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FF2032 is the corporate venture fund of Lotus Bakeries, specializing in growth equity investments within the food and beverage sector. It targets promising brands developing innovative products and technologies, primarily in the "better-for-you" segment. The fund provides capital to help companies scale their market presence and product development.
Established in 2019, FF2032 arose from Lotus Bakeries' strategic intent to foster new food and beverage innovation. Its creation reflected the insight that investing in pioneering brands could enhance its parent company's market position. The fund's inception is attributed to leadership foresight in engaging with evolving industry trends.
FF2032 invests in food and beverage companies addressing modern consumer demands for healthier options. Its vision is to build a robust investment platform, identifying and scaling businesses that are shaping the future of food. It seeks to cultivate a network of innovative entities, driving advancements within the global food industry.
FF2032 has 1 tracked investment across 1 company. The latest tracked deal is $11.5M Series B in Partake Foods in October 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 4, 2022 | Partake Foods | $11.5M Series B | — | Black Capital, Black Star Fund, CircleUp, Cleveland Avenue, Fearless Fund, Kaya Ventures, Marcy Venture Partners, Supply Change Capital |