What is Smallhold?
Founded in 2017, Smallhold has evolved from a specialized mushroom grower into a sophisticated AgTech enterprise. The company distinguishes itself through the development of proprietary technologies that enable the deployment of high-output, local farms across the United States. By integrating advanced supply chain logistics with controlled-environment agriculture, Smallhold effectively reduces the carbon footprint associated with traditional produce distribution. Their market position is defined by a dual focus on technological innovation and the democratization of fresh, sustainably grown produce, effectively bridging the gap between urban demand and agricultural supply.
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, AlleyCorp, Energy Impact Partners, Astanor Ventures, and Almanac Insights
Key Investors in Smallhold
Wheatsheaf Group
An international investment firm focused on the food and agriculture sector, dedicated to reshaping global food systems through technology and sustainable business models.
Energy Impact Partners
A specialized investment firm that partners with innovators to accelerate the transition toward a decarbonized, digitized, and electrified global energy economy.
Astanor Ventures
A venture capital firm focused on transforming the global agrifood system by supporting sustainable, healthy, and equitable solutions from soil to gut.
What's next for Smallhold?
With this major enterprise-level funding, Smallhold is set to scale its operational footprint significantly. The strategic roadmap involves the deployment of additional high-output farm units, further optimizing their proprietary cultivation technology to enhance yield consistency and resource efficiency. As the company matures, the focus will likely shift toward deepening its penetration in retail and food service channels, leveraging its unique position as a tech-enabled producer to capture a larger share of the sustainable food market. The backing from specialized agrifood and energy-focused investors underscores the industry's confidence in Smallhold's ability to redefine the economics of local food production.
See full Smallhold company page