The Re:food circle

The Re:food circle

April 24, 2021

We developed The Re:food Circle as a framework defining the boundaries and ethical foundations of a sustainable food system to help guide transformative investments.

We approach every investment opportunity based on its potential to provide a significant net positive impact on our planetary boundaries and ethical foundation.

The food system is sustainable when it operates within the Re:food circle’s ethical and planetary boundaries. It’s resilient when its design allows it to do so despite severe stress from external events such as harsh weather, droughts, pandemics, or financial crises.

Today’s food system violates several ethical and planetary boundaries. We urgently need new ways of producing, distributing, and consuming food to reverse this destructive trajectory. Luckily, it’s not too late to reform the food system into a sustainable and resilient state.

Four major shifts are required for the food system transformation to take place: the protein shift, the healthy soils revolution, the sustainable supply chain reformation, and the healthy diets transformation. Given the urgency and critical importance for these shifts to succeed, we’ve made them our investment themes to ensure we devote our full attention and resources to supporting the entrepreneurial instigators at the forefront of these rising paradigm shifts.

Given the urgency and critical importance for these shifts to succeed, we've made them our investment themes to ensure we devote our full attention and resources to supporting the entrepreneurial instigators at the forefront of these rising paradigm shifts.

These shifts seek to reverse the damages caused by animal factory farming, overfishing, wasteful and linear supply chains, myopic crop yield techniques, and the global rise of malnutrition. Successfully reversing the damage caused by their root causes can yield transformational returns to the food system, society, and biosphere for generations to come. Thankfully, these four shifts are already in motion, enabled by innovations with transformative potential. To ensure the future food system is truly sustainable we must understand the dynamic complexities of the global food system and carefully monitor the impact when scaling new solutions.

More detailed information about the Re:food circle and our investment philosophy can be found in our Food is Solvable report.

The Re:food circle takes inspiration and builds upon the work of Stockholm Resilience Center’s Nine Planetary Boundaries. We’ve tailored the boundaries of our model to match the ones used by the EAT-Lancet Commission to best reflect the specific impact of the global food system. We’ve added an ethical foundation inspired by Kate Raworth’s Doughnut Economics work*. Our ethical foundation consists of sub-goals of the UN’s SDGs, and the Five Freedoms by the Farm Animal Welfare Council.

Disclaimer: The Re:food circle is a separate model not related to the “Doughnut Economics” model other than its shape. Thus, the Re:food circle should not be treated as a downscaled version of the “Doughnut”.

More stories

May 27, 2025

Ag-Robotics: The Next Frontier in Farm Automation

Ag-robotics holds tremendous promise for the green transformation of food systems by enhancing sustainability and productivity. Innovations such as robots with advanced sensors and AI enable the precise application of fertilizers and pesticides, while robotic weeders and laser systems minimize the need for herbicides, protecting biodiversity. Advanced robotic irrigation can cut water use by over 90%, and autonomous electric machines reduce carbon emissions. Autonomous machines can also be lighter, reducing soil compaction. Robotic systems support soil health through reduced tillage and enable data-driven, sustainable farm management. As labor shortages and sustainability demands intensify, ag robotics is poised to unlock a $100B+ market by 2035. However, despite these significant benefits, widespread adoption faces serious barriers, and the true potential will only be realized by understanding where automation truly creates value.
Read full post
April 16, 2025

Irrigation: Addressing Water Stress in Agriculture

Wait, hasn’t irrigation already been solved? After all, it was invented by Sumerians of ancient Mesopotamia, modern-day Iraq, around 6000 BCE. They developed one of the earliest known irrigation systems using canals, dikes, and reservoirs to manage water from the Tigris and Euphrates Rivers, enabling large-scale agriculture in an otherwise arid region. This innovation played a crucial role in the growth of early civilizations. Still, there are massive investments in irrigation ahead of us, providing opportunities especially for private equity and infrastructure funds.
Read full post
November 7, 2024

Food is Investable: Here's how

Read our report, Food is Investable, on why venture capital, private equity, and infrastructure funds should consider agrifood in their investment strategies. Despite the agrifood sector’s critical role in sustaining life and driving 12% of global GDP, it punches below its weight in capital allocation. In 2023, agrifood was only 2% of private equity’s total assets under management and received only 5.5% of global venture capital. From a climate perspective, it’s even more underinvested. Agrifood emits 26% of GHG emissions but attracts just 1.3% of climate-focused private capital. This is concerning, given the sector’s potential for massive impact and financial returns. Food Is Investable, developed with ADAM Partners, gives you a Treasure Map as an overview of relevant investment segments in agrifood across different asset classes.
Read full post
September 7, 2023

Our Theory of Transformation

When pioneering startups secure backing from seasoned, long-term investors with experience in crafting robust businesses, they have the potential to reshape entire value chains radically and become category leaders in a more sustainable industry. When those same investors build an investment approach that incorporates deep research and systems thinking, and invest in companies at multiple systemic leverage points, they have the potential to transform entire industries and even the global economy.
Read full post
Previous
Next