Semillero Partners

Semillero Partners is a growth equity firm established in 2016 and located in San Juan, Puerto Rico. The firm specializes in early and emerging growth stage investments, primarily focusing on the food and beverage, food technology, wellness, and sustainability sectors. Semillero Partners aims to foster genuine and trusted partnerships with entrepreneurs, particularly in overlooked and underserved markets worldwide. The firm is dedicated to enhancing sustainable value for all stakeholders involved in its investments.

Jonathan Lassers

Founder and Partner

Pranav Maganti

Senior Investment Associate

Gualberto Rodriguez III

Managing Partner

16 past transactions

MUY

Venture Round in 2024
MUY is a mobile application operating as a chain of cloud restaurants focused on providing quality and affordable homemade food across Latin America. Established in 2018, the company is a leader in the cloud-restaurant sector, with a presence in Colombia, Brazil, and Mexico. MUY utilizes a proprietary technology platform that integrates a network of physical and cloud kitchens, enhancing operational efficiency and customer satisfaction while reducing costs. This innovative approach allows customers to access a diverse range of dishes, making homemade food more accessible to a wider audience.

Jiant

Series A in 2023
Jiant is a beverage company focused on producing kombucha and ready-to-drink (RTD) options that prioritize transparency and sustainability. The company specializes in creating gluten-free and organic drinks that incorporate high-grade green tea, sustainable honey, botanicals, and real fruit. Jiant's product line includes hard tea, hard kombucha, and cocktail-inspired RTDs, all designed to offer low-sugar, clean-ingredient alternatives for consumers. By emphasizing the use of natural flavors and preservatives, Jiant aims to provide enjoyable beverage options that align with modern health and wellness standards.

Afia

Series A in 2023
Afia provides a variety bundle, a vegan bundle, traditional kibbeh, traditional falafel, za'atar falafel, garlic, and herb afia falafel. mediterranean, gluten free, vegan, plant-based, non-GMO, turmeric falafel, sun-dried tomato falafel, and three cheese falafel products.

Scout

Seed Round in 2022
Scout is a company that manufactures and distributes canned seafood, focusing on providing deliciously crafted and responsibly sourced products. They obtain their seafood directly from regional fishing communities and manage fisheries that emphasize the well-being of both workers and the environment. By utilizing centuries-old canning methods combined with a homegrown artisan approach, Scout aims to reduce food waste and protect oceans and waterways. The company caters to specialty shops, including bakeries, seafood markets, and cheese shops, enabling customers to prepare their favorite dishes at home with quality ingredients.

MUY

Venture Round in 2022
MUY is a mobile application operating as a chain of cloud restaurants focused on providing quality and affordable homemade food across Latin America. Established in 2018, the company is a leader in the cloud-restaurant sector, with a presence in Colombia, Brazil, and Mexico. MUY utilizes a proprietary technology platform that integrates a network of physical and cloud kitchens, enhancing operational efficiency and customer satisfaction while reducing costs. This innovative approach allows customers to access a diverse range of dishes, making homemade food more accessible to a wider audience.

Clover Food Lab

Convertible Note in 2022
Clover Food Lab is a fast-food chain based in Cambridge, Massachusetts, founded by Ayr Muir in 2008. It operates through both food trucks and restaurants, offering a menu that changes daily and seasonally to feature locally sourced ingredients from farmers. The company specializes in vegetarian cuisine, including sandwiches, homemade popovers, and other healthy fast-food options, all priced affordably for consumers.

Sanzo

Series A in 2022
Sanzo is a beverage company dedicated to showcasing unique Asian flavors through its product offerings. It specializes in flavored sparkling water, crafted with real fruit and designed to provide a refreshing experience that honors the authenticity of traditional flavors. Sanzo's beverages contain no added sugars, ensuring a clean and natural drinking option for consumers. By focusing on quality and affordability, the company aims to deliver drinks that resonate with those seeking genuine taste experiences while bridging cultural gaps.

Scout

Seed Round in 2021
Scout is a company that manufactures and distributes canned seafood, focusing on providing deliciously crafted and responsibly sourced products. They obtain their seafood directly from regional fishing communities and manage fisheries that emphasize the well-being of both workers and the environment. By utilizing centuries-old canning methods combined with a homegrown artisan approach, Scout aims to reduce food waste and protect oceans and waterways. The company caters to specialty shops, including bakeries, seafood markets, and cheese shops, enabling customers to prepare their favorite dishes at home with quality ingredients.

PRoduce

Seed Round in 2021
PRoduce! is a San Juan, Puerto Rico-based online marketplace established in 2018 that connects local producers with various buyers, including chefs, restaurants, hotels, and consumers. The platform enables users to select, purchase, and receive products that are entirely sourced and harvested in Puerto Rico, facilitating a reduction in imported goods. PRoduce! offers a subscription service for regular delivery of diverse local products, ensuring that customers have access to fresh produce while supporting the local economy. Additionally, the company provides post-sale support to enhance the customer experience and promote the consumption of local goods.

Better Juice

Seed Round in 2021
Better Juice Ltd., established in 2017 and headquartered in Rehovot, Israel, specializes in developing biotechnology systems that reduce sugar content in fruit juices using non-GMO methods. The company, founded by a team of experienced food industry professionals including a biochemist and microbiology academician, aims to provide consumers with healthier beverage options while maintaining natural flavors. Better Juice's technology converts monosaccharides and disaccharides into prebiotic fibers and sugars, enabling industrial juice producers to lower or eliminate sugar content in their products through a single-step process. The company is supported by The Kitchen FoodTech Hub – Strauss Group’s incubator, which fosters innovative food-tech ventures aiming to disrupt the global food system positively.

MUY

Venture Round in 2021
MUY is a mobile application operating as a chain of cloud restaurants focused on providing quality and affordable homemade food across Latin America. Established in 2018, the company is a leader in the cloud-restaurant sector, with a presence in Colombia, Brazil, and Mexico. MUY utilizes a proprietary technology platform that integrates a network of physical and cloud kitchens, enhancing operational efficiency and customer satisfaction while reducing costs. This innovative approach allows customers to access a diverse range of dishes, making homemade food more accessible to a wider audience.

Imperfect Foods

Series C in 2020
Imperfect Foods, Inc. is an online grocery delivery service based in San Francisco, California, founded in 2015. The company specializes in rescuing and redistributing food across various categories, including produce, shelf-stable goods, dairy, meat, and seafood, with a strong emphasis on reducing food waste and supporting farmers. By offering fruits, vegetables, and mixed grocery boxes, Imperfect Foods aims to provide consumers with healthy, seasonal food products at discounted prices compared to traditional grocery stores. The company operates in several areas, including Oakland, Berkeley, and Concord, delivering directly to homes and offices. Its mission-driven approach highlights its commitment to sustainability in the food system, positioning it for long-term success in the evolving grocery market.

The Jackfruit Company

Series A in 2020
The Jackfruit Company, established in 2011 and based in Cambridge, Massachusetts, specializes in producing and distributing a variety of jackfruit-based snacks and frozen meals. Their product range includes smoked pulled jackfruit, jackfruit bowls in flavors like teriyaki, curry, and enchilada, along with other jackfruit products such as ripe jackfruit and naked jackfruit. The company's mission extends beyond its products; it aims to positively impact farmers' livelihoods by promoting under-recognized fruits like jackfruit and offering natural spice options for healthier everyday meals.

Apres

Series A in 2019
Après, a digital-first company based in San Francisco, offers a plant-based protein beverage developed specifically for premium whole-body replenishment

Tasty Smart

Pre Seed Round in 2019
Tasty Smart is a manufacturer specializing in gluten-free and vegan pastry products aimed at promoting health and well-being among consumers. The company offers a range of cookies in various flavors, including guava, almond, and chocolate chip, as well as pancake and cake mixes. Tasty Smart's products cater to individuals adhering to gluten-free and vegan diets, ensuring that these consumers can enjoy delicious and satisfying options.

Farmer's Fridge

Convertible Note in 2018
Farmer's Fridge is a company that operates automated smart fridges, providing a variety of chef-curated salads, bowls, and snacks. Founded in 2013 and headquartered in Chicago, Illinois, the company addresses the challenge of accessing healthy and affordable food options, particularly for those on the go. The fridges utilize advanced technology to monitor demand and ensure fresh meals are available quickly. Additionally, any unsold items are regularly donated to local food pantries, supporting community members in need with responsibly sourced nutrition. Farmer's Fridge is committed to making nutritious eating simple and accessible for everyone.
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