'Agriculture and food production is way behind other industries in terms of technology adoption, but disruption is now coming in fast,' says Alastair Cooper of ADM Capital.
The New York-headquartered firm has secured at least two commitments for a follow-up to the $1.45bn Fund V, to focus on an agribusiness sector it says has outpaced all others since 2006.
McWin Partners has launched McWin Food Tech Fund, a €250 million vehicle that will target the whole food value chain, including 'ingredients and alternative proteins,' said partner MartÃn Dávalos.