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Cultivian Sandbox Ventures

North America, Illinois, United States, Chicago

Description

Cultivian Sandbox Ventures is a prominent venture capital firm headquartered in Chicago, Illinois, dedicated to fostering innovation within the food and agriculture technology sectors. The firm distinguishes itself by actively seeking out and investing in companies poised to disrupt the traditional agrifood value chain through cutting-edge technologies. Their investment thesis centers on solutions that enhance efficiency, improve sustainability, and address critical challenges facing global food systems, spanning areas such as precision agriculture, supply chain optimization, alternative proteins, and bio-based inputs.

The firm employs a flexible investment strategy, engaging with companies across various stages, from early-stage seed rounds to more mature growth equity opportunities. Cultivian Sandbox Ventures is known for its hands-on approach, often taking board seats and leveraging its deep industry expertise and extensive network to provide strategic guidance to its portfolio companies. This collaborative model aims to accelerate growth and facilitate market penetration for the innovative startups they back.

Financially, Cultivian Sandbox Ventures has demonstrated significant capacity and commitment to the agrifood space. In 2021, the firm successfully closed its third dedicated fund, Cultivian Sandbox Food & Agriculture Fund III, at an impressive $190 million. This latest fund brought the total capital raised across their three primary funds to approximately $420 million, underscoring their substantial financial firepower. Their robust portfolio includes investments in over 40 unique companies, reflecting their broad reach and impact in shaping the future of food and agriculture.

Cultivian Sandbox Ventures continues to be a pivotal player in the agrifood tech ecosystem, providing not just capital but also invaluable strategic partnership. Their consistent focus on transformative technologies and their track record of supporting successful ventures position them as a key enabler for the next generation of disruptive companies in this vital global industry.

Investor Profile

Cultivian Sandbox Ventures has backed more than 41 startups, with 0 new investments in the last 12 months alone. The firm has led 21 rounds, about 51% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series D rounds (top funding stages).
  • Majority of deals are located in United States, Ireland, Canada.
  • Strong thematic focus on Biotechnology, Agriculture, Farming.
  • Typical check size: $3M – $15M.

Stage Focus

  • Series A (39%)
  • Series B (24%)
  • Series D (10%)
  • Series C (10%)
  • Seed (10%)
  • Debt Financing (2%)
  • Series Unknown (2%)
  • Series E (2%)

Country Focus

  • United States (90%)
  • Ireland (5%)
  • Canada (2%)
  • Germany (2%)

Industry Focus

  • Biotechnology
  • Agriculture
  • Farming
  • Agtech
  • Software
  • Food And Beverage
  • Artificial Intelligence (Ai)
  • Analytics
  • Consumer Goods
  • Beauty
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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 Cultivian Sandbox Ventures frequently co-invest with?

Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 3
Pangaea Ventures
North America, Arizona, United States, Phoenix
Co-Investments: 4
Anterra Capital
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 3
Aliment Capital
North America, California, United States, Santa Monica
Co-Investments: 3
Northgate Capital
North America, California, United States, Danville
Co-Investments: 3
Cavallo Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Open Prairie
North America, Illinois, United States, Effingham
Co-Investments: 4
Middleland Capital
North America, District of Columbia, United States, Washington
Co-Investments: 5
Sandbox Industries
North America, Illinois, United States, Chicago
Co-Investments: 17
Radicle Growth
North America, California, United States, San Diego
Co-Investments: 3

Which angels does Cultivian Sandbox Ventures often collaborate with?

JR
North America, California, United States, Richmond
Shared Deals: 1
AZ
North America, Texas, United States, Austin
Shared Deals: 1
LS
North America, New York, United States, New York
Shared Deals: 1
JS
North America, California, United States, San Francisco
Shared Deals: 1
JF
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Cultivian Sandbox Ventures?

Debut

San Diego, California, United States

Debut is an innovation company that integrates biotechnology and brand creation to build sustainable beauty businesses.

BeautyBiotechnologyConsumer GoodsCosmeticsPersonal Health
Series BJun 2, 2023
Amount Raised: $40,000,000
Leaf Agriculture

Los Angeles, California, United States

Leaf Agriculture is the provider of a unified farm data API and it builds the future of food and agriculture.

AgricultureAgTechAnalyticsDeveloper APIsFarmingInformation TechnologyInternetSoftware
SeedMar 29, 2022
Amount Raised: $5,000,000
Full Harvest

San Francisco, California, United States

Full Harvest is a B2B marketplace for ugly and surplus produce that helps reduce food waste.

AgricultureB2BE-CommerceFarmingFood and BeverageMarketplaceRetailSustainability
Series BDec 17, 2021
Amount Raised: $23,000,000
Nuritas

Dublin, Dublin, Ireland

Nuritas combines artificial intelligence and genomics to discover and unlock natural bioactive peptides with extraordinary health benefits

Artificial Intelligence (AI)BioinformaticsBiotechnologyData Mining
Series BNov 11, 2021
Amount Raised: $44,990,847
Culture Biosciences

San Francisco, California, United States

Culture Biosciences develops automated bio-reactors that help companies optimize their manufacturing processes.

BiotechnologyCloud Data ServicesIndustrial AutomationRobotics
Series BOct 14, 2021
Amount Raised: $80,000,000
Yard Stick

Cambridge, Massachusetts, United States

Yard Stick is an in-situ soil carbon measurement technology that offers quantification of soil carbon stocks.

AgricultureAgTechEnvironmental EngineeringSustainability
SeedSep 17, 2021
Amount Raised: $5,000,000
Debut

San Diego, California, United States

Debut is an innovation company that integrates biotechnology and brand creation to build sustainable beauty businesses.

BeautyBiotechnologyConsumer GoodsCosmeticsPersonal Health
Series AAug 12, 2021
Amount Raised: $22,600,000
Copper Cow Coffee

Los Angeles, California, United States

Copper Cow Coffee is a Vietnamese coffee company that offers specialty Vietnamese coffee to offices and homes.

AgricultureCoffeeFood and Beverage
Series AMay 4, 2021
Amount Raised: $8,500,000
Leaf Agriculture

Los Angeles, California, United States

Leaf Agriculture is the provider of a unified farm data API and it builds the future of food and agriculture.

AgricultureAgTechAnalyticsDeveloper APIsFarmingInformation TechnologyInternetSoftware
SeedSep 22, 2020
Amount Raised: $2,000,000
Geltor

Emeryville, California, United States

One Platform, Many Proteins

Advanced MaterialsBeautyBiotechnologyFood and Beverage
Series BJul 27, 2020
Amount Raised: $91,300,000