Benson Hill is designing crops and ingredients for some of the world’s most popular plant-based food brands. But the company has no intention of becoming a brand itself. Instead, it’s focused on revolutionizing the entire food system, from how plants are grown, to what they taste like, to the range of crop varieties on offer.
Founder and CEO, Matt Crisp, started Benson Hill nearly a decade ago as a plant biology company, using analytics and machine learning to increase yields. Now it has grown to become a technology platform as well as a vertically integrated food and ingredients business, designing high protein soybeans and yellow peas to fuel the growing plant-based protein industry.
In this episode Matt also talks about:
Matt’s journey from venture capital in the life sciences industry, to becoming an agtech startup founder.
How the business model of Benson Hill has evolved and why it’s betting on the growth of the plant-based protein industry.
How to involve farmers in testing crops and products on a commercial scale so growers benefit, as much as the company.
Benson Hill’s recent $1.35B SPAC deal and upcoming public listing on the New York Stock Exchange.
Benson Hill to go public in $1.35B SPAC deal. - Food Dive
CRISPR- Based Crop Improvements: A Way Forward to Achieving Zero Hunger - Journal of Agricultural and Food Chemistry
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Tenacious Ventures Management Pty Ltd (CAR 001275760), Tenacious Ventures Management Partnership, LP (CAR 001298484), Tenacious Ventures Fund II Management Partnership, LP (CAR 001298483), and Tenacious Ventures Fund II Staple Co Pty Ltd (CAR 001298487) are Corporate Authorised Representatives of Sandford Capital Pty Ltd (ABN 82 600 590 887), Australian Financial Services Licence No 461981, and are authorised to provide advisory and dealing in connection with investments to wholesale clients only.