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‘VCs need their money back’: why sustainable startups struggle to fix our broken food system

Firms such as Smallhold have lessons to be learned on what business can – and can’t – do in transforming agriculture

When Andrew Carter and Adam DeMartino started their business Smallhold in 2017, they set out with a simple vision they thought could have a big impact: feed people mushrooms.

“Mushrooms are one of the most sustainable calories on the planet, in every aspect,” Carter said, whether you’re looking at water, waste, plastic use or greenhouse gas emissions. “We just wanted to get more people eating them.”

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