Arabella Advisors believes that the recipe for a good food system has three essential ingredients: a culture that demands good food, an infrastructure that supplies good food to meet that demand, and a policy environment that enables a good food system to take root. However, philanthropy alone can’t address all the gaps in the system. Private-sector entrepreneurs and companies need donors to back innovative new ventures that can bring sustainable, healthy, and affordable food to market. In this report, Arabella identifies five areas where capital investments can be maximized for both strong investment returns and meaningful impact on the good food supply chain: sustainable agriculture, sustainable seafood, healthy food, access and equity, and food waste. Within each category, we define the problem and highlight the most promising investment opportunities in an exciting and growing market.