Oyster Bay Venture Capital
Also known as Oyster Bay, OYSTER BAY Venture Capital, Oyster Bay Management GmbH
Hamburg food and beverage tech VC (founded 2018) leading Seed to Series A rounds along the food value chain; Fund II closed above EUR 100m in Nov 2025.
Hamburg food and agtech VC; not related to Oyster Bay (New York) or to any oyster or seafood company.
- HEADQUARTERS
- Hamburg, Germany
- FOUNDED
- 2018
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 11 people
Focus
- STAGES
- SeedSeries ASeries B
- ASSET MIX
- Venture capitalImpact
- GEOGRAPHY
- Europe
Overview
Oyster Bay Venture Capital is a Hamburg venture capital firm managed by Oyster Bay Management GmbH, founded in 2018 by Christoph Miller; Felix Leonhardt, a founder from its first portfolio, later joined as Managing Partner. It invests in impact-driven companies across the food value chain, from agtech and food-tech to better-for-you food and beverage brands, typically as lead investor with initial checks of EUR 1–5m and follow-on reserves. Its first fund backed Oatly, air up and True Gum; Fund II reached a final close of more than EUR 100m in November 2025 with the EIF and KfW among its investors.
Investment thesis
Impact-driven companies along the food value chain (ag-tech, food-tech products and services, innovative and better-for-you food and beverage); Seed and Series A, opportunistically earlier or later up to Series B; 1–2 new investments per quarter, preferably as lead, following on in the next two rounds; team first, then positive impact per its own framework, then a healthy business model with traction.
PORTFOLIO (19)
- MeatlyNOTABLEFood & Agriculture · since 2026
- goodBytzNOTABLEFood & Agriculture · Active
- air upNOTABLEConsumer & E-commerce · Partially exited (part of holding sold in 2023)
- OatlyNOTABLEFood & Agriculture · since 2018 · IPO
- Food & Agriculture · since 2026 · Active
- Food & Agriculture · Active
- Climate & Energy · Active
- Consumer & E-commerce · Active
- Food & Agriculture · Active
- Consumer & E-commerce · Active
- Food & Agriculture · Active
- Food & Agriculture · Active
- Food & Agriculture · Active
- Food & Agriculture · Active
- Food & Agriculture · Acquired (by Döhler, 2026)
- Consumer & E-commerce · Acquired (by Humble Group, 2021)
- purefoodFood & Agriculture · Acquired (2020)
- Food & Agriculture · Written off
- Food & Agriculture · Written off (failed end-2025)
People
- Christoph MillerFounding Partner; Managing Partner (Impressum) · source
- Felix LeonhardtManaging Partner · source
- Philip StarkPartner · source
- Divya MurthyPrincipal · source
- Ragne MaaselHead of Impact · source
- Elise SchumacherAssociate · source
- Flynn SeegerAssociate · source
- Marie van HoveAnalyst · source
- Johanna RolfSenior Finance Manager · source
- Heike SommerOperations Manager · source
- Lisa ThomsenExecutive Assistant · source
Links
Frequently asked questions
Oyster Bay Venture Capital is a VC fund based in Hamburg, Germany, founded in 2018.
Yes. Oyster Bay Venture Capital invests its own capital in private companies.
Oyster Bay Venture Capital invests at Seed, Series A and Series B stages in Food & Agriculture, Consumer & E-commerce, Biotech & Life Sciences and Climate & Energy.
Oyster Bay Venture Capital's stated ticket size is €1M–€5M.
Key people at Oyster Bay Venture Capital include Christoph Miller (Founding Partner; Managing Partner (Impressum)), Felix Leonhardt (Managing Partner), Philip Stark (Partner) and Divya Murthy (Principal).
Oyster Bay Venture Capital's investments include Meatly, goodBytz, air up, Oatly, Eternal.ag, Amatera, Arda Biomaterials and Dropz, among others.
The most recent publicly reported investment by Oyster Bay Venture Capital is Meatly (Series A (GBP 10.4m), new investor), announced in May 2026.
Oyster Bay Venture Capital states that it accepts submissions through its official contact page.
Yes. Oyster Bay Venture Capital manages capital from outside investors.