The European Investment Fund has committed €25 million to Yield Lab Europe Fund 2, with the fund expected to mobilize a total of €100 million for early-stage agrifood technology companies.
Around 30% of the fund's investment is earmarked for Ireland, with capital deployed across Seed and Series A rounds.
Target areas include animal health, alternative proteins, aquaculture, crop and soil health, horticulture, precision agriculture, and the circular economy. The fund is managed by Yield Lab Europe.