Trellis Road

Mudcake operates as a specialized microfund established by former entrepreneurs with a mission to create positive intergenerational impact. The investment collective focuses exclusively on transformative food systems, backing visionary founders who are revolutionizing food production, distribution, and consumption models. With a global perspective, Mudcake identifies and supports early-stage ventures that demonstrate potential for significant industry disruption while addressing sustainability challenges in the food sector.

The fund maintains a concentrated investment approach, deploying capital in the range of $200,000 to $800,000 for pre-seed and seed-stage companies. This strategic funding level allows Mudcake to provide meaningful support while maintaining a diverse portfolio across international markets. Their investment thesis prioritizes innovative food technologies and business models that can scale efficiently while creating positive environmental and social outcomes throughout the food value chain.

Since its inception, Mudcake has built an impressive portfolio comprising more than 25 promising startups spanning four continents. This geographic diversity reflects the fund's commitment to sourcing opportunities beyond traditional venture hubs and recognizing that food system innovation emerges from varied agricultural and cultural contexts worldwide. The fund leverages the founders' operational experience to provide portfolio companies with strategic guidance beyond capital, helping entrepreneurs navigate the complex regulatory landscapes and market dynamics specific to food-related ventures.

What distinguishes Mudcake from conventional venture funds is its founder-centric approach combined with a long-term vision for food system transformation. The investment team, drawing from their entrepreneurial backgrounds, demonstrates particular aptitude for evaluating technical founders and complex food technologies. Their thesis encompasses various segments including alternative proteins, novel ingredients, supply chain optimization, food waste reduction, and agricultural technology—all united by the common thread of creating more efficient, sustainable, and equitable food systems for future generations.