Pontifax closes AgTech fund on $105m
Pontifax AgTech Management has closed its debut institutional vehicle, the Pontifax Global Food and Agriculture Technology Fund, on $105m.
Commitments were secured from financial institutions, university endowments, investment firms, large-scale growers and family offices.
The newly-raised vehicle will target investments in proven technologies aimed at improving the productivity, sustainability and efficiency of the agriculture supply chain.
The fund has already made seven investments in five companies; Blue River Technology, AgBiome, Conservis, Caribou Biosciences and Anuvia.