Mudcake

Mudcake operates as a microfund, strategically investing in pre-seed startups that are actively shaping the future of the food system. The firm provides capital and support to promising companies leveraging scientific and technological innovation to address critical challenges within food production, distribution, and consumption. Their operational model centers on identifying and nurturing early-stage ventures with significant potential for impact and growth.

The microfund was established in 2020 by co-founders Anna Ottosson and Erik Byrenius, who brought prior entrepreneurial and investment experience to the venture. Byrenius, notably, is also a co-founder of Nordic Makers, an angel investor group. Their foundational insight stemmed from a shared commitment to empower founders dedicated to building a more sustainable and improved food ecosystem for future generations.

Mudcake partners with visionary founders who are innovating across the food system, providing the early financial backing essential for development. The firm’s overarching mission is to foster a new generation of food companies that can drive positive, long-term change globally. They aim to contribute to a better, more resilient future through their targeted investments in impactful food tech and agri-food solutions.