The firm is led by two GPs who combine food domain expertise with tech and investing experience. Noramay Cadena is an aerospace engineer turned investor. She previously launched an early stage fund that invested in over 20 manufacturing and supply chain companies. Shayna Harris brings an insider's eye to the industry, from architecting the 21st-century chocolate supply chain at Mars to building the groundbreaking food tech company Farmer’s Fridge. She advises Fortune 100 companies and startups on navigating the fast-changing food terrain, and writes for Forbes. The duo have 40 investments between them and 2 investments in the Supply Change portfolio.
The firm is based in Chicago and Los Angeles.
Overview
Investors 1
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Mentions in press and media 11
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| Jul 24, 2023 | Supply Change Capital closes $40 million first fund to invest in food startups | |
| Jun 21, 2022 | Supply Change Capital Gets Backing From Bank Of America | A new, venture capital investment firm focused on early-stage food technology businesses, Supply Change Capital, announced that it has received an equity investment from Bank of America. The new venture capital firm--led by Noramay Cadena a... |
| Apr 18, 2022 | Corporations Tap Women- And POC-Led VC Funds To Reach Emerging Markets | Arian Simone of Fearless Fund and Noramay Cadena and Shayna Harris or Supply Change Capital Fearless Fund and Alisha Tova |
| Apr 14, 2022 | The Week in Agrifoodtech: eGrocer BigBasket bags $131m, Choco lands $111m to fight food waste | This week, India’s BigBasket raised more than $100 million for online grocery delivery, as did Germany’s Choco to curb food waste by connecting restaurants to suppliers. New Zealand’s Leaft closed funding to make alt-protein from leaves. In... |
| Oct 28, 2021 | The Week in Agrifoodtech: Daring, Fabric & World Fund raise big money; Sweetgreen files for IPO | Farmer marketplace DeHaat made headlines this week with India’s biggest-ever agtech round. Elsewhere, fulfillment robotics company Fabric and online produce platform GrubMarket pulled in sizable financings, as did plant-based players Daring... |
| Oct 27, 2021 | Aqua Cultured Foods Closes “Biggest Pre-Seed Round in Alt-Seafood” For Whole Muscle Sushi Grade Fillets | Aqua Cultured Foods, a female-led foodtech company using fermentation to produce seafood alternatives, has raised $2.1 million in its pre-seed funding round. According to Aqua, the oversubscribed round is the largest ever pre-seed in alt-se... |
| Oct 27, 2021 | Aqua Cultured Foods closes $2.1m pre-seed round for fungal alt-seafood | Aqua Cultured Foods, a US company that makes seafood analogs via a fermentation process, has raised $2.1 million in pre-seed funding. Investors in the round included Supply Change Capital, Big Idea Ventures, Aera VC, Sustainable Food Ventur... |
| Jun 12, 2021 | How many opinions does it take to hit the $100M ARR Club? | In a world of talking points and corporate jargon, opinions are refreshing — and Expensify CEO and founder David Barrett is full of them. One of his earliest lessons in life, for example, was that basically everyone is wrong about basically... |
| Supply Change Capital: $40 Million In Funding Closed To Invest In The Future Of Food | Supply Change Capital – a venture capital firm that is focused on investing in the future of food – recently announced the closing of its inaugural $40 million Fund. As one of the largest Latina-led funds, the firm has deployed over $13 mil... |
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FAQ about Supply Change Capital
When was Supply Change Capital founded?
Supply Change Capital was founded in 2020.
What has the press written about Supply Change Capital?
Parsers VC has collected 11 articles mentioning Supply Change Capital, among them “Supply Change Capital closes $40 million first fund to invest in food startups” (Jul 24, 2023) and “Supply Change Capital Gets Backing From Bank Of America” (Jun 21, 2022).
Is Supply Change Capital still active?
Yes, Supply Change Capital is active; its latest activity on Parsers VC dates from Jul 25, 2023.