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SEMCAP Food & Nutrition

435 Devon Park Dr 800, Wayne, Pennsylvania, 19087, United States

Overview

SEMCAP is a growth impact equity investor and value creator led by Buck Buckley and Cyrus Vandrevala, both serial entrepreneurs and investors. SEMCAP targets private companies that are accelerated further by seminal trends and long-term industry trends driven by technology, social transformation and regulatory transition. SEMCAP has teams in Health, Education, and Food & Nutrition and an SDG-aligned impact methodology embedded within the investment process.

Total investments
10
Lead investments
7
Investments · 12mo
4
Active investors
9

Sector focus

  • Financial Services
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Investment portfolio

  • Ilant Health

    Participated · Series A · Jun 2026

    Ilant Health provides end-to-end, clinician-led obesity and cardiometabolic care that combines behavioral therapy, medication (GLP-1 and non-GLP-1), and surgical options within a precision-medicine model that continuously adapts treatment to individual response. The company works directly with employers and health plans to deliver measurable clinical and financial outcomes and to manage both treatment costs and total cost of care. Early results reported by Ilant show members achieve an average 15% weight loss and an average of two additional mentally healthy days per month. Ilant emphasizes data- and analytics-driven care pathways, clinician oversight, and transparent contracting for medications; it has announced direct contracting and transparent pricing through Lilly’s Employer Connect program and is working with Novo Nordisk. The company presents itself as an AI-enabled healthcare services provider that aims to move obesity care from disconnected interventions to a continuous, outcomes-focused service. Ilant has raised over $22 million to date following the $15 million Series A and is partnering with employers and payers to scale its model.

  • good culture

    Led · Equity · Feb 2026

    Founded in 2015, Good Culture is an Austin-based food company focused on reinventing cultured dairy with a clean-label, high-protein product line that includes cottage cheese, sour cream, and cream cheese. The products are sourced from family-farmed cows and purposely exclude artificial additives or stabilizers. The brand positions itself around sustainability, holding B-Corp Certification and partnering with organizations such as 1% for the Planet and Dairy Farmers of America. Having helped rejuvenate the cottage-cheese category, the company aims to broaden its reach and deepen consumer adoption across North America. Future plans involve accelerating product innovation and expanding distribution channels. Good Culture’s mission centers on delivering nutritious, minimally processed dairy while maintaining environmental responsibility. While no revenue or user figures were disclosed, the company’s continued backing from growth-oriented investors underscores its market traction and momentum.

  • SafeinHome

    Led · Series D · Dec 2025

    SafeinHome offers a proprietary technology platform that delivers 24/7 remote support for people with intellectual and developmental disabilities, covering home and kitchen safety, medication management, and daily living assistance. Its solution is built for state and managed Medicaid programs, direct support agencies, health plans, and other risk-bearing entities, enabling compliance with individualized support plans and state regulations. The platform serves individuals with autism, seizure disorders, fall or elopement risks, and other complex needs, helping them remain safely in their homes. Operating programs in 17 states, the company delivers enterprise-scale member engagement while maintaining compliance and personalized care. With recent funding, SafeinHome plans to expand its services to reach more individuals in its existing state programs and deepen its presence in California, its newest market. The company also intends to leverage artificial intelligence to tailor services, improve outcomes, and proactively manage crises. To date, SafeinHome has raised $67 million in total funding.

  • Lula Commerce

    Led · Series A · Oct 2025

    Lula Commerce is a Philadelphia-based technology company that equips convenience retailers with an AI-powered platform to streamline digital commerce operations. Its suite includes Lula Hub, which consolidates third-party delivery marketplaces like Uber Eats, DoorDash, and Grubhub into a single dashboard; Lula Direct for branded web and mobile ordering; and Lula Operators, a collection of 30+ AI tools that automate refunds, reviews, uptime, and other critical tasks. The software also delivers inventory management, customer engagement, and business intelligence capabilities, helping stores improve efficiency and drive incremental sales. Lula has quickly scaled to serve industry leaders such as Circle K franchisees, United Pacific (Rocket/Alta Stores), Jacksons Food Stores, Par Mar Stores, Clipper Petroleum, and more than 50 regional chains, representing thousands of franchise locations across the United States. Management is actively hiring across engineering, sales, product, and customer success to support its growth. Including the newly announced round, the company has raised more than $16 million to date, which will fund product development and broader market expansion.

  • Overwatch Imaging

    Participated · Equity · Jul 2025

    Overwatch Imaging develops airborne imaging systems and intelligence automation software, centered on its AI-powered Automated Sensor Operator (ASO) and purpose-built Smart Sensors. ASO enables real-time autonomy for EO/IR video systems, offering intelligent sensor control, automated data analysis, and mission-specific outputs that reduce operator workload and improve detection. Smart Sensors pair multispectral imaging hardware with ASO for applications including wildfire detection, maritime domain awareness, border security, and infrastructure inspection. The company’s systems are deployed globally on both piloted aircraft and drones and serve national security and emergency management customers. Over the past year Overwatch operated cash-flow positive, collected substantial unique image data, and invested heavily in R&D to develop ASO for partner imaging systems and its own sensors. The company plans to expand go-to-market efforts, scale partner-driven customer adoption, grow its team, and broaden partnerships to deliver ASO to more missions and customers worldwide. Overwatch Imaging, based in Hood River, OR, designs and manufactures precision airborne imaging systems for piloted aircraft and drones. Its systems include custom onboard AI software intended for large-scale, time-critical special mission and civil applications. The company says its precision imaging systems help organizations quickly find what they are looking for from the air so they can focus less on the search and more on the best response. Specific uses of Overwatch Imaging systems include automated land surveillance, maritime patrol and search, and linear infrastructure inspection. Overwatch announced the close of an $11.15 million Series A round co-led by Squadra Ventures and Shield Capital, with strategic participation from L3Harris Technologies, Bridger Aerospace and the Portland Seed Fund.

Team

  • Catherine Storey

    Co-Founding Partner

    LinkedIn
  • Buck Buckley

    Co-founder, Managing Partner & Co-CIO

    LinkedIn
  • John Haugen

    Founder and Managing Partner

    LinkedIn
  • Jeh Cyrus Vandrevala

    Co-founder, Managing Partner & Co-CIO

    LinkedIn