SVO bowls over VTC for $15m round

Dec 18, 2019 • Callum Cyrus

VTC Innovation Fund took part in a $15m round for organic meat brand operator Shenandoah Valley Organic, bringing its total to $24.2m.

US-based organic meat brand business Shenandoah Valley Organic (SVO) closed a $15m round yesterday with the involvement of Virginia Tech Carilion (VTC) Innovation Fund, the VC fund partnership between VT and healthcare provider Carilion Clinic.
The round was led by NRV with participation from food and agriculture-focused venture fund S2G Ventures and Open Prairie’s Rural Opportunities Fund. VTC Innovation Fund is managed by Middleland Capital.
Founded in 2014, SVO supplies organic chicken products under the brand Farmer Focus…

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