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Why Europe's largest #agtech fund wants to focus on US market | ZDNet
Amsterdam's Anterra Capital raises $125m to invest in agricultural technology startups.
Image: Rudmer Zwerver
New technology in computing, hardware, and bioscience is giving a fresh impetus to the food and agriculture industries' attempts to devise sustainable ways of feeding the world's growing population.
In the past five years, venture capital investment in such technologies, known otherwise as agtech, has grown exponentially, from $300m in 2011 to $4.6bn in 2015.
Now, one European venture-capital fund wants to make sure European innovation isn't excluded from the growing pace of activity in the agtech industry, which tends to focus on the North American market.
Amsterdam-based Anterra Capital closed the fund's second round of backing with Rabobank and Fidelity International's Eight Roads last month, raising its value to $125m and making it Eur
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