Our thesis is simple

As global wealth and population go up, so does demand for protein. Over the past century, protein production has doubled every three decades, and it’s projected to double again in the next three. Some of that will come from conventional sources. But one third of it—a total of $1 trillion in annual revenue—is projected to come from alternative protein sources.

Cleanmeat Lever Alternative Protein Square - Levervc.com
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A wave of startups across the US, Europe, Israel and Asia are now producing pure meat protein from animal cells, and pure egg and dairy protein from modified yeast. These are clean, bio-identical animal proteins produced without live animals. Other companies have engineered plant ingredients to reproduce the taste and functionality of animal protein—creating a $14 billion industry that’s growing at more than 10% per year and that will double in the next seven years. Still others are using artificial intelligence, machine learning and other deep science technologies to produce proteins that are cleaner and safer.

Alternative proteins have a serious value proposition. For one thing, they are more efficient: they have dramatically lower land and water costs and generate fewer greenhouse gas emissions. They have a healthier nutrition profile, and are free of food-borne disease. And they have a shelf life and customizability far beyond that of conventional protein. They are also squarely in line with macro trends toward health, sustainability and animal welfare.

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Cleanmeat Lever Logos Industry - Levervc.com

That’s why major food companies like Tyson, Cargill and General Mills are investing in alternative protein. So are leading funds like Kleiner Perkins, Khosla Ventures and DFJ, and visionaries such as Bill Gates, Marc Benioff and Richard Branson. Meanwhile, recent years have seen a steady pace of exits as alternative protein companies have been snapped up by food giants like Unilever, Kraft and others.

Cleanmeat Lever Logos Industry - Levervc.com

That’s why major food companies like Tyson, Cargill and General Mills are investing in alternative protein. So are leading funds like Kleiner Perkins, Khosla Ventures and DFJ, and visionaries such as Bill Gates, Marc Benioff and Richard Branson. Meanwhile, recent years have seen a steady pace of exits as alternative protein companies have been snapped up by food giants like Unilever, Kraft and others.

The alternative protein industry is being born

LeverVC backs the most talented entrepreneurs in this space—in established alternative protein markets like the U.S. and Europe, the rapidly growing market in China, and beyond.

Cleanmeat Lever Alternative Protein Industry - Levervc.com

The alternative protein industry is being born

LeverVC backs the most talented entrepreneurs in this space—in established alternative protein markets like the U.S. and Europe, the rapidly growing market in China, and beyond.

Cleanmeat Lever Alternative Protein Industry - Levervc.com

Focus

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STAGE

Most of our initial investments are at startup, Seed or Series A, when equity is cheapest

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SIZE

Initial checks are typically $250,000 to $1,000,000, with larger amounts for follow-on

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LOCATION

We are uniquely global, investing in the U.S., Europe, China and Israel, plus compelling opportunities elsewhere.

Experience

Our partners have invested in dozens of early stage alternative protein companies, including leaders like Beyond Meat, Impossible Foods and Memphis Meats. These investments span the globe.

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Access

We have unparalleled deal access in the food tech and alternative protein space. Thanks to our deep networks in the U.S., China, Europe and globally with food entrepreneurs, investors and NGOs, we are often aware of groundbreaking companies before they are even founded. Companies our team has worked with since before they raised their first round include:

Cleanmeat Access Beyond Meat Logo - Levervc.com

Valuation:

$3.5 billion+ (after IPO)

Investors include:

Kleiner Perkins, General Mills,
Tyson Foods, Bill Gates

Cleanmeat Access Just Logo - Levervc.com

Valuation:

$1.3 billion+

Investors include:

Khosla Ventures, Horizons Ventures,
Founders Fund, Marc Benioff

Cleanmeat Access Memphis Meats Logo - Levervc.com

Valuation:

$100 million+

Investors include:

DFJ, Tyson Foods, Cargill,
Bill Gates, Richard Branson

Talk to us

Want to chat? Get in touch with us here, and we’ll answer your question or set up a time to talk.