New Crop Capital

New Crop Capital (NCC) is a private venture capital fund investing in plant-based and cultured meat, dairy, and egg companies.[1][2] It is known for seeking to disrupt the conventional animal agriculture industry, which it views as environmentally harmful, inefficient, and deleterious to public health and animal welfare.[3][4]

NCC provides early-stage investments––primarily Angel, Seed, and Series A funding––as well as consulting services to companies that facilitate the promotion and sale of plant-based and cultured animal product alternatives.[5] Its investments range from $50,000 to $1,000,000.

History

NCC was formed in January 2016 with three staff members: Investment Manager Chris Kerr and Managing Trustees Bruce Friedrich and Nick Cooney.

Funded Companies

Memphis Meats

On January 31, 2016, the Wall Street Journal reported that NCC is a primary investor to Memphis Meats Inc., a San Francisco-based startup growing meat outside a live animal.[6]

References

  1. ↑ "Food's future: New VC firm and nonprofit among investors in natural, organic startups". Food Dive. Retrieved 2016-04-21.
  2. ↑ Phillips, Bianca. "Meet the New Meat". Memphis Flyer. Retrieved 2016-04-21.
  3. ↑ "New Crop Capital Closes $25m Fund, Invests in Beyond Meat - AgFunderNews". AgFunderNews. Retrieved 2016-04-21.
  4. ↑ "Futuristic food made in labs named Memphis Meats". www.commercialappeal.com. Retrieved 2016-04-21.
  5. ↑ FoodNavigator-USA.com. "More plant-based products are needed to fuel a "market-revolution" away from animals, expert says". FoodNavigator-USA.com. Retrieved 2016-04-21.
  6. ↑ Bunge, Jacob. "Sizzling Steaks May Soon Be Lab-Grown". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-04-21.

External links

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