Green Circle Foodtech Ventures

Green Circle Foodtech Ventures, established in 2019, is a corporate venture capital firm based in New York that focuses on the foodtech sector. It is part of Green Circle Capital and comprises a team of seasoned investment professionals alongside former food and beverage operators. The firm aims to support innovative entrepreneurs who are driving technological advancements in the global food industry. Green Circle Foodtech Ventures invests in various areas, including biomass and precision fermentation, food safety, sustainable packaging, sugar reduction and replacement, food waste management, supply-chain efficiency, and technology suppliers for cultured meat. The firm is dedicated to fostering sustainable practices and enhancing efficiency within the food and beverage landscape.

Graham Anderson

Partner and Managing Director

Francesco Lorenzetti

Associate

Bakley Smith

Director and Head of Research

Stu Strumwasser

Partner and Founder

7 past transactions

Uncaged Innovations

Seed Round in 2024
Uncaged Innovations is a company focused on developing next-generation materials to replicate bovine and exotic leather using advancements in materials chemistry and digital manufacturing. By creating innovative biomaterials, Uncaged Innovations provides businesses across various industries, including luxury fashion and automotive, with sustainable and ethical alternatives to traditional animal skin. This commitment to sustainability not only addresses environmental concerns but also aligns with the growing demand for cruelty-free products in the market.

Mondra

Seed Round in 2024
Mondra is a technology-focused company dedicated to transforming global supply chains with an emphasis on sustainability and environmental impact. By integrating advanced methods such as satellite data, big data analytics, artificial intelligence, and machine learning, Mondra addresses data gaps that hinder comprehension of the food supply chain's effects on the environment. The company has developed a data-driven insights platform that assists stakeholders in the food system in achieving their carbon neutrality objectives. This platform features a labeling system that allows producers to demonstrate their products' verified environmental performance and benchmark them against industry averages. Mondra empowers producers to identify opportunities for reducing their environmental footprint, thereby enhancing product performance and fostering brand loyalty through transparency in environmental practices.

Future Fields

Series A in 2023
Future Fields is a Canadian company based in Edmonton, founded in 2018, that specializes in producing sustainable components for scientific applications through insect biotechnology. Utilizing its innovative EntoEngine™ platform, the company harnesses the genetic capabilities of fruit flies to generate environmentally friendly and economically viable biomolecules. Future Fields focuses on developing insect-based recombinant proteins, which serve as essential growth components for cell culture. By doing so, the company aims to reduce the environmental impact associated with traditional protein production while enhancing social benefits. Its work supports the agriculture industry in producing cost-effective cell-based foods, contributing to a more sustainable future.

ProFuse Technology

Seed Round in 2022
ProFuse Technology is a developer of advanced cultured meat production technology aimed at transforming traditional meat production methods. The company focuses on enhancing the efficiency of meat production by significantly reducing production time, improving the quality of the meat, and increasing overall yields. By accelerating muscle fiber growth, ProFuse's innovative technology enables meat producers to optimize their processes, leading to cost reductions and increased production capacity. This approach positions ProFuse Technology at the forefront of the cultured meat industry, addressing the growing demand for sustainable and high-quality meat alternatives.

Imagindairy

Seed Round in 2022
Imagindairy is a producer of animal-free dairy proteins, committed to delivering sustainable and healthy alternatives to traditional dairy products. The company utilizes advanced technologies, including synthetic biology, to maximize the production of milk proteins. By focusing on innovation, Imagindairy develops a range of protein-based dairy goods that are not only nutritious and flavorful but also designed to be affordable for consumers. Through its efforts, the company aims to provide viable alternatives to animal-derived products, contributing to a more sustainable food system.

Imagindairy

Seed Round in 2021
Imagindairy is a producer of animal-free dairy proteins, committed to delivering sustainable and healthy alternatives to traditional dairy products. The company utilizes advanced technologies, including synthetic biology, to maximize the production of milk proteins. By focusing on innovation, Imagindairy develops a range of protein-based dairy goods that are not only nutritious and flavorful but also designed to be affordable for consumers. Through its efforts, the company aims to provide viable alternatives to animal-derived products, contributing to a more sustainable food system.

The Better Meat

Seed Round in 2020
The Better Meat Co. is a business-to-business company based in West Sacramento, California, that specializes in producing plant-based protein formulas for foodservice providers and meat processors. Founded in 2018, the company offers a range of products designed to enhance traditional meat items while promoting health and sustainability. Its offerings include Damona, a beef-specific enhancer for burgers and meatballs; Albina, a plant protein formula for ground pork products such as sausages and chorizo; and Thunderbird, which is tailored for ground chicken applications. Utilizing fermentation and mycoprotein technology, The Better Meat Co. aims to provide versatile, allergen-free ingredients that can seamlessly blend into various meat products, enabling food companies to reduce their environmental impact while maintaining flavor and quality.
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