Updated:
FF2032
FF2032 is Lotus Bakeries' corporate venture fund focused on the broader food & drinks space. It provides minority growth equity to support entrepreneurs...
FF2032
FF2032 is Lotus Bakeries' corporate venture fund focused on the broader food & drinks space. It provides minority growth equity to support entrepreneurs scaling their businesses. It focuses on innovative products, technologies or market approaches within food and drinks, especially better-for-you, sustainability and food technology, and makes long-term minority investments.
General information
Firm type
Corporate Venture Capital
Year founded
2019
Location
Region
Europe
Country
United States
City
San Francisco
Corporate office
San Francisco, CA, United States
Additional offices
Sacramento, CA · Chicago, IL · Atlanta, GA · Prague, Czech Republic · Los Angeles, CA · Belgium
Principals
Jan Boone
Team Member
Isabelle Maes
Team Member
Mike Cuvelier
Team Member
Benoit Graulich
Team Member
Wouter Verstringe
Team Member
Axel Malbrain
Team Member
Hannes Vercauteren
Team Member
Sector focus
Frequently asked questions
What stages does FF2032 target?
FF2032 targets growth and late-stage expansion. The firm's own language emphasizes companies that have "already generated traction in the market" and need capital to scale, ruling out pre-revenue or seed-stage startups. Its portfolio — a slate of brands with established retail distribution like IQBAR and Partake — confirms this posture.
How is FF2032 related to Lotus Bakeries?
FF2032 is Lotus Bakeries' dedicated corporate venture fund. It is not an independently raised vehicle; it exists as a unit of the Belgian snack group to pursue minority growth-equity investments that align with the parent's strategic interest in the broader food and drinks industry.
What sectors will FF2032 not invest in?
FF2032 explicitly bounds its mandate to food and drinks, with emphasis on better-for-you products, sustainability innovations such as packaging, and food technology. It is unlikely to pursue investments in restaurants, meal kits, or non-food verticals — the portfolio confirms a strict, product-centric CPG focus.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on venture capital firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: