The Venture Codex Logo

The Venture Codex

Melitas Ventures

333 Hudson St, Unit 703, New York, NY, 10013, United States

Overview

Melitas Ventures is a venture capital fund that invests in early stage food & beverage companies through the entire value chain, focusing on better-for-you food & beverage products.

Total investments
6
Lead investments
1
Investments · 12mo
1
Active investors
2
Visit website

Investment portfolio

  • Final Boss Sour

    Participated · Equity · Jul 2026

    Final Boss Sour produces gaming-inspired sour snacks made from real dried fruits candied with a proprietary sour coating and without artificial colors or artificial fruit flavors. The Los Angeles-based brand launched in October 2023 and has pursued a social-first growth strategy driven by frequent product launches and creator collaborations. It has generated more than 2 billion organic video views across TikTok, YouTube and Instagram, built the largest YouTube subscriber base of any sour candy brand, and become the largest sour candy brand on TikTok Shop. The company has executed collaborations with cultural and sports figures including Trevor Zegras and Jazz Chisholm Jr., and brands such as PAC-MAN and G FUEL. Final Boss Sour is expanding into major retailers including Walmart, Kroger, H-E-B, Wegmans, Hy-Vee, with planned launches at Target and 7-Eleven, and has raised a total of $12 million to date to support product innovation, creator partnerships and national retail expansion.

  • Amara Organic Foods

    Participated · Series B · Mar 2024

    Amara develops organic shelf-stable baby food and toddler snacks using a branded Nutrient Protection Technology, a proprietary dehydration process designed to preserve texture and flavor when water or breast milk is added. Founded in 2017 by Jessica Sturzenegger and chef Vicki Johnson and based in San Francisco, the brand sells direct-to-consumer (its website and Amazon) and through more than 1,000 retail stores including Walmart and Sprouts. Its products have won recognition such as the Purity Award from the Clean Label Project and placement in Good Housekeeping’s “9 Best Organic Baby Food Brands of 2024.” Amara has benefited from viral word-of-mouth on TikTok, which has driven demand and informed the company’s emphasis on forecasting and supply-chain coordination. The company has invested heavily in intellectual property and operational capability to scale, and CEO Jessica Sturzenegger says the hardest part has been keeping up with demand. With recent funding, the company plans to amplify market presence, increase grocery and online distribution, and expand production and product lines. Amara develops proprietary technology to lock in taste, texture and nutrients into shelf-stable pouches of fresh baby and children’s meals for ages up to seven. It launched its first products in Whole Foods in 2017 after three years of product development and now offers 10 SKUs, including a baby-food line that mixes with breast milk, formula or water and Yogurt Smoothie Melts with no added sugar. The company’s meals start as low as $1.80 per meal, positioned below many refrigerated or frozen competitors that run $3–$7 per meal. Amara had grown distribution from roughly 100 to 1,000 stores prior to the raise and sells via its website, Amazon, Sprouts nationwide and grocery stores mostly in California. Financially, the company was profitable on every order and growing three times year over year organically before the Series A. Management plans to use the new funding to hire, accelerate product development, increase brand awareness and expand grocery distribution over the next 12 months. Amara uses a proprietary technology to lock in the taste, texture, and nutrients of fresh whole foods into convenient, shelf-stable pouches and snacks. The company’s baby meals are 100% organic whole fruit and vegetable blends designed to mix with breast milk, formula, or water for a gentle transition to solids. Amara recently expanded into toddler snacks with Organic Smoothie Melts, the company’s first melt-in-mouth snacks with no added sugar, offered in plant-based and yogurt-based varieties and shaped to encourage grasping and chewing. The Smoothie Melts are shelf-stable for up to two years and recommended for ages 8 months to 4 years. Amara sells through its website, Amazon, and select grocery retailers, and the brand is available in over 1,000 stores. In March the company secured $2M in seed funding from key investors described in the article.

  • PreciTaste AI

    Led · Series A · Aug 2022

    PreciTaste offers an "always‑on" AI kitchen management platform that uses cameras, point‑of‑sale data and inventory signals to predict demand and recommend precise cooking and prep actions to crews. The system relays instructions via touchscreens, issues optional order‑accuracy alerts, and allows remote monitoring of one or multiple restaurants. PreciTaste says its computer‑vision models are trained on a growing foodservice data library that tracks about 19,000 meals every five minutes and claim the platform can cut overhead and eliminate up to 85% of food waste at the point of sale. The company emphasizes an offline‑first edge AI approach with anonymized uploads for model optimization and says camera data is in most cases deleted quickly to address privacy concerns. Its flagship product is installed at over 1,500 locations and the company employs 98 people across Germany, India and the U.S., with plans to hire more than 25 employees by year end. PreciTaste was originally founded from technology developed at the Technical University of Munich and began as PreciBake; it faces competition from players such as Dragontail Systems, Leanpath, Winnow, Miso Robotics and Agot.

  • Rind

    Participated · Series A · Jun 2021

    RIND produces whole-food, nutrient-dense, zero-waste snacks by retaining the rind on 'rescued' fruit and marketing them as skin-on superfruit snacks. Since launching in NYC in 2018, the company has expanded distribution across retail and D2C omni-channel platforms, winning placements at Whole Foods, Wegmans, Meijer, CVS and others and reporting presence in over 3,000 locations. RIND grew revenues five-fold in 2020 and expects to more than triple sales this year while continuing retail expansion. The brand says it diverted more than 120,000 pounds of edible peels from landfills in 2020 and has launched a school snacks campaign to help combat childhood hunger. With new capital the company plans to accelerate its sustainable and upcycled product pipeline into adjacent categories, invest in expanded production capacity, and build a world-class team to support growth and its sustainability mission.

  • Warren Investimentos

    Participated · Series B · Jul 2020

    Warren operates a fee-based wealth management platform (the "Warren Model") offering a free savings account, direct-access trading, and goal-based managed portfolios with a flat fee and 100% cashback on third‑party fund commissions. The company also runs Warren for Business, a platform for investment professionals that it aims to scale to 400 partners and to represent 60% of total AUM (currently 20%). Future plans funded by the raise include hiring, technological enhancements, potential M&A, expanding both digital and physical presence, and increasing partner adoption. Warren has invested in a full product suite including currency exchange, life insurance, education, financial planning and offshore services, plus an institutional business launched in 2020. Operating metrics disclosed: the firm grew AUM from R$500 million in 2020 to R$5 billion and employs about 400 people across nine offices. Warren is a digital brokerage platform that provides clients investment advice alongside self-service access to investment products and charges a flat fee on assets under management with no commissions. The platform offers more than 400 products, including seven funds managed by Warren, and has reached 130,000 clients with two billion Reais in managed assets. In spite of COVID-19 and Brazil's financial challenges, Warren has doubled its AUM and increased its employee base by 30%. The company plans to hire 80 additional collaborators by the end of the year and to double its partner network from more than 200 to 400 by December. Warren is developing Warren for Business, a white-label platform to offer partners products and services such as insurance, private pension plans and financial planning. Founded in 2017 in Porto Alegre, the company says it will continue investing primarily in technology to expand its offerings and distribution.

Team