Amsterdam-based Rockstart, a leading startup accelerator, has recently announced the launch of its second AgriFood fund worth €50 million. The fund aims to support early-stage startups in the agriculture and food technology sectors, fostering their growth and innovation.
Rockstart has a strong track record of successfully nurturing startups and helping them scale their businesses. With this new fund, the accelerator aims to further strengthen its position as a key player in the AgriFood industry, supporting startups that are working towards sustainable and efficient solutions for the global food system.
The AgriFood sector is undergoing significant transformation, driven by the need to address pressing challenges such as population growth, climate change, and resource scarcity. Startups in this space are developing innovative technologies and business models to tackle these issues and create a more sustainable and resilient food system.
Rockstart’s AgriFood fund will provide startups with the necessary capital, expertise, and network to accelerate their growth. The fund will focus on early-stage companies that are developing solutions across the entire food value chain, including agriculture, aquaculture, alternative proteins, food waste reduction, and supply chain optimization.
Startups selected for the program will receive an investment of up to €2 million, along with access to Rockstart’s extensive network of mentors, industry experts, and investors. The accelerator will also provide tailored support in areas such as business development, marketing, legal, and financial management.
One of the key strengths of Rockstart’s AgriFood fund is its focus on sustainability. The accelerator is committed to supporting startups that are working towards a more sustainable and circular food system. This aligns with the European Union’s goals of achieving a carbon-neutral economy and reducing greenhouse gas emissions.
In addition to financial support, Rockstart will also offer startups access to its state-of-the-art facilities in Amsterdam. The accelerator’s campus provides a collaborative environment where entrepreneurs can work alongside like-minded individuals and benefit from shared resources and knowledge.
Rockstart’s first AgriFood fund, launched in 2017, has already supported several successful startups. One notable example is Physee, a company that develops transparent solar panels for buildings. With Rockstart’s support, Physee has grown rapidly and secured significant partnerships with major players in the construction industry.
The launch of the second AgriFood fund reflects Rockstart’s commitment to driving innovation and sustainability in the AgriFood sector. By providing startups with the necessary resources and support, the accelerator aims to help them overcome the challenges they face in scaling their businesses and making a positive impact on the food system.
The AgriFood fund is now open for applications, and Rockstart is actively seeking startups that are developing disruptive solutions in the agriculture and food technology sectors. With its strong network, expertise, and financial backing, Rockstart is well-positioned to support early-stage startups and contribute to the growth and transformation of the AgriFood industry.
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- Source Link: https://zephyrnet.com/amsterdam-based-rockstart-launches-e50-million-second-agrifood-fund-to-double-down-on-early-stage-startups-eu-startups/