The Production Board

Venture Capital

Permanent capital holding company and venture foundry founded by David Friedberg, building science-led businesses in food, agriculture, climate, and life sciences.

San Francisco, United States · 6+ investments · 4 portfolio companies

Seed
Early Stage
Growth
Climate Tech
Life Sciences
Synthetic Biology
biotechnology
food_and_agriculture
Headquarters
San Francisco, United States
Founded
2016
Website
tpb.co
AUM
$300.0M
Portfolio Companies
4
Total Investments
6
Last Investment
Jun 2026
Geographic Focus
Global, United States

Investment Thesis

Permanent capital holding company using science as engine to reimagine production systems — food, agriculture, energy, and manufacturing — building and investing in companies that reduce environmental harm while creating shareholder value.

The Production Board is a Venture Capital firm based in San Francisco, United States. It has made 6 investments, including Culture Biosciences, Supergut and Triplebar. Focus areas include Climate Tech and Life Sciences.

Portfolio4

Co-investors23

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23 co-investors across 26 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×20 · Accelerator ×1 · Corporate VC ×1 · 27 shared rounds

Investment History

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