Italy-based impact fund Maia Ventures has launched its first fund at €55 million ($64 million) to support early-stage food and ag ventures.
The fund will focus on addressing health, resilience, and efficiency in the food system, with investment areas falling into three main impact buckets, according to founding partners David Bassani and Andrea Galassi.
Health includes “anything that can support a healthier agrifood industry,”
The fund is fully operational and has already made six investments to date, with a focus on areas that also resonate with business, such as corporate health and moving the agrifood industry forward.
Author's summary: Maia Ventures launches a $64m fund for agrifood startups.