Amsterdam-based Pymwymic, an influence funding agency, introduced on Wednesday that it has closed its Wholesome Meals Methods Impression Fund II at €71.5M, surpassing the goal of €70M.
Over 250 personal traders and 7 institutional traders – AGCO, ASR, Make investments Worldwide, Make investments-NL, Klaverblad Verzekeringen, Oost NL, and Van Lanschot Kempen, backed the fund.
The announcement comes over a yr after elevating €20M final April for its Wholesome Meals Methods Impression Fund II.
Wholesome Meals Methods Impression Fund II
The Wholesome Meals Methods Impression Fund II focuses on early-stage AgriFood scale-ups that provide pioneering options in areas like sustainable farming, meals waste discount, and regenerative agriculture.
With six firms already in its portfolio, the fund goals to spend money on modern firms which might be set to drive the way forward for meals.
“We’re dedicated to the fact {that a} regenerative meals system is the one manner ahead and assist the dare devils engaged on options advancing this pathway,” says Rogier Pieterse, Managing Associate Pymwymic.
Pymwymic: Put Your Cash The place Your Which means Is Neighborhood
Pymwymic (Put Your Cash The place Your Which means Is Neighborhood) is a co-owned organisation of European wealth holders.
The neighborhood consists of over 250 people, households, entrepreneurs, and angel traders of various backgrounds, ages, and nationalities.
In 2017, Pymwymic Cooperative launched its Wholesome Ecosystems Impression Fund I, which was joined by Van Lanschot Kempen.
The fund, which aimed to protect and restore ecosystems, closed in early 2021 with 9 portfolio firms constructing options for a greater future.
Pymwymic is now investing by way of the Wholesome Meals Methods Impression Fund II, which helps entrepreneurs who’re remodeling the meals system from farm to fork.
