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S2G launched a new oceans and seafood strategy to support entrepreneurs in successfully developing scalable solutions.
S2G Ventures Launches Oceans and Seafood Strategy
(UNITED STATES, 8/13/2020)
S2G Ventures, a leading multi-stage investment firm focused on human health, climate change and planet health, announced today that it had launched an oceans and seafood investment team with commitments of up to $100 million to the strategy. In addition, the firm announced that Kate Danaher and Larsen Mettler have joined the firm as Managing Directors to manage the Oceans and Seafood strategy.
S2G's oceans and seafood strategy will seek to invest in early, venture, and growth stage companies globally across thematic areas including seafood and alternative protein sources, aquaculture and supply chain innovation, traceability/transparency, algae/seaweed, and ecosystem services.
Larsen Mettler.
S2G's backs trailblazing entrepreneurs that are improving the overall health and sustainability of the food system. We invest across the supply chain harnessing the power of food innovation to create better outcomes for people and the planet. For the last six years S2G has invested behind the founders of successful food and agriculture companies from soil to shelf including Beyond Meat, sweetgreen, Apeel Sciences, Greenlight Biosciences, MycoTechnology and many others. With the addition of the oceans and seafood strategy, S2G expands their mandate to include a more comprehensive scope across the food system and positions them to affect greater positive long-term social and environmental impact.
The ocean plays a critical role in the health of our planet. And the seafood industry is a critical protein source for over 3 billion people. The stability of the ocean and seafood sector are important for long-term human health. According to the United Nations Intergovernmental Panel on Climate Change, since 1970 the oceans have absorbed over 90 percent of excess heat trapped in Earth's climate system. This warming is causing significant changes in currents and sea levels, which affect the health of marine species, nearshore and deep ocean ecosystems, as well as weather systems across the globe.
S2G looks for companies that can take leadership positions in emerging and fast growing markets in the food and agriculture sector.
Entrepreneurs are working on significant advances in technology and science that will further enhance our understanding of species and habitats, and ultimately create more sustainable fishing and ecosystems. S2G launched the new oceans and seafood strategy to support these entrepreneurs in successfully developing scalable solutions to the challenges that threaten the health of our oceans and ultimately people and our planet.
Kate Danaher.
"We are excited to have Kate and Larsen joining our team to lead and launch this strategy," said Chuck Templeton, Managing Director of S2G Ventures. "They bring deep experience in working with entrepreneurs and are a great fit with our organization's culture and commitment to impact."
Kate Danaher, managing director at S2G said: "Joining S2G and building out a new strategy in oceans is very exciting. I am eager to be able to support some amazing entrepreneurs making real and necessary change in the oceans and seafood space. Larsen and I will seek out entrepreneurs that are disrupting the value chain of existing incumbents, as well as spin-out opportunities in collaboration with those incumbents."
"I look forward to accelerating the growth initiatives our investors and entrepreneurs are looking for from a strategic investment partner," said Larsen Mettler, managing director at S2G. "Kate and I bring complementary experience that will help us to be a value-added partner to entrepreneurs looking to build great businesses. Entrepreneurs in this sector are looking for more than just capital. Our skillset, in combination with S2G's value-added toolkit, make us a partner of choice."
S2G Ventures makes investments spanning the entire food supply chain from “soil to shelf,” finding the inflection points where innovation and capital can better align the food system to meet changing consumer demands.
About S2G Ventures
S2G Ventures is a multi-stage venture fund investing across the food, agriculture, oceans and seafood markets. The fund's mission is to catalyze innovation to meet consumer demands for healthy and sustainable food systems. S2G has identified sectors across the food system that are ripe for change, and is building a multi-stage portfolio including seed, venture and growth stage investments. Core areas of interest for S2G are agriculture, oceans, ingredients, infrastructure and logistics, IT and hardware, food safety and technology, retail and restaurants, and consumer brands.
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