1st Course Capital

1st Course Capital invests in scalable and capital-efficient business models and technological innovations that improve how food is grown, produced, and distributed. The firm is particularly interested in sectors such as food-agtech, healthcare, consumer products, and climate solutions. Its investment strategy emphasizes sustainability and health, aiming to create a positive impact on human health and the planet.

The firm seeks exceptional entrepreneurs who are addressing challenges in the food system, particularly those related to sustainability and health. 1st Course Capital looks for innovative solutions that enhance food production, distribution, and consumption. The firm prefers to invest in companies that demonstrate robust market potential and strong leadership, ensuring that their portfolio aligns with their mission of transforming the food system.

Investment stages include seed, seed-plus, and Series A, with check sizes ranging from $25,000 to $200,000. 1st Course Capital's geographic focus is primarily the United States, allowing it to engage closely with entrepreneurs and startups in the region.

1st Course Capital's portfolio includes a diverse range of companies that reflect its focus on transforming the food system. Notable portfolio companies include:

• AgriDigital: A commodity trading platform improving supply chain traceability and margins for farmers.
• BlueCart: Provides B2B e-commerce solutions for the foodservice industry.
• Bobbie: Produces infant formula using clean and transparent ingredients.
• Chiyo: Focuses on women's health with evidence-based nutrition.
• Dispatch Goods: Offers re-usable packaging for restaurant delivery and takeout.
• Ellement: Provides personalized prenatal supplements and customized support.
• Farmshelf: Develops smart indoor farms for businesses and consumers.
• Attane Health: Delivers personalized groceries and educational support for managing chronic health conditions.
• Gooder Foods: A pasta brand featuring well-sourced, better-for-you ingredients.
• Kosterina: A wellness brand specializing in high-antioxidant extra virgin olive oil.
• Lumen: Offers wellness shots made from climate-friendly superfoods.
• Maev: Innovates in dog care products.
• Tori: Automates communications between restaurants and customers.
• Whipnotic: Provides better-for-you, keto-friendly whipped cream.
• Pathwater: The first certified refillable and recyclable bottled water in aluminum packaging.
• Plant Based Co: Offers elevated plant-based deli products.
• GlacierGrid: Streamlines food safety compliance and inventory management.
• Up To Good: Produces a sparkling energy drink made with natural ingredients.

This diverse portfolio showcases 1st Course Capital's commitment to investing in companies that are not only innovative but also focused on sustainability and health within the food industry.

Peter Herz: General Partner at 1st Course Capital, Peter has extensive experience in venture capital and entrepreneurship. He has a strong background in food and agriculture investments, focusing on innovative solutions that address sustainability challenges.

Renske Lynde: General Partner, Renske brings a wealth of knowledge in consumer products and health-focused investments. Her expertise lies in identifying and supporting startups that are transforming the food system.

Doug Koob: Advisor at 1st Course Capital, Doug has a background in food technology and entrepreneurship. He provides valuable insights and guidance to portfolio companies navigating the complexities of the food industry.

Michiel Bakker: Advisor, Michiel has extensive experience in the food sector, focusing on sustainability and innovation. He supports the firm in identifying promising investment opportunities within the food system.

To pitch to 1st Course Capital, founders should visit their website at 1cc.vc. The firm prefers pitches that include a clear overview of the business model, market opportunity, and the team behind the startup. Founders should be prepared to discuss their strategies for addressing sustainability and health challenges in the food system.

Response times may vary, but entrepreneurs can expect to receive feedback on their pitches. Warm introductions are encouraged, as they can facilitate a more favorable review process.

1st Course Capital has made significant strides in the venture capital space since its founding in 2019. The firm has invested in 21 companies, primarily in seed rounds, focusing on startups that address sustainability and health challenges in the food system.

Recent notable investments include GOODLES, a healthy mac & cheese brand, and PATH, which focuses on sustainable packaging solutions. Additionally, Whipnotic, known for its keto-friendly whipped cream, is part of their growing portfolio.

1st Course Capital's inclusion in the ImpactAssets 50 highlights its commitment to impact investing and its focus on creating a more resilient and equitable food system.