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Acre Venture Partners originated as a $125M fund created exclusively by Campbell Soup Company but later transitioned to institutional ownership when Campbell sold its stake to StepStone—an unusual evolution from corporate-backed to traditional VC structure. The fund positions itself as "a climate fund using food and agriculture as our mode of action" and features partner Sam Kass, former White House Chef and Senior Policy Advisor for Nutrition to President Obama, bringing rare policy expertise at the intersection of food, health, and regulation.
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