SP Ventures’ Post

My heart was pounding all morning knowing this news would go live. But I was struggling to figure out why. Was I nervous that the angle would be somehow negative?  Was I afraid that our transparency in sharing our fundraising "out loud" would be twisted against us?  Was I just excited? I tried to meditate. To journal. But I couldn't figure it out. Then it hit me. I didn't want to celebrate. Sure, hitting first close, especially in current conditions, is huge.  I'm proud of this milestone.  I'm thrilled to be welcoming so many new and returning investors to Fund II.  And I'm super excited about what it means for our mission at Tenacious. My hands were shaking because celebrating feels inauthentic when we have so much more work to do. Not just more money to raise ("always be raising!" is just a fact) or more to prove. More IMPACT to be had. More companies solving climate challenges in agri-food to fund and support. With this framing clear in my head, and the mission front and center, I could ask myself: well, what would feel authentic? That's easy! It feels good, fantastic even, to celebrate the impact we've already helped to catalyze. RapidAIM Pty Ltd launching game-changing products to optimize pesticide use, and deploying on farms in several countries with some of the biggest players in their space. GOTERRA proving out their first-in-the-world model and vision - again and again - with new partners like the City of Sydney and Skretting. SwarmFarm Robotics bots farming over 4 million acres fully autonomously and sending their first robot to the US. Cutting input costs and improving farmer's lives. Jupiter Ionics announcing world-leading scientific breakthroughs in green ammonia, championing a new future for green fertilizer. We don't just back software companies. We don't just back men. We never compromise on impact or commercial ambition. The sacrifices these teams have made to bring their visions to life - not just on paper where valuations are calculated but in the lab, on the field, in the shed... in the real world! - is what I want to celebrate. Systems-change is never linear, never easy, never without cost. But it's what we urgently need to combat the multi-billion dollar realities facing our agri-food system. And more challenges are coming. It's going to get harder, more complex. We couldn't back these companies without the support of our investors. So, here's to first close. Here's to being Tenacious and backing Tenacious founders. And let's keep building. https://lnkd.in/gmWsJR_H Tenacious Ventures J. Matthew Pryor Vela Georgiev Simon Uzcilas

AgFunder VC closes Fund IV oversubscribed on $102m, reveals deep tech portfolio focus AgFunder VC, the global deep tech venture capital firm investing in startups that can positively impact food and agriculture, and accelerate human progress, has closed its fourth early-stage fund on $102 million, surpassing its target. Source: AgFunder VC closes Fund IV oversubscribed on $102m, reveals deep tech portfolio focus – AgFunderNews The post AgFunder VC closes Fund IV oversubscribed on $102m, reveals deep tech portfolio focus appeared first on Cultivated Meat News . => https://lnkd.in/ePZQZfre #CultivatedMeat #News #CulturedMeat #Altproteins #Food #FutureOfFood

Mandalay Venture Partners postpones Fund I's final close, while @TenaciousVentures secures A$18m, adjusting its target to A$50m, signaling dynamic shifts in agritech investing. #VentureCapital #Agritech #InvestmentTrends

Zension Technologies Inc. has announced raising $30 million in a Series A funding round, supported by Wa'ed Ventures, Sumitomo Corporation, and Global Ventures. https://lnkd.in/dBjhDgdc Zension Technologies Inc. | Khalid Saiduddin, Nikos Anastasiadis Wa'ed Ventures, Global Ventures, Sumitomo Corporation #Zension #fundingRounds #WaedVentures #Sumitomo #SeriesA #Sustainability

In the News ➪ “A ‘Bruising’ Year in Venture Capital” AgFunder recently spoke with Michael Lavin, managing partner at Germin8 Ventures, a long-time investor in the sector about some of the hot topics facing agrifoodtech today: ➪ Where are we in the current down cycle? ➪ What is getting funded now and why? ➪ Is agrifoodtech a good fit for venture capital, which is not the most patient kind of money? ➪ Has there been too much tech for tech’s sake, or throwing money at tech not ready for prime time? Read more from AgFunder here: https://lnkd.in/gEWhBgwf #regenerativeagriculture #regenerativefarming #investment #investing #venturecapital #VC #agrifoodtech

To accomplish our vision for a world where all commodities can be verified as sustainably produced and managed, we need investors who share our beliefs, like Cerulean Ventures. Great work, Matthew Stotts 🌐 and Jahed Momand, and thank you for your ongoing support and actively sharing interesting opportunities. #ceruleanventures #impactinvesting

Argor Capital Management is nearing the close of a $70 million continuation fund for aquatech unicorn eFishery. This move will increase the VC firm's stake in eFishery, which offers solutions to aquaculture farmers while promoting sustainability. Founded in 2018, Argor’s other investments include startups like KitaBeli, Food Market Hub, and SafeBoda. Dhanayush Raninga | SecondaryLink https://lnkd.in/dSW3MyCk #Venture #VentureCapital #VC

SustVest, India's first regulated platform for sustainable investments, has raised $1.7 million in a pre-Series A funding round. The round was led by Inflection Point Ventures (IPV) and Antler, with participation from WEH Ventures, Venture Catalysts++ | India's 1st Multi-Stage VC, Soonicorn Ventures, Faad Capital, and others. Founded by Hardik Bhatia and Devansh Shah, SustVest is dedicated to providing individuals with a transparent and secure avenue to invest in sustainable and socially responsible projects. The platform focuses on environmental, social, and governance (ESG) investing, offering a variety of options that align with global sustainability goals. By bringing sustainability to the forefront of India's investment landscape, SustVest aims to make it easier for investors to contribute to causes such as renewable energy, clean technology, and responsible corporate practices. This funding will help the company enhance its technology, broaden its user base, and expand its offerings for a more sustainable future. #sustvest #funding #investment #sustainableinvestments #inflectionpointventures #antler #venturecatalysts #soonicornventures #faadnetwork #startupnews #preSeriesA #esginvesting #socialimpact #cleanenergy #responsibleinvesting #sustainablefuture

🚀 Aquiti launches a new €60M seed fund focused on health and the environment 🌍. The Aquiti Venture Seed Fund 1 aims to support entrepreneurs in southwestern France. With an initial closing of €30M, the fund seeks to drive technological solutions addressing today's environmental and health challenges. 👉 Follow our page for more fresh takes and industry updates 💡! #PrivateEquity #VentureCapital #ImpactInvesting #Health #Environment #Investment

Kelpi Secures £4.35 Million Investment to Propel Seaweed-Based Packaging to Market In a significant milestone for Kelpi, the company has successfully secured £4.35 million in investment to bring its pioneering biomaterial technology to market. This funding round, announced today, marks the beginning of an exciting new chapter for Kelpi, enabling the expansion of operations, team growth, and the execution of scale-up pilots essential for our pathway to launch. Led by Blackfinch Ventures, Kelpi's equity funding round attracted investment from Green Angel Ventures, Kadmos Capital Ltd, QantX, Evenlode Foundation , and the South West Investment Fund. Additionally, follow-on investment came from Bristol Private Equity Club (BPEC), One Planet Capital and private angel investors. Initially seeking £3 million in equity investment, raising £4.35 million (US $5.5 million) represents a remarkable achievement for Kelpi. https://lnkd.in/eEsbd9hq #Kelpi #Investment #SeaweedPackaging #EcoFriendly #SustainableFuture #GreenInnovation #StartupSuccess #ClimateAction #PackagingRevolution #InnovativeSolutions #EnvironmentallyFriendly #CircularEconomy