Corporate venturing as an agent of change: Alternative Proteins investment database

23-09 ISSN 2732-4214 (Online) About this report The Smith School of Enterprise and the Environment (SSEE) was established with a benefaction by the Smith family in 2008 to tackle major environmental challenges by bringing public and private enterprise together with the University of Oxford’s world- leading teaching and research. [...] In 2021, the Oxford Smith School of Enterprise and the Environment published a paper1 that explored the emerging role of established food companies as investors and drivers of alternative protein innovation. [...] Our hypothesis was that with a credible route to market – a core element of the corporate venturing proposition – meat and dairy analogues that look the same, taste the same and cost the same (or less) as the ‘real thing’ could transform the protein mix in human and animal diets within a single generation. [...] Activity by geography In terms of the location of corporate venturing companies, alternative protein ventures and other (non-food) syndicated investors, there is a significant concentration in North America, which is consistent with the relative size of the market. [...] Smith School of Enterprise and the Environment School of Geography and the Environment | OUCE | University of Oxford | South Parks Road | Oxford OX1 3QY +44 (0)1865 614963 | enquiries@smithschool.ox.ac.uk Oxford Smith School of Enterprise and the Environment | Working Paper No.