AgFunder Expands Portfolio with Management of Blue Horizon’s Growth Fund

AgFunder, a leading agrifoodtech venture capital and intelligence platform, has recently assumed management of Blue Horizon’s growth fund. Based in Zürich, Blue Horizon has opted to refocus on its core operational activities, exiting the investment advisory sector to drive forward the global shift towards a sustainable food system.

For Limited Partners (LPs) invested in the Growth Fund, this transition brings access to AgFunder’s expansive global network. AgFunder operates from key hubs in Silicon Valley, London, and Singapore, ensuring continuity through a team transition from Blue Horizon. LPs will also benefit from AgFunder’s resources, including AgFunderNews, comprehensive research capabilities, and GAIA, their proprietary database and AI platform encompassing over 60,000 agtech and foodtech startups.

Michael Dean, Founding Partner at AgFunder, expressed enthusiasm about this new phase, highlighting, “We’re thrilled to embark on growth-stage investing with the support of top European institutional investors. This partnership extends AgFunder’s platform to more mature agrifoodtech startups, fostering innovation and scalability within the industry. It also provides our European investors, both current and prospective, with access to our extensive global network.”

Hector Freitas, Partner & Head of Business Development at Blue Horizon, emphasized the strategic synergy between the two entities, stating, “Our partnership with AgFunder leverages the combined expertise and networks of both organizations to accelerate the transition to a sustainable food system. We remain committed to shaping, supporting, and promoting operational excellence and innovation within the alternative protein industry.”

By integrating Blue Horizon’s growth fund, AgFunder significantly boosts its assets under management to $300 million, introducing a portfolio of growth-stage investments.