PowerPlant Partners: Closes $330 Million Fund
- PowerPlant Partners, an investment firm backing plant-based consumer food and beverage brands, closed its third fund, PowerPlant Ventures III L.P., at $330m
- PPV Fund III will continue to invest in consumer-facing brands that are better for people and the planet and will focus solely on growth stage companies
- The vehicle will invest between $15 million and $40 million in target companies as active, primarily minority, investors
- PPV Fund III has already made four investments in health and sustainable consumer food and beverage companies including Miyoko’s Creamery, Liquid Death, Partake Brewing and SYSTM Foods
- PowerPlantPartners has offices in the San Francisco Bay Area and Los Angeles
