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
AgFunder Funds
| Name | Type |
|
|
|
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
Instant access on the web. Plans from $129/month — see pricing.