Eighteen94 Capital is the corporate venture capital arm of the Kellogg Company (now Kellanova), founded in 2016 and based in Battle Creek, Michigan. It makes minority investments in early-stage startups developing new ingredients, foods, packaging, and enabling technologies in the food industry.
64% of their portfolio is in Food & Agriculture. Average disclosed round size is $15.0M (across 10 rounds with reported amounts).
Portfolio
8
Fund Size
$100M
Top Stage
Series A
Last 12 Mo
0
Team
JK
Jon Kucinski
Managing Director
SB
Simon Burton
Managing Director
JA
Jeff Arnold
Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
11 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| PPlantible Foods | Series A | $21.5M | Sep 2021 |
 Plantible | Series A | $21.5M | Sep 2021 |
 MycoTechnology | Series D | $39M | Jun 2020 |
| Plantible | Seed | $4.6M | Apr 2020 |
 Ucan | Series D | $5.8M | Jun 2018 |
 Cargo | Seed | $5.5M | Jan 2018 |
| MycoTechnology | Series B | $42M | Oct 2017 |
| BBright Greens | Seed | $2M | Jun 2017 |
 Kuli Kuli | Series A | $4.3M | Jan 2017 |
| KKuli Kuli Foods | Series A | $4.3M | Jan 2017 |
| Kuli Kuli | Series B | — | — |
Top Co-Investors
S2G Ventures6 shared
FTW Ventures3 shared
Lerer Hippeau3 shared
InvestEco Capital Corp.2 shared
Astanor2 shared
Unshackled Ventures2 shared
CJ CheilJedang2 shared
Piva Capital2 shared
Good Friends2 shared
Middleland Capital2 shared
Seventure Partners2 shared
Gaingels2 shared
Continental Grain Company2 shared
Scrum Ventures1 shared
GV1 shared
Story Ventures1 shared
Verve Ventures1 shared
Astia Angels1 shared
Portfolia1 shared
Touchdown Ventures1 shared
Last updated: 20 October 2026