New Crop Capital (2015; New York; 9 staff; newcropcapital.com)
The private venture firm focuses on investing in products that replace foods derived from animal agriculture, as well as, other food-related technologies and services that address the environmental, ethical, and population growth challenges of the global food supply. ‘
It launched in 2015 and raised US$100 million in funding in early 2019. The firm’s focuses on investing in five areas: “Food Tech” (novel forms of production), CPG (consumer packaged goods), “Cellular Ag” (advanced fermentation and tissue engineering, Convenience (distribution systems), and Exploration (new approaches). Notable companies in its portfolio include Beyond Meat, Memphis Meats, and Blue Nalu.
- Beyond Meat: Plant-based meat substitution products
- Blue Nalu: Cellular agriculture
- Zero Egg: Plant-based egg substitute
- List of full portfolio
Leadership: Chris Kerr (Chief Investment Officer)