VC firm S Cap has confirmed investment in natural nut and seed butter company Wild Foods and premium instant tea company Cusa Tea. Both companies, S Cap said, fit their mission of investing and partnering with disruptive F&B companies. Earlier this year S Cap invested in Bright Greens and Libre Naturals.
Wild Friends, based in Portland, OR offers a range nut and seed butters including nut butters with superfoods like chia, collagen, and flax.
“The natural nut and seed market is part of the $4B nut butter category, growing more than 20% per year as consumers seek out higher quality and more natural products than the traditional alternatives,” says S CAP General Partner Andrew Towle.
Boulder, CO based Cusa Tea, was founded by Jim Lamancusa. Cusa uses a completely new brewing and dehydration process that delivers a cup of tea in any temperature of water, retaining all the taste and character of the original tea.
S CAP General Partner Jim Cali calls Cusa Tea a “breakthrough in the tea category, offering the potential for disruption across the broader functional and healthy beverage market. We’re excited about the versatility of the platform, which can also be used as a water modifier and functional beverage.”