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Mudcake is a venture capital microfund, managed by former founders, that focuses on investing in pre-seed and seed-stage startups globally. Their strategy involves backing exceptional founders who are leveraging science and technology to revolutionize the broader food system, encompassing areas such as foodtech, alternative proteins, supply chain, pet food, and agtech.
67% of their portfolio is in Food & Agriculture. Their most common stage is series-a (67% of deals). Average disclosed round size is $11.8M (across 3 rounds with reported amounts).
Portfolio
3
Fund Size
$18M
Top Stage
Series A
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
3 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Planet A Foods | Series A | $15.4M | Feb 2024 |
| Planet A Foods | Series A | $15.4M | Dec 2023 |
 SnoFox | Seed | $4.5M | Aug 2023 |
Top Co-Investors
Cherry Ventures2 shared
World Fund2 shared
Omnes Capital2 shared
Nucleus Capital2 shared
Voyager Ventures1 shared
Pale Blue Dot1 shared
Ponderosa1 shared
TriplePoint Capital1 shared
Triple Point Ventures1 shared
Last updated: 12 April 2026