When we first met the New Culture team in 2019, they were part of IndieBio’s groundbreaking startup program in San Francisco. Their mission was clear: lead the global transition to an animal-free, sustainable dairy future. Their first product: melty, stretchy, animal-free mozzarella. Their first market: the $50bn US pizzeria market. Like all of the startups … Read more
As COVID-19 drags into another year, we feel lucky that from our vantage point we see a silver lining. 2021 was a year in which we, along with much of the world, learned whether we could stand steady on the ever-shifting grounds that have become our new normal. It’s been said that “luck is where … Read more
When our portfolio company Future Fields set out to address the world’s reliance on animal protein as a food source, they intended to produce lab-grown chicken. After four months of intense experimentation, their only product was a chicken nugget that cost $3,000 a pound–not a viable solution to world hunger. A lot of companies might … Read more
Stunning, unprecedented, chaotic…relentless. At some point, each of us at Bee Partners used those–and many other colorful–words to make sense of 2020. But, we also tested our ability to pivot quickly and effectively in order to provide the support our portfolio companies needed as we all adapted to our new reality. Perhaps surprisingly, 2020 brought a … Read more