the Rockefeller Foundation, an agtech-focused venture capital fund, announced that it has raised $46m for its second investment fund. The firm's target is $75m by August 2018. Investors in this phase have included Omnivore Partners, the Sorenson Impact Foundation, KfW, and the Dutch Good Growth Fund. Omnivore plans to use the money raised to support technologies that help increase profitability for smallhold farmers. It currently owns 12 companies, specialising in technologies including solar powered irrigation, climate analytics and digital crop insurance products.
Omnivore Partners, an agtech-focused venture capital fund, announced that it has raised $46m for its second investment fund. The firm's target is $75m by August 2018. Investors in this phase have included the Rockefeller Foundation, the Sorenson Impact Foundation, KfW, and the Dutch Good Growth Fund. Omnivore plans to use the money raised to support technologies that help increase profitability for smallhold farmers. It currently owns 12 companies, specialising in technologies including solar powered irrigation, climate analytics and digital crop insurance products.