You don't often see funds of this size in this space, they're obviously doing something to attract the money..
From AgFunderNews, March 4:
- Specialist investor Cibus Capital has announced the close of its second mid-market private equity fund, Cibus Fund II, with more than $510 million in commitments.
- The firm also closed its second venture fund, Cibus Enterprise Fund II, with over $135 million in commitments.
- A mix of new and returning investors participated across both portfolios, including “major institutional investors,” according to Cibus.
- AgFunderNews has reached out to Cibus for comment and will update this story accordingly.
Why it matters:
Founded in 2016, Cibus invests primarily into food and agriculture companies contributing to more efficient, less resource-intensive food production, from farming methods to ingredients to packaging. The firm looks for companies with operating models, technologies and access to natural resource inputs that give them a competitive advantage in an ever-crowded agrifoodtech space....
....MUCH MORE