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Lever VC

North America, Connecticut, United States, Brooklyn

Description

Lever VC is a specialized venture capital firm exclusively focused on the alternative protein sector, encompassing plant-based, cultivated meat, and fermentation-derived proteins. Based in Brooklyn, New York, the firm positions itself as a global leader in funding the future of food, addressing environmental sustainability and animal welfare concerns through technological innovation. Their investment thesis centers on identifying and nurturing early-stage companies with disruptive technologies and strong market potential within this rapidly expanding industry.

Lever VC primarily targets Seed and Series A rounds, providing crucial capital to companies transitioning from research and development to commercialization or scaling operations. The firm successfully closed its inaugural fund, Lever VC Fund I, at $80 million in 2021, significantly exceeding its initial $50 million target. This strong performance underscored investor confidence in the alternative protein market and Lever VC's specialized approach. Building on this success, they launched Lever VC Fund II in 2023, aiming for a $100 million close to further expand their investment capacity.

With a global mandate, Lever VC has built a diverse portfolio of over 50 companies across North America, Europe, and Asia. Their typical initial check sizes range from $500,000 to $3 million, demonstrating their commitment to early-stage development while also reserving capital for follow-on investments in high-performing portfolio companies. The firm is not merely a capital provider but also leverages its deep industry expertise and network to support its portfolio companies with strategic guidance, market access, and operational insights, aiming to accelerate their growth and impact in the sustainable food ecosystem.

Investor Profile

Lever VC has backed more than 43 startups, with 2 new investments in the last 12 months alone. The firm has led 15 rounds, about 35% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, China, United Kingdom.
  • Strong thematic focus on Food and Beverage, Food Processing, Biotechnology.
  • Led 1 rounds in the past year.
  • Typical check size: $500K – $3M.

Stage Focus

  • Seed (53%)
  • Series A (26%)
  • Pre Seed (9%)
  • Series Unknown (5%)
  • Convertible Note (2%)
  • Angel (2%)
  • Series B (2%)

Country Focus

  • United States (35%)
  • China (23%)
  • United Kingdom (12%)
  • Hong Kong (9%)
  • Brazil (5%)
  • Canada (2%)
  • Singapore (2%)
  • Russian Federation (2%)
  • Sweden (2%)
  • Germany (2%)

Industry Focus

  • Food And Beverage
  • Food Processing
  • Biotechnology
  • Alternative Protein
  • Organic Food
  • Health Care
  • Manufacturing
  • Plant-based Foods
  • Sustainability
  • Nutrition
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Lever VC frequently co-invest with?

Good Startup
Asia, Central Region, Singapore, Singapore
Co-Investments: 4
Brinc
Asia, Hong Kong Island, Hong Kong, Central
Co-Investments: 3
HackCapital
Europe, Vaud, Switzerland, Lausanne
Co-Investments: 2
Thia Ventures
Europe, Geneve, Switzerland, Genève
Co-Investments: 3
Agronomics
Europe, South Lanarkshire, United Kingdom, Douglas
Co-Investments: 3
Mudcake
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 7
KBW Ventures
North America, California, United States, San Mateo
Co-Investments: 3
Humboldt Fund
North America, New York, United States, New York
Co-Investments: 2
CPT Capital
Europe, England, United Kingdom, London
Co-Investments: 4
Artesian VC
Oceania, Victoria, Australia, Melbourne
Co-Investments: 3

Which angels does Lever VC often collaborate with?

MC
North America, California, United States, Palo Alto
Shared Deals: 1
JJ
North America, New York, United States
Shared Deals: 1
VH
North America, New York, United States, New York
Shared Deals: 1
CE
Europe, Berlin, Germany, Berlin
Shared Deals: 1
JT
North America, Georgia, United States, Atlanta
Shared Deals: 1
MH
Europe, England, United Kingdom, London
Shared Deals: 1
GS
North America, California, United States, San Francisco
Shared Deals: 1
Sia Furler
Oceania, South Australia, Australia, Adelaide
Shared Deals: 1

What are some of recent deals done by Lever VC?

XOXO Soda

London, England, United Kingdom

XOXO Soda is a beverage company that produces plant-based drinks formulated with prebiotic fiber.

Food and BeverageNutritionWellness
Series UnknownApr 11, 2025
Amount Raised: $5,232,801
Gavan

Acre, HaZafon, Israel

Gavan produces natural proteins designed to improve the quality of food using natural resources.

BiotechnologyFood ProcessingNatural Resources
Series ADec 10, 2024
Amount Raised: $8,000,000
HerdDogg

Laramie, Wyoming, United States

HerdDogg develops data-driven livestock management to help ranchers track health and proximity data from their herd.

AgTechLivestockSustainability
Series AMar 26, 2024
Amount Raised: $6,000,000
Clever Carnivore

Chicago, Illinois, United States

Clever Carnivore is a cultivated meat company specializing in pork products, headquartered in Chicago, IL

Alternative ProteinBiotechnologyFood and BeverageManufacturing
SeedDec 4, 2023
Amount Raised: $7,000,000
HerdDogg

Laramie, Wyoming, United States

HerdDogg develops data-driven livestock management to help ranchers track health and proximity data from their herd.

AgTechLivestockSustainability
Series AOct 6, 2023
Amount Raised: $3,500,000
THIS

London, England, United Kingdom

THIS is a plant-based product brand that provides alternative meat products.

Alternative ProteinFood and BeverageFood ProcessingOrganicOrganic Food
Series BMar 7, 2023
Amount Raised: $11,827,055
New School Foods

Toronto, Ontario, Canada

New School Foods is a plant-based seafood company that makes no-compromise meat substitutes.

Food and BeverageSeafoodSustainability
SeedFeb 2, 2023
Amount Raised: $12,000,000
GROUNDED

London, England, United Kingdom

GROUNDED is a food and beverages company.

Food and BeverageFood ProcessingOrganic FoodSustainability
SeedDec 9, 2022
NuCicer

Davis, California, United States

Leveraging natural diversity and predictive breeding to deliver high-protein chickpea ingredients with added value in the agri-food system.

BioinformaticsBiotechnologyFood and BeverageFood ProcessingGenetics
SeedNov 3, 2022
Amount Raised: $2,500,000
Bond Pet Foods

Boulder, Colorado, United States

Bond Pet Foods makes pet food from real animal protein, without the animal by working with biotechnology.

BiotechnologyHealth CareNutritionPet
Series AJun 24, 2022
Amount Raised: $17,500,000