Anterra Capital (“Anterra”), the global food and agriculture venture capital firm, today announced the initial closing of its second food and agriculture technology fund, Anterra F&A Ventures II, raising 175 million dollars, exceeding the target fund size. Due to the positive market reception of the fund’s mission and strategy, Anterra is moving towards a second raised fund and expects a final close in the third quarter of 2021.
Anterra’s unique investment approach has attracted engagements from a prestigious and aligned group of long-term oriented global investors, with continued support from Eight Roads Ventures, backed by Fidelity, and Rabo Investments, the subsidiary of captive investment of the world’s largest food and agricultural products bank. from the Netherlands – Rabobank. New investors include Novo Holdings, a leading global life sciences investor based in Denmark; Tattarang, one of Australia’s largest private investment groups and the holding company of the private business interests of the Forrest family; as well as other highly respected family offices, sovereign wealth funds and public investors who ensure a global presence on several continents.
Anterra’s mission is to invest and partner with entrepreneurs who are transforming our vital food economy through biotechnology and digital innovation in the fields of crop science, animal health and human nutrition. As a specialized research-driven, value-driven investor, Anterra uniquely combines a traditional approach to venture capital investing and ‘venture capital building’, creating and growing transformative businesses with its in-depth knowledge of the industry and its extensive global network as a pioneer in space. As investor interest grows in the food industry, start-up investments in this critical segment are significantly lower than in other key industries, for comparison, less than half of those in pharmaceuticals and biotechnology (~ $ 40 billion) and about a fifth of venture capital investment in software (~ $ 100 billion).
“The food economy is in critical condition and new digital and biotech solutions are desperately needed to support better outcomes for farmers, consumers and the environment,” said Adam Anders, Managing Partner of Anterra Capital. “With the first close, we are continuing our mission to sustainably transform our food economy, building on our leading position as an early stage investor in markets such as plant and animal health, while actively developing our food and agriculture value chain investment activity. . “
Daniel Auerbach, Senior Managing Partner and Global Head of Eight Roads Ventures, one of Anterra’s main investors, added: “Within Food & Ag, Anterra sits at the intersection of life sciences and life sciences. digital technology and our increased investment reflects our confidence in Anterra’s mission, leadership and performance for us over the past eight years.
“We are delighted to partner with Anterra and support the fund’s transformational mission, which is aligned with our investing activity across the biotech space, and underscores our commitment to invest in innovation within of food and agriculture, ”said Kartik Dharmadhikari, partner of Novo. Growth within Novo Holdings.
With offices in Amsterdam and Boston, Anterra Capital is an international venture capitalist dedicated to financing the growth of technology-driven companies with incredible potential in food, agriculture and animal health. Backed by multinational institutional investors, Anterra provides patient strategic capital to entrepreneurs and innovative companies that are transforming our global food system in a sustainable way. More information: www.anterracapital.com
About Eight Roads Ventures
Eight Roads Ventures is a global investment firm backed by Fidelity. Eight Roads Ventures manages $ 7 billion in assets from offices in China, Hong Kong, India, Japan, UK and US. Our 50-year investment history includes partnerships with over 300 companies such as Alibaba, AppsFlyer, BlackDuck, Chewy, Devoted Health, Flywire, Icertis, iPipeline, Kensho, Letgo, Made.com, Neo4j, Nuance, Paidy, Ping Identity, Pony .ai, PharmEasy, Shadowfax, Toast, Wallapop, WuXi PharmaTech and Xoom. More information: https://eightroads.com
About Novo Holdings A / S
Novo Holdings is recognized as a leading international investor in life sciences, focused on creating long-term value. As an investor in life sciences, Novo Holdings provides seed and venture capital to early stage companies and takes significant stakes in growing and established companies. Novo Holdings also manages a large portfolio of diversified financial assets. More information: http://www.novoholdings.dk
About Rabo Investments
Rabo Investments is Rabobank’s PE investment franchise. It has invested more than 1.5 billion euros worldwide in the cutting edge sectors of food and agriculture, sustainability and health in the Netherlands and in the food sector and of agriculture in the world. Investments range from growth capital for innovative start-ups and scale-ups to investments in established companies and funds. More information: https://raboinvestments.com
Tattarang is one of Australia’s largest private investment groups and is owned by the Forrest family. Its diversified investment portfolio covers agribusiness, energy, resources, real estate and lifestyle. The group is made up of six business divisions, including Harvest Road, one of Australia’s largest and most diverse agricultural companies, with an expanding portfolio of high-quality food. More information: www.tattarang.com