By Gerelyn Terzo, Global AgInvesting Media After overhauling its venture capital arm earlier this year, Mondelēz International is making moves. The company’s venture capital arm, Mondelēz’s SnackFutures Ventures, has reportedly joined in the latest fundraising round for cocoa-tech startup Celleste Bio. Based in Misgav, Israel, Celleste Bio is behind a proprietary cocoa technology designed to […]
By Gerelyn Terzo, Global AgInvesting Media U.S. non-profit impact investor Acumen has earmarked $300 million for climate finance over the next half decade to support ag founders, entrepreneurs and social enterprises throughout Africa, India, Latin America and Pakistan. This commitment distinguishes the organization as one of the biggest ag impact investors for small and vulnerable […]
By Gerelyn Terzo, Global AgInvesting Media Dutch cooperative Pymwymic, one of Europe’s oldest impact investors, is advancing its mission to transform the food system by backing ‘daredevil’ founders, as noted by Managing Partner Rogier Pieterse. Pymwymic’s Healthy Food Systems Impact Fund II has reached a successful close with €71.5 million (US$77 million) in commitments, surpassing […]
By Gerelyn Terzo, Global AgInvesting Media With the UN Climate Change Conference, aka COP29, in Baku, Azerbaijan days away, investors have their sights set on climate plans. Right on cue, U.K. asset manager Aviva Investors has introduced its Carbon Removal Fund (CRF), the strategy for which involves natural capital and nature technology. Aviva expects the […]
By Gerelyn Terzo, Global AgInvesting Media SVG Ventures has partnered with Tokyo-based Kagome, a global fruit and vegetable company specializing in all things tomatoes, to launch the $50 million Sunrise Agrifood Tech Fund. With a vision to catapult innovation in agri-food tech, the fund will back cutting-edge technologies around the world at the forefront of […]
By Lynda Kiernan-Stone, Global AgInvesting Media PeakBridge announced that PeakBridge Growth Fund II has exceeded expectations, closing at $187 million and bringing total AUM for the firm to more than $250 million. Active in food tech investing since 2000, PeakBridge is a pioneering global impact fund manager in the agrifood tech space focusing on scalable, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Located in one of the world’s top seafood technology hubs, Bluefront Equity is active in driving the food transition by investing in product, service, and tech companies aligned with scaling the global aquaculture industry. To advance this mission, the firm announced it has launched its second seafood impact investment […]
By Lynda Kiernan-Stone, Global AgInvesting Media Corteva Inc. announced it has launched Corteva Catalyst, an investment and partnership platform created to identify and bring to market agricultural innovation with the potential to drive value creation and advance the company’s R&D priorities. The initial focus will be to access opportunities across four strategic verticals: genome editing; […]
By Lynda Kiernan-Stone, Global AgInvesting Media Cultivate Next, the $50 million venture capital fund of Chipotle Mexican Grill, is now a $100 million venture fund after Chipotle announced it doubled its capital commitment to mark the fund’s two-year anniversary. Originally launched in 2022, Cultivate Next makes early-stage investments in strategically aligned startups with the potential […]
By Lynda Kiernan-Stone, Global AgInvesting Media More food tech news out of Europe. Dutch agrifood tech impact investor Future Food Fund II (FFF II) announced its final close at €40 million (US$43.11 million) with the support of aligned entrepreneurs and other high-profile backers such as the European Investment Fund (EIF) – which committed €20 million […]
