Madrid-based Eatable Adventures, a leading agri-food tech investment firm, has recently announced the successful raising of a €30 million fund for investments in the sector. The company has also revealed the first closing of the fund, marking a significant milestone in its mission to support innovative startups in the agri-food tech space.
Eatable Adventures focuses on investing in early-stage companies that are leveraging technology to revolutionize the agriculture and food industries. With this new fund, the firm aims to provide financial support and strategic guidance to startups that are developing cutting-edge solutions to address the challenges faced by these sectors.
The €30 million fund was raised from a diverse group of investors, including institutional investors, family offices, and high-net-worth individuals. This strong backing demonstrates the growing interest and confidence in the potential of agri-food tech to drive positive change and sustainable growth.
The first closing of the fund signifies that Eatable Adventures has secured a significant portion of the total target amount. This initial capital will be used to make investments in promising startups that align with the firm’s investment thesis. Eatable Adventures will actively seek out companies that are developing innovative technologies in areas such as precision agriculture, alternative proteins, food waste reduction, and sustainable packaging.
The agri-food tech sector has been gaining traction in recent years, driven by increasing consumer demand for sustainable and healthy food options, as well as the need to address pressing global challenges such as climate change and food security. Startups in this space are leveraging technologies like artificial intelligence, robotics, and biotechnology to develop solutions that improve efficiency, reduce environmental impact, and enhance food quality and safety.
Eatable Adventures aims to play a crucial role in supporting these startups by providing not only financial resources but also industry expertise and a strong network of partners. The firm’s team consists of experienced professionals with deep knowledge of the agri-food sector, enabling them to identify promising investment opportunities and provide valuable guidance to portfolio companies.
The successful raising of the €30 million fund is a testament to Eatable Adventures’ track record and reputation in the agri-food tech investment space. The firm has previously invested in notable startups such as Biome Makers, a company that uses DNA sequencing to analyze soil health, and Ynsect, a leader in insect protein production for animal feed.
With this new fund, Eatable Adventures is well-positioned to continue its mission of supporting and catalyzing innovation in the agri-food tech sector. The firm’s investments will not only drive economic growth but also contribute to building a more sustainable and resilient food system for the future.
In conclusion, Madrid-based Eatable Adventures has successfully raised a €30 million fund for investments in agri-food tech startups. The first closing of the fund marks an important milestone for the firm and demonstrates the growing interest in the potential of agri-food tech to address global challenges and drive positive change. With its financial resources and industry expertise, Eatable Adventures is well-equipped to support innovative startups in revolutionizing the agriculture and food industries.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: Plato Data Intelligence.
- Source Link: https://zephyrnet.com/madrid-based-eatable-adventures-concludes-first-closing-of-its-e30-million-fund-to-invest-in-agri-food-tech-eu-startups/