Astanor Ventures, an agrifood tech impact investing, closed its second venture fund at €360 million. This latest closing tops Astanor's existing various funds and special purpose vehicles, altogether amounting to circa €800 million assets under management.
"We are thrilled to share the successful closing of our second venture fund and prove that among a continuously changing environment and economy, Astanor is here to stay. When looking at new companies to invest in, our approach will continue to always look for highly disruptive and scalable business models, driven by ambitious entrepreneurs who also share our vision of sustainable and resilient agrifood and bio-economy systems," said Eric Archambeau, co-founder and partner of Astanor.
Over the years, Astanor has developed an extensive network of entrepreneurs, experts, scientists, leaders, and policymakers, allowing Astanor to identify the innovative technologies that will drive the bioeconomy, with a specific emphasis on solutions that foster regenerative agriculture. Thanks to this ecosystem, Astanor invested in more than 45 promising companies and mission-driven founders all over the world. This focus aligns with Astanor's core values of climate transition, nature positivity, resource efficiency, and the betterment of social and health outcomes.
Over the last six years, Astanor went from launching a first fund to building a firm led by a passionate team and backed by long-term investors with whom we have built collaborative relationships. Astanor invested in more than 45 promising companies and mission-driven founders all over the world. This focus aligns with Astanor's core values of climate transition, nature positivity, resource efficiency, and the betterment of social and health outcomes.
"As we witness the ever-evolving landscape of the agrifood market, it becomes increasingly evident that innovation is not an option but a necessity. The challenges we face today, from climate change to resource scarcity, demand a transformation in how we produce, distribute, and consume food. Astanor Ventures is dedicated to playing a pivotal role in this transformation by supporting visionary entrepreneurs who are redefining the future of agrifood, paving the way for a more sustainable and resilient global food system." said Hendrik Van Asbroeck, Partner at Astanor Ventures.
Astanor Ventures' dedication to making a profound impact on the world remains at the core of its investment thesis. The company firmly believes that every investment made has the potential to contribute to a more sustainable, equitable, and prosperous future. This commitment to impact isn't just a footnote – it's a guiding principle that permeates every investment and firm decision.
"We are deeply grateful for the trust and confidence our investors have placed in us," added Christina Ulardic, Partner at Astanor Ventures. "This fundraiser allows us to amplify our impact and catalyze innovative solutions that transcend traditional boundaries. We remain committed to supporting entrepreneurs who are pioneering advancements that will shape the future of food and agriculture for a thriving bio-economy."
"At Astanor Ventures, we firmly believe that the agrifood sector holds the key to tackling climate change, biodiversity loss, and human health," said Leslie Kapin, Director of Impact at Astanor Ventures. "Our second fund's successful closure reaffirms our conviction in this vision and our unwavering dedication to catalyzing systemic change within the industry." "As an impact investor, it is core to our mission to scale our companies with both impact and ESG as both are necessary to achieve sustainable and resilient agrifood and bio-economy systems."
As Astanor Ventures embarks on this new chapter armed with an additional €360 million war chest, it reinforces its standing as a long-term player in the investment landscape, poised to reshape agrifood industries, stimulate growth, and contribute to the creation of a sustainable bio-economy.
For more information:
Astanor Ventures
www.astanor.com