Chicago – February 20, 2024 – Cooley advised Bluestein Ventures, a venture capital fund that invests in the future of food, on the close of its $45 million in capital commitments for its third foodtech fund. Partners Rachel Goddard and Rick Ginsberg led the Cooley team advising Bluestein.
Proceeds from the fund will be invested in 20 to 25 pre-seed to Series A companies targeting consumer-facing technology across the supply chain – such as health and wellness, proprietary foodtech, commerce and digital technology. Bluestein Ventures has already invested in a few companies, including BiomeSense, WECO Hospitality and Attane Health. In addition to capital from the Bluestein family, the third fund is the first Bluestein Ventures fund to include external investors.