# FF2032

FF2032 is a Corporate Venture Capital based in San Francisco, United States.

## Overview

- **Organization type:** Corporate Venture Capital
- **Headquarters:** San Francisco, United States
- **Region:** Europe
- **Address:** San Francisco, CA, United States
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** ff2032.com
- **LinkedIn:** https://www.linkedin.com/company/ff2032

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- AgriTech & FoodTech
- Sustainability

## Offices

- Sacramento, CA
- Chicago, IL
- Atlanta, GA
- Prague, Czech Republic
- Los Angeles, CA
- Belgium

## People

- 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

## 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.

## Related profiles

- [Festos Management & Participaties](https://altss.com/profile/festos-management-participaties)
- [FFG Venture Business Partners](https://altss.com/profile/ffg-venture-business-partners)

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Last updated: 2026-08-11T15:06:42.396Z

Canonical page: https://altss.com/profile/ff2032

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