AgFunder cierra un nuevo fondo inicial de $102 millones de euros

AgFunder has successfully closed its fourth early-stage fund, raising $102 million. The fund was oversubscribed amid challenging conditions in the global venture capital sector, including geopolitical tensions and economic instability.

Manuel Gonzalez, a partner at AgFunder VC, highlighted the unique strengths of their venture capital platform, which integrates AI and a talented team to explore technologies that foster growth and human progress. This innovative approach helped them navigate a tough economic landscape and secure substantial investment.

The fund attracted a diverse group of global investors, including family offices like GeoBlue AG and Nest, and institutions such as Japan’s Norinchukin Bank and Alexandria Real Estate. Over a third of the fund has already been allocated to various startups, with a focus on deep tech innovations in food and agriculture.

AgFunder’s portfolio includes companies like Atinary, a no-code AI platform aimed at accelerating materials discovery, and Nium, a UK-based firm working on advanced ammonia production technologies. Other investments include Rarebird, a California coffee brand, New York’s ketone-based energy drink KEYy Aquaconnect, an aquaculture tech platform for Indian farmers.

This fund launch follows AgFunder’s acquisition of the $100 million Blue Horizon Growth Fund, bringing its total assets under management to $300 million.