Asset Manager

Updated:

Food-X

Peter Bodenheimer launched Food-X in 2014 as SOSV's dedicated food and agriculture accelerator, backing early-stage supply-chain and food-tech startups.

Food-X

FoodX is a company based in Burnaby, Canada, founded in 1997. It specializes in eGrocery management solutions for the retail technology sector. FoodX offers SaaS products for grocery retailers, including technology for fulfillment centers, inbound logistics, inventory management, order picking and packing, and delivery services.

Website
food-x.com

General information

Firm type

Asset Manager

Year founded

2014

AUM

Undisclosed

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Principals

Peter Bodenheimer

Co-Founder & Partner

Sector focus

AgriTech & FoodTechEnterprise SoftwareClimateTechConsumer

Frequently asked questions

Who runs investment decisions at Food-X?

Investment decisions were led by Co-Founder and Partner Peter Bodenheimer during the program's active years. As part of SOSV, cohort selection also involved SOSV's broader partnership and general partners. Since the 2020 merger with IndieBio, food and agriculture investments have fallen under the IndieBio New York leadership.

Is Food-X structured as a standalone fund or part of a larger platform?

Food-X operated as an accelerator program within SOSV, a multi-stage venture capital firm. It was never a standalone fund — portfolio companies received initial capital from SOSV's core funds. The program merged with IndieBio in 2020, and its mandate now lives within IndieBio New York.

What investment stages did Food-X typically target?

Food-X targeted pre-seed and seed-stage companies. The accelerator model meant it was typically the first institutional capital into a startup, offering $100,000 to $250,000 in initial funding alongside lab space and mentorship, in exchange for standard accelerator equity terms.

How did Food-X source its deal flow?

Food-X sourced globally through an open-application cohort model, combined with referrals from the broader SOSV ecosystem and its network of food-industry corporate partners. The program attracted teams from North America, Europe, Israel, and Asia working on supply-chain optimization, food safety, and alternative proteins.

Does Food-X still operate under its original name?

No. In 2020, Food-X merged with SOSV's life sciences accelerator IndieBio to form IndieBio New York. The Food-X brand was retired, and its food-tech focus was absorbed into IndieBio's expanded life sciences and sustainability mandate.

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