Evolv Ventures

Profile, fund size and portfolio

Parent Kraft HeinzHQ Chicago, United StatesFounded 2018

Evolv Ventures is the corporate venture arm of Kraft Heinz, a food and agriculture company. It was founded in 2018 and is based in Chicago, United States. Sectors it names: food and agriculture.

Commitment by parentS1: USD 100M

Every figure links to its source

Snapshot

Scale and capital allocated

Data behind this graphic

Data behind this graphic
Measure	Value	Unit	Kind	Source
Headline size	USD 100M	Commitment by parent	Stated by the firm or its parent	S1
Companies on the firm's portfolio page	9	companies	Counted from the firm's own list	S2

Sources: S1 Kraft Heinz press release 5 Oct 2018: launch of USD 100M venture capital fund (Evolv Ventures); S2 Kraft Heinz press release 2019: Evolv Ventures announces GrubMarket as first investment.

Where it invests and who leads it

Geography

Headquarters: Chicago, United States
Offices: Chicago, United States

Investment regionsS1

North America

LeadersS1

Bill PescatelloHead of Evolv Ventures (venture investor brought on to lead the fund)Find on LinkedIn Firm page

Evolv Ventures on LinkedIn

Key facts

Fact	Value	Status	Source
Parent company	Kraft Heinz	Single source	S1
Parent industry	Food and agriculture	Single source	S1
Founded	2018	Single source	S1
Headquarters	Chicago, United States	Single source	S1
Capital source	Parent company only	Single source	S1
Headline size	USD 100M (Commitment by parent)	Single source	S1

Fund vehicles

Vehicle	Size	Year	Source
Evolv Ventures	USD 100M	2018	S1

Portfolio

The firm's portfolio page lists 9 companies.S2

Shared portfolio with other corporate VCs

4 companies on the Evolv Ventures portfolio page also appear on the portfolio page of at least one other firm in this directory. Matched by company website, or by name where no website is published.

Firm	Shared	Companies in common
GV	1	Fabric
Koch Disruptive Technologies	1	Fabric
RGAx Ventures	1	Fabric
Salesforce Ventures	1	Fabric
Union Tech Ventures	1	Fabric
DG Ventures	1	GrubMarket
301 Inc	1	GrubMarket
Japan Post Capital	1	GrubMarket
SAIC Capital	1	GrubMarket
Grupo Bimbo Ventures	1	Oobli
Ingredion Ventures	1	Oobli
PETRONAS Ventures	1	Oobli

Companies backed by the most corporate VCs

Every company on the Evolv Ventures list

9 companies, as listed on the firm's own website.S2 Read the firm's list.

Fabric
Fila Manila
Flowhub
Genecis Bioindustries
GrubMarket
Just Spices
New Culture
Oobli
Zippin

History

2018Evolv Ventures launched (5 October), USD 100M committedS1
2019GrubMarket announced as first investmentS2

Sources

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by Evolv Ventures or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.

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