# Nest

Nest is a Single Family Office based in Conshohocken, Belgium.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Conshohocken, Belgium
- **Region:** Asia
- **Founded:** 2019
- **Assets under management:** 500 (Altss estimate)
- **LinkedIn:** https://www.linkedin.com/company/nest

## About

NEST is an SEC-registered investment adviser in CONSHOHOCKEN, PA, registered since 2017. The firm manages approximately $132 million in regulatory assets. NEST employs 14 staff and 9 investment advisers.

## Sectors

- AgTech
- FoodTech
- Sustainable Agriculture

## People

- Els Thermote — Founder and CEO

## Questions

### Who runs investment decisions at Nest?

Els Thermote serves as founder and CEO. Investment activity is led from Brussels with documented participation in company rounds and fund commitments.

### Does Nest participate in fund commitments or only direct deals?

Nest executes both. It holds direct minority stakes in companies such as Ardo and Biotope Group while also committing as an LP to vehicles including Pymwymic Healthy Food Systems Impact Fund II and S2G Ventures Fund III.

### What investment stages does Nest typically target?

Activity spans seed rounds, Series A, later-stage direct stakes, and LP commitments to early and growth-stage funds focused on food and agriculture.

### Which sectors does Nest explicitly prioritize?

The office concentrates on AgTech, FoodTech, regenerative agriculture, sustainable aquaculture, and related impact areas within the food value chain.

### Where does Nest source deal flow?

Sourcing occurs through direct relationships with founders and through networks with co-investors such as Tin Shed Ventures, Buoyant Ventures, and S2G Ventures.

### How is Nest structured relative to typical family offices?

Nest functions as a single family office that combines direct company investments with a program of LP commitments to sector-specific impact funds.

## Related profiles

- [Mohn Family Trust](https://altss.com/profile/mohn-family-trust-jarl-mohn-family-office)
- [Osrn](https://altss.com/profile/osrn)

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Last updated: 2026-07-06T01:24:21.890Z

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

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