Agrifood tech feeder
Where capital meets tech and nature
Carbon Equity's agrifood tech feeder
Carbon Equity selected Astanor Ventures to provide our investors with access to a top agrifood tech fund.
“Our mission as impact investors is to find, support and scale the most disruptive, impactful solutions to accelerate progress towards global sustainability targets.”
|Stage||Early stage (A+B)|
Why the time to invest in agrifood tech is now
The 9.3 trillion dollar agrifood market is already changing fundamentally, and we believe this change will only accelerate in the coming years. Heightened awareness and information transparency are accelerating consumer demand for healthy and planet-proof food. Food system incumbents are on the lookout for new innovations to achieve their ambitious sustainability strategies. Policies such as the 2020 EU Farm-to-Fork strategy will further create the market conditions for a fair, healthy and environmentally-friendly food system.
Today we already see that after mobility, most climate tech unicorns arise in the food vertical. Beyond Meat, Ynsect and Infarm are telling examples. The investments in climate tech AgriFood already doubled over the last year to 11B US and we are expecting much more growth to come.
The world has woken up to the pressing need to move to a new agrifood system, a shift that can only be started by entrepreneurs free from the inertia that slows down large incumbents. Thanks to these disruptors, agrifood can be transformed from one of the leading causes of social and environmental harm into the greatest regenerative solution.
As an early-stage impact investor in the agrifood sector, Astanor is facing multiple challenges: investing in technology driven solutions that can scale rapidly to respond to today’s urgent climate and social crisis, supporting their companies over the long-term to scale their positive impact with growth and quantifying Astanor’s contribution to global goals in a transparent and honest way.
Expected to reach $290b by 2035, capturing 11% of the protein market. Plant-based seafood expected to reach $1.9b by 2031.
Precision irrigation: expected +2.5x by 2027 resulting in a $21b market. Agri robotics: expected +4x by 2026 resulting in a $ 21.1b market.
Biofertilizers: expected +2x by 2027 resulting in a $ 3.28b market. Biopesticides: expected +2x by 2025 resulting in a $ 8.5b market.
Expected +1.5x increase by 2026 resulting in a $470.3b market.
Expected +6.4x increase by 2026 resulting in a $85.2b market.
Expected +2x increase by 2026 resulting in a $27.2b market.
Why Astanor is leading the way
Astanor Ventures will mobilize capital and innovators to transform the agrifood sector on a global scale. They are leading the way on 5 main areas:
Astanor is a recognized leading partner for disruptive agrifood tech entrepreneurs. They are successfully fundraising and deploying capital across key agrifood tech segments since 2017. Astanor raised €264 for their Good Harvest Ventures 1 fund. This is currently invested in 28 portfolio companies who – in under 3 years– became the gold standard of agrifood tech.
Your partner team of experienced investors, managers and entrepreneurs
Astanor Ventures is lead by a very skilled partner team supported by a broad network for sourcing & diligence. The partners have a divers background of leading positions at organizations like:
In under 3 years, Astanor's portfolio has become the gold standard in agrifood tech
Astanor has build up a solid track record of 28 portfolio companies through their Good Harvest Ventures 1 Fund including 3 companies who received an unicorn* status.
*a unicorn is a startup that is privately-owned with a valuation exceeding $1 billion.
Antoine Hubert | Co-founder & CEO Ynsect
Astanor envisions a sustainable food system that is not only climate-neutral, but also planet-friendly, nourishing, regenerative and delicious. The fund targets true transformation, like building new supply chains from scratch, and goes the full mile to support entrepreneurs in the process.
Aiming to regenerate food systems, shorten value chains and innovating processes and materials, the fund has identified a set of 20 priority areas, like food waste and plant-based ingredients. For each, it does extensive research to identify the best solutions and find the most promising entrepreneurs that build them.
During diligence, the fund assesses the alignment of founders with Astanor’s mission and principles, as well as a company’s impact potential, to come to an investment decision. Post-investment, Astanor supports companies to do a full life-cycle analysis (LCA) of its products and acts as an impact advisor through quarterly impact calls and by sharing an extensive library of best practices and tools.
Carbon Equity Impact Score
Astanor Ventures achieved a very high score in Carbon Equity’s proprietary impact diligence. You can review the scorecard after requesting more info.
A rapidly growing industry requires the investment team to be ahead of the curve. Astanor is building a leading community of advisors and organizations to stay on top of key food, agricultural & health regulations and standards.
Why invest via Carbon Equity
Jacqueline van den Ende| Co-founder & CEO Carbon Equity
We believe that everybody should be able to use their capital to make a real climate impact. Carbon Equity allows investors to participate in top-tier climate funds by lowering entry barriers to private equity.
How does it work
You can request access to all fund documentation including our climate due diligence (summary), full fund deck and the term sheet.
After requesting more information we will reach out for a short introduction call. In this call we want to make sure that any unanswered questions are being addressed.
After reviewing all documents you can decide to invest via the “invest” button on this page or the URL in the information room. By reserving your allocation, you are sure of allocating into the fund (as long as the fund is still open).
By the end of January all investors will be requested to start the onboarding process. This process will require you to identify yourself in our onboarding portal, this can take up to 10 minutes.
Terms & conditions
|Feeder target size||EUR 5,000,000|
|Sector focus||Agrifood tech|
|Target net return (MOIC)||2x|
|Setup fee (one-off)||1%|
|Annual management fee||0.65%|
|Start Raise||December 2021|
|First Close||February 2022|
|Fund lifetime:||10 years|
|Minimum investment||EUR 100,000|
General Climate & Fund updates
Agrifood tech feeder
|Feeder size||5 million|