SEMCAP Food & Nutrition is the food-focused investment arm of SEMCAP, a growth equity firm targeting transformational sectors. Based in the US and Canada, the strategy backs high-growth food companies delivering sustainable, better-for-you products across North America.
SEMCAP Food & Nutrition closed its inaugural fund at $125 million in January 2026. LPs include Fresh Del Monte, Farm Credit Canada (FCC), Securian Financial (via Minnesota Life), and several food industry brokers and executives from existing portfolio companies.
This fund targets North American food businesses with at least $25 million in revenue and proven product-market fit. The strategy is to invest behind brands with strong consumer loyalty and help them scale distribution, improve operations, and form strategic partnerships.
With this close, SEMCAP Food & Nutrition now has over $500 million in total AUM under its umbrella. Recent investments from the fund include ALOHA, Fresh Prep, Good Culture, Kite Hill, and Purely Elizabeth.
Leadership
The investment team is led by John Haugen, Kate Storey, and Ryan Newcom. SEMCAP’s co-founders and co-CIOs, Buck Buckley and Cyrus Vandrevala, also sit on the investment committee, bringing institutional and consumer investing experience to the fund’s governance.
Investment Strategy
SEMCAP Food & Nutrition invests in later-stage food companies with a clear growth path and strong market adoption. The team looks for companies that combine health-driven products with operational efficiency and sustainability. It brings hands-on support in strategy, scaling, and long-term brand positioning.
Notable Investments
The fund has invested in :
All of them are brands known for clean labels, sustainability, and high consumer engagement across natural and specialty food categories.
Notable Exits
As the fund was only recently closed, no exits have been disclosed yet. However, some portfolio brands are positioned for strategic acquisition or expansion rounds.
Other
Founders benefit from SEMCAP’s extensive network in food, health, and AI, as well as operational insight across supply chain, retail distribution, and consumer brand building. The firm also brings a strong LP network with strategic interest in the food sector.
United States
