St. Louis VC Firm Makes First Investments
Cure8 Ventures, a venture capital firm launched in St. Louis in 2019, says that they will provide funding to four startups with their first group of investments. The firm focuses on supporting startups in the areas of food, health, and wellness. They are also providing funding to a local St. Louis startup, Hungry Planet.
“We are excited to announce our first group of exciting and innovative startups,” said Cure8 Ventures Chief Investment Officer and Managing Partner Tom Siegel. “We look forward to helping each company grow and achieve its respective business goals, while generating a healthy return for our investors.”
The first class of startups Cure8 will provide investments to include:
Center Health (San Francisco): Developer of the Duo Meter and the Aria app, which are designed to cull diabetes data into a single location and provide insights for diabetes management.
Tiesta Tea (Chicago): The company has launched five categories of tea and has a charitable component that involves using a portion of sales to construct wells in Nigeria.
Hungry Planet (St. Louis): This local startup has developed a line of plant-based meats that it says are sold in thousands of locations in the U.S., Australia and New Zealand.
Bonumose (Charlottesville, Virginia): This company uses natural enzymes to create what it calls “good-for-you sugars.” It is focused on commercializing tagatose, a rare sugar it says is a healthier alternative to traditional sugar.
Cure8 says they plan to offer a hands-on, customized acceleration model to its portfolio startups and provide the companies with prominent advisors that include chefs, scientists and business mentors. Cure8 is led by Tom Siegel, Chief Innovation Officer Justin Siegel and Chief Scientific Officer Dan Siegel.