What is Smallhold?
Smallhold, founded in 2017 and based in New York, United States, is at the forefront of revolutionizing food production through innovative mushroom farming. The company has developed proprietary technologies and a robust supply chain to establish high-output local farms nationwide. Smallhold's mission is to address global food security challenges by leveraging the potential of mushrooms. Their approach involves building small, efficient farms that minimize transportation and maximize freshness, contributing to a more sustainable food system.
How much funding has Smallhold raised?
Smallhold has raised a total of $25M across 1 funding round:
Series A
$25M
Series A (2021): $25M with participation from Wheatsheaf Group, Energy Impact Partners, Astanor Ventures, Almanac Insights, and AlleyCorp
Key Investors in Smallhold
Wheatsheaf Group
Wheatsheaf Group is an international investor focused on food and agriculture businesses, aiming to reshape the food system through innovative business models and technology.
Energy Impact Partners
Energy Impact Partners is an investment firm dedicated to transforming the energy industry towards a decarbonized, decentralized, digitized, and electrified future, collaborating with innovators and major energy companies.
Astanor Ventures
Astanor Ventures is dedicated to transforming the agrifood system by fostering innovation and impact from soil and sea to gut, investing in solutions that promote sustainability, health, and equity.
What's next for Smallhold?
The recent major strategic investment signals a pivotal growth phase for Smallhold. This capital infusion is expected to accelerate the expansion of their network of local farms and further refine their technological capabilities. With a focus on scaling operations and enhancing their supply chain, Smallhold is positioning itself to significantly impact the future of food production and distribution, aiming to make sustainable, locally-grown mushrooms accessible on a larger scale.
See full Smallhold company page
