Farming’s Green Revolution Gets Venture Capital Fund Backing
Two Silicon Valley tech veterans are backing a food revolution as climate change and the coronavirus pandemic draw billions of dollars of investment into finding sustainable farming solutions.
Astanor Ventures, a Brussels-based venture capital firm founded by Eric Archambeau and George Coelho, has closed a $325 million fund that will invest exclusively in food, agriculture and ocean technology. The fund will target European and North American startups and entrepreneurs focused on solving problems in food production and curbing climate change, Astanor said Friday.
Agritech startups have attracted record funding this...