only addresses the challenges of cocoa farming but also provides a reliable source of valuable cocoa components for various applications in the food industry.
Partake Brewing
Series B in 2022
Partake Brewing, founded in 2017 and based in Calgary, Canada, specializes in producing and selling non-alcoholic crafted beer. The company focuses on delivering a range of flavorful beer styles designed for individuals who either cannot or choose not to consume alcohol, catering to a growing lifestyle choice. Partake Brewing's products are available through retail outlets and an online platform, allowing consumers to enjoy the social aspects of beer without the effects of alcohol. By emphasizing flavor and inclusivity, the brand aims to provide an enjoyable alternative for those seeking a non-alcoholic option in social settings.
Helaina
Series A in 2021
Helaina is a biotechnology company focused on producing milk-equivalent baby formula that serves as an alternative to breast milk. By utilizing fermentation, Helaina generates bioactive proteins that closely mimic the functional proteins found in human milk, creating a new category of functional food products. These products are designed to provide nutritional options and immune benefits similar to those of breast milk, offering infants a viable alternative that incorporates the immune-nourishing properties of natural breast milk. Helaina's innovative approach aims to enhance infant nutrition and support healthy development.
ChannelApe
Series A in 2021
ChannelApe, Inc. is a software company that specializes in supply chain and e-commerce management solutions. Founded in 2016 and based in Scranton, Pennsylvania, ChannelApe offers an enterprise fulfillment platform that automates back-end processes for direct-to-consumer brands. Its software includes features such as third-party logistics reporting, data modeling, and distributed order management, as well as integrations for major e-commerce platforms like Amazon, BigCommerce, and Shopify. By providing real-time inventory management, label event tracking, and ship-from-store capabilities, ChannelApe enables businesses to streamline their operations, saving time and resources while allowing them to focus on growth.
Gainful
Series A in 2021
Gainful is a personalized sports nutrition company that specializes in providing subscription services for its hydration line of electrolyte drink mixes. Additionally, it produces protein bars and powder supplements designed to meet the nutritional needs of athletes. Gainful's product offerings include plant-based, gluten-free, soy-free, and naturally flavored organic supplements, which aim to help consumers achieve their fitness goals and desired body types.
Kea
Series A in 2020
Kea LLC is a company based in the United States that specializes in automated ordering software for restaurants. Its primary product, kea Voice, leverages voice artificial intelligence to efficiently handle phone orders, allowing restaurants to manage an unlimited number of inbound calls without the need for rollover lines or long wait times. This technology empowers restaurants to streamline their operations, reallocate labor resources, and focus on food preparation rather than order management. Since its establishment in 2018, kea has rapidly grown and aims to transform the way restaurants interact with customers, ultimately enhancing their operational efficiency and customer relationships. The company has transitioned to a fully remote working environment, further adapting to modern business practices.
Partake Brewing
Series A in 2020
Partake Brewing, founded in 2017 and based in Calgary, Canada, specializes in producing and selling non-alcoholic crafted beer. The company focuses on delivering a range of flavorful beer styles designed for individuals who either cannot or choose not to consume alcohol, catering to a growing lifestyle choice. Partake Brewing's products are available through retail outlets and an online platform, allowing consumers to enjoy the social aspects of beer without the effects of alcohol. By emphasizing flavor and inclusivity, the brand aims to provide an enjoyable alternative for those seeking a non-alcoholic option in social settings.
Olipop
Series A in 2020
Olipop, Inc. is a beverage company based in Oakland, California, that specializes in producing sparkling tonics aimed at promoting digestive health. Founded in 2017, Olipop offers a range of flavors, including strawberry, vanilla, cinnamon, cola, and lemon, utilizing natural fibers, prebiotics, and botanical extracts. These beverages are designed to support the microbiome, enhance digestive function, and improve metabolic health, catering to consumer preferences for both taste and health benefits. Olipop positions itself as an affordable alternative to traditional soda, focusing on delivering clinically backed products that align with contemporary health trends.
Olipop
Seed Round in 2019
Olipop, Inc. is a beverage company based in Oakland, California, that specializes in producing sparkling tonics aimed at promoting digestive health. Founded in 2017, Olipop offers a range of flavors, including strawberry, vanilla, cinnamon, cola, and lemon, utilizing natural fibers, prebiotics, and botanical extracts. These beverages are designed to support the microbiome, enhance digestive function, and improve metabolic health, catering to consumer preferences for both taste and health benefits. Olipop positions itself as an affordable alternative to traditional soda, focusing on delivering clinically backed products that align with contemporary health trends.
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