Specialized capital.
Connected across the Americas.
Innventure Food & Agtech – Fund II builds on our sector expertise, experience supporting early-stage companies and relationships across the agrifood value chain. Our LATAM–North America approach connects opportunities and validation environments in Latin America with commercial and investment networks in North America.
- Better problem identification
- Stronger deal flow
- Early commercial validation
- Faster adoption
- Greater value appreciation
- Enhanced exit readiness
Real-world insight.
Early-stage conviction.
Food & Agtech technologies must operate within complex biological, production and commercial systems. We bring sector expertise and real-world considerations into early-stage investment to assess what a company has demonstrated, what remains uncertain and what it needs to prove next.
Connections with producers, scientific institutions and agrifood businesses inform that assessment and help companies explore validation and commercial pathways. This proximity grounds our investment conviction in the conditions that shape adoption.
Sector specialization.
A focused understanding of the agrifood economy and its operating conditions.
Real-world validation.
Connections with producers, companies, institutions and specialists relevant to validation and adoption.
LATAM–North America platform.
A geographic approach that connects Latin American opportunities with North American commercial and investment ecosystems.
Specialization across verticals, applied AI, impact and international structure.
Agtech: data science, automation, input efficiency, ultra-precision agriculture, real-time management and monitoring, predictive models, digital twins and asset digitization.
AnimalTech: IoT, smart grazing, animal welfare, automation and livestock analytics.
AgBiotech: gene editing, biological inputs, biofabrication and new molecules.
ClimateTech: climate adaptation, microenvironment monitoring, carbon and biodiversity measurement and parametric insurance.
FoodTech: new ingredients, waste reduction, traceability, food-quality monitoring and integrated supply chains.
AgFinTech: financial solutions and productive-asset tokenization, new forms of collateral and warrants.
Operating across three key Food & Agtech markets: United States, Brazil and Argentina to connect with all the Americas and the world.
A focused strategy
Target fund size | USD 30 million |
Target portfolio | 28–32 Food & Agtech companies |
Initial investment stages | Pre-seed, seed and pre-Series A |
Follow-on strategy | Reserves for subsequent investments, including Series A |
Primary markets | Brazil, the United States and Argentina |
Geographic focus | The Americas |
Verticals | Agtech · AgBiotech · ClimateTech · FoodTech · AgFinTech · AnimalTech |
Figures describe Fund II’s targets and intended strategy. They are not achieved results or guarantees and are subject to the definitive fund documentation.
- Conservative ~11.3% IRR / 1.9× TVPI
- Base ~18.1% IRR / 2.7× TVPI
- Optimistic ~22.6% IRR / 3.4× TVPI
- Target bands 8–12% / 18–22% / 22–25%
Entry valuations 2x–3x below comparable U.S. peers.
Diversified portfolio. Active value creation.
- Agtech validation network in real production environments.
- Innovation Partner Program for corporate LPs: technology scouting, benchmarking and market intelligence, plus co-investment rights.
- Proprietary innovation pipeline across LATAM and other relevant markets, supported by senior-led due diligence.
- Active global co-investor network.
- Innovation positioning across leading networks.
- Impact at scale for food producers and rural communities, in one of the region’s most significant employment- and foreign-exchange-generating sectors.
- Technologies integrated into sustainable production systems and good agricultural practices to regenerate ecosystem services while preserving forests, wetlands and adjacent water resources.
- ESG reporting framework under the IRIS+ standard. Alignment with the SDGs: food security, climate action and sustainable production.
Sector-focused capital.
Connected to real-world innovation.
Innventure Food & Agtech brings together investors, producers, and businesses around early-stage innovation in food and agriculture—combining venture capital discipline with practical sector knowledge and real-world validation.
INSTITUTIONAL INVESTORS. | A specialized investment approach to early-stage food and agriculture companies, informed by sector expertise and practical knowledge of the industry. |
CORPORATE PARTNERS. | A connection to emerging technologies and opportunities to explore validation and commercial collaboration. |
PRODUCERS AND ANGEL INVESTORS. | An investment perspective grounded in the challenges, needs, and opportunities of the food and agriculture value chain. |
BROADER INSTITUTIONAL COLLABORATION. | We also seek relationships with funds of funds, multilateral institutions, philanthropic organizations, and impact-minded businesses, including Certified B Corporations. These relationships may involve investment, support for technology development, or collaboration on adoption. |
Fund I established the foundation for Fund II.
Fund II builds on Innventure’s experience supporting 19 early-stage companies across six Food & Agtech verticals, together with relationships across the agrifood value chain. Fund I is distinct from Fund II. Its portfolio and experience do not establish or guarantee Fund II’s future results.
Beyond capital allocation
For investors. Fund II offers exposure to an early-stage Food & Agtech strategy grounded in sector knowledge, company assessment and relationships across the agrifood economy.
For corporate and strategic partners. Conversations may include technology scouting, market intelligence and potential collaboration around relevant innovation priorities. Any program participation or investment rights are subject to the applicable arrangements and fund documentation.
The Fund and its General Partner
- Legal name: Innventure Food & Agtech, LP
- Form and jurisdiction: Ontario (Canada) limited partnership
- General Partner: Innventure Latam GP Ltd. (British Virgin Islands)
- Trade name: Innventure Food & AgTech Fund II
Innventure Food & Agtech, LP is an Ontario (Canada) limited partnership managed by Innventure Latam GP Ltd., a BVI-incorporated General Partner. “Innventure Food & AgTech Fund II” is the Fund’s trade name.
Begin an informed conversation.
Contact the team to discuss Innventure Food & Agtech – Fund II’s strategy and request further information.
This website is provided for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, interests in any fund or investment vehicle. Any offer will be made only to eligible investors through definitive offering documents and in accordance with applicable law.
Fund targets, intended portfolio characteristics and other forward-looking statements are based on current assumptions and may change. They do not guarantee future performance.