European AgTech and FoodTech pioneer Capagro bolsters its position with significant backing from new and returning investors enhancing its capacity to scale innovative and sustainable agrifood startups.
Capagro Fund II surpasses €115 million in Commitments with Major Investment from the Environmental et Solidarity Revolution Fund. This fund, financed by the societal dividend of Crédit Mutuel Alliance Fédérale, is a leader in sustainable investments, creating ecological and social added value.
This commitment provides Capagro with substantial additional resources to fuel the growth of innovative, financially promising, and impact-driven startups in the agrifood sector across Europe.
This additional funding will allow Capagro II to further build its investment portfolio
beyond its first two initial investments in:
• Cuure: a leading personalized supplements companies in Europe, and
• Agriodor: a pioneering platform for sustainable semiochemical crop protection.
Strengthening Capagro's Leadership in Sustainable AgrifoodTech
The Environmental et Solidarity Revolution Fund’s major investment follows recent commitments from four additional investors: two institutional investors including UMR Retraite, and two family-offices, including the Habert-Dassault Fund, as well as returning sponsor-investor Tereos.
Those commitments perfectly align with Capagro Fund II's sustainable investment strategy, classified as “Article 9” under the EU SFDR regulation. The impact classification complements Capagro's existing B-Corp certification, further solidifying its commitment to environmental and social impact.
Capagro aims to leverage these new funding and impact milestones to attract more investors seeking both financially attractive and sustainable returns driven by a unique seasoned team of finance and engineering investment professionals dedicated to AgrifoodTech opportunities.
Tom Espiard-Cignaco, CEO and Managing Director of Capagro, commented: "We are thrilled to welcome the Environmental and Solidarity Revolution Fund and the recent other investors in our journey towards a better future. Their support validates Capagro's investment strategy and open-innovation platform, which yields impact as well as strategic and financial value to our investors. We are excited to stand together, aligned in our common mission: investing for sustainable agriculture and healthy food".
Sabine Schimel, CEO of Crédit Mutuel Impact added: "Capagro's mission aligns perfectly with the Environmental and Solidarity Revolution Fund’s investment strategy to support the scale-up of impactful and disruptive technologies. We are delighted to partner with Capagro and support their mission to generate sustainable impact in the agrifood system".
Jean-Philippe Puig, Chairman of Capagro and CEO of Avril added: “Together with BPIfrance and Tereos, we, as sponsors of Capagro II, are happy so see the increasing interest from investors in our sector-specific approach focused on early-growth AgrifoodTech. Those further investments will enable the transformation of the agrifood industry into a more productive, competitive, and sustainable sector.”
About Capagro
Capagro SAS, a management company certified by the French Financial Markets Authority (AMF), manages Capagro I and II funds. These funds aim to accelerate the growth of promising AgTech and FoodTech startups, focusing on solutions and innovative technologies with high potential for financial, strategic, and impact value creation. Capagro adheres to the highest impact and ESG standards both at the GP level (B-Corp, PRI) and at the Capagro fund II level (SFDR Article 9).
For more information, visit www.capagro.fr.