HomeUSABFG Partners Launches Third Fund

BFG Partners Launches Third Fund

BFG Partners, a Boulder, CO- and Los Angeles, CA-based venture capital firm specializing in early-stage consumer products, activated its third fund, “BFG Fund III”, with commitments already approaching 70% of the $125m target fund size.

This fund will be used to accelerate growth of emerging brands in the food, beverage, and personal care categories.

The firm focuses on food & beverage, personal care, and pet. In addition to providing capital, BFG provides teams with the advice which spans operational strategy, tactical marketing, channel development, organizational design and capital planning.

BFG Fund III follows the success of Fund I ($54m) and Fund II ($108m). Since its formation ten years ago, the firm has made notable investments including early support for some of today’s top trending consumer packaged goods such as OLIPOP, Mid-Day Squares, Athletic Greens, and Vacation.  BFG Partners also had multiple exits, including the acquisition of Chameleon Cold Brew by Nestle, Birch Benders by Sovos Brands, and Curlsmith by Helen of Troy.

The firm is led by Tom Spier, Founder and Managing Partner, and Dayton Miller, Managing Partner.