AgFunder

What is AgFunder?

AgFunder is a venture capital firm that operates primarily within the food technology (foodtech) and agriculture technology (agtech) sectors.

With a mission to invest in bold and impactful technologies, AgFunder aims to drive radical transformation of the food and agriculture system. They target technology companies across the food and ag value chain including sectors such as Education, BioTech, AgroTech, Business Solutions, CleanTech, A.I., Advertising, Food & Beverage, Impact, Robotics, and Online Social. Founded in 2013 and based in Silicon Valley, AgFunder has become one of the most active foodtech and agtech venture capital firms.

They invest in various stages of company growth with specialties in Pre-Seed, Seed, Series A, and Series B rounds, and maintain an investment range from $100,000 to $1,000,000, with a sweet spot of approximately $500,000. As of the latest information, AgFunder manages assets worth $10,000,000. AgFunder has built a global ecosystem with their publication, AgFunderNews (AFN), and a subscriber base of 85,000+ members, leveraging this network to support their portfolio companies.

The firm selects startups that harness advanced technologies such as plant-based proteins, gene-editing, drones, indoor farming, satellite imaging, precision farming, and computational biology. They articulate their raison d'être through the lens of sustaining the challenge-driven fields of foodtech and agtech, which are propelled by shifts in eating habits, population growth, climate change, and deteriorating soil health. AgFunder positioned themselves as a new kind of venture capital that was born online, rethinking conventional VC paradigms to nurture impactful technologies in the 21st century food revolution.