PowerPlant Ventures, a Los Angeles-based venture capital firm investing in plant-based food and beverage, foodservice and food-tech companies, such as Beyond Meat [BYND], closed its second fund, at $165m.
Led by Partners Dan Gluck, Mark Rampolla, Kevin Boylan, and T.K. Pillan, PowerPlant Ventures is a venture capital firm specializing in funding and advancing companies delivering food in more sustainable and ethical ways.
The firm provides capital, strategic guidance and operating expertise to visionary entrepreneurs leading plant-based brands including Beyond Meat, Thrive Market, Ripple Foods, Rebbl, Oh My Green, Square Roots, Beanfields, Veggie Grill, Nutriati, Your Super and Vive Organic.
PPV Fund II, L.P., has already completed investments in:
– Vive Organic, the category leader in wellness shots, and
– Your Super, a hyper-growth DTC plant based nutrition company.