What is Smallhold?
Founded in 2017, Smallhold emerged from a vision to address global food security by exploring the potential of mushrooms. The company has since developed proprietary technologies and established a robust supply chain to create small, high-output local farms across the United States. This innovative approach to agriculture aims to decentralize food production and enhance sustainability. Smallhold's commitment to pioneering new methods in mushroom cultivation positions it as a key player in the future of food.
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 AlleyCorp, Energy Impact Partners, Astanor Ventures, Almanac Insights, and Wheatsheaf Group
Key Investors in Smallhold
Energy Impact Partners
Energy Impact Partners (EIP) is an investment firm dedicated to transforming the energy industry towards a decarbonized, decentralized, digitized, and electrified future. The firm collaborates with leading innovators and major energy companies to foster a cleaner and more resilient energy landscape.
Astanor Ventures
Astanor Home is dedicated to transforming the agrifood system by fostering innovation and impact from soil and sea to gut. The company employs two main strategies, Astanor Venture and Astanor Growth, to scale businesses across the agrifood sector, providing comprehensive support at every stage.
Wheatsheaf Group
Wheatsheaf Group is an international investor in food and agriculture businesses. Their purpose is to rethink and re-shape how food is grown, produced, distributed and consumed, partnering with like-minded people to manage the complex interconnectedness of our agricultural ecosystem.
What's next for Smallhold?
With this substantial backing, Smallhold is poised for accelerated expansion and technological advancement. The strategic investment will likely fuel the scaling of its unique farming model to new markets, further solidifying its national presence. Continued innovation in cultivation techniques and supply chain optimization will be critical as the company aims to meet growing demand for sustainably produced, locally sourced food. This financing round signals strong investor confidence in Smallhold's mission to reshape the food industry.
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