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Tet Ventures

Europe, Berlin, Germany, Berlin

Description

Tet Ventures is a prominent venture capital firm based in Berlin, Germany, dedicated to fostering innovation within the global food technology ecosystem. The firm positions itself as one of the most active investors in the space, driven by a mission to support entrepreneurial teams and groundbreaking technologies that are building a more sustainable, efficient, and equitable food system. Their investment philosophy is centered on addressing critical challenges across the entire food value chain, from production to consumption.

The firm's investment scope is comprehensive, targeting a wide array of sub-sectors within food tech. This includes pioneering advancements in alternative proteins, promoting sustainable agriculture practices, developing solutions for food waste reduction, enhancing food safety and traceability, and enabling personalized nutrition. Tet Ventures also focuses on optimizing food supply chains and supporting the emergence of next-generation food delivery models. They primarily engage with companies at their crucial early stages, investing in pre-seed, seed, and select Series A rounds, indicating a commitment to nurturing nascent ventures from their foundational phases.

Tet Ventures demonstrates a clear investment strategy regarding capital deployment. Their typical initial check sizes range from approximately $270,000 (€250,000) to $1.08 million (€1 million), providing substantial early-stage capital to promising startups. Beyond initial investments, the firm also allocates significant capital for follow-on rounds, with potential commitments reaching up to $2.7 million (€2.5 million) per company, showcasing a long-term partnership approach. As of early 2024, their portfolio reflects a robust activity, with over 20 investments made across various food tech innovations globally, solidifying their reputation as a key player in the sector.

Investor Profile

Tet Ventures has backed more than 36 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Germany, United Kingdom.
  • Strong thematic focus on Food and Beverage, Biotechnology, E-Commerce.
  • Typical check size: $270K – $1.1M.

Stage Focus

  • Seed (44%)
  • Pre Seed (22%)
  • Series A (11%)
  • Series Unknown (8%)
  • Series B (8%)
  • Convertible Note (6%)

Country Focus

  • United States (67%)
  • Germany (11%)
  • United Kingdom (6%)
  • France (3%)
  • Pakistan (3%)
  • The Netherlands (3%)
  • Austria (3%)
  • Israel (3%)
  • Canada (3%)

Industry Focus

  • Food And Beverage
  • Biotechnology
  • E-commerce
  • Organic Food
  • Food Processing
  • Software
  • Food Delivery
  • Life Science
  • Manufacturing
  • Alternative Protein
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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 Tet Ventures frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 2
Possible Ventures
Europe, Bayern, Germany, Munich
Co-Investments: 2
HackCapital
Europe, Vaud, Switzerland, Lausanne
Co-Investments: 3
Springbank Collective
North America, New York, United States, New York
Co-Investments: 2
Nucleus Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 4
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 2
TenOneTen Ventures
North America, California, United States, Los Angeles
Co-Investments: 2
Construct Capital
North America, District of Columbia, United States, Washington
Co-Investments: 2
Everywhere Ventures (The Fund)
North America, New York, United States, New York
Co-Investments: 2
Precursor Ventures
North America, California, United States, San Francisco
Co-Investments: 2

Which angels does Tet Ventures often collaborate with?

NB
North America, New York, United States, New York
Shared Deals: 1
J(
North America, California, United States, San Diego
Shared Deals: 1
Claire Diaz-Ortiz
South America, Distrito Federal, Argentina, Buenos Aires
Shared Deals: 1
BH
North America, California, United States, San Francisco
Shared Deals: 1
BJ
Europe, Ile-de-France, France, Paris
Shared Deals: 1
DS
North America, New York, United States, New York
Shared Deals: 1
NL
North America, California, United States, Menlo Park
Shared Deals: 1
AH
North America, California, United States, Los Angeles
Shared Deals: 1
MV
North America, New York, United States, New York
Shared Deals: 1
IA
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Tet Ventures?

Prolific Machines

San Francisco, California, United States

Prolific Machines is a biotech company developing cell technologies to redefine how cells are produced for a sustainable and healthy future.

BiotechnologyHealth CareLife ScienceTherapeutics
Series BJun 7, 2024
Amount Raised: $55,000,000
FORAY bioscience

Cambridge, Massachusetts, United States

FORAY bioscience is a biotechnology company that uses biomanufacturing techniques to produce wood products.

BiotechnologyManufacturingWood Processing
SeedMar 14, 2024
Amount Raised: $3,413,246
Afterlife Ag

Brooklyn, New York, United States

Afterlife Ag is to prevent food waste from going into landfills.

AgricultureAgTechEnvironmental ConsultingFarmingWaste Management
SeedFeb 27, 2024
Amount Raised: $1,135,000
RevivBio

Frederick, Maryland, United States

RevivBio is a biotechnology company that focuses on microbial innovation.

BiotechnologyLife ScienceMedical
Series UnknownDec 29, 2023
Amount Raised: $2,954,976
Chef Robotics

San Francisco, California, United States

Chef Robotics is a robotics and artificial intelligence company serving the food industry.

Artificial Intelligence (AI)Food and BeverageMachine LearningRobotics
SeedAug 26, 2023
Amount Raised: $11,150,000
Farmless

Amsterdam, Noord-Holland, The Netherlands

Planet friendly proteins made from renewable energy through fermentation.

BiotechnologyFarmingFood and Beverage
Pre SeedMay 10, 2023
Amount Raised: $1,317,951
Arkeon Biotechnologies

Tulln, Niederosterreich, Austria

Arkeon Bio is a biotechnology company that captures CO2 from industry and converts inorganic gases into organic food.

BiotechnologyOrganic Food
SeedDec 23, 2022
Amount Raised: $4,266,808
Black Sheep Foods

San Francisco, California, United States

Black Sheep Foods is a plant-based meat company that produces animal meats for the lamb alternative.

Alternative ProteinFood and BeverageNutritionOrganic Food
Series ADec 8, 2022
Amount Raised: $12,300,000
Concert Bio

London, England, United Kingdom

Concert Bio helps businesses create optimal microbial communities.

Biotechnology
Pre SeedAug 1, 2022
Amount Raised: $1,750,000
Impetus Agriculture

St Louis, Missouri, United States

Impetus Agriculture focuses on developing multiple topical or transgenic insect control products.

AgricultureProduct ResearchSustainability
Convertible NoteJul 12, 2022
Amount Raised: $2,000,000