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Joyful Ventures

www.joyful.vc

VCMatch tracks Joyful Ventures as an investor focused on Foodtech, Climate/Cleantech, and Biotech companies, Pre-Seed and Seed rounds, and United States, Global, and Developed Markets markets. Upload your deck to compare your startup against the full private matching profile.

Check Size

Not specified

Stages

Pre-Seed, Seed

Geography

United States, Global, and Developed markets

Investment Thesis

Joyful Ventures is a social-impact venture fund with a fundamental belief that transforming the global food system is essential to changing our world for the better. They are committed to investing in the development, production, and distribution of sustainable proteins that can outcompete animal-based products on cost, taste, and convenience. Their investment thesis rests on the conviction that the global movement toward sustainable proteins is expanding and accelerating, and that there are opportunities to identify and support world-changing companies, particularly in pre-seed and seed stages, especially those led by underfunded and underrepresented founders.

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Investment Focus

Who should take a closer look

Joyful Ventures is most relevant for founders raising Pre-Seed and Seed rounds in Foodtech, Climate/Cleantech, Biotech, and Manufacturing, especially across United States, Global, and Developed markets.

Focus statement

Joyful Ventures invests exclusively in the innovation of sustainable protein across three primary technology categories: plant-based proteins, fermentation-based proteins, and cultivated meat. They focus on companies that can disrupt large animal-based industries with huge return potential while addressing environmental and ethical concerns.

Value Add

  • Founders with deep operational experience in the alternative protein space - General Partner Milo Runkle co-founded The Good Food Institute and founded Mercy For Animals, having worked with major corporations like Walmart, Nestle, and McDonald's
  • Commitment to diversity, equity, and inclusion with a goal that at least 50% of their deals will support underrepresented founders
  • Explicit social-impact focus with ESG baked into their thesis, addressing 9 of the 17 UN Sustainable Development Goals
  • Strong advisor network of founders and leaders from successful alternative protein companies (Beyond Meat, Oatly, Air Protein, Every Company, etc.)
  • Geographic diversification strategy recognizing shifting global population and income trends in both developed and emerging markets
  • Deep focus on risk assessment through partnerships with industry-leading scientists and experts

Stage And Sector Fit

Portfolio Highlights

Adamo Foods

Sustainable Protein

Cultivated Biosciences

Sustainable Protein

De Novo Food Labs

Sustainable Protein

Jellatech

Sustainable Protein

Maia Farms

Sustainable Protein

Meatly

Sustainable Protein

New School Foods

Sustainable Protein

Orbillion

Sustainable Protein

+ 6 more companies in their portfolio