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Amsterdam-based Rockstart, the worldwide early-stage accelerator-VC, introduced on Thursday that it has launched its second AgriFood fund.
The fund targets a ultimate shut at €50M and plans to spend money on as much as 50 startups throughout the coming 5 years.
The fund is backed by The Export and Funding Fund of Denmark (EIFO), De Hoge Dennen, and Danish Agro, amongst different new and current backers.
Rockstart AgriFood Fund II marks the fourth fund from the VC, following launches in AgriFood (2019), Power (2020), and Rising Tech (2022).
The fund goals to proceed supporting early-stage, purpose-driven founders scaling impactful options by leveraging rising applied sciences and revolutionary enterprise fashions that improve the meals provide system from soil and ocean to the intestine.
This fund is at present searching for funding alternatives in regenerative options that may assist restore soils and oceans, making them able to capturing CO2.
It’s also thinking about accountable and round improvements that may create worth from wasted meals whereas lowering meals loss.
Moreover, the fund is searching for quantifiable options and instruments that may present shoppers with higher entry to nutritious meals that tastes good and is nice for them.
Chosen startups obtain an preliminary funding and achieve entry to Rockstart’s tailored
AgriFood accelerator program, operating biannually all through spring and autumn.
The personalized programme prepares startups for his or her subsequent development levels and helps them make a optimistic influence in the long run.
The programme consists of customized early-stage classes on fundraising, scaling, and ESG information assortment and reporting, amongst different precious assets making ready the founders to maximise their influence.
Rockstart AgriFood Fund II will follow-on make investments into its portfolio corporations, aligning with the market as much as collection B.
Rockstart: Empowering purpose-driven founders
Rockstart is an early-stage investor that empowers purpose-driven founders throughout three domains: Power, AgriFood, and Rising Applied sciences.
The corporate invests in early-stage startups from every of the three funds and gives entry to capital, market, and experience by connecting founders with co-investors, mentors, companions, corporates, and the broader Rockstart community.
It has invested in additional than 320 startups and its alumni worth so far is greater than €1.3B.
Rockstart has notable exits similar to Wercker, Dan.com, Hubs.Com, Bouw7, iClinic, and Brincr.
The corporate has places of work in Amsterdam, Copenhagen, and Bogota.
The VC has LPs in its funds, together with EIFO, household places of work like De Hoge Dennen, massive pension funds like APG, and corporates like Arla Meals and Eneco.
Over time, Rockstart has co-invested alongside Balderton, EQT, Endit, Astanor, Accel, SET Ventures, AgFunder, and ForwardOne, along with many different VCs, casual traders, and CVCs.
“We’re on a mission to empower purpose-driven founders on a worldwide scale. Guiding startups by means of scaling and providing entry to capital, particularly in difficult markets, stays basic to our founder-focused ethos. We’re enthusiastic about our ongoing collaborations with companions, mentors, and stakeholders, forging impactful alliances that drive optimistic change throughout various domains.” states Rune Theill, CEO and Co-Founder, Rockstart.
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