Key areas for potential investments include bio-based crop protections, agrifintech, supply chain sectors and education.
Chile is becoming increasingly attractive to investors looking to back nature-based and/or sustainable agriculture-based solutions.
“BIFT is a significant step forward in addressing the smallholder financing gap by unlocking much-needed private capital.”
The successful close comes after months of upheaval for the venture capital industry globally that’s seen many startups and VC firms struggle amid the downturn.
Eric and Wendy Schmidt’s nonprofit just announced $47.3 million in funding for five US-based teams converting biomass into useful products.
Plus… Nestlé enters ‘blended meat’ space, Ahimsa acquires Good Catch alt-seafood production facility from Gathered Foods, and study probes ‘unexplored’ subsoil.
“We have the financial model, investors, and playbook to scale rapidly,” says the Sweden-based company.
Agrifoodtech investor PeakBridge has closed its Growth Fund II at $187m in partnership with Edmond de Rothschild Private Equity, bringing its total AUM (assets under management) to more than $250m.
The Lithuania-based firm recently unveiled a €50 million fund backed by the European Investment Fund.
Early commitments to the fund include The Rockefeller Foundation, Builders Vision, and the Schmidt Family Foundation.
Cibus announced a $510 million close of Cibus Fund II and a $135 million close of its Cibus Enterprise Fund II.
When it comes to data management for dairy producers, there’s a massive untapped opportunity for innovation, says VC investor Innova.
A new One Acre Fund program will act as a “resilience shield” for the 97% of smallholder farmers in Africa lacking insurance.
Fund II will invest in disruptive consumer brands at seed stage up to Series A, cutting checks of around a million dollars with 25-30% of the fund reserved for follow on investments
Fund III will address “problems that transcend time and generation such as water scarcity, the food supply chain, sustainable manufacturing, mobility and energy, and under-represented healthcare.”
Water remains one of the most undervalued and underinvested resources in agrifood innovation despite its intrinsic role in the food system.
The FoodShot Global team looks back on half a decade of agrifoodtech investment and hints at what’s in store for the next five years.
Areas of interest include sustainable packaging, fermentation, agriculture biologicals, crop disease resistance, soil health and regenerative agriculture.
Multi-stage impact investment firm Astanor will continue to invest in agrifood startups with a focus on sustainability.
TerraSafe Materials, the first startup to secure funding from Big Idea Ventures’ Generation Food Rural Partners fund, will license IP from multiple universities to develop novel materials to reduce the amount of plastic waste entering the environment.
