# PE firms backing Foodtech (2026 list)

> 17 PE firms backing Foodtech, 71% active in the last 12 months. Led by Gaingels, Goldman Sachs, L Catterton. Ranked by what they funded.

Source: https://millionrounds.com/lists/pe-firms-foodtech (Millionrounds; every figure on the page links to its filing or article)

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

# PE firms backing Foodtech

Updated 7 November 2026

PE firms we have observed in a foodtech round in the last two years.

[See all 17 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-foodtech)The top 17

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

**311** cheques in 12 months *0%* against the market

**$35M** median round they joined *+342%* against the market median

**71%** wrote a cheque in 12 months

**47%** have led a round

## The Top 17

Ordered by cheques observed, never by anything anyone paid for

Deploying now (12)

- 1 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen
- 2 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) *Deploying now* Private equity · United States **758** **$73M** median round **Oct 2026** last seen
- 3 [L Catterton](https://millionrounds.com/fund/l-catterton) *Deploying now* Private equity · United States **110** **$34M** median round **Oct 2026** last seen
- 4 [Vista Equity Partners](https://millionrounds.com/fund/vista-equity-partners) *Deploying now* Private equity · United States **64** **$40M** median round **Oct 2026** last seen
- 5 [UI Investissement](https://millionrounds.com/fund/ui-investissement) *Deploying now* Private equity · France **52** **$5.6M** median round **Jul 2026** last seen
- 6 [Blue Horizon](https://millionrounds.com/fund/blue-horizon) *Deploying now* Private equity · Switzerland **45** **$5.3M** median round **Sept 2026** last seen
- 7 [Lead Edge Capital](https://millionrounds.com/fund/lead-edge-capital) *Deploying now* Private equity · United States **31** **$35M** median round **Feb 2026** last seen
- 8 [Invest-NL](https://millionrounds.com/fund/invest-nl) *Deploying now* Private equity · Netherlands **16** **$35M** median round **Nov 2026** last seen
- 9 [Trustbridge Partners](https://millionrounds.com/fund/trustbridge-partners) quiet Growth equity · China **13** **$30M** median round **May 2025** last seen
- 10 [J.P. Morgan Asset Management](https://millionrounds.com/fund/j-p-morgan-asset-management) *Deploying now* Growth equity · United States **8** **$188M** median round **Jun 2026** last seen
- 11 [Joseph Stone Capital](https://millionrounds.com/fund/joseph-stone-capital) quiet Growth equity **1** **$50M** median round **Mar 2025** last seen
- 12 [3Spoke Capital](https://millionrounds.com/fund/3spoke-capital) quiet Growth equity **1** **$50M** median round **Mar 2025** last seen
- 13 [KIBOW](https://millionrounds.com/fund/kibow) *Deploying now* Growth equity **1** **-** median round **Oct 2026** last seen
- 14 [Madeli](https://millionrounds.com/fund/madeli) quiet Growth equity **1** **$35M** median round **Sept 2025** last seen
- 15 [NCB Venture Capital](https://millionrounds.com/fund/ncb-venture-capital) *Deploying now* Growth equity **1** **-** median round **Oct 2026** last seen
- 16 [Pinegrove Capital Partners](https://millionrounds.com/fund/pinegrove-capital-partners) quiet Growth equity **1** **$50M** median round **Mar 2025** last seen
- 17 [Regional Kyosai Capital](https://millionrounds.com/fund/regional-kyosai-capital) *Deploying now* Growth equity **1** **-** median round **Oct 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[VÆRIDION](https://millionrounds.com/company/v-ridion)** Series A · $34M *Led by* [Invest-NL](https://millionrounds.com/fund/invest-nl)
- **29** Oct **[Solink](https://millionrounds.com/company/solink)** Growth · $100M *With* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs)
- **27** Oct **[Hyperbolic](https://millionrounds.com/company/hyperbolic)** Series A · $30M *With* [Vista Equity Partners](https://millionrounds.com/fund/vista-equity-partners)
- **26** Oct **[Glance](https://millionrounds.com/company/glance)** Other *Led by* [L Catterton](https://millionrounds.com/fund/l-catterton)
- **26** Oct **[SpaceX](https://millionrounds.com/company/spacex)** Debt · $40B *Led by* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs)
- **15** Oct **[North Cloud Holdings Inc.](https://millionrounds.com/company/north-cloud-holdings-inc)** Series B · $60M *With* [Gaingels](https://millionrounds.com/fund/gaingels)

## Stages This Year

304 rounds

- Venture **24%**
- Debt **16%**
- Series A **13%**
- Series B **8%**
- Series C **8%**
- Other **31%**

## What They Backed

Sectors, last 12 months

- AI **87**
- Aerospace & Space **35**
- Fintech **31**
- Biotech **22**
- Financial Services **21**
- Big Data & Analytics **16**

## Cheques by Quarter

Led Joined

87 Q1 25

84 Q2 25

83 Q3 25

97 Q4 25

105 Q1 26

88 Q2 26

65 Q3 26

14 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 PE firms backing Foodtech

### Who are the most active PE firms backing Foodtech?

By cheques observed, the most active are Gaingels, Goldman Sachs, L Catterton, Vista Equity Partners and UI Investissement.

### How many PE firms backing Foodtech are there?

17 are on record. 71% made an investment in the last 12 months and 47% have led a round.

### Which stages do PE firms backing Foodtech back?

Of the rounds with a named stage in the last 12 months, mostly Debt (25%) and Series A (21%).

### How big are the rounds PE firms backing Foodtech join?

The typical (median) round among the leading investors here is $35M.

### Which sectors do PE firms backing Foodtech back most?

In the last 12 months, mostly AI, Aerospace & Space and Fintech.

### Which PE firms backing Foodtech lead the most rounds?

Goldman Sachs (22 led), L Catterton (6 led) and Vista Equity Partners (5 led).

### Where are PE firms backing Foodtech based?

Among the most active, most are based in the United States (6), France (1) and Switzerland (1).

### What have PE firms backing Foodtech invested in recently?

Recent rounds include VÆRIDION (Series A, Nov 2026, with Invest-NL), Solink (Growth, Oct 2026, with Goldman Sachs) and Hyperbolic (Series A, Oct 2026, with Vista Equity Partners).

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