TLDR:
– Cultivation Capital introduces $20 million Agtech Fund
– Partnership with Yield Lab focuses on early-stage agri-food tech startups
Cultivation Capital, a venture capital firm based in St. Louis, has launched the Cultivation Capital AgTech Fund IV with a total offering amount of $20 million, according to a U.S. SEC filing. The fund, managed by key figures including Co-Founder Kyle Welborn, focuses on investments in the agtech sector, particularly in market segments like crop innovation, animal health, sustainability, and food ingredients. This fund launch comes on the heels of the firm’s successful $14 million seed investment fund raise in May, showcasing a positive outlook on agtech dealflow.
A key component of Cultivation Capital’s strategy is its partnership with the Yield Lab, another VC firm specializing in early-stage agri-food tech startups. Together, they provide capital across various aspects of agtech, with an initial investment range of $100,000-$1.5 million. With 55 venture capital investments already made, the Yield Lab has a robust median deal size of $2.9 million, demonstrating a strong track record in the sector.
