# Corporate VCs backing Food & Beverage (2026 list)

> 29 corporate VCs backing Food & Beverage, 86% active in the last 12 months. Led by Google Ventures, Endeavor Catalyst, Z Venture Capital.

Source: https://millionrounds.com/lists/corporate-vcs-food-beverage (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Corporate VCs backing Food & Beverage

Updated 7 November 2026

Corporate VCs we have observed in a food & Beverage round in the last two years.

[See all 29 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcorporate-vcs-food-beverage)The top 25

**29** investors on the list No change this week

**426** cheques in 12 months *-6%* against the market

**$12M** median round they joined *+52%* against the market median

**86%** wrote a cheque in 12 months

**48%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (23)

- 1 [Google Ventures](https://millionrounds.com/fund/gv) *Deploying now* Corporate VC · United States **884** **$38M** median round **Oct 2026** last seen
- 2 [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) *Deploying now* Corporate VC · United States **318** **$30M** median round **Oct 2026** last seen
- 3 [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) *Deploying now* Corporate VC · Japan **200** **$10M** median round **Oct 2026** last seen
- 4 [Rabobank](https://millionrounds.com/fund/rabobank) *Deploying now* Corporate VC · Netherlands **122** **$3.2M** median round **Nov 2026** last seen
- 5 [SE Ventures](https://millionrounds.com/fund/se-ventures) *Deploying now* Corporate VC · United States **112** **$16M** median round **Oct 2026** last seen
- 6 [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) *Deploying now* Corporate VC · United States **107** **$39M** median round **Sept 2026** last seen
- 7 [Endeavor](https://millionrounds.com/fund/endeavor) *Deploying now* Corporate VC · United States **106** **$25M** median round **Sept 2026** last seen
- 8 [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) *Deploying now* Corporate VC · United Kingdom **105** **$6.3M** median round **Nov 2026** last seen
- 9 [Hana Ventures](https://millionrounds.com/fund/hana-ventures) *Deploying now* Corporate VC · South Korea **102** **$6.2M** median round **Jul 2026** last seen
- 10 [Chiratae Ventures](https://millionrounds.com/fund/chiratae-ventures) *Deploying now* Corporate VC · India **90** **$6.6M** median round **Oct 2026** last seen
- 11 [Unilever Ventures](https://millionrounds.com/fund/unilever-ventures) *Deploying now* Corporate VC · United Kingdom **89** **$8.2M** median round **Sept 2026** last seen
- 12 [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha) *Deploying now* Corporate VC · India **79** **$2.5M** median round **Nov 2026** last seen
- 13 [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) *Deploying now* Corporate VC · United States **77** **$18M** median round **Oct 2026** last seen
- 14 [Kickfund](https://millionrounds.com/fund/kickfund) *Deploying now* Corporate VC · Switzerland **52** **$2.4M** median round **Sept 2026** last seen
- 15 [Valor Siren Ventures](https://millionrounds.com/fund/valor-siren-ventures) quiet Corporate VC · United States **28** **$6.5M** median round **Jul 2025** last seen
- 16 [Bertelsmann India Investments](https://millionrounds.com/fund/bertelsmann-india-investments) *Deploying now* Corporate VC · India **17** **$27M** median round **Oct 2026** last seen
- 17 [Santander](https://millionrounds.com/fund/banco-santander) *Deploying now* Corporate VC · Spain **6** **$146M** median round **Jun 2026** last seen
- 18 [Obayashi Corporation](https://millionrounds.com/fund/obayashi-corporation) *Deploying now* Corporate VC · Japan **5** **$31M** median round **Nov 2026** last seen
- 19 [CHECK24 Impact GmbH](https://millionrounds.com/fund/check24-impact) quiet Corporate VC · Germany **3** **$2.7M** median round **Nov 2025** last seen
- 20 [GrainCorp Ventures](https://millionrounds.com/fund/graincorp-ventures) *Deploying now* Corporate VC · Australia **3** **$2.5M** median round **Mar 2026** last seen
- 21 [Mercy Corps Ventures](https://millionrounds.com/fund/mercy-corps-ventures) *Deploying now* Corporate VC · United States **3** **$1.8M** median round **Apr 2026** last seen
- 22 [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-fund) *Deploying now* Corporate VC · Netherlands **2** **$14M** median round **Dec 2025** last seen
- 23 [Aditya Birla Ventures](https://millionrounds.com/fund/aditya-birla-ventures) *Deploying now* Corporate VC · India **2** **$29M** median round **Jan 2026** last seen
- 24 [Grey Silo Ventures](https://millionrounds.com/fund/grey-silo-ventures) *Deploying now* Corporate VC · Italy **2** **$5.6M** median round **Oct 2026** last seen
- 25 [Africa Eats](https://millionrounds.com/fund/africa-eats) *Deploying now* Corporate VC · United States **1** **$40M** median round **Oct 2026** last seen

**4 more on this list**

All 29 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcorporate-vcs-food-beverage)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *Led by* [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund)
- **5** Nov **[Return](https://millionrounds.com/company/return)** Debt · $936M *With* [Rabobank](https://millionrounds.com/fund/rabobank)
- **5** Nov **[altM](https://millionrounds.com/company/altm)** Series A · $10M *Led by* [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha)
- **2** Nov **[Lightyears](https://millionrounds.com/company/lightyears)** Other · $174M *With* [Obayashi Corporation](https://millionrounds.com/fund/obayashi-corporation)
- **29** Oct **[Venttup](https://millionrounds.com/company/venttup)** Pre-seed · $3M *Led by* [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha)
- **28** Oct **[Foundry Robotics](https://millionrounds.com/company/foundry-robotics)** Series A · $100M *With* [SE Ventures](https://millionrounds.com/fund/se-ventures)

## Stages This Year

400 rounds

- Series A **21%**
- Seed **16%**
- Series B **12%**
- Venture **11%**
- Debt **10%**
- Other **30%**

## What They Backed

Sectors, last 12 months

- AI **123**
- Fintech **45**
- Biotech **29**
- Financial Services **27**
- Energy **26**
- Big Data & Analytics **24**

## Cheques by Quarter

Led Joined

108 Q1 25

105 Q2 25

138 Q3 25

136 Q4 25

152 Q1 26

106 Q2 26

87 Q3 26

37 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai)
- [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech)
- [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data)
- [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech)
- [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics)
- [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction)
- [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy)
- [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai)
- [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in food and agriculture

- How Stella Saved the Farm: A Tale About Making Innovation Happen Vijay Govindarajan · 2011 3.66 from 1,331 ratings on Goodreads Food and agriculture Innovation Company building About the book How Stella Saved the Farm is a simple parable about making innovation happen, written by the authors of the New York Times bestselling Reverse Innovation: Create Far From Home, Win Everywhere, Vijay Govindarajan and Chris Trimble. This story resonates in organizations of all… On AmazonListen on Audible
- Anyone Can Do It: Building Coffee Republic from Our Kitchen Table - 57 Real-Life Laws on Entrepreneurship Sahar Hashemi · 2002 4.12 from 581 ratings on Goodreads Food and agriculture Company building About the book Anyone Can Do It chronicles the start and evolution of a successful business dream. Beginning with the Hashemi siblings' first conversations (when the seed of the idea was planted) it follows the progress of Coffee Republic from business plan to the present day. Coffee Republic… On AmazonListen on Audible
- When Coffee & Kale Compete: Become Great at Making Products People Will Buy Alan Klement · 2016 4.00 from 704 ratings on Goodreads Food and agriculture Company building About the book A Job to be Done is the process a consumer goes through whenever she aims to transform her existing life-situation into a preferred one, but cannot because there are constraints that stop her. When Coffee and Kale Compete by Alan Klement helps you become better at creating and… On AmazonListen on Audible
- The Great A&P and the Struggle for Small Business in America Marc Levinson · 2011 3.93 from 603 ratings on Goodreads Food and agriculture Company building About the book One of The Wall Street Journal's Best Non fiction Books of 2011. From modest beginnings as a tea shop in New York, the Great Atlantic & Pacific Tea Company became the largest retailer in the world. It was a juggernaut, the first retailer to sell $1 billion in goods, the owner… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=food).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about corporate VCs backing Food & Beverage

### Who are the most active corporate VCs backing Food & Beverage?

By cheques observed, the most active are Google Ventures, Endeavor Catalyst, Z Venture Capital, Rabobank and SE Ventures.

### How many corporate VCs backing Food & Beverage are there?

29 are on record. 86% made an investment in the last 12 months and 48% have led a round.

### Which stages do corporate VCs backing Food & Beverage back?

Of the rounds with a named stage in the last 12 months, mostly Series A (25%) and Seed (20%).

### How big are the rounds corporate VCs backing Food & Beverage join?

The typical (median) round among the leading investors here is $10M.

### Which sectors do corporate VCs backing Food & Beverage back most?

In the last 12 months, mostly AI, Fintech and Biotech.

### Which corporate VCs backing Food & Beverage lead the most rounds?

Google Ventures (33 led), Dell Technologies Capital (12 led) and Bertelsmann India Investments (7 led).

### Where are corporate VCs backing Food & Beverage based?

Among the most active, most are based in the United States (9), India (4) and Japan (2).

### What have corporate VCs backing Food & Beverage invested in recently?

Recent rounds include T-Therapeutics (Series B, Nov 2026, with British Business Bank), Return (Debt, Nov 2026, with Rabobank) and altM (Series A, Nov 2026, with Rainmatter by Zerodha).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)