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AgFunder

North America, California, United States, San Francisco

Description

AgFunder is a prominent San Francisco-based venture capital firm dedicated to investing in impactful companies that are transforming the global food and agriculture system. Established as a leading player in the agrifoodtech space, AgFunder leverages its deep industry expertise and extensive network to identify and support innovative startups across the entire value chain, from sustainable farming practices and precision agriculture to alternative proteins, supply chain optimization, and consumer food technology. The firm's investment thesis centers on addressing critical challenges such as food security, resource efficiency, and environmental sustainability.

AgFunder typically invests in early-stage companies, primarily focusing on Seed and Series A rounds, though they have the capacity for follow-on investments in later stages. Their strategic approach involves not just providing capital but also offering significant operational support, market insights, and connections to help their portfolio companies scale. As of early 2024, AgFunder has built a robust portfolio comprising over 100 companies, demonstrating their commitment to fostering innovation across diverse segments of the agrifood ecosystem. They manage several dedicated funds, including the AgFunder Global AgriFood Tech Fund, which underscores their specialized focus.

For initial investments, AgFunder's typical first cheque sizes generally range from $500,000 to $3,000,000. This range allows them to lead or co-lead Seed rounds and participate meaningfully in Series A financings, aligning with their strategy to back high-potential startups from their formative stages. Their dual role as both an investor and a leading industry news and research platform (AgFunderNews) provides them with unparalleled insights into market trends and emerging technologies, further solidifying their position as a key thought leader and capital provider in the agrifoodtech sector.

Investor Profile

AgFunder has backed more than 133 startups, with 7 new investments in the last 12 months alone. The firm has led 32 rounds, about 24% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, India.
  • Strong thematic focus on AgTech, Agriculture, Biotechnology.
  • Led 3 rounds in the past year.
  • Typical check size: $500K – $3M.

Stage Focus

  • Seed (47%)
  • Series A (29%)
  • Pre Seed (13%)
  • Series B (7%)
  • Series Unknown (2%)
  • Convertible Note (1%)
  • Series D (1%)
  • Series C (1%)

Country Focus

  • United States (38%)
  • United Kingdom (9%)
  • India (8%)
  • Australia (6%)
  • Singapore (5%)
  • France (5%)
  • Indonesia (4%)
  • Israel (3%)
  • Canada (3%)
  • The Netherlands (2%)

Industry Focus

  • Agtech
  • Agriculture
  • Biotechnology
  • Food And Beverage
  • Farming
  • Artificial Intelligence (Ai)
  • Software
  • Machine Learning
  • Food Processing
  • Information Technology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does AgFunder frequently co-invest with?

GROW Agrifoodtech Accelerator
Asia, Central Region, Singapore, Singapore
Co-Investments: 11
Climate Capital
North America, California, United States, San Francisco
Co-Investments: 4
Unovis Asset Management
North America, New York, United States, New York
Co-Investments: 5
S2G Ventures
North America, Illinois, United States, Chicago
Co-Investments: 10
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 4
Ponderosa Ventures
Europe, England, United Kingdom, London
Co-Investments: 5
Omnivore
Asia, Maharashtra, India, Mumbai
Co-Investments: 8
Collaborative Fund
North America, New York, United States, New York
Co-Investments: 5
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 5
Germin8 Ventures
North America, Illinois, United States, Chicago
Co-Investments: 5

Which angels does AgFunder often collaborate with?

Shared Deals: 1
Adrien Desbaillets
Asia, Singapore
Shared Deals: 1
WH
North America, California, United States, San Francisco
Shared Deals: 1
AG
Oceania, New South Wales, Australia, Sydney
Shared Deals: 1
GC
North America, North Carolina, United States, Greensboro
Shared Deals: 1
Frantz Braha
Asia, Singapore
Shared Deals: 1
OG
Oceania, New South Wales, Australia, Sydney
Shared Deals: 1
Kunal Shah
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
CP
North America, California, United States, San Francisco
Shared Deals: 2
NM
Europe, Ile-de-France, France, Paris
Shared Deals: 1

What are some of recent deals done by AgFunder?

Eclipse Ingredients

Brisbane, Queensland, Australia

Eclipse Ingredients transform the future of health and wellbeing by making beneficial ingredients accessible through sustainable production.

Health CareManufacturingProduct Design
SeedJul 14, 2025
Amount Raised: $4,593,954
Uviquity

Raleigh, North Carolina, United States

Uviquity is a firm that wants to encourage safety for their clients.

Artificial Intelligence (AI)Cyber SecuritySaaS
SeedMay 7, 2025
Amount Raised: $6,600,000
Eratani

Jakarta, Jakarta Raya, Indonesia

Eratani is an agri-tech company that provides integrated and comprehensive solutions for agricultural ecosystems.

AgricultureAgTechInformation ServicesSupply Chain Management
Series AApr 17, 2025
Amount Raised: $6,200,000
Lumi AI

Middletown, Delaware, United States

Lumi AI provides user-friendly analytics and AI-driven insights for sales teams.

AnalyticsArtificial Intelligence (AI)Business IntelligenceGenerative AIInformation TechnologyInternetSoftware
SeedMar 25, 2025
Amount Raised: $3,700,000
Klim

Berlin, Berlin, Germany

Klim mission is to scale up regenerative agriculture to make agriculture part of the climate solution

AgricultureImpact InvestingSoftwareSustainability
Series ANov 12, 2024
Amount Raised: $22,000,000
Eion

Princeton, New Jersey, United States

Eion removes atmospheric CO2, permanently and verifiably, with enhanced rock weathering on the soil.

Environmental ConsultingFarmingRenewable Energy
Series ASep 24, 2024
Amount Raised: $3,000,000
Cargill Hong Kong

Quarry Bay, Hong Kong Island, Hong Kong

Cargill Hong Kong is an agricultural technology service provider.

AgricultureAgTech
Series UnknownSep 5, 2024
Amount Raised: $9,140,000
Uviquity

Raleigh, North Carolina, United States

Uviquity is a firm that wants to encourage safety for their clients.

Artificial Intelligence (AI)Cyber SecuritySaaS
Series UnknownSep 5, 2024
Amount Raised: $6,674,620
Wittaya Aqua

Toronto, Ontario, Canada

Wittaya Aqua is a farm management platform for aquaculture operations that helps farmers track, visualize and analyze production data.

AgricultureFood and BeverageInformation Technology
SeedJul 16, 2024
Amount Raised: $2,800,000
eFeed

Pune, Maharashtra, India

eFeed is a direct-to-farmer company that provides nutritional animal feed for a range of species.

Animal FeedArtificial Intelligence (AI)Life ScienceMachine Learning
SeedMay 14, 2024
Amount Raised: $100,000