TLDR:
Key Points:
- Venture capital firm Cultivation Capital has launched a new $20 million agriculture technology investment fund.
- The fund, Cultivation Capital AgTech Fund IV LP, has a minimum investment of $250,000 for outside investors.
In a recent filing with the U.S. Securities and Exchange Commission, St. Louis-based Cultivation Capital announced the establishment of their new fund. The total offering is listed as $20 million, with the potential to increase to $25 million. The fund is managed by key executives including co-founder and General Partner Kyle Welborn. Founded in 2012, Cultivation Capital focuses on backing early stage companies in various sectors, including agriculture technology.
Some of Cultivation Capital’s previous agtech investments have been successful, such as seed technology firm Benson Hill and agtech firm CoverCress. The firm has also recently raised $14 million for a new seed investment fund. Overall, Cultivation Capital has invested in over 150 companies since its inception, demonstrating a track record of successful investments in the agtech industry.
