
Five Seasons Ventures
Description
Five Seasons Ventures, originally established as a pioneering European venture capital fund focused on the food industry, has since rebranded and evolved into Astanor Ventures. Based in Paris, France, the firm maintains its core mission of addressing global challenges within the food and agriculture system through strategic investments in innovative AgriFoodTech companies. Their transformation reflects a deepened commitment to impact investing, aiming to foster a more sustainable, healthy, and equitable food future.
Astanor Ventures operates with a clear impact-driven investment thesis, targeting companies that are developing disruptive solutions across the entire food value chain. Their focus areas include sustainable agriculture, alternative proteins, circular economy models, food waste reduction, and technologies that enhance food safety and nutrition. The firm seeks out entrepreneurs who are not only building scalable businesses but also generating significant positive environmental and social impact. This holistic approach underpins their investment decisions, ensuring alignment with global sustainability goals.
The firm has demonstrated substantial financial backing for its mission, successfully raising significant capital across multiple funds. Their first fund, Five Seasons Ventures Fund I, closed at €180 million, establishing their presence in the European food tech landscape. Building on this success, Astanor Ventures Fund II further solidified their position, closing at an impressive €325 million. These substantial capital pools enable them to provide robust financial support to their portfolio companies. Typically, Astanor Ventures participates in Series A and Series B funding rounds, with initial cheque sizes generally ranging from €5 million to €20 million, depending on the stage and capital requirements of the target company.
Astanor Ventures has emerged as a leading player in the global AgriFoodTech investment landscape. Their deep sector expertise, combined with a strong network and a commitment to long-term value creation, positions them as a preferred partner for entrepreneurs aiming to revolutionize the food system. Their portfolio showcases a diverse range of innovative companies, reflecting their broad yet focused investment scope within the critical sector of food and agriculture.
Investor Profile
Five Seasons Ventures has backed more than 32 startups, with 4 new investments in the last 12 months alone. The firm has led 15 rounds, about 47% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Seed rounds (top funding stages).
- Majority of deals are located in Germany, United Kingdom, France.
- Strong thematic focus on Food and Beverage, Food Processing, E-Commerce.
- Led 1 rounds in the past year.
- Typical check size: $5.4M – $21.6M.
Stage Focus
- Series A (38%)
- Series B (31%)
- Seed (9%)
- Series C (9%)
- Series Unknown (6%)
- Series D (3%)
- Equity Crowdfunding (3%)
Country Focus
- Germany (41%)
- United Kingdom (38%)
- France (9%)
- Italy (6%)
- Switzerland (3%)
- Portugal (3%)
Industry Focus
- Food And Beverage
- Food Processing
- E-commerce
- Pet
- Organic Food
- Nutrition
- Alternative Protein
- Organic
- Subscription Service
- Consumer Goods
Frequently Asked Questions
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