Amsterdam-based Pymwymic, an impact investment firm, announced on Wednesday that it has closed its Healthy Food Systems Impact Fund II at €71.5M, surpassing the target of €70M.
Over 250 private investors and seven institutional investors – AGCO, ASR, Invest International, Invest-NL, Klaverblad Verzekeringen, Oost NL, and Van Lanschot Kempen, backed the fund.
The announcement comes over a year after raising €20M last April for its Healthy Food Systems Impact Fund II.
Healthy Food Systems Impact Fund II
The Healthy Food Systems Impact Fund II focuses on early-stage AgriFood scale-ups that offer pioneering solutions in areas like sustainable farming, food waste reduction, and regenerative agriculture.
With six companies already in its portfolio, the fund aims to invest in innovative companies that are set to drive the future of food.
“We are committed to the reality that a regenerative food system is the only way forward and support the dare devils working on solutions advancing this pathway,” says Rogier Pieterse, Managing Partner Pymwymic.
Pymwymic: Put Your Money Where Your Meaning Is Community
Pymwymic (Put Your Money Where Your Meaning Is Community) is a co-owned organisation of European wealth holders.
The community consists of over 250 individuals, families, entrepreneurs, and angel investors of different backgrounds, ages, and nationalities.
In 2017, Pymwymic Cooperative launched its Healthy Ecosystems Impact Fund I, which was joined by Van Lanschot Kempen.
The fund, which aimed to preserve and restore ecosystems, closed in early 2021 with nine portfolio companies building solutions for a better future.
Pymwymic is now investing through the Healthy Food Systems Impact Fund II, which supports entrepreneurs who are transforming the food system from farm to fork.
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