Participated · Series C · Mar 2026

Tropic Biosciences develops gene-edited tropical crops via its proprietary GEiGS® platform, concentrating on banana and rice varieties designed for higher yields, increased disease resistance, and improved sustainability. In 2025 the company launched the first new banana varieties in more than 75 years, including a non-browning banana named one of TIME Magazine’s Best Inventions of 2025 and an extended shelf-life variety that increases green life by 12 days and can reduce waste by up to 50 percent. Tropic has made progress toward resistance to Panama Disease TR4 and shipped plants in 2025 to establish a mother plantation intended to support commercial deployment beginning in 2027. Demand for its new banana varieties has already surpassed supply, and the company has cited significant revenue growth as it scales. Tropic plans to expand its research across its rice portfolio and pursue additional high-impact, climate-resilient crops to address global food security and sustainability challenges.

Participated · Series A · Oct 2025

TRACT provides a software platform that visualises end-to-end supply chains, connects supplier data, and delivers clear sustainability metrics across multiple commodity categories such as cocoa, coffee, corn and cotton. Originally created in collaboration with Archer Daniels Midland, Cargill, Louis Dreyfus Company and Olam Food Ingredients, the company now serves many of the world’s largest CPG brands and commodity traders, enabling them to map sourcing portfolios, monitor deforestation risk and track emissions. By turning complex agrifood data into actionable insights, TRACT supports sourcing leaders who face increasing regulatory and stakeholder pressure. The platform’s core value lies in integrating disparate data systems to reveal sourcing risks and resilience gaps. With its newly secured capital, TRACT plans to accelerate global expansion, deepen data-system integrations and onboard additional enterprise clients. Although specific revenue or user figures were not disclosed, the business is positioned for rapid growth as sustainability reporting requirements tighten worldwide.

Led · Equity · Sep 2025

ByBlue specializes in the import, distribution, and in-house development of new blueberry varieties for global markets. To secure year-round supply, the company is building a 30-hectare, greenhouse-like blueberry farm in Peru’s Ica Valley, a region whose August-to-December harvest window fills Europe’s annual supply gap. ByBlue will operate the farm with local partner Wellness Fruit, creating 20 permanent and roughly 600 seasonal jobs while deploying advanced water- and energy-efficient technologies suited to the valley’s arid conditions. Knowledge from its varietal R&D will be shared with other growers to accelerate sustainable production practices across the sector. The project strengthens the Netherlands’ role as a central fruit-trade hub by giving ByBlue tighter control over varietal quality and supply timing. Although specific revenue or user figures were not disclosed, the company cites rapidly growing European and Asian demand for blueberries as the commercial driver for its expansion.

Led · Series A · Jan 2025

OneThird develops AI-powered near-infrared technology to predict shelf life and help farmers, distributors, and grocery retailers reduce food waste. Its product set includes a retail store fruit scanner launched in 2024 that lets consumers make smarter purchasing decisions, particularly for items like avocados. The company’s technology currently supports produce including avocados, blueberries, strawberries and tomatoes. OneThird raised a €3.5M Series A, bringing total capital raised to €9.25M. The new funding is intended to develop its AI and sensor technology further and to support expansion across Europe and North America. The company also appointed Henrike Langbroek as its new CEO. OneThird provides AI-powered, near-infrared scanning technology that predicts the shelf life of fresh produce for growers, distributors and grocery retailers. The technology currently supports tomatoes, strawberries, blueberries and avocados and is planned to extend to ten produce types, including grapes, bananas, mangoes and raspberries by late 2023. The company intends to use new funds to scale its technology and operations and expand into new markets to support fresh produce supply chains in North America and Europe. OneThird was founded in 2019 in a digital incubator for Halma plc. The business is focused on minimizing food waste by delivering more accurate shelf-life predictions to customers across the supply chain. No revenue or user metrics were disclosed in the article. OneThird develops a fresh-produce quality prediction platform that combines near-infrared sensors, smartphone images, environmental data and AI algorithms to determine internal and external quality, remaining shelf life and taste. The system gives quality inspectors immediate feedback, enabling dynamic routing, pricing, logistics optimisation and waste prevention across growers, distributors and retailers. The company says its solutions allow high-accuracy shelf-life prediction at any stage of the supply chain. Proceeds from the recent financing will accelerate development of the platform and expand pilots with retail customers. OneThird is expanding its technical team through the acquisition of AI specialist Impact Analytics to add (spectral) imaging and analysis expertise. The company operates from Kennispark Twente and frames its mission around improving sustainability, feeding those in need and saving customers money by reducing waste.

Participated · Equity · Mar 2024

Phycom develops and produces multiple microalgae species using a modular, fully closed cultivation system designed for high-yield, year-round output with minimal environmental impact. Founded in 2008, the company supplies the B2B food and feed sectors with algae ingredients and cultivation optimisation services. It operates two production facilities in Veenendaal built over the past four years, demonstrating scalability and feasibility of its technology. Phycom conducts projects with partners such as Wageningen University and Research to study algae functionality, market applicability, and product applications. The company plans to scale industrial production, expand marketing activities, and continue technology development to broaden product applications and availability. Phycom produces high-quality microalgae ingredients and offers cultivation optimisation services for food and feed customers. The company has developed an economically viable, scalable modular closed cultivation system that can grow multiple microalgae species simultaneously. Its fully closed system minimises environmental impact and ensures year-round production. Over the past four years Phycom has built two production facilities in Veenendaal, demonstrating scalability and feasibility of its technology. Phycom also collaborates on research into algae functionality and applications, including projects with Wageningen University and Research. The company plans to use the new funding to optimise technology, scale up microalgae production and sales, and strengthen its go-to-market strategy and organisational growth. Financially, Phycom has raised over €10.5M in total following the latest round.