Search DubaiPRNetwork.com

Dubai and UAE
Home >> Business and Economy

Natural Ventures Announces First Close of $100m fund to address food and water security globally.

Natural Ventures Announces First Close of $100m fund to address food and water security globally.

Tuesday, July 23, 2024/ Editor -  

Share

Home >> Business and Economy

Summary

  • Natural Ventures, a venture capital fund with offices in the UAE and the Netherlands, completed the first close to focus on global food and water security.
  • The fund is backed by investors, including HELM AG, a strategic UAE investor, and Chemovateq, a Swiss-based family office.
  • The fund launches with an existing portfolio of four companies and a strong pipeline of opportunities globally.

July 23,2024 - Abu Dhabi, United Arab Emirates - Natural Ventures, an impact-focused venture capital fund that addresses global food and water security, is pleased to announce the first close of its inaugural fund.

Natural Ventures takes an impact-driven approach to investing in and supporting the drive towards a more sustainable future and stable climate by focusing on high-technology solutions. Addressing the interconnected challenges of climate change, population growth, and the transformation of water and food systems, the fund aims to accelerate the transition to a sustainable, healthy, and economical food and water supply.

The team, comprised of seasoned investors with an excellent track record, experienced water and food experts, entrepreneurs, and leadership developers, invests in scalable technologies with proven commercial traction that directly impact water and food security.

The fund selected Abu Dhabi and the ADGM as its headquarters due to the region's strategic importance in food and water. The recent launch of the AgriFood Growth and Water Abundance (AGWA) cluster, led by the Abu Dhabi Department of Economic Development (ADDED) and Abu Dhabi Investment Office (ADIO), shows the region's commitment and is expected to result in USD 34 billion of investment by 2045.

Natural Ventures anchor investors include Helm AG of Germany, Chemovateq, a Swiss-based family office, and a strategic UAE investor.

Stephan Schnabel, Chairman and CEO of Helm, comments, “As a business, Helm is always actively looking to find partners that enable the growth of new technologies that address the challenges our customers face and to support companies that provide enabling technology platforms and products to future-proof our customer businesses. Our investment in the Natural Ventures fund reflects our commitment to addressing these future needs and is another excellent example of our commitment to growing through partnerships.

The fund benefits from close strategic partnerships with two global sector specialists. AgBioScout, the world's leading global Agtech scouting and advisory company with deep technical AgTech sector knowledge,  and Isle Utilities, the world’s leading innovation consultancy specialising in the development and commercialisation of emerging technologies in the water & environmental sectors, provide the fund with unique market access and due diligence capabilities.

Stephen Pearce - Co-founder and Managing Partner of Chemovateq, commented - “Between AgBioScout with its broad sector knowledge in Agriculture, Isle with its sector expertise in Water and its global footprint and Chemovateq with its associated knowledge and networks, we collectively have a level of sector expertise, resource and experience with networks of scale that is truly unique and positions this fund to be a best in class investment proposition for all participants. “

Mark Jenkins, a Managing Partner of Natural Ventures, added, 'As an impact-driven team, Natural Ventures welcomes our exceptionally strong strategic investors and leading AgTech and water industry partners to our collaborative investment model. Our combined strengths and alignment of purpose are striking as we look to invest in exceptional management teams with innovative solutions to solve global issues of water and food security. We look forward to working together to support our portfolio companies.'


Natural Ventures Fund I launches with an initial portfolio of four leading technology companies, including Active Membranes, Brevel, Constellr, and N-Drip, and a strong pipeline of new investments.


Previous in Business and Economy

Next in Business and Economy


Home >> Business and Economy Section

Latest Press Release

UAE-France Energy Days: Unlocking Artificial Intelligence and Digitalization to ...

Hotel Indigo Dubai Downtown proud to join Forbes Middle East Sustainability Lead ...

Dubai Schools Games Launches 2024-25 Season with Midea as Title Sponsor

Dubai Jewellery Group Unveils Dazzling Diwali Campaign, Offering Customers AED 1 ...

Mohammad Al Gergawi: AMGFC24 cements UAE's role as a global hub for partnerships ...

Dubai Customs innovates: Aramex partners to leverage pioneering “Seamless Inspec ...

Dubai Health Authority Launches Advanced New Version of DHA App to Enhance Custo ...

New gaza food security assessment sees famine risk persisting amid ongoing fight ...

New Hunger Data From Gaza Shows Continued Famine Risk Amid Ongoing Fighting and ...

Dubai Land Department collaborates with Dubai Courts and Digital Dubai to develo ...

Dubai Airports takes wellness to new heights with a month-long campaign

Global Village welcomes guests this Season 29 with a spectacular opening

Dubai T100 triathlon welcomes patronage of h.h. sheikh mansoor bin mohammed bin ...

SLC signs MoU with Financial Audit Authority for legal and institutional coopera ...

H.E. Mubarak Al Mansoori: The UAE is the first Arab country to measure its pens ...

Light up your Diwali with Ambiance by Talata – where every scent tells a story!

Emirates introduces refurbished Boeing 777s to Kuwait and Dammam

Ambiance by Talata Debuts in the UAE

Cross-examining cybercrime: GITEX GLOBAL 2024 sheds light on the innovation-igni ...

Expand North Star Brings Attention to Future of Creativity and Spirit of Innovat ...