Food-X
Food-X is a leading food innovation accelerator based in New York, recognized for its role in supporting food entrepreneurs in rapidly bringing their products and services to market. Established in 2014, Food-X partners with early-stage companies across the food supply chain, including sectors such as food technology, health, and consumer packaged goods. The accelerator focuses its investments primarily in the United States, providing funding of up to $50,000 per team for a 7 to 10 percent equity stake. Food-X typically supports 10 to 12 companies in each three-and-a-half-month program, leveraging its affiliation with SOSV, a global venture capital fund with extensive experience in various industries. Its commitment to fostering innovation in food-related ventures has earned it recognition as one of the most innovative companies in the sector.
Past deals in Food Processing
Rambuhealth
Seed Round in 2020
Rambuhealth is a company that specializes in producing a natural antioxidant ingredient derived from the exotic rambutan fruit. This ingredient is utilized in beverages aimed at preventing diseases such as cancer, diabetes, and hypertension. By focusing on environmentally friendly methods, Rambuhealth offers a functional product that not only supports disease prevention but also enhances health, welfare, and overall quality of life at an affordable price. In addition to its preventive properties, the antioxidant ingredient also aids in regulating blood sugar levels, provides energy, and supports muscle recovery after exercise, making it a versatile addition to health-conscious consumers' diets.
Nature Preserve
Seed Round in 2020
Nature Preserve provides a subscription-based Life Cycle Assessment (LCA) platform designed for food distributors and processors. This platform enables users to track and minimize the emissions of food products, contributing to improved efficiency in food supply chains.
Milk Moovement
Pre Seed Round in 2020
Founded in 2018, Milk Moovement is a Canadian software company specializing in dairy supply chain management. It offers a cloud-based platform that tracks milk pick-ups, monitors production, and provides actionable intelligence to optimize processes and maximize profitability.
Planetarians
Convertible Note in 2019
Planetarians is a US-based Climate/FoodTech company developing affordable, healthy plant-based proteins through ingredient innovation. It focuses on an ingredient technology system that upcycles food by-products and solid waste into high-protein fiber ingredients, enabling the creation of alternative meat products and carbon-negative meat substitutes. Its processes repurpose spent soybeans from oil extraction and spent yeast from beer fermentation to produce natural protein and fiber that can fortify a range of foods. The company positions its technology to advance sustainable protein production and reduce waste while expanding plant-based options.
Simply Good Jars
Seed Round in 2019
Simply Good Jars is a certified B-Corporation dedicated to promoting sustainability through its meal delivery service. The company operates smart refrigerated kiosks in offices, transit centers, universities, and healthcare facilities, offering chef-prepared, ready-to-eat meals packaged in reusable jars. These jars are designed to minimize waste, with a high return rate ensuring minimal environmental impact. For every jar returned, Simply Good Jars contributes to feeding someone in need, aligning its business model with social responsibility.
Sweetie Pie Organics
Seed Round in 2019
Sweetie Pie Organics is a brand that makes organic snacks for toddlers and nutritional products for pregnant and new mothers. Toddler snacks use organic produce grown on U.S. farms, are freeze-dried to preserve natural taste, and are packed in recyclable packaging. They contain no added ingredients and are 100% fruits and vegetables, melting in the mouth for easy consumption. The portfolio for mothers includes organic and gluten-free smoothies and snacks designed to support health during pregnancy and breastfeeding, featuring natural galactagogues like fenugreek to help lactation and alleviate morning nausea, while delivering essential nutrients.
Lecker Labs
Angel Round in 2017
Lecker Labs Ltd. is a New York-based company founded in 2016 that specializes in designing and manufacturing soluble pod-based electronic devices for yogurt production. The company's flagship product, Yomee, is a fully automatic yogurt maker that allows users to create personalized yogurt conveniently in their homes, similar to the functionality of a coffee pod machine. Through innovative technology, Lecker Labs aims to enhance the home yogurt-making experience by offering a simple and efficient solution for consumers seeking customization in their dairy products.
Fruitcubed
Pre Seed Round in 2017
FruitCubed is a food company based in Cork, Ireland, founded in 2015, that addresses the issue of food waste by transforming surplus and overripe fruits and vegetables into nutritious products. The company specializes in producing fruit-based flavored stock cubes, which are designed to provide individuals with the health benefits associated with fruits and vegetables. These stock cubes can be refrigerated and consumed for both nutritional and refreshing purposes, making them a practical option for enhancing meals while contributing to sustainability efforts. By utilizing ingredients that would otherwise go to waste, FruitCubed not only promotes healthier eating but also helps reduce food waste in the process.
Fruitcubed
Convertible Note in 2017
FruitCubed is a food company based in Cork, Ireland, founded in 2015, that addresses the issue of food waste by transforming surplus and overripe fruits and vegetables into nutritious products. The company specializes in producing fruit-based flavored stock cubes, which are designed to provide individuals with the health benefits associated with fruits and vegetables. These stock cubes can be refrigerated and consumed for both nutritional and refreshing purposes, making them a practical option for enhancing meals while contributing to sustainability efforts. By utilizing ingredients that would otherwise go to waste, FruitCubed not only promotes healthier eating but also helps reduce food waste in the process.
Molli Sauces
Seed Round in 2016
They created Molli so people can enjoy the incredible flavors of the different regions of Mexico without spending hours in the kitchen. Each of their seven cooking sauces and marinades is inspired on a traditional recipe from a specific region in Mexico.
They honor the recipes that have been passed down by generations, use a unique blend of ingredients, and they follow the artisanal cooking techniques so people can enjoy the incredible flavors of the different regions of Mexico in their own kitchens.
Molli cooking sauces and marinades are true Mexican flavors.
Nextdoorganics
Seed Round in 2014
Nextdoorganics, Inc. is a Brooklyn-based company founded in 2011 that focuses on distributing food from urban farmers and food makers to grocery stores. The company emphasizes sourcing from new, young, urban, and activist farmers, offering a diverse selection of local organic vegetables, fruits, meats, dry goods, and small-batch items. Nextdoorganics provides weekly pick-up or delivery orders for its members in Brooklyn and Manhattan, with main packages ranging from $20 to $50. Customers have the flexibility to hold or change their orders online, and the company enhances the shopping experience by offering inspiration through a weekly newsletter, recipe boards on Pinterest, and engagement on social media platforms.
Local Food Lab
Seed Round in 2014
Local Food Lab, Inc. is a venture builder and startup academy based in Stanford, California, founded in 2012. The company specializes in providing online classes that focus on business plan development and investor pitch preparation specifically for food and agricultural startups. Additionally, Local Food Lab offers a one-day boot camp program designed for food entrepreneurs, catering to a diverse range of clients including artisan food makers, urban agriculturists, food tech innovators, food photographers, food truck operators, farmers, restaurateurs, food bloggers, package designers, and recipe box creators. The company's mission is to foster a healthier, more equitable, and resilient food system through education and community support for aspiring food entrepreneurs.
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