Ventucap

Investment Portfolio

Who are Groganic?

Groganic is one of the world’s top healthy food and snack companies, creating organic, wholesome food products that are produced from farming through food production, marketing and retail. Our mission is to promote healthy eating habits and support sustainable agriculture practices. Groganic offers a variety of organic health brands, including gluten-free, vegan, and non-GMO options. They prioritize using locally-sourced ingredients and work with small-scale farmers to ensure that their products are of the highest quality. Their product line includes snacks such as energy bars, trail mixes, and dried fruits, as well as baked goods and other food items. They also offer a range of beverages, including organic teas and juices. In addition to their commitment to health and sustainability, Groganic also prioritizes community involvement. They donate a portion of their profits to local organizations that support healthy food initiatives and environmental conservation efforts. Overall, Groganic is a company that is dedicated to creating delicious and nutritious food options while promoting responsible farming and environmental practices.

The Food Market Opportunity

The global meal kit delivery services market is expected to grow at a compound annual growth rate of 15.3% from 2023 to 2030 to reach USD 64.27 billion by 2030. The single service kits captured the largest share of more than 57% in 2022 in the meal kit delivery services market. The online platform accounted for the largest share of more than 63% in 2022, in the global meal kit delivery services market. North America held the largest share of 46.01% in the meal kit delivery services market in 2022. A large number of consumers purchase these kits in the region to save their time and effort.The meal kit delivery services market in the U.K. was valued at USD 896.0 million in 2022 and is expected to grow at a CAGR of nearly 15.9% during the forecast period to reach a market valuation of nearly USD 3 billion by 2030.

The market is experiencing significant growth due to rising demand for both homemade and chef-prepared meals, particularly among millennials. The surge in popularity of meal kit delivery services, particularly among Generation Y and Z, can be attributed to the cost-effectiveness of homemade meals compared to takeout and traditional delivery options. The COVID-19 pandemic has further accelerated this trend as restaurant closures prompted individuals to prioritize healthier eating habits, boosting the demand for convenient and nutritious meal solutions.

How Ventucap Help

At Ventucap, we are proud to announce our strategic investment in Groganic Food, a company that embodies the future of sustainable and innovative culinary experiences. Groganic’s dedication to delivering fresh, organic, and environmentally conscious meal kits aligns perfectly with our vision for responsible investing. Our recent investments in Groganic are not only aimed at fostering growth but also at promoting positive change. With these funds, Groganic Food is set to expand its production capabilities and implement advanced systems to enhance operational efficiency while reducing waste. This investment allows us to support a company that not only meets the demands of the modern consumer but also takes significant strides towards reducing its environmental footprint. Together, we look forward to a future where high-quality, sustainable food options are accessible to all.

Why Ventucap?

Ventucap invest in high-potential startups and scaleups that have the potential to scale rapidly and become market leaders in their respective industries. We focus on a broad range of sectors such as technology, healthcare, and consumer products, and leverage our extensive network and industry expertise to identify and support promising startups and scaleups. We operate in four continents and have offices in 7 countries. Notable investments include Voccatel, Trustinspecta and Payerpals.