Rockstart launches €50 million agrifood fund to back sustainable startups
Agrifood Fund II means long-term sustainability
Rockstart, the Amsterdam-based company and global early-stage accelerator-VC, has introduced a second instalment to the agrifood fund, adding €50 million. The primary objective of the afund is to further support early-stage startups.
Rockstart's Agrifood Fund II is the fourth fund in Rockstart's portfolio, succeeding the launches of Agrifood I (2019), Energy (2020), and Emerging Tech (2022). The recent introduction of Agrifood Fund II underscores the company's unwavering dedication and support for long-term sustainability and positive change.
Improving food supply systems is key
With the €50m funding, Rockstart plans to invest in up to 50 startups within the next five years, scaling impactful solutions by leveraging emerging technologies and new business models that improve our food supply system from soil and ocean to gut. The aim is to revitalise soils and oceans into effective CO2 capture sources. The fund focuses on responsible and circular innovations that extract value from wasted food, simultaneously reducing food waste.
Support for long-term positive impact
Selected startups receive an initial investment and gain access to Rockstart’s tailor-made agrifood accelerator program, running biannually throughout spring and autumn. The customised program prepares startups for the next growth stages and helps them make a positive impact in the long term.
The program includes custom early-stage sessions on fundraising, scaling, and ESG data collection and reporting, among other valuable resources preparing the founders to maximise their impact. Additionally, the fund supports measurable solutions and tools that enhance consumers' access to nutritious food that is both delicious and beneficial. Rockstart is transforming the food sector with its funding and highlights why innovation is flourishing in the creative Dutch capital.