Square One Foods

Square One Foods is financially backed by Spitz and its CEO, Walter Scherb, serves as a Partner at the firm. This structure gives portfolio companies direct access to Spitz's R&D facilities, over 160 years of food-production expertise, and a potential contract manufacturing partner. The arrangement is closer to an integrated corporate venture arm than a passive LP commitment, with the firm explicitly marketing this operational access alongside its capital investment.

The firm invests up to €1 million per company, targeting seed, start-up, and early-growth stages according to its Altss research record. Its website confirms it focuses on building tomorrow's food brands and food-tech startups, positioning it for pre-seed through Series A activity in the DACH region and broader Europe.

The firm's own FAQ asks 'Do you invest outside of geographic Europe?' but does not provide a public answer. Based on its stated operating thesis—leveraging Spitz's production infrastructure and deep retail partnerships in the German-speaking market—the firm likely concentrates its investments within Europe, consistent with its website's focus on the DACH region.

The firm lists three partners: Walter Scherb, Michael Goblirsch, and Andre Schneider. Scherb's dual role as CEO of Spitz suggests a strong influence over investment committee decisions, while Goblirsch leads commercial and brand strategy support and Schneider focuses on financial and operational diligence. The firm has not publicly disclosed a CIO or structured investment committee.

Altss research classifies Square One Foods as a Private Equity firm, not a traditional venture capital partnership. Its structure appears to be a hybrid between a corporate venture arm and an independent fund manager, deploying capital from Spitz and potentially other LPs, though no fund details or AUM figures have been publicly disclosed.