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.
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.
Seed Round - ImpactVision
Corporate Round - Spoiler Alert
Series B - Inari
Series A - Pilotworks
Series D - Farmers Business Network
Seed Round - ImpactVision
Series B - Evolve Biosystems
Series C - Farmers Business Network
A company developing phage-based diagnostic system for detecting food contamination risk.
Evolve Biosystems is a company developing a consumer product, Evivo, that improves infants' gut health.
Farmers Business Network is a startup in San Carlos, CA utilizing data to provide enterprise solutions for farmers.
Spoiler Alert is a Boston-based company founded by Marty Sirkin, Emily Malina and Ricky Ashenfelter.
Jeffrey T. Dunn
Acre Venture Partners
Campbell Soup launches $125 Million VC fund
Campbell Soup Launches $125M Venture Capital Fund for Food Startups
Campbell Soup to invest $125 million in food startups
Campbell Soup-backed Acre Venture Partners invests in incubator network
ImpactVision Raises $1.4m Seed Round to Determine Food Quality with Hyperspectral Images - AgFunderNews
Pilotworks, a WeWork for food entrepreneurs, is taking its commercial kitchens national
Tag: acre venture partners
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