Managing partners David Bowles and Nicky Deasy with chairman Paul Finnerty. \ Chris Bellew /Fennell Photography
Irish agrifood and technology funder Yield Lab has announced almost €50m for its sustainable agrifood tech venture capital fund. This will be available to companies who have developed new technologies that improve the environmental and carbon footprint of the food and agriculture industry.
The fund will invest in seed-to Series A-stage companies in Ireland and Europe, with the addition of new investors including the European Investment Fund through the European Fund for Strategic Investments (EFSI), Invest-NL, Allied Irish Banks plc and new family office investors.
Irish Agrifood tech fund closes funding at almost €50m rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
Dublin-based agrifood tech fund The Yield Lab Europe announces (almost) €50 million raise at second close
May 26th, 2021.
Dublin-based The Yield Lab Europe has announced almost €50 million at the second close of its agrifood tech fund. The fund, which focuses on seed and Series A startup investments in Ireland and Europe, welcomes new investors including the European Investment Fund through the European Fund for Strategic Investments (EFSI), Invest-NL, Allied Irish Banks, and undisclosed family offices.
The accelerator was founded in 2017, and is part of The Yield Lab global network, which is headquartered in St. Louis, Missouri, and sees sister funds in the US, LATAM, and Singapore. Through this network, The Yield Lab promises cohorts unparalleled global access to scale and commercialise their offerings.