VERO BEACH, Fla., Nov. 16, 2023 — As 2023 closes, Clear Current Capital, a US-based impact VC firm focused on early-stage investments in sustainable food companies, is excited to highlight various strategic partnerships being formed between its portfolio companies and industry stakeholders to accelerate positive change in the food system.
“Shifting to a sustainable food system cannot be done on a standalone basis. It’s great to see the founders within our portfolio collaborating with others in the industry to speed up progress,” says CCC Principal Steve Molino.
- Co-founders Tim Fronzek and Felipe Lino’s Berlin-based Nosh.bio Foods develops ingredients from fungal biomass for animal-free food products. It has partnered with Gingko Bioworks, leveraging strain optimization to produce a mycoprotein that delivers a savory and meaty taste in food products.
- Eldad Arnon, and Daniel Lock co-founded Berlin-based Tupu, which specializes in the production of gourmet mushrooms through a decentralized farming system combining bioscience, robotics, and AI. Tupu is partnering with renowned wholesalers and Michelin-starred chefs.
- New School Foods, founded by Chris Bryson, creates a whole-cut plant-based salmon that cooks and performs like salmon. The Toronto startup has received grants from Canadian government agencies.
- San Diego-based BlueNalu, led by Lou Cooperhouse, develops cultivated seafood products. The company is a UN Global Impact member supporting ocean sustainability and diversity. It recently secured strategic alliances with the Mitsubishi Corporation in Japan, Pulmuone Co., Ltd. in South Korea, Thai Union in Thailand, and NEOM in Saudi Arabia.
- Co-founded by Beth Zotter and Amanda Stiles, Umaro Foods produces bacon from seaweed protein. The Berkeley startup has received a grant from the US Department of Energy to explore critical mineral extraction from ocean microalgae.
- Founder David Bucca’s Change Foods produces bioidentical cheese through precision fermentation. The San Francisco company partners with the KEZAD Group, designing a dedicated commercial manufacturing plant producing its animal-free dairy in Abu Dhabi. Change Food will host “The Power of Precision Fermentation as a Climate Solution” session at COP 28 in Dubai.
“These companies bring solutions for sustainably feeding the planet’s growing populations for future generations. Great to see these founders leading the way for meaningful change in our food system,” says CCC GP and Founder Curt Albright.
About Clear Current Capital:
Visit www.clearcurrentcapital.com.
Media Contact:
Curt Albright
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704-363-9140
SOURCE Clear Current Capital
