Regenerative agriculture start-up Cooks Venture raises $4m

US-based regenerative agriculture start-up Cooks Venture has raised $4m to boost the wholesale and retail distribution of its heirloom chickens.

The round was led by its strategic partner Golden West Food Group. It comes after the company secured $12m in financing last year.

Founded by Matthew Wadiak, Cooks Venture is engaged in regenerative agriculture practices leveraging crop science, animal breeding and husbandry and long-term data monitoring.

The pasture-raised, slow-growth, heirloom chicken is the company’s first offering. These chickens are raised at the company’s 800-acre farm, hatchery and breeding facility in Northwest Arkansas.

Golden West Food Group president Josh Solovy said: “Consumers are always looking for a wider variety of ethically sourced meats, and we like to be at the forefront of what’s new and innovative in the market.

“We align with Cooks Venture’s philosophy that better animal husbandry yields higher quality, great tasting and better for you foods.

“That’s why we invested in Cooks Venture and believe they, in short time, will be a market leader for pasture-raised, heirloom and heritage bred, regenerative poultry in the US.”

Meanwhile, Cooks Venture has appointed Ankur Agrawal as its chief financial officer. According to the company, Agrawal was instrumental in securing the agreement with Golden West Food Group.

In his new role, Agrawal will work to finalise new investor partnerships, support company growth and implement new core processes.

Agrawal said: “Matt is committed to making a positive, long-lasting impact on the agriculture and food systems.

“Cooks Venture provides a unique opportunity to combine my passion for heathy food and food systems, reversing climate change and building strong businesses.”