Astanor Ventures, an agrifood tech impact investor that backs “ambitious” entrepreneurs in Europe and beyond, has announced the close of its second venture fund at €360M. This brings the firm’s total assets under management to nearly €800M.
According to Astanor, the latest fundraising underscores its dedication to driving transformative change in the agri-food sector and solidifies its position as a forward-thinking player in the investment landscape.
Christina Ulardic, Partner at Astanor Ventures says, “This fundraise allows us to amplify our impact and catalyse 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 bioeconomy.”
Leslie Kapin, Director of Impact at Astanor Ventures adds, “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 bioeconomy systems.”
What to expect from the new fund?
Astanor Ventures, following the success of its first venture fund, remains dedicated to its core investment strategy. The strategy involves supporting early-stage, mission-driven companies that address social or environmental issues with nature-positive solutions.
Astanor emphasises the importance of a holistic approach to drive meaningful systemic change in the sector.
Hendrik Van Asbroeck, Partner at Astanor Ventures says, “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.”
“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 bioeconomy systems,” adds Eric Archambeau, co-founder and partner of Astanor.
Astanor claims to have built an extensive network that helps them identify innovative technologies for the bioeconomy, with a focus on regenerative agriculture solutions.
The firm has already invested in over 45 mission-driven companies worldwide, driven by their core values of climate transition, nature positivity, resource efficiency, and social and health improvement.
Brief about Astanor Ventures
Astanor Ventures is a global impact investor focused on backing innovative entrepreneurs with scalable solutions for transforming the agrifood value chain. It prioritises sustainability and impact, nurturing early-stage companies that use technology to drive positive change.
The firm’s key values include climate transition, nature positivity, resource efficiency, and improving social and health outcomes, making them leaders in fostering a regenerative and sustainable bioeconomy.