Malta, March 1st, 2019 – PeakBridge Partners today announced that veteran entrepreneur Rick Borenstein will join the firm as a Venture Partner. PeakBridge is a member of EIT Food and manages Newtrition, a dedicated FoodTech venture capital fund. Mr Borenstein brings with him over 30 years of venture capital experience at the highest level. As a co-founder of Sequoia Partners, a “boutique” information technology M&A firm operating on the West Coast, he has represented over 250 software and services firms for sale over the ensuing 25 years. He is a world-renowned expert in high tech company building, Go-To- Market and growth management.
Erich Sieber and Nadav Berger, Founding Managing Partners at PeakBridge, said, “Rick’s name goes before him in the Venture Capital world. We are truly excited to add someone of Rick’s talent and experience to the PeakBridge team.”
A former president of Wells Fargo Investment Company, Mr Borenstein added he was keen to embrace the world of high-impact food technology. “Food represents 10% of global consumer spending and due to massive population growth, food consumption demand is set to skyrocket. The potential for growth is staggering and I’m excited to be part of the PeakBridge team at such a time.”
Mr Borenstein also serves as a Chairman of Sequoia Partners, Buddy Platform and Trellis. He graduated from the University of Michigan (LS&A) and received his MBA from Harvard Business School. He has recently served on the Board of Trustees of National Public Radio and currently serves on the Board of the University of Michigan’s Center For Entrepreneurship as well as two additional non-profit boards. He lives in San Francisco and Tel Aviv.
PeakBridge is an Alternative Investment Fund Manager and Investment Services Firm specialized in high-impact FoodTech. Founded in 2017 by two senior executives with extensive knowledge and experience in the FoodTech field, PeakBridge currently manages Newtrition, a dedicated FoodTech Fund. PeakBridge is the only fund manager to be a member of the world’s largest agri-food innovation initiative called EIT Food, which committed EUR 1.6 billion to revolutionizing the value chain from farm to fork. Further information is available on our Partners Page