Frank Klemens

Managing Director, GFRP Fund at Big Idea Ventures · Joined 2022

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Biography

Frank Klemens, PhD, is Managing Director of Big Idea Ventures' Generation Food Rural Partners fund, appointed in an announcement dated 15 February 2022. Before joining he was Managing Director of DuPont Ventures, where the firm's team page says he oversaw all aspects of sourcing, analysing and executing strategic equity investments and licensing for DuPont's businesses, with focus areas including biotech, food ingredients, food safety, nutrition, electronics, IoT, machine learning and advanced materials. He holds a BS and MS in Chemistry and a PhD in Inorganic Chemistry, all from Purdue University. He is listed as a director of Generation Food Rural Partners I, LP in that fund's SEC Form D. In the firm's own announcement of the fund's USDA Rural Business Investment Company licence he described GFRP as combining innovations created at the fund's 21 partner universities with market need in agriculture, food and protein sciences to create new companies. No current board of directors seat at a portfolio company is stated in any source read.

Education

Previous Experience

Notable Investments

Nexture Bio

Career Timeline

2022
Appointed Managing Director for the Generation Food Rural Partners fund at Big Idea Ventures, announced 15 February 2022.
2023
Quoted as Managing Director of the GFRP at BIV in the 19 January 2023 announcement of the fund's USDA Rural Business Investment Company licence, referring to the fund's 21 partner universities.
2023
Quoted as Managing Director of the GFRP Fund in the 5 December 2023 announcement of the launch of Nexture Bio.
2025
Listed as a Director of Generation Food Rural Partners I, LP in the Form D/A filed 14 February 2025.

Sources & References

Big Idea Ventures - Team page biography ↗GlobeNewswire - Big Idea Ventures Appoints Managing Director for Generation Food Rural Partners Fund (15 February 2022) ↗Big Idea Ventures - GFRP receives USDA RBIC licence (19 January 2023) ↗Big Idea Ventures - GFRP launches Nexture Bio (5 December 2023) ↗SEC EDGAR - Form D/A of Generation Food Rural Partners I, LP (Klemens as director) ↗