About Danone Manifesto Ventures
Danone Manifesto Ventures is a venture capital firm founded in 2016. It is primarily based out of New York City, United States. As of Mar 2026, Danone Manifesto Ventures is an active investor, having invested in 26 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Food and Agriculture Tech to Retail and High Tech. Most recently it participated in the $***** Series B round of Standing Ovation Overall, Danone Manifesto Ventures portfolio has seen 1 IPO and 3 acquisitions including key companies like Laird Superfood, Harmless Harvest and Agricool. A lot of funds co-invest with Danone Manifesto Ventures, with names like Mousse Partners sharing a substantial percentage of its portfolio. Danone Manifesto Ventures has team of 3 people.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 3 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Danone Manifesto Ventures' List of Top Investments
Danone Manifesto Ventures has a portfolio of 26 companies. Their most notable investments are in Laird Superfood and Wilk.Their portfolio spans across United States, France, Israel and 3 more locations. They have invested in Food and Agriculture Tech, Retail, High Tech and 7 other sectors, across stages such as Series A, Series B and 3 more. Here is the list of top investments by Danone Manifesto Ventures:
1. Epigamia
Manufacturer of dairy and plant based yogurt and beverage products. The product range includes Greek yogurt, curd, lactose-free dairy items, and coconut milk-based alternatives. These food items are distributed through online channels and retail platforms.
Key facts about Epigamia
- Founded Year: 2007
- Location: Mumbai (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $93.9M
- Employee Count: 251 as on May 31, 2026
- Investors: Verlinvest, Innoven Capital and 52 Others
- Latest Funding Round: Angel, Dec 04, 2023, $*****
- Highlight: Editors' Pick
Provider of food vending machines. It provides a network of automated smart vending machines dispensing meals and snacks. Its menu includes salads, sandwiches, and snacks.
Key facts about Farmer's Fridge
- Founded Year: 2013
- Location: Chicago (United States)
- Stage: Series D
- Total Funding till date: $82.6M
- Employee Count: 431 as on Aug 31, 2026
- Investors: DNS Capital, Innovation Endeavors and 16 Others
- Latest Funding Round: Conventional Debt, Apr 12, 2021, $*****
- Highlight: Editors' Pick
Provider of fungi based dairy product. It offers fungi-based foods like non-dairy cream cheese, yogurt and meatless breakfast patties made by fermentation technology.
Key facts about Nature's Fynd
- Founded Year: 2012
- Location: Chicago (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $463M
- Employee Count: 93 as on Aug 31, 2026
- Investors: Generation Investment Management, Trinity Capital and 17 Others
- Latest Funding Round: Series C, Jul 12, 2021, $*****
- Highlight: Editors' Pick
4. Phenix
Provider of food waste management software solutions for businesses. It connects generators and collectors of second-life items. It allows waste generators, companies, and industries that want to sell off their old items, to connect to agencies that wish to buy these items. These include recycling companies, NGOs, and more.
Key facts about Phenix
- Founded Year: 2014
- Location: Paris (France)
- Stage: Series B
- Total Funding till date: $32.7M
- Employee Count: 566 as on Aug 31, 2026
- Investors: ETF Partners, Danone Manifesto Ventures and 16 Others
- Latest Funding Round: Series B, Sep 24, 2022, $*****
- Highlight: Editors' Pick
Plant-based superfood products designed to enhance daily rituals and fuel consumers. The company offers a range of plant-based products, including creamers, coffee, snacks, supplements, and hydration mixes, all crafted with clean, real-food ingredients. They emphasize sustained energy, immune support, and bioavailability through functional mushrooms, adaptogens, and prebiotic fibers. The company aims to provide convenient and delicious ways to incorporate superfoods into daily routines, promoting overall wellness and high performance. They offer subscription services, recipes, and a wellness hub to support customers on their health journeys. The company focuses on providing plant-based nutrition, superfood blends, and functional foods for energized, strengthened, and balanced lifestyles.
Key facts about Laird Superfood
- Founded Year: 2015
- Location: Sisters (United States)
- Annual Revenue: $10M - $50M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $56.8M
- Employee Count: 55 as on Aug 31, 2026
- Investors: WeWork, Danone Manifesto Ventures and 1 Other
- Latest Funding Round: Series B, Apr 23, 2020, $*****
- Highlight: Public
Danone Manifesto Ventures' Year-on-Year Investment Trends
Danone Manifesto Ventures has invested in 27 companies over the last 10 years, with an average of 2 new investments annually in the last 10 years. As of Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in Standing Ovation and most recent follow-on round was in Phenix.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 2 | 0 | 2 |
2022 | 3 | 2 | 5 |
2021 | 2 | 2 | 4 |
2020 | 7 | 3 | 10 |
2019 | 2 | 0 | 2 |
2018 | 5 | 0 | 5 |
2017 | 2 | 0 | 2 |
Danone Manifesto Ventures' Investments by Stage
Danone Manifesto Ventures has made 10 investments in Series A stage with an average round size of $10M, 7 investments in Series B stage with an average round size of $19.4M, 5 investments in Seed stage with an average round size of $5.68M, 2 investments in Series C stage with an average round size of $18.4M and 1 investment in PE stage.Stage of entry | No. of Investments |
|---|---|
Series A | 10 |
Series B | 7 |
Seed | 5 |
Series C | 2 |
PE | 1 |
Note: We have considered here, only first round of investments
Danone Manifesto Ventures' Investments by Sector
Danone Manifesto Ventures has a diverse portfolio, with companies operating in the Food and Agriculture Tech, Consumer Goods, Food and Agriculture, Sustainability Tech and High Tech. Notably, it has invested in 18 Tech companies, 16 Consumer (B2C) companies, 4 Enterprise (B2B) companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
Food and Agriculture Tech | 14 |
Consumer Goods | 9 |
Food and Agriculture | 8 |
Sustainability Tech | 7 |
High Tech | 5 |
Others | 19 |
Note: We have considered here, only first round of investments
Danone Manifesto Ventures' Investments by Geography
Danone Manifesto Ventures has made most investments in United States (13), followed by France where it has made 6 investments.Country | No. of Investments |
|---|---|
United States | 13 |
France | 6 |
Israel | 2 |
United Kingdom | 2 |
Germany | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Danone Manifesto Ventures' recent investments
Danone Manifesto Ventures has made 1 investments in 2026 so far - Standing Ovation.Here are the most recent investments by Danone Manifesto Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 31, 2026 | France | Series B | 7488 | ||
Apr 26, 2023 | Israel | Seed | 4604 | - | |
Apr 03, 2023 | Israel | Series A | 6136 | [+1] | |
Sep 24, 2022 | France | Series B | 1281 | ||
Jun 23, 2022 | United States | Series A | 4163 | [+4] |
IPOs and Publicly Listed companies in Danone Manifesto Ventures' Portfolio
1 of Danone Manifesto Ventures' portfolio company became public - Laird Superfood. It got listed on the American Stock Exchange (NYSEAMERICAN), in Sep 2020 at marketcap of $184MHere are Danone Manifesto Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 23, 2020 | Apr 23, 2020 | Series B | 8939 |
Acquired companies in Danone Manifesto Ventures' Portfolio
3 companies from Danone Manifesto Ventures' portfolio have been acquired. The most recent acquisition was Agricool in Jun 2022 by Vif Systems for $*****.Here are Danone Manifesto Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 02, 2022 | Dec 03, 2018 | Series B | 4905 | |
Jun 30, 2021 | Feb 01, 2018 | Series B | 4836 | |
Apr 18, 2019 | 2016 | PE | 7681 |
Team profile of Danone Manifesto Ventures
Danone Manifesto Ventures has a team of 3 members. Danone Manifesto Ventures' team does not sit on the board of any company as of now.Co-investors of Danone Manifesto Ventures
Over the past 10 years, 177 investors have co-invested in Danone Manifesto Ventures's portfolio companies. This includes funds and angels.
- Invested before Danone Manifesto Ventures: Bpifrance, PeakBridge and 88 others have invested in rounds before Danone Manifesto Ventures. There are 2 companies where Bpifrance has invested before Danone Manifesto Ventures and 2 companies where PeakBridge has invested before Danone Manifesto Ventures.
- Top Co-investors of Danone Manifesto Ventures: 57 investors entered a company along with Danone Manifesto Ventures. These include investors like Mousse Partners (2 companies).
- Invested after Danone Manifesto Ventures: A total of 30 investors have invested in Danone Manifesto Ventures's portfolio after their investments. Top Investors include Europa (3 companies), EIC Fund (2 companies) and Grand Anicut (1 company).
Recent News related to Danone Manifesto Ventures
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Standing Ovation raises €25M in Series BLes Echos•Mar 31, 2026•Newtree Impact, Bpifrance, Good Startup, Crédit Mutuel Innovation and 7 others
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Standing Ovation Raises $34.2M to Commercialize Dairy Protein TechnologyGlobeNewswire•Mar 31, 2026•Bpifrance, Crédit Mutuel Innovation, Standing Ovation, Bel Group and 9 others
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Danone teams up with Chr Hansen on dairy and plant-based innovation as part of Partner for Growth initiativeFoodNavigator•Sep 19, 2023•Danone, Chr. Hansen, Danone Manifesto Ventures
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Wilk Receives $3.5m From Danone, Steakholder Foods, & Coca Cola IsraelVegan Business Magazine•Apr 05, 2023•Wilk, Danone, Steakholder Foods, The Coca-Cola and 1 other
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Phenix Raises €15M in FundingFinSMEs•Sep 30, 2022•Phenix, BNP Paribas, Lombard Odier, BNP Paribas Asset Management and 4 others
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Danone ventures arm invests in seaweed-based methane busting feed additiveFeedNavigator•Jun 27, 2022•Danone Manifesto Ventures, Danone, Symbrosia, Pacific6 and 5 others
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Symbrosia Raises $7 Million in Series A Funding to Scale Nature’s Solution to Agriculture's Largest Unsolved Climate ChallengeBusiness Wire•Jun 23, 2022•Symbrosia, Danone Manifesto Ventures, Pacific6, Hatch and 3 others
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Oat Milk, Coffee Brand Minor Figures Lands Investment from Danone Manifesto VenturesBevNET.com•Jun 14, 2022•Minor Figures, Danone Manifesto Ventures, Danone, Green Monday
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Splendid Spoon Raises $12M in Series B FundingFinSMEs•Feb 09, 2022•Splendid Spoon, Nicoya Life, Danone Manifesto Ventures, Torch Capital and 6 others
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Nature's Fynd closes $350M investment roundFood Dive•Jul 19, 2021•Nature's Fynd, SoftBank Vision Fund, Blackstone, Balyasny Asset Management and 10 others
