Rabobank launches Rabo Food & Agri Innovation Fund
Rabobank has launched Rabo Food & Agri Innovation Fund to invest in high-potential, early stage food and agriculture companies in the US and Western Europe.
The global financial services company has created this fund to encourage and promote innovation in the two sectors.
Rabo Food & Agri Innovation Fund will be part of Rabo Private Equity.
Rabo Private Equity global head Lizette Sint said: “The Rabobank Food & Agri Fund focuses on companies that are aligned to Rabobank’s Banking for Food strategy.
“This strategy focuses on contributing to food security in the context of a rapidly growing world population, changing demographics and consumption patterns and an increasingly complex food system.”
In addition to the financial support, various companies will have a complete access to Rabobank’s food and agriculture experts and networks.
Rabo Food & Agri Innovation Fund director Richard O’Gorman said: “We consider investments all along the food and agriculture value chain, with a particular focus on ambitious companies that operate in sectors in which we can optimally leverage Rabobank’s knowledge, expertise, network and position to help create shareholder value.”
The Rabo Food & Agri Innovation Fund is complementary to the other activities supported by the bank in the food and agri space.
Rabobank offers its services in more than 40 countries worldwide.