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Lineage Ventures operates as the strategic investment arm of Lineage, a global provider of temperature-controlled warehousing and logistics solutions. It actively seeks out and invests in nascent technologies and innovative platforms designed to enhance efficiency and sustainability across the global food supply chain, particularly within cold chain operations and related infrastructure. The firm's mandate is to foster advancements that can be integrated into broader logistics frameworks.
Lineage Ventures commenced operations in 2019 as a natural extension of its parent company's mission. The foundational entity, Lineage, was notably co-founded by Adam Forste, also a co-founder of Bay Grove, which owns Lineage. The initial insight centered on creating a comprehensive, temperature-controlled real estate and logistics network to address critical inefficiencies in the preservation and distribution of perishable goods.
Lineage Ventures' portfolio companies ultimately serve a diverse array of clients within the food production, distribution, and retail sectors, indirectly benefiting from the parent company's expansive network. The firm’s overarching vision aligns with Lineage’s broader commitment to reimagining the global food supply chain. This forward-looking approach aims to improve food safety, reduce waste, and enhance access to quality food worldwide.
Lineage Ventures has 2 tracked investments across 2 companies. The latest tracked deal is $24.0M Series A in Loop in November 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 1, 2022 | Loop | $24.0M Series A | Founders Fund, Susa Ventures | AirAngels, Freestyle Capital, NOT Boring Capital, Redpoint Ventures, SRB Ventures, VMG Partners, Mark Pincus, Nichole Wischoff, 9Yards Capital, Garrett Camp, Four More Capital, MAC Venture Capital, OEL Ventures, Ryan Graves |
| Mar 1, 2022 | Kargo | $25.0M Series A | Sozo Ventures | Correlation Ventures, Forum Ventures, Founders Fund, F Prime Capital, Hack VC, Matter Venture Partners, Saga, Surface Ventures, SV Angel, Valar Ventures, Activant Capital, BEN Braverman, Human Capital, Strike Capital |