This German family office invests in vegan food startups [2022]

This German single family office invests in vegan food startups [2022]

This article directly stems from the research process for our single family office database. Our list of venture capital focused single family offices includes the most important family investment vehicles that invest in promising startups, amongst others within the vegan food sector.

You might also like the list of the 80 most important vegan venture capital investors, curated by our partner portal ThousandInvestors.

HGDF: German single family office with holding structure

The German holding and single family office HGDF looks back on a long history: launched in 1738, the firm is now an important investor and holding company with activities in various sectors. The holding employs more than 2,700 people and has yearly revenues over €1.2BN. Private equity holdings of the firm are active in retail, transport, health, consumer goods and other sectors. Since 2020, the family office is also investing in promising startups. One of these startup investments comes from the vegan food sector. In 2022, HGDF invested in Blue Farm. The vegan food startup offers oat milk-based products, for example for Chai Oat Latte or Oat milk that can be mixed by yourself. HGDF has also invested in other startups like ampere.cloud or Lendis.

Picture source: Anita Jankovic

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