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Acre Venture Partners

Acre Venture Partners

Acre is a venture capital fund investing in agriculture and food technology.

Acre Venture Partners makes venture-stage investments in platform businesses across the food value chain, with a particular focus on the agriculture, food technology and consumer verticals.

History

Acre Venture Partners is a venture capital fund founded in February 2016 in ​ the Greater Los Angeles Area and specializes in start-up investments in health-focused food tech companies.Acre Venture Partners manages an independent fund of Campbell Soup Company to invest in startup food companies. It operates in the sectors of Agriculture, Organic Food and Venture Capital. Acre is a limited partnership with a Campbell subsidiary as the sole limited partner and Jeff Dunn, the head of the company's fresh food division as Campbell's representative. An outside partner manages the fund.

Investments

Acre invests in companies creating systemic change in the food system to address the problems of human and environmental health. Acre Venture Partners, the $125 million fund, invests in food startups. It bought dips and salsa maker Garden Fresh Gourmet for $231 million in June, and juice maker Bolthouse Farms for $1.55 billion in 2012.

Acre has made 15 investments. On Dec 12, 2018, when they invested $1.3M in ImpactVision.

Timeline

December 11, 2018

ImpactVision

Seed Round - ImpactVision

$1.3M

October 21, 2018

Spoiler Alert

Corporate Round - Spoiler Alert

August 8, 2018

Inari

Series B - Inari

$40M

June 12, 2018

Evolve BioSystems

Series C

$40M

December 4, 2017

Pilotworks

Series A - Pilotworks

$13M

November 29, 2017

Farmers Business Network

Series D - Farmers Business Network

$110M

October 30, 2017

ImpactVision

Seed Round - ImpactVision

$1.4M

May 29, 2017

Evolve Biosystems

Series B - Evolve Biosystems

$20M

May 16, 2017

Back to the Roots

Series B

$4M

March 6, 2017

Farmers Business Network

Series C - Farmers Business Network

$40M

November 15, 2016

Spoiler Alert

Seed Round - Spoiler Alert

$2.5M

August 21, 2016

Sample6

VENTURE CAPITAL (SERIES C)

$12,7M

August 8, 2016

Farmers Business Network

VENTURE CAPITAL (SERIES B)

$20M

June 5, 2016

Back to the Roots

VENTURE CAPITAL (SERIES A)

$10M

March 30, 2016

Juicero

VENTURE CAPITAL (SERIES B)

$70,000,000

February 16, 2016

Acre Venture Partners, L.P.

$125M

People

Name
Role
Related Golden topics

Gareth Asten

Managing Partner



Jeffrey T. Dunn

Venture Partner



Lucas Mann

Managing Partner



Sam Kass

Partner



Further reading

Title
Author
Link
Type

Acre Venture Partners

Christine Birkner

Web

Campbell Soup launches $125 Million VC fund

JOHN KELL

Web

Campbell Soup Launches $125M Venture Capital Fund for Food Startups

HANNAH FURLONG

Web

Campbell Soup to invest $125 million in food startups

Marisa Kendall

Web

Campbell Soup-backed Acre Venture Partners invests in incubator network



Web

ImpactVision Raises $1.4m Seed Round to Determine Food Quality with Hyperspectral Images - AgFunderNews

LOUISA BURWOOD-TAYLOR

Web

Pilotworks, a WeWork for food entrepreneurs, is taking its commercial kitchens national

Lora Kolodny

Web

Tag: acre venture partners

Jonathan Shieber

Web

Documentaries, videos and podcasts

Title
Date
Link

Campbell Soup Invests $10M In Meal-Kit Startup Chef'd



How ImpactVision is using AI to detect unripe or contaminated food

12 December 2018

Tyson Launches $150 Million VC Fund That Could Help Hedge Against A Meatless Future

5 December 2016

With Help of $10M Series A, Back to the Roots Poised to Truly 'Undo Food - S2G Ventures

6 June 2016

Companies

Company
CEO
Location
Products/Services













Farmers Business Network







ImpactVision







Inari







Juicero







Sample6













References