Five Seasons Ventures, a Paris, France-based Food Tech venture capital firm, closes a €180M second fund.
The new Fund II will continue making Series A and B investments into the most promising European Food Tech companies, with an emphasis on fast-growing consumer-focused food with a quantifiable environmental or social impact.
Five Seasons Ventures’ Fund I portfolio companies are on track to reach a combined revenue of over €350M in 2021.
Led by Co-founding Partners Ivan Farneti and Niccolò Manzoni, Five Seasons Ventures focuses on investing across the food value chain partnering with entrepreneurs to build food products and services. The firm also provides capital, deep expertise and connections in the food sector to help companies succeed.
In total, Five Seasons Ventures has backed 14 companies across six European countries: Germany, France, Italy, Portugal, Switzerland, and the UK.
Four investments have already been made from Fund II, including female wellness supplements her1, which provides probiotics to tackle gut health and vly, a company using peas to provide a plant-based milk alternative filled with protein. Five Seasons Ventures also invested in Barkyn and The Nu Company.
The portfolio also includes Air Up, Butternut Box, Cortilia, Just Legends, Just Spices, La Fourche, The Nu Company, This, Tropic Biosciences, Yamo, and YFood Labs.
FinSMEs
04/10/2021