Manna Tree Partners, a Vail, CO-based investment firm that invests in companies focused on human health and wellbeing, raised $141.5m for its first fund.
131 investors in 18 countries from around the world committed capital to Manna Tree Partners Fund I, L.P., including private wealth managers, corporate venture partners, family offices and high net worth individuals. 30% of investors in the fund are women.
The fund invests growth capital in companies that produce, process and distribute healthy food by leveraging the firm’s sector expertise and global investor network. It has made four investments to date, including:
- Vital Farms: a national brand of pasture-raised eggs that support small farmers and the healthiest animal welfare standards in the industry,
- MycoTechnology: a sugar inhibitor ingredient company using mushroom protein to create healthier consumer products,
- Nutriati, a developer and manufacturer of proprietary plant-based ingredients, including protein, flour and oil to elevate protein levels through a gluten/allergy free product, and
- Verde Farms, a provider of environmental practices, and healthy 100% grass-fed, 100% pasture-raised, organic beef for retail, club, and foodservice customers.
Manna Tree was founded in 2018 by Gabrielle Rubenstein, CEO; Ross Iverson, CIO; and Brent Drever, COO.
FinSMEs
29/04/2020