• Stage: Seed and Series A rounds. We view our sweet spot as “past proof of concept” but before “scale.” Some of these businesses may be pre-revenue and as such, when revenues are not the metric, proof of concept or value may be measured in the form of patents or other IP, beta products, initial blue chip customers, etc.
• Geography: Primarily N. America and Israel, with flexibility to consider special situations in other countries.
• Check size: $500K to $2MM (or more) per investment.
• Segments of interest include (but are not limited to):
- Biomass and precision fermentation.
- Food safety.
- Sustainable packaging.
- Sugar reduction and replacement.
- Food waste and supply-chain efficiency.
- Suppliers to (but not producers of) cultured meat.
- Tech-enabled Food & Bev CPG (i.e. Impossible).