Rabobank launches venture capital fund for food, agri companies
Rabobank, a financial services provider, is launching the Rabo Food & Agri Innovation Fund, which is part of Rabo Private Equity.
Rabobank, a financial services provider, is launching the Rabo Food & Agri Innovation Fund, which is part of Rabo Private Equity. The fund plans to invest in high-potential, early-stage food and agriculture companies in Western Europe and in the United States. One of the objectives the bank envisions to achieve through this fund is the promotion of innovation in the food and agri space.
“The fund focuses on companies that are in support of Rabobank’s Banking for Food strategy. This strategy focuses on contributing to food security in the context of a rapidly growing world population, changing demographics and consumption patterns, and an increasingly complex food system,” said Lizette Sint, global head of Rabo Private Equity.
The fund’s investments will consist of more than just financial support. Rabobank will be a close investment partner and provide companies it selects full access to the bank’s food and agri experts and networks in order to build value together.