Investors in Alternative Protein

HATCH Fund I, launched in 2018, has a global focus on aquaculture and alternative seafood technologies. This fund has invested €1.76 million to date and currently holds a net asset value of €6.8 million. HATCH's investment scope encompasses a wide range of innovative technologies and solutions within the aquaculture and alternative seafood sectors, with a geographic reach that extends worldwide.

In November 2019 Morningside Hill launched its latest venture capital fund, which is focused on providing growth capital to Bulgarian startup companies. The fund has EUR 38.5 million under management to be invested in equity (or equivalent) minority positions in 25 to 30 companies. The VC fund comprises public funds of EUR 33.3 million provided by the Fund Manager of Financial Instruments in Bulgaria EAD under the operational programme “Innovation and Competitiveness” co-financed by the European Structural and Investment Funds for the 2014-2020 programming period. The typical investment holding period is 5-10 years, while exit opportunities will be evaluated ad hoc.

GERBER-RAUTH is a private investment company focusing on the Dairy Ecosystem© and adjacent sectors. We are using private investment to accelerate the development of novel food technologies for the alternative dairy sector and to create increasingly sustainable business models for traditional dairy.

Founded in 2011, Convent Capital is an independent asset manager based in the Netherlands. With two funds, it focuses on growth and buy out propositions in predominantly Europe. Since its early beginnings, Convent Capital has had a strong focus on sustainability and a dedication to the transition from the current linear economy to a circular economy. Its long-term strategy creates sustainable, high returns for its stakeholders. Convent Capital focuses on investing in innovative and sustainable food and agriculture businesses across Europe. The fund’s mission is to generate both financial returns and positive environmental impact, by supporting companies that are committed to improving the sustainability and efficiency of the food system. About 20% of the Fund will be invested within the blue economy with a focus on improved local marine biodiversity, ecosystem resilience, and avoidance of freshwater fishing through the production of alternative fish feed.

Sparkfood, an investor funding next-generation companies towards a sustainable and healthier future, leverages expert knowledge, capital, and processes to craft bespoke investment strategies. Committed to long-term success, Sparkfood nurtures growth by continuously supporting their partners.

They are a public holding company focused on impact investments in pioneering plant-based and foodtech companies. Their investments are diversified and aimed at scalable R&D and production. Kale United's holdings are designed to accelerate the shift to a more plant-based lifestyle and reduce the carbon footprint of food.

Mudcake is a microfund managed by former founders committed to improving the world for future generations. They specialize in investing in exceptional founders who are revolutionizing food production, distribution, and consumption. Typically, they invest between $200k and $800k in pre-seed and seed rounds worldwide.

Re:food is a transatlantic growth equity firm that partners with companies advancing sustainability across the agri-food industry in North America and Europe.

Course Corrected is a stage agnostic fund with a primary focus on seed stages and Series A rounds, with potential to invest selectively in later stages in special opportunities. Course Corrected is backing outstanding entrepreneurs and teams with fast growing and scalable businesses that drive the transformation towards climate positive alternatives, disrupting incumbents and with the potential to become leaders in their respective markets.

Crosslight Partners tackles substantial challenges within the food system with innovative solutions. These companies are at the early growth stage, demonstrating commercial traction. Investments typically range from SEK 1 to 10 million, with flexible ownership stakes. While the focus is global, emphasis lies on the Nordics and Europe. The investment horizon spans 3 to 7 years, and governance involvement includes securing a board seat or holding quarterly follow-up meetings.