Convent Capital has launched the Agri Food Growth Fund, which offers growth capital to innovative and sustainable companies in the AgriFood industry.
The fund has raised more than €50 million in capital from its investor network and will in the coming months acquire capital from institutional investors to grow to €150 million or beyond. Its first investment is in an innovative manufacturer of plant-based animal feed additives.
The new fund of the Amsterdam-based investment firm delivers growth capital from five up to twenty million euro to innovative and sustainable AgriFood businesses in the OECD region. It focuses on so-called growth capital, the investment phase immediately following venture capital.