Supply Change Capital

Supply Change Capital is an early-stage venture capital firm investing in technology across the food supply chain, focusing on systems that improve how food moves, scales, and nourishes. The firm targets areas such as deep-tech food, agriculture, and ingredient companies, supply chain technology, and enterprise software. Since June 2021, Supply Change Capital has deployed over $13 million across 15 early-stage food and agriculture technology companies.

The firm's investment strategy emphasizes supporting diverse-owned businesses, with approximately 80% of its portfolio comprising Latinx, Black, and/or female founder/CEOs. This approach aligns with their commitment to fostering a more inclusive and sustainable food system. Limited partners in Supply Change Capital include 301 INC, MassMutual, Bank of America, and J.P. Morgan Asset Management.

Supply Change Capital was founded by Noramay Cadena and Shayna Harris, who met at the MIT Sloan School of Management in 2009. With over 40 years of combined operational and technical experience, they aim to lead investments through the evolution of a more inclusive and sustainable food system. Their portfolio includes companies like Aqua Cultured Foods, Michroma, Partake Foods, and Agua Bonita, reflecting their focus on innovative solutions in the food industry.