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Fund profile

P

Pepsico Greenhouse Accelerator

Gig Harbor, United States

Leading

About

The Greenhouse Accelerator is a sustainability-focused initiative by PepsiCo that operates globally, including in the Asia-Pacific (APAC) region. Launched in 2023, this program is designed to support startups that develop innovative solutions aligned with PepsiCo's goals of achieving net-zero emissions by 2040 and promoting sustainable practices across their supply chain. The accelerator offers mentorship, financial grants, and networking opportunities to help startups scale their impact. In APAC, where rapid economic growth presents unique sustainability challenges, the Greenhouse Accelerator plays a critical role in fostering innovation. By partnering with startups focused on the circular economy, sustainable agriculture, and climate action, the program helps address significant environmental issues while also contributing to PepsiCo's broader Pep+ (PepsiCo Positive) strategy. This strategy emphasizes positive agriculture, sustainable packaging, and healthier consumer choices, aiming to transform PepsiCo’s business operations worldwide. The accelerator’s success is evident in its global engagement, with over 86 companies having participated across various regions since its inception in 2017. In the APAC region, the program has already supported several pilot projects, demonstrating the power of collaboration between large corporations and agile startups to drive sustainability at scale. Startups in the program receive an initial grant of $20,000, with the potential for further funding based on their success in developing impactful, scalable solutions.

Details

Round

Grant

Previous Investments

Agritech & Farming
AI & Deep Tech
CleanTech & Sustainability
E-commerce & Retail
Energy & Utilities
Food & Beverage
Hardware. Robotics & IoT
HR & Recruitment
Legal & Professional services

Highlights

$9.5k

Historical average check

$20k

Historical max check

July 2024

Last investment date

19

Investments

Food & Beverage

Hardware. Robotics & IoT

Legal & Professional services

E-commerce & Retail

CleanTech & Sustainability

Other

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Website

greenhouseaccelerator.com

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