Fundraising Fox

Smallhold

Techstars '17

Brooklyn, US · Founded 2017 · Delaware corporation · 25 employees on LinkedIn · 9 known investors

Find your way into Smallhold

507 people in our graph share verified history with the Smallhold team — schools, employers, funds. One of them is your warm intro.

René Kuijtenunlockedknows Andrew Carter · together at EQT Group (overlapped)
×5knows the team · via Techstars
×6knows the team · via EQT Group

Smallhold grows and distributes gourmet mushrooms through a network of local farms, positioning itself as a sustainable alternative to long-distance agricultural supply chains. The company targets consumers and grocery retailers in regions like Southern California with specialty fungi varieties.

AgTechClimate TechFoodTech

Founders & leadership

Smallhold was founded in 2017 by Andrew Carter.

ACAndrew Carter
Andrew CarterinFounder and CEO2016–2024Andrew Carter founded Smallhold in 2015, building it into a national network of organic-certified indoor farms for specialty mushrooms with proprietary cultivation technology, and has worked extensively in controlled environment agriculture at firms including BrightFarms and Windowfarms. He studied Environmental Sciences and Ecological Design at the University of Vermont and brings experience in operations, capital strategy, and commercialization across food production and CPG businesses.

Investors · 9

Energy Impact PartnersNew York · $5M – $20M
Misfit Venture Partners$10K – $25Kvia Lawrence Hsu · inferred
Soundboard Venture FundNew Jersey
TechstarsBoulder · $220K
Alley Robotics VenturesreportedCohasset · $500K – $2Mvia Abe Murray · inferred
AlleyCorpreported · 3 sourcesNew York · $1M – $5M
Almanac InsightsreportedNew York
Astanor VenturesreportedLuxembourg, Grand-Duchy Of Luxembourg

Also in the syndicate · 1

Wheatsheaf Group

Reported raises · per SEC filings

Form D private placements

$28.7M disclosed across 2 rounds · 2020–2021

▶$25MraisedAug 2021 · 16 investors · Retailing
Rule 506(b)
Officers, directors & promoters on the filing
  • Adam DeMartinoExecutive Officer, Director
  • Noam OhanaDirector
  • Wendy TsuDirector
  • Andrew CarterExecutive Officer, Director
  • Scott NortonDirector
Offering amount
$25M
Amount sold
$25M
First sale
Aug 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.7MraisedMar 2020 · 27 investors · Retailing
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew CarterExecutive Officer
Offering amount
$3.7M
Amount sold
$3.7M
First sale
Mar 2020
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap
Northspore369 shared keywordsNorth Spore sells mushroom cultivation supplies and functional mushroom wellness products, including grow kits, spawn, capsules, coffee, and honey. It serves home growers and cultivators ranging from beginners to experienced growers, offering organic products and grow support.

Companies competing with Smallhold for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

‘VCs need their money back’: why sustainable startups struggle to fix our broken food system | Agriculture | The Guardiantheguardian.com · Oct 2024Specialty mushroom grower Smallhold emerges from bankruptcy - Blue Bookbluebookservices.com · Sep 2024Smallhold Inc. Exits Chapter 11 with New Growth Strategyigrownews.com · Sep 2024Smallhold secures $25 million in Series A funding - Produce Growerproducegrower.com · Nov 2021Mushroom Boom Leads Brooklyn Grower To Plant Its Organic Farms In The Westforbes.com · Oct 2021

Frequently asked questions

What does Smallhold do?
Smallhold grows and distributes gourmet mushrooms through a network of local farms, positioning itself as a sustainable alternative to long-distance agricultural supply chains. The company targets consumers and grocery retailers in regions like Southern California with specialty fungi varieties.
Who founded Smallhold?
Smallhold was founded by Andrew Carter in 2017.
Who are Smallhold's investors?
Smallhold's investors include Energy Impact Partners, Misfit Venture Partners, Soundboard Venture Fund, Techstars, Alley Robotics Ventures, AlleyCorp, Almanac Insights, Astanor Ventures.
How much funding has Smallhold raised?
Smallhold has disclosed $28.7M raised across 2 rounds.
Where is Smallhold headquartered?
Smallhold is headquartered in Brooklyn, US.