Supply Change Capital

Supply Change Capital is an early-stage venture capital firm founded in 2020, with locations in Chicago and Los Angeles. The firm focuses on investing in food technology companies that positively impact climate change, leveraging the expertise of its founders, Noramay Cadena and Shayna Harris, who bring a blend of food industry knowledge and investment experience. By operating at the intersection of food, culture, and technology, Supply Change Capital aims to support innovative solutions that address pressing environmental challenges while fostering sustainable food systems.

Noramay Cadena

Managing Partner

Shayna Harris

Co-Founder and General Partner

12 past transactions

Celleste Bio

Seed Round in 2024
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.

Helios Artificial Intelligence

Pre Seed Round in 2023
Helios Artificial Intelligence, Inc. is focused on developing advanced AI software aimed at predicting supply chain disruptions. The company’s platform processes billions of signals in real-time to forecast risks associated with political, economic, and climate changes, enabling clients to proactively address potential issues. Specifically tailored for agricultural commodities, the platform offers features such as supply availability predictions and identification of alternative suppliers. By analyzing various risks, Helios provides actionable insights that enhance negotiation strategies, helping customers navigate the complexities of global supply chains and maintain operational efficiency.

Hyfé

Seed Round in 2023
Hyfé is a feedstock processing company focused on transforming food waste into valuable chemicals, materials, fuels, and foods through fungal fermentation. By upcycling waste generated in food manufacturing, Hyfé aims to create sustainable, cost-competitive products that benefit various industries. This innovative approach not only maximizes profits for food manufacturers but also helps reduce the carbon footprint of the food industry, promoting a more sustainable future. The company is dedicated to unlocking the full value of crops, allowing for the production of essential goods without reliance on petroleum.

PartnerSlate

Seed Round in 2023
PartnerSlate is an online platform designed to facilitate strategic partnerships between food and beverage brands and manufacturing and packaging partners across North America. The platform enables brands to discover and connect with contract manufacturers by streamlining the manufacturing process through various criteria, such as location, capabilities, and product categories. This approach helps brands identify suitable production companies that align with their needs, ultimately supporting them in bringing their products to market efficiently. PartnerSlate serves as a valuable resource for the food industry, fostering relationships that enhance collaboration and drive business growth.

Aqua Cultured Foods

Seed Round in 2023
AQUA Cultured Foods specializes in producing innovative, fungi-based food products that serve as fermentation-enabled alternatives to traditional seafood. The company focuses on creating plant-based seafood that replicates the taste, texture, and freshness of fish, including tuna, scallops, squid, and shellfish, while being entirely fish-free. By meticulously controlling the growing environment, AQUA ensures that its products are consistently high-quality and sustainable. This approach allows consumers to enjoy delicious and healthy seafood options without contributing to the depletion of ocean resources, catering to the growing demand for environmentally friendly food alternatives.

Michroma

Seed Round in 2023
Michroma Corporation is a biotechnology company that specializes in producing natural thermostable colorants derived from filamentous fungi through a fermentation process. Founded in 2019 and based in both San Francisco, California, and Rosario, Argentina, Michroma aims to replace synthetic pigments and those sourced from animals and plants with sustainable, naturally produced alternatives. The company harnesses synthetic biology to develop proprietary fungal strains that generate high-performance ingredients in bioreactors. Currently, Michroma is prototyping its innovative pH-stable and heat-stable food colorants in collaboration with leading food and beverage and cosmetic companies. Additionally, the company is exploring the production of mycoprotein and other ingredients, making strides in the sustainable ingredients market.

Prado

Seed Round in 2022
Prado is a technology company specializing in a customizable software platform tailored for local meal prep delivery businesses. The platform enables entrepreneurs in the food and beverage industry to effectively manage their supply chains, facilitating the online marketing, sales, fulfillment, and shipping of perishable products. By offering an economical and reliable solution, Prado empowers chefs to focus on culinary creativity while allowing health-conscious consumers to enjoy their meals without the hassle of preparation. The platform also supports various business models, including online ordering, subscriptions, and delivery services, helping clients to scale their operations, increase revenues, and reduce waste.

Partake Foods

Series B in 2022
Partake Foods, Inc. is a food company that specializes in producing and selling allergy-friendly snacks, particularly cookies. The company offers a range of products that are nut-free, gluten-free, vegan, and made without genetically modified organisms. Its cookie varieties include sprouted grain chocolate chip, double chocolate chip, sweet potato millet, carrot oat, and birthday cake mini cookies, catering to health-conscious consumers and those with dietary restrictions. Partake Foods markets its products online, making them accessible to a broader audience. Founded in 2016 and originally known as Vivis Life, LLC, the company is headquartered in Jersey City, New Jersey.

Hyfé

Pre Seed Round in 2022
Hyfé is a feedstock processing company focused on transforming food waste into valuable chemicals, materials, fuels, and foods through fungal fermentation. By upcycling waste generated in food manufacturing, Hyfé aims to create sustainable, cost-competitive products that benefit various industries. This innovative approach not only maximizes profits for food manufacturers but also helps reduce the carbon footprint of the food industry, promoting a more sustainable future. The company is dedicated to unlocking the full value of crops, allowing for the production of essential goods without reliance on petroleum.

Aqua Cultured Foods

Pre Seed Round in 2021
AQUA Cultured Foods specializes in producing innovative, fungi-based food products that serve as fermentation-enabled alternatives to traditional seafood. The company focuses on creating plant-based seafood that replicates the taste, texture, and freshness of fish, including tuna, scallops, squid, and shellfish, while being entirely fish-free. By meticulously controlling the growing environment, AQUA ensures that its products are consistently high-quality and sustainable. This approach allows consumers to enjoy delicious and healthy seafood options without contributing to the depletion of ocean resources, catering to the growing demand for environmentally friendly food alternatives.

Agua Bonita

Pre Seed Round in 2021
Agua Bonita is a cold-pressed juice company that specializes in creating beverages from surplus and imperfect produce. By focusing on rescued ingredients, the company aims to provide refreshing alternatives that are both sustainable and delicious. Agua Bonita's products are made using authentic recipes, featuring only real fruits and vegetables, with no added sugar or artificial ingredients. This approach not only minimizes food waste but also promotes healthier beverage choices for consumers.

bitewell

Bitewell is a pioneering food-as-medicine platform focused on enhancing health through informed food choices. The company aims to simplify and democratize healthy eating by offering personalized nutrition insights via its innovative FoodHealth Score, which assesses the impact of food on health. This metric is set to be utilized by over 20 million Americans, appearing in major grocery retailers and restaurant chains, as well as being integrated into healthcare provider tracking systems. By providing tailored nutritional advice and aligning food choices with long-term health outcomes, Bitewell seeks to empower individuals and businesses to reduce healthcare costs while promoting better health. Recognized as one of the top start-ups to watch in 2023, Bitewell is positioned to play a significant role in the future of health and nutrition.
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