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Michael Steib
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Michael Steib

Partner

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At a glance

Full Name
Michael Steib
Title
Partner
Firm
Melitas Ventures (formerly Nebari Ventures — the source of the nebari.us email domain)
Firm Type
Early-stage venture capital (consumer/CPG); invests seed–Series A, a stage often overlapping with angel/seed rounds
Investment Stage
Seed to Series A (early-stage)
Check Size
Not publicly disclosed
Target Company Profile
Early-stage, "better-for-you" branded consumer companies with authentic brands and founders innovating across the everyday consumer experience
Sector Focus
Food & beverage, personal care, beauty, wellness, vitamins & supplements, food technology, and ingredient innovation
Geographic Focus
Primarily U.S. (New York–based firm)
Location
New York, NY (Melitas Ventures, 333 Hudson St, Unit 703)

Background

Michael Steib is a Partner at Melitas Ventures, a New York–based early-stage venture capital firm investing in "better-for-you" consumer brands across food, beverage, personal care, and wellness. The fund was founded in 2017 by Alex Malamatinas and previously operated under the name Nebari Ventures — the origin of Steib's [hidden] email address. (Note: this Michael Steib is a career consumer-sector investor and should not be confused with the similarly named Mike Steib, the former CEO of XO Group/Artsy and current CEO of TEGNA — a different person.)

Steib brings close to three decades of global financial-markets experience to the firm, with a career concentrated on the consumer sector. He began at Morgan Stanley in Mergers & Acquisitions in London, and went on to lead Morgan Stanley's European consumer investment research team. He later relocated to New York, where he served as a Managing Director at Credit Suisse heading U.S. Consumer Products equity research, and subsequently as a Global Consumer Investment Analyst at Artisan Partners.

He joined the Melitas/Nebari team roughly six years ago (circa 2019) as a Partner, applying his public-markets consumer-analyst background to sourcing and diligence on early-stage food, beverage, and CPG deals. He holds an MBA from ESCP Europe in Paris.

Investment Thesis & Focus

  • Invests at the seed to Series A stage in early-stage consumer companies — the firm has made a deliberately concentrated ~19 investments over roughly eight years, signaling a selective, high-conviction approach.
  • Sector focus on "better-for-you" branded consumer products: food & beverage, personal care, beauty, wellness, supplements, food tech, and ingredient innovation.
  • Melitas backs "visionary founders who innovate and transform everyday consumer experiences," prioritizing authentic brands with positive societal and environmental impact.
  • Steib's edge is a deep consumer-analyst lens — decades evaluating consumer-products companies at Morgan Stanley, Credit Suisse, and Artisan Partners — applied to brand quality, category dynamics, and growth trajectory in early-stage CPG.

Notable Investments

  • Nom Nom — fresh dog-food brand; exited to Mars, Inc. (the firm's headline outcome)
  • MUD\WTR — coffee-alternative wellness beverage brand
  • Beekeeper's Naturals — clean, bee-derived wellness and immunity products
  • Verb Energy — low-calorie caffeinated energy snack bars
  • Lemon Perfect — cold-pressed lemon water beverage
  • RIND Snacks — upcycled whole-fruit snacks
  • Abbot's Butcher — plant-based meat alternatives
  • Nurture Life — fresh, ready-to-eat meals for kids
  • Nuts.com — online specialty food and snacks retailer
  • Solely — organic whole-fruit snacks and pastas
  • Dose — liver-support / wellness shots
  • Craize Snacks — corn-and-rice toasted crackers
  • Material — kitchen tools and cookware brand

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