For a new round of investments in FinTech and AgTech companies Rabo Frontier Ventures secures 80 million euro. Total committed capital in the strategic investment fund of Rabobank peaks at 150 million euro. With this capital Rabo Frontier Ventures expands its investment strategy to global innovation hubs, such as San Francisco, Singapore en Tel Aviv.
Harrie Vollaard, managing partner Rabo Frontier Ventures: “After two years with more than ten investments in a row, it is time to broaden our horizon further. We see many opportunities all across the globe to invest in companies who align with our strategy of sustainable growth. We are keen to work with entrepreneurs and investors in prime markets like FinTech and Agtech. With our knowledge, network and capital we help ambitious companies to reach the next level.”
More than 10 investments so far
In the past year Rabo Frontier Ventures invested in ten startups in total. To highlight; investments were made in European blockchainplatform We.trade and global blockchain-based solution komgo for commodity trading and in FinTech startup Tellow. Most recent investment was in Los Angeles based payments solutions provider ProducePay, which connects farmers and suppliers to finance growth.
Growth in San Francisco, Singapore and Tel Aviv
With the committed capital Rabo Frontier Ventures expands its strategy to global innovation hubs like San Francisco, Tel Aviv and Singapore. Harrie Vollaard: “We see that innovation is definitely accelerating in cities known for their innovative mindset. We can add value in these innovation hotspots with the assets of the Rabobank. As the strategic investment fund of Rabobank – one of the largest Food and Agri banks globally – we have the opportunity to leverage our position and to connect entrepreneurs to markets anywhere. A decisive element for companies with the ambition to grow.”