AgFunder

Investor type

VC

Founded

2012

AUM

$300 M

Location

San Francisco, California, United States

Investment Ticket

$1-5 m

Investment Stage

Seed Pre-seed Series A Series B Late Stage (Series C+)

Region of investment

North America Europe Asia
Investor profile last updated: 21 August, 2026

Profile

AgFunder is a global venture capital firm based in Silicon Valley, founded by Rob Leclerc and Michael Dean. The team includes partners with diverse backgrounds in sectors such as venture capital, environmental sustainability, and law. AgFunder differentiates itself with its focus on technologies converging to address global challenges in agrifood, AI, biology, and climate, supported by its substantial media, research, and engineering capacities.

AgFunder invests in sectors like agriculture, AI, climate, and foodtech, with a primary focus on AI, agrifood, biotechnology, and climate change. The firm typically targets investments at stages from Seed to Series B through to late-stage, across various global regions. AgFunder has over $300 million in assets under management, having invested in over 100 companies across four continents.

Notable investments include Modern Synthesis - natural materials from cellulose, Faeth - clinical-grade foods for cancer treatment, Eclipse - wellbeing ingredients like human lactoferrin, Aigen - autonomous weeding robots, and Mimetic Medicine - non-opioid drug candidates for chronic pain. These investments reflect their commitment to addressing systemic bottlenecks in agrifood and human health systems through deeptech solutions.

Industry

Agriculture Biotechnology Financial Services Food and Beverage Foodtech Robotics AI HealthTech Deeptech ClimateTech Fintech Healthcare Services

AgFunder Funds

Name Type
Questionare
Industry
Questionare
Stage
Questionare
Region
Size AUM Launch date
New Carnivore
Venture Capital (VC)
Financial Services
Fintech
Food and Beverage
Foodtech
Healthcare Services
Robotics
HealthTech
Pre-seed
Seed
North America
$5-10 m
$21 M
August 2021
AgFunder Fund IV
Venture Capital (VC)
Financial Services
Fintech
Food and Beverage
Foodtech
Healthcare Services
HealthTech
Pre-seed
Seed
North America
$5-10 m
$102 M
July 2024

Contacts

Name
Title
Email
avatar
Michael Dean Founding Partner
Founding Partner
m•••@•••
avatar
Rob Leclerc Partner
Partner
r•••@•••
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Investment-team contacts for AgFunder — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about AgFunder

AgFunder is a venture capital firm. It backs companies at Seed, Pre-seed, Series A, Series B and Late Stage (Series C+), writing tickets of $1-5 m.
AgFunder is located in San Francisco, California, United States.
AgFunder was founded in 2012.
AgFunder invests in companies and startups in Agriculture, Biotechnology, Financial Services, Food and Beverage, Foodtech, Robotics, AI, HealthTech, Deeptech, ClimateTech, Fintech, Healthcare Services.
AgFunder invests in companies and startups in North America, Europe, Asia.
AgFunder invests in companies and startups at Seed, Pre-seed, Series A, Series B, Late Stage (Series C+).
AgFunder usually invests $1-5 m on average.
AgFunder has around $300m assets under management.
AgFunder last fund was created/launched in 2024-07-24
AgFunder can be reached through its website agfunder.com, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for AgFunder — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
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Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 21 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.