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§ Venture Capital · Shanghai, Shanghai, China
Chinese food producer and investor in plant-based food innovations, funding startups developing sustainable meat alternatives for consumer markets.
Esenagro is a Chinese food producer based in China that actively invests in plant-based food innovations and sustainable meat alternatives for the broader market. The organization operates primarily within the agricultural technology and alternative protein sectors, generating revenue through traditional food production while seeking financial returns via strategic venture capital investments. The firm targets global food markets and has notably backed the Australian plant-based meat startup v2food alongside prominent co-investors such as Temasek, Sequoia Capital China, and Horizons Ventures. In October 2020, the firm participated in v2food's AU$77 million (US$55 million) Series B financing round, establishing itself as a heavyweight Asian investor in the alternative protein space. This specific transaction contributed to the portfolio company reaching $100 million in total funding at the time, though Esenagro's own founding year and original founders currently remain undisclosed.
Esenagro has 1 tracked investment across 1 company. The latest tracked deal is $54.0M Series B in v2food in October 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2020 | v2food | $54.0M Series B | — | Main Sequence Ventures, David Heng, Altitude Partners, China Renaissance, Horizons Ventures, Marinya Capital, Novel Investments, Sequoia Capital, Temasek |