Bits x Bites

Bits x Bites is a venture capital firm founded in 2015 and based in Shanghai, China. The firm specializes in investing in early-stage startups that address challenges within the global food system. It focuses on companies innovating across various segments of the food supply chain, including agriculture, production, distribution, logistics, consumer goods, and food services. By concentrating on the Chinese market, Bits x Bites aims to support the development of technologies that enhance the efficiency and sustainability of food systems.

Matilda Ho

Founder and Managing Director

Cathy Jin

Principal

Qi Li

Investor

Dee Zheng

Principal

Hengda Zhou

Managing Partner

Joseph Zhou

Managing Partner

Xiaoming(Aaron) Qiu

Analyst

23 past transactions

MoA Technology

Series B in 2022
MoA Technology Ltd. is a plant genetics company based in Leeds, United Kingdom, that specializes in developing sustainable agricultural technologies. Founded in 2017 as a spin-out from the University of Oxford, the company focuses on discovering new herbicide chemistries with innovative modes of action derived from both natural and synthetic sources. By utilizing a proprietary in vivo plant-based genomic process, MoA Technology identifies specific target proteins linked to these new modes of action, thus providing farmers with a diverse range of effective weed control solutions. The company's approach aims to enhance food production while promoting sustainable crop systems.

Next Gen Foods

Series A in 2022
Next Gen Foods is a food-tech startup that offers plant-based meats products. We use plants to create a delicious and satisfying meat experience that will make you forget animal meat even exists.

Believer Meats

Series B in 2021
Believer Meats, formerly known as Future Meat Technologies, is a Jerusalem-based biotechnology company dedicated to revolutionizing meat production through innovative cellular agriculture. Founded in 2018, the company specializes in distributive manufacturing technology that enables the production of cultured meat from fat and muscle cells without the need to raise or harvest animals. By focusing on animal-free meat production, Believer Meats aims to enhance food safety and mitigate the ecological impact associated with traditional meat farming. The company's advanced technology has been developed by a team of award-winning biologists and bioengineers, and it is further refined through collaboration with renowned chefs from Jerusalem's culinary scene.

Next Gen Foods

Seed Round in 2021
Next Gen Foods is a food-tech startup that offers plant-based meats products. We use plants to create a delicious and satisfying meat experience that will make you forget animal meat even exists.

EAVISION

Series C in 2021
EAVISION is a smart hardware company that specializes in the development and manufacturing of autonomous drones for agricultural applications. Their products incorporate advanced technologies such as artificial intelligence, autonomous driving, and machine vision, allowing for fully automated processes in plant protection, including pesticide spraying and fertilization. In addition to agricultural drones, EAVISION also offers binocular visual perception systems, AI-driven autonomous control solutions, intelligent machinery, software, and a commercial corn emasculation testing system. Through these innovations, EAVISION aims to enhance the efficiency and safety of agricultural operations. The company is also associated with a venture capital fund, focusing on investments in China.

MoA Technology

Series A in 2021
MoA Technology Ltd. is a plant genetics company based in Leeds, United Kingdom, that specializes in developing sustainable agricultural technologies. Founded in 2017 as a spin-out from the University of Oxford, the company focuses on discovering new herbicide chemistries with innovative modes of action derived from both natural and synthetic sources. By utilizing a proprietary in vivo plant-based genomic process, MoA Technology identifies specific target proteins linked to these new modes of action, thus providing farmers with a diverse range of effective weed control solutions. The company's approach aims to enhance food production while promoting sustainable crop systems.

Believer Meats

Convertible Note in 2021
Believer Meats, formerly known as Future Meat Technologies, is a Jerusalem-based biotechnology company dedicated to revolutionizing meat production through innovative cellular agriculture. Founded in 2018, the company specializes in distributive manufacturing technology that enables the production of cultured meat from fat and muscle cells without the need to raise or harvest animals. By focusing on animal-free meat production, Believer Meats aims to enhance food safety and mitigate the ecological impact associated with traditional meat farming. The company's advanced technology has been developed by a team of award-winning biologists and bioengineers, and it is further refined through collaboration with renowned chefs from Jerusalem's culinary scene.

Alchemy FoodTech

Venture Round in 2020
Alchemy Foodtech is a food science and technology company that develops novel active food ingredients that fights diabetes. The company believes the ideal healthcare system to diabetes is one that doesn't let you get it in the first place. By combining disruptive food, bio and medical technologies into everyday food, Alchemy Foodtech provides diabetics with far better disease management and also the general public with diabetes prevention.

Tropic Biosciences

Series B in 2020
Tropic Biosciences UK LTD is a biotechnology company focused on developing high-performing commercial varieties of tropical crops, specifically targeting the coffee and banana industries. Established in 2016 and headquartered in Norwich, United Kingdom, the company employs advanced non-GMO gene editing technologies to enhance crop performance while promoting grower wellbeing and consumer health. Through its innovative approach, Tropic Biosciences aims to improve sustainable agricultural practices and address the challenges faced by tropical crop producers.

Believer Meats

Series A in 2019
Believer Meats, formerly known as Future Meat Technologies, is a Jerusalem-based biotechnology company dedicated to revolutionizing meat production through innovative cellular agriculture. Founded in 2018, the company specializes in distributive manufacturing technology that enables the production of cultured meat from fat and muscle cells without the need to raise or harvest animals. By focusing on animal-free meat production, Believer Meats aims to enhance food safety and mitigate the ecological impact associated with traditional meat farming. The company's advanced technology has been developed by a team of award-winning biologists and bioengineers, and it is further refined through collaboration with renowned chefs from Jerusalem's culinary scene.

Wild Earth

Series A in 2019
Wild Earth is a technology startup based in Berkeley, California, founded in 2017. The company focuses on developing high-protein pet foods that prioritize health, environmental sustainability, and humane sourcing compared to traditional pet food products. By leveraging scientific advancements, Wild Earth aims to reinvent pet nutrition and create cleaner, more nutritious options for pet owners and their animals.

Alchemy FoodTech

Seed Round in 2019
Alchemy Foodtech is a food science and technology company that develops novel active food ingredients that fights diabetes. The company believes the ideal healthcare system to diabetes is one that doesn't let you get it in the first place. By combining disruptive food, bio and medical technologies into everyday food, Alchemy Foodtech provides diabetics with far better disease management and also the general public with diabetes prevention.

InnovoPro

Series A in 2018
InnovoPro is committed to bringing unique plant-based protein ingredients to the global food market in order to create nutritious, tasty, safe, and sustainable food products. With an excellent nutritional profile, free from properties and wide usability in the food industry, InnovoPro’s chickpea protein is the best choice for the growing plant-based protein market. InnovoPro was founded on 2013 by Dr. Ascher Shmulewitz an experienced inventor and investor, and has made considerable progress in developing chickpea proteins and other chickpea ingredients. InnovoPro has been recognized as an innovator of disruptive technology in the food industry.

Gastrograph

Series A in 2018
Gastrograph, developed by Analytical Flavor Systems, Inc., is an artificial intelligence platform designed for the food and beverage industry. Founded in 2010 and based in New York, the platform enables companies to gather real-time flavor data, detect and predict production flaws, and assess market fit. By moving beyond traditional tasting panels, Gastrograph employs a predictive flavor profile engine to evaluate how new products are likely to perform across various markets and demographic segments. This capability is particularly valuable in an industry characterized by high failure rates, as it helps food companies adapt to rapidly changing consumer preferences and optimize their product development processes. Through its innovative approach, Gastrograph supports packaged food companies in navigating the complexities of the modern marketplace.

Alchemy FoodTech

Seed Round in 2018
Alchemy Foodtech is a food science and technology company that develops novel active food ingredients that fights diabetes. The company believes the ideal healthcare system to diabetes is one that doesn't let you get it in the first place. By combining disruptive food, bio and medical technologies into everyday food, Alchemy Foodtech provides diabetics with far better disease management and also the general public with diabetes prevention.

Tropic Biosciences

Series A in 2018
Tropic Biosciences UK LTD is a biotechnology company focused on developing high-performing commercial varieties of tropical crops, specifically targeting the coffee and banana industries. Established in 2016 and headquartered in Norwich, United Kingdom, the company employs advanced non-GMO gene editing technologies to enhance crop performance while promoting grower wellbeing and consumer health. Through its innovative approach, Tropic Biosciences aims to improve sustainable agricultural practices and address the challenges faced by tropical crop producers.

Believer Meats

Seed Round in 2018
Believer Meats, formerly known as Future Meat Technologies, is a Jerusalem-based biotechnology company dedicated to revolutionizing meat production through innovative cellular agriculture. Founded in 2018, the company specializes in distributive manufacturing technology that enables the production of cultured meat from fat and muscle cells without the need to raise or harvest animals. By focusing on animal-free meat production, Believer Meats aims to enhance food safety and mitigate the ecological impact associated with traditional meat farming. The company's advanced technology has been developed by a team of award-winning biologists and bioengineers, and it is further refined through collaboration with renowned chefs from Jerusalem's culinary scene.

Inspecto Solutions

Seed Round in 2017
Inspecto Solutions Ltd develops a nanoscale portable scanner for detecting food contaminants. It also develops an application for farmers, producers, suppliers, buyers, retailers, and quality assurers to get the results. The company’s solution offers bigdata and real time analysis for contaminants on number of parameters and enables blockchain integration and management of suppliers and payments based on quality assurance. Inspecto Solutions Ltd was founded in 2016 and is headquartered in Israel.

321Cooking

Series A in 2017
321Cooking is a prominent meal kit startup in China that specializes in providing fresh ingredients and chef-curated recipes. The company offers a cooking application that assists users in preparing meals at home by delivering detailed information about various dishes. This platform enables individuals to learn and enjoy the cooking process while having access to meal kits that simplify the preparation of diverse recipes. Through its innovative approach, 321Cooking aims to enhance the home cooking experience for its users.
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