Astanor Ventures launches Europe’s largest impact fund at €274.6 million to back agri-food and ocean tech startups
With its first impact fund, it is seeking Europe and North America’s most ambitious entrepreneurs across food, agriculture and ocean tech startups who share this mission and want to solve systemic challenges across the food system and build businesses that thrive with nature. The food and agriculture sector in modern times has been designed to deliver calories at an ever-lower price. When one part of the ecosystem that connects farmers, consumers, livestock, rivers, seas, soil, plants and air becomes damaged, all parts suffer. Investors who have built massive successes such as Spotify and gone through multiple downturns know how to create lasting value. The Astanor team has also got a very strong and diverse network, with a true bridge between Europe and the US.