Lewis & Clark AgriFood

We lead deals and work with entrepreneurs through active board participation We create distinctive, highly effective Value Enhancement Plans for each of our investments to ensure our entrepreneurs reach scale

Gene Editing On-Farm Robotics Crop Management Integrated Farming Non-Chemical Pesticides Novel Ingredients Therapeutic Foods Organic & Non-GMO Ingredients Disruptive Products and Supplements Processing & Production Product Traceability Identity Preserved Shelf Life Extension Producer to Consumer Connectivity We bring a breadth of quality sector experience to every investment Our team has a combination of investment and operating experience working with growth stage companies and are able to leverage our broad networks to lead diligence and work with entrepreneurs

Dave has over three decades of experience in the food and agriculture industries Before joining Lewis & Clark Partners, David served as President (Food Group) for 1800Flowers com, Inc (Nasdaq: FLWS), a manufacturer, distributor, and retailer of floral, food, and gift products with revenues exceeding $1 2 BN in 2017 His responsibilities at 1800Flowers com included an approximately $700mm revenue stream; 2,000 permanent and ramped to 10,000 employees seasonally; 3,000 acres of fruit farms; and eight food manufacturing, assembly, sorting and distribution facilities

Prior to that, David served as Co-Founder and Co-Owner of Alpine Confections and Chief Executive Officer of Fannie May Confections Brands Alpine grew from a $12mm entity to over $130mm before successfully exiting to 1800Flowers com He previously worked in the Strategy and Business Development Group of Cargill, Inc , an international marketer, processor, and distributor of food, financial, and industrial products

David was raised in a small farming community in Indiana, where his family owned the local grain elevator, feed mill, seed dealership, fertilizer distributor, and railroad Over the course of his career, David has been involved in 40+ M&A transactions and joint ventures

David is a veteran (U S Army, 4th Infantry Division) He holds a B B A Finance and Business Economics from the University of Notre Dame and a MBA from Harvard Business School

Tom Hillman has been involved with private business enterprises over the course of his career, during which time he’s owned more than 50 companies in a wide variety of industries He previously served as Director of Answers (internet lead generation and search engine company) and founding shareholder and Board member of Hoover’s, Inc (public business content and research company) He was also Director/Owner of Rainforest Aquaculture, a world-leading tilapia farm

Tom currently serves on the Barnes Jewish Hospital Board of Directors/Executive Committee, leading the Finance and Planning Committee, and recently joined the BJC board of Directors He is on the Board of Trustees and assorted National Councils at Washington University in St Louis

Mr Hillman served as Board President of the Center of Creative Arts (a St Louis-based community performing arts center) and Chairman of the Young Presidents’ Organization – St Louis chapter He holds his B S from Washington University in St Louis

As a Managing Director at Lewis & Clark AgriFood, Larry is responsible for all facets of fund management, including raising funds, leading investments, and corporate governance via board membership

Larry joined Lewis & Clark in 2016 after working at PierianDx, a start-up specializing in clinical bioinformatics, where he managed several facets of the business including on the laboratory and sales teams He was also an Entrepreneur-in-Residence at the Nidus Partnership, and he served as Chief Technology Officer of Terra Biologics, a start-up working to commercialize cyanobacteria-based biofertilizers

Larry received his PhD in Biochemistry from Washington University in St Louis, where his thesis focused on the basic mechanics of photosynthetic light harvesting He conducted undergraduate research on plant molecular biology at the University of Missouri-Columbia, where he received a B S in Biochemistry

Tim Hassler is responsible for deal sourcing, due diligence, investment, and portfolio management for the Lewis & Clark AgriFood Fund Prior to joining Lewis & Clark Partners, Tim was a former Managing Director for Advantage Capital Agribusiness Partners (ACAP), a $154 5M Rural Business Investment Company focused exclusively on the food and agribusiness sector Tim managed all aspects of the fund, including fundraising, deal sourcing, due diligence, portfolio management, and reporting He led six investments for ACAP and served as a board member or observer on each investment

Additionally, Tim was co-founder of Patriot Capital Funding, a specialty finance company providing mezzanine debt One-stop debt financing and equity co-investment to companies primarily owned by private equity sponsors His responsibilities while at Patriot Capital Funding spanned all elements of the investment process including; Chief Investment Officer, Chief Operating Officer and Chief Compliance Officer Tim has previous experience with U S Bank covering food and agribusiness lending group in the capital markets division

Tim received his B S of Finance from the University of Illinois and his M B A from Washington University

Meg Lane has experience in a wide range of accounting functions including financial reporting, budgeting/forecasting, implementation and evaluation of internal controls, and external auditing In her professional career, she has worked with a diverse group of companies in a variety of industries such as financial services, real estate, and health care She serves as the Chief Financial Officer for Lewis & Clark Holdings, Ventures, Capital and Real Estate and assumes various roles in those companies as a Board member/observer and Investment Committee member

Meg was formerly the Controller at Allegro Senior Living, a developer and manager of senior housing communities; she was also an Auditor at Deloitte LP

Over the course of her career, Meg has been involved in 20+ M&A transactions She holds her B S B A in Accountancy and her M S in Accountancy from the University of Notre Dame

David Russell is focused on the AgriFood Fund looking at plant productivity, farm productivity, and supply chain efficiency Prior to joining Lewis & Clark Partners, David led Monsanto’s Biotechnology Prospecting Team looking for innovative opportunities to support the Monsanto agriculture technology platforms As part of this effort, he continued to build an extensive Ag Tech network including research institutes, universities, start-ups, and agriculture companies

In a previous role, David helped lead the development of animal feed and grain processing traits as part of the Renessen LLC JV At Renessen, David was V P of Product Development & Technology and led the technology, product development and regulatory science functions He started his Ag career with Agracetus, Inc , an early Ag biotec startup, where he led teams developing new seeds traits and investigating novel plant seed approaches to animal nutrition and human health

David received his B S from U of Minnesota, Morris, his PhD from Rice University in microbial gene expression, and did a NSF Postdoctoral Fellowship at Harvard University exploring light regulation in corn

JoAnn has extensive investment and operating experience owning, advising and managing companies in the food and agriculture sectors As a Lewis & Clark Operating Partner, she continues as the Managing Partner and President of Demeter LP, a privately held agribusiness firm headquartered in Fowler, Indiana

Through multiple acquisitions and management agreements, Demeter owned and operated numerous grain facilities in Indiana, Illinois and Wisconsin At its peak, Demeter grew to be one of the largest grain companies in North America Corn, soybeans, wheat and specialty grains originating at these grain facilities were merchandised and sold into the poultry, ethanol, processing and export markets In 1996, the majority of the Demeter grain assets were acquired by the Archer Daniels Midland Company Demeter continued to operate and organically grow the remaining grain assets and businesses Recently, the company agreed to sell its core business, its grain assets, to The DeLong Company of Clinton, Wisconsin

JoAnn is the current chair of the National Grain & Feed Association and serves as a trustee of Purdue University She was elected to the board of the Indiana Chamber of Commerce in 2010, chosen as one of the Indiana Chamber Volunteers of the Year in 2018, was vice chair in 2020, and was recently appointed as Chairman of the Board of Directors for 2021 Her achievements also include being awarded the AgriVision Award from the State of Indiana in 2010 and being appointed to the Advisory Committee for Trade Policy and Negotiation by President George W Bush in 2003 and again in 2005

She earned a Bachelor of Arts degree from Hanover College, majoring in business

Mr Welker is a senior executive with over 30 years of experience in Fortune 100 and startup companies focused in the agriculture, chemicals, and materials industries Notably, Steve managed the global alfalfa seed business for a division of Land O’Lakes, one of the leading co-ops in U S agriculture Prior to his role at Land O’Lakes, he held several commercial roles at Monsanto and multiple commercial and technical roles at large chemical companies including DuPont, Monsanto Chemical, and Solutia, as well as small companies and start-ups