Supply Change Capital
Culture and climate -- the defining forces of our time -- are deeply impacting the future of food. Supply Change Capital invests in early stage food and agricultural technology businesses who are responding to seismic culture and climate shifts occurring in the $6 trillion food industry. With 15 investments in Fund I as of 2Q2023, 80% of the portfolio is led by female, Black, and Latinx founders.
At the firm level, Supply Change Capital is impactful by design. The firm is led by two women, with 50% Latina ownership. With combined careers in food, tech, and investing, managing partners Noramay Cadena and Shayna Harris lead the team at Supply Change Capital. Noramay is a Boeing aerospace engineer turned investor who previously launched an early-stage venture fund that invested in more than 20 manufacturing and supply chain companies. Shayna has extensive executive experience at venture-backed startups and also at the global food company Mars. She has developed sustainable food strategies in over 20 countries. The duo met at MIT Sloan in 2009.
Supply Change champions a community-first approach. This helps build deal flow, nurture co-investment relationships, and advance equity in venture capital opportunities and beyond.
Stage of capital: Pre-Seed, Seed
Location: Los Angeles, CA and Chicago, IL
Fund manager diversity: Woman-led, Hispanic-Latino led
Diversity focus: Women, Black and African American, Hispanic-Latino, Native American
Industry focus: Environmental Sustainability, General Tech- and Tech-Enabled, Consumer and Retail, B2B, Healthcare and Wellness (incl. FemTech), Future of Work and Living (incl. Education/EdTech), Food and Agriculture
Min and max capital: $200,000 - $2,000,000