March 21, 2018
Anterra Capital has announced a $75 million extension to its fund, bringing its total to $200 million. The fund, which is backed by Rabobank and Eight Roads, the proprietary investment division of Fidelity International Limited, has offices in Amsterdam and Boston.
Anterra has already made investments with the new funds, including Agriconomie, a marketplace for farmers and their suppliers, and Voltea, a water technology company capable of desalinating water in applications from the farm to consumers’ homes. Anterra also founded Enko Chem, a company discovering novel crop protection chemicals.
“The global food system is the largest employer in the world, has the greatest impact on the environment, and represents a massive portion of consumer spend. The value of innovation within it cannot be ignored,” said Adam Anders, managing partner of Anterra Capital. “We extended the fund to capitalize on this overlooked but incredible opportunity and to expand our team.”
Broad Exposure Across Agtech
Anterra invests in companies bringing proven science and technology breakthroughs into the global food system – and values the knowledge and experience flowing into agtech from other sectors.
Prior to GAI’s 2017 AgTech Week conference in Boston, Anders told GAI News that “we believe that the transformation of the food and agriculture value chain will draw on the knowledge and skills of entrepreneurs and academics from several other sectors. Thus being in Boston allowed us to match our agricultural knowledge and network to the world leading life science, robotics, materials sciences, and big data innovation hubs.”
Anterra also has expanded its team of professionals, adding Axel Wehr and Dan Harburg to focus on software, digital commerce, robotics and automation; and Michelle Haven and Juergen Horn as special advisors on animal health.
By David Nitchman, GAI Media
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