
AgFunder
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
Frequently Asked Questions
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