About Clay Capital
Clay Capital is a venture capital firm founded in 2013. It is primarily based out of Singapore, Singapore. As of Sep 2025, Clay Capital is an active investor, having invested in 18 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in France based startups. Its investments are spread across a wide range of sectors from Food and Agriculture Tech to High Tech and Consumer. Most recently it participated in the $***** Series A round of Scindo Overall, Clay Capital portfolio has seen 1 unicorn, namely Ynsect. A lot of funds co-invest with Clay Capital, with names like Peregrine Ventures sharing a substantial percentage of its portfolio. Clay Capital has team of 13 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 1 more
Portfolio Unicorns
Portfolio Soonicorns
Clay Capital's List of Top Investments
Clay Capital has a portfolio of 18 companies, one of which is a Unicorn. Their most notable investments are in Ynsect and Scindo.Their portfolio spans across France, United Kingdom, Israel and 6 more locations. They have invested in Food and Agriculture Tech, High Tech, Consumer and 7 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by Clay Capital:1. Aleph Farms
Develops lab-cultured meat products using beef cells. Its product offerings include ground meat, beef burger patties, steaks, etc. The company uses proprietary 3D bioprinting technologies by using fat cells, support cells, muscle cells, and blood vessel cells to develop tissues and further into meat products. Claims that the process takes 3 weeks to develop the meat in bioreactors.
Key facts about Aleph Farms
- Founded Year: 2017
- Location: Ashdod (Israel)
- Stage: Series B
- Total Funding till date: $118M
- Employee Count: 57 as on Jul 31, 2026
- Investors: La Maison Partners, Lansdowne Partners and 55 Others
- Latest Funding Round: Series B, Jun 07, 2023, $*****
- Highlight: Editors' Pick
2. Nuritas
Developer of natural active ingredients with scientifically proven health benefits. It offers functional ingredients in the food that have various therapeutic qualities, including the management of chronic metabolic syndromes using its proprietary discovery platform based on artificial intelligence and genomics. The company offers ingredients by using AI-based technology and peptidomics for discovering bioactive peptides with health benefits.
Key facts about Nuritas
- Founded Year: 2014
- Location: Dublin (Ireland)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $113M
- Employee Count: 71 as on Jul 31, 2026
- Investors: Vertex Holdings, Advisors.Fund and 46 Others
- Latest Funding Round: Series C, Dec 20, 2024, $*****
- Highlight: Editors' Pick

3. Ynsect
Pioneering insect-based solutions for sustainable food, feed, and plant nutrition, the company is revolutionizing the alternative food industry with mealworm-based products. They focus on creating a safer, healthier, and more sustainable food system by producing more food with less environmental impact. Their mealworms are used to create nutritious and sustainable ingredients for animals, people, and plants, offering a high-quality source of protein, vitamins, and minerals. They leverage advanced technology, including vertical farms, robotics, computer vision, and AI, to optimize their processes and ensure maximum health, growth, and productivity. The company aims to provide functional and scalable solutions for global food systems, promoting sustainability and nutritional value across the food chain. They are committed to innovation, research, and development in the insect-based food sector, driving positive change in the way we produce and consume food.
Key facts about Ynsect
- Founded Year: 2011
- Location: Paris (France)
- Annual Revenue: €10M - €50M as on Dec 31, 2021
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $625M
- Employee Count: 135 as on Jul 31, 2026
- Investors: BNP Paribas, Demeter and 36 Others
- Latest Funding Round: Series D, Apr 17, 2023, $*****
- Highlight: Editors' Pick
4. MiAlgae
MiAlgae is a company engaged in the development and supply of microalgae based livestock feed supplements. The company produces its products through remediation of wastewater and offers its products as nutrient supplements in livestock feeds. The comapny claims that its products are high are in omega acids and proteins.
Key facts about MiAlgae
- Founded Year: 2016
- Location: Edinburgh (United Kingdom)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $26.4M
- Employee Count: 63 as on Jun 30, 2026
- Investors: Hillhouse, Rabo Investments and 9 Others
- Latest Funding Round: Series A, Sep 19, 2024, $*****
- Highlight: Editors' Pick
Company growing and harvesting mycelium for food options. The comapny uses fermentation techniques to create food meals from the roots of mushrooms.
Key facts about Infinite Roots
Clay Capital's Year-on-Year Investment Trends
Clay Capital has invested in 18 companies over the last 12 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 2 investments. Its most recent first time investment was in Scindo and most recent follow-on round was in In Ovo.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 0 | 2 |
2024 | 3 | 0 | 3 |
2023 | 1 | 0 | 1 |
2022 | 0 | 1 | 1 |
2021 | 2 | 4 | 6 |
2020 | 1 | 1 | 2 |
2019 | 2 | 1 | 3 |
2018 | 3 | 0 | 3 |
2017 | 0 | 1 | 1 |
Clay Capital's Investments by Stage
Clay Capital has made 14 investments in Series A stage with an average round size of $11.6M, 1 investment in Seed stage with an average round size of $10.6M and 1 investment in Series B stage with an average round size of $6.86M.Stage of entry | No. of Investments |
|---|---|
Series A | 14 |
Seed | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Clay Capital's Investments by Sector
Clay Capital has a diverse portfolio, with companies operating in the Food and Agriculture Tech, Sustainability Tech, High Tech, Consumer and Enterprise Applications. Notably, it has invested in 15 Tech companies, 11 Enterprise (B2B) companies, 6 Consumer (B2C) companies and at least 3 companies focusing on Software.Sector | No. of Investments |
|---|---|
Food and Agriculture Tech | 10 |
Sustainability Tech | 5 |
High Tech | 4 |
Consumer | 2 |
Enterprise Applications | 2 |
Others | 10 |
Note: We have considered here, only first round of investments
Clay Capital's Investments by Geography
Clay Capital has made most investments in France (3), followed by Israel where it has made 3 investments.Country | No. of Investments |
|---|---|
France | 3 |
Israel | 3 |
United Kingdom | 3 |
Germany | 2 |
Australia | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Clay Capital's recent investments
Clay Capital has not made any investment in 2026 so far.Here are the most recent investments by Clay Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 23, 2025 | United Kingdom | Series A | 3862 | [+6] | |
Apr 17, 2025 | Indonesia | Series A | 5055 | [+4] | |
Sep 19, 2024 | United Kingdom | Series A | 4222 | ||
Sep 12, 2024 | France | Series A | 2388 | [+4] | |
Feb 20, 2024 | Israel | Series A | 1960 |
Unicorns in Clay Capital's Portfolio
Clay Capital has 1 unicorn in its portfolio - Ynsect. The most recent unicorn in their portfolio is Ynsect which became a unicorn in 2019, 4 years after Clay Capital first invested in it.Here is a list of unicorns in Clay Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Pioneering insect-based solutions for sustainable food, feed, and plant nutrition | 2011 | Paris | Series D | itxawcq |
Team profile of Clay Capital
Clay Capital has a team of 13 members including 6 Partners, 1 Venture Partner and 2 Principals located in Singapore, France and 1 more location. Clay Capital's team sits on the board of 2 companies.Here is a list of top team members in Clay Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | ||
Partner | Paris | |||
Partner | Paris | - | ||
Partner | Singapore | - | ||
Partner | Singapore | - | - | |
Partner | Singapore | - | - | |
Venture Partner | United Kingdom | |||
Principal | Singapore | - | ||
Principal | Singapore | - |
Co-investors of Clay Capital
Over the past 12 years, 179 investors have co-invested in Clay Capital's portfolio companies. This includes funds and angels.
- Invested before Clay Capital: Europa, EIC Fund and 46 others have invested in rounds before Clay Capital. There are 3 companies where Europa has invested before Clay Capital and 2 companies where EIC Fund has invested before Clay Capital.
- Top Co-investors of Clay Capital: 51 investors entered a company along with Clay Capital. These include investors like Peregrine Ventures (1 company).
- Invested after Clay Capital: A total of 80 investors have invested in Clay Capital's portfolio after their investments. Top Investors include EIC Fund (5 companies), Europa (3 companies) and Thai Union Group (2 companies).
Recent News related to Clay Capital
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Scindo Secures €4.5 Million to Advance AI Enzyme PlatformStartup Rise EU•Sep 24, 2025•Clay Capital, SynBioVen, Kadmos, IndieBio and 8 others
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Nxtfood Secures $58M in Europe's Largest Plant-Based Meat Funding Round in 2025Green Queen•Sep 22, 2025•Ird, Clay Capital, Roquette, Creadev and 4 others
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Eratani Secures $6.2M in Series A Funding to Transform Indonesian Rice SectorTechNode•Apr 21, 2025•Eratani, Clay Capital
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WeedOUT Raises USD8.1M in Series A FundingFinSMEs•Feb 20, 2024•WeedOUT, Fulcrum Global Capital, Bunge, Clay Capital and 2 others
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VisVires New Protein rebrands as Clay Capital, closes $145m second fundAgFunderNews•Oct 31, 2023•Clay Capital, Toopi Organics, WeedOUT, Cook-e

