Supply Change Capital
8758 Aqueduct Ave., North Hills, CA, 91343, United States
Overview
Supply Change Capital is an early-stage venture capital firm investing at the intersection of food, culture, and technology. The firm is led by two GPs, Noramay Cadena and Shayna Harris, who combine food domain expertise with tech and investing experience. The firm was founded in 2020 and is based in Chicago and Los Angeles.
- Total investments
- 12
- Lead investments
- 5
- Investments · 12mo
- 1
- Active investors
- 2
Sector focus
- Agriculture
- AgTech
- Food and Beverage
- Food Processing
- Supply Chain Management
Investment portfolio
- Helios AI
Participated · Seed · Sep 2025
Helios AI is a Tysons, Virginia–based agtech company focused on bringing advanced data analytics to the food supply chain. Its core product, Helios Horizon, is an AI-powered co-pilot that integrates price forecasting and climate predictions across more than 75 agricultural commodities and 2,500 price series, covering staples such as coffee, soybeans and cocoa. The system relies on a multi-agent AI architecture that ingests billions of real-time signals and, according to internal benchmarks, delivers forecasting accuracy five times higher than traditional seasonality- and supply-demand-based models. By packaging Wall-Street-grade analytics into an accessible interface, Helios AI aims to help farmers, procurement leaders, CPG companies and retailers anticipate market shifts rather than react to crises. The company plans to channel new funding into expanding commodity coverage and hiring key talent. Founder and CEO Francisco Martin-Rayo positions the platform as “a team of Bloomberg analysts in your pocket 24/7,” underscoring its goal of democratizing sophisticated market intelligence. Financial details on revenue or users were not disclosed, but the firm is targeting a multi-trillion-dollar global food market.
- bitewell
Participated · Series A · May 2025
FoodHealth Company, formerly bitewell, offers a nutrition intelligence platform centered on its FoodHealth Score, a 1–100 rating that evaluates nutrient density and ingredient quality. The Score was developed by data scientists and dietitians and is FoodMed Certified to drive positive health outcomes. The company embeds the Score across retail channels—already live across The Kroger Co. banners including Ralphs, Harris Teeter, and King Soopers—and plans further rollouts to additional major retail chains. FoodHealth Co. aims to license its scoring system across the food ecosystem and bring the Score to supermarkets, restaurant menus, and school cafeterias. The rebrand and a new headquarters in San Francisco reflect a shift toward being the backbone of the food-as-health movement and positioning at the intersection of health systems, retail innovation, and tech. With over $20 million raised to date, the company is scaling its product and commercial partnerships to accelerate adoption. bitewell operates a healthy food marketplace that works directly with employers to deliver food health benefits aimed at reducing insurance premiums and improving users' health. The platform uses a FoodHealth Score (0–10, with a grey/red/yellow/green system) that scores every food purchase and aggregates purchases to show whether a user's diet is net-accretive or net-dilutive to health. The company was co-founded by Samantha Citro Alexander and Chris Fanucchi and is headquartered in Denver, CO. bitewell raised USD4M in Seed funding to support its growth. The company plans to use the proceeds to hire executive leadership, nationally scale its sales division, fund research with academic institutions, and build out more advanced technology and data infrastructure for the brand. No operating metrics (revenue/users) were disclosed in the article.
- Celleste Bio
Led · Seed · Dec 2024
Celleste Bio develops cell-cultured cocoa ingredients using a proprietary combination of BioTech, AgTech and computational AI to grow 100% natural cocoa from one or two beans in controlled, year‑round conditions. The company was founded in 2022 and positions its technology as a response to cocoa supply challenges driven by climate change and conventional farming. Celleste intends to pilot and scale production of its cell‑cultured cocoa ingredients and build the infrastructure and technological capabilities needed for commercial readiness. The seed financing will be used to accelerate R&D, expand infrastructure, and advance technological development. The company frames its mission as creating an economically and environmentally sustainable cocoa supply and has support from The Trendlines Group.
- Terrantic
Led · Seed · Aug 2024
Terrantic is an operational data platform that transforms existing data from multiple sources into actionable insights for the food supply chain industry. Led by CEO Krishna Srinivasan and chief business officer Trevor Cox, the Terrantic Ops Data Platform connects disparate data sources and provides context across siloed operations and organizations. Its AI-Driven Contextualization Engine learns an organization’s operations, optimizes planning and scheduling, and enables peak operational efficiency for food processors, growers, and packhouses. Customers such as Columbia Fruit, Servico and the University of California Merced use the platform to address operative disruptions, increase shelf life, and improve margins and throughput. Terrantic raised $3.5M in Seed funding and intends to use the proceeds to expand operations and broaden its business reach.
- Helios
Led · Seed · Oct 2023
Helios is an analytics platform that predicts and mitigates risk across agricultural supply chains. The company recently launched Cersi, described as the world’s first supply chain AI analyst, which lets executives ask questions and gain insights in seconds using billions of climate, economic, currency, and political risk signals. Helios centralizes billions of data points into an easy-to-use Supplier Dashboard that provides real-time, farm-level insights into suppliers’ crops so teams can act before disruptions occur. The platform aims to help managers hedge supply availability and prevent commodity shortages. According to the company, teams using Cersi increase their productivity by about 40% on average. Helios is advised by Bill Hovis and Una Hrnjak. The company also announced a $1.85 million pre-seed funding round led by Supply Change Capital with participation from January Ventures.