With this investment, Cosun aims to further strengthen its network and presence in the agri-foodtech space. Investing in relevant investment funds and startups/scale-ups will help Cosun in its growth ambition in Green & Health promoting ingredients.
Maaike van den Maagdenberg, Director Cosun Corporate Development: “This investment is fully in line with Cosun’s growth and transformation agenda. To accelerate our long-term profitable growth strategy in plant-based ingredients, it is our ambition to invest in promising new ventures that fit well with our strategy. We will support their development with our knowledge and expertise to create sustainable food and biobased ingredients for future generations. The cooperation with PeakBridge is a great addition to our current fund and direct investments”.
Erich Sieber, PeakBridge Founding General Partner: “At PeakBridge we invest in the people, technology, and processes that will shape more sustainable food systems – while driving returns for our investors. As a prominent strategic in the agri-food sector, Cosun’s investment in the PeakBridge Growth II fund reflects our alignment on that mission, with a focus on innovative, scalable, and protectable B2B companies. From scaling up faster and smarter, to support in business development and partnerships, together we can open up new opportunities for the companies leading the way in a sustainable future.”
About PeakBridge
PeakBridge is a pioneering global impact fund manager in the Agri-FoodTech sector. PeakBridge focuses on scalable and sustainable seed and growth companies with protectable technologies addressing long term environmental and nutrition challenges in agri-food chains. PeakBridge invests in and works with entrepreneurs who are the stewards of the food innovation and technology necessary to nourish people in the most sustainable and efficient way. PeakBridge invests in and supports the growth of startups with a focus on impacting key areas of ingredient innovations, alternative protein technologies, digitisation, nutrition and health and novel farming systems. PeakBridge is a core member of EIT Food and a partner of Edmond de Rothschild Private Equity.
For further information, please contact:
Royal Cosun
Guido van Alphen, Director Corporate Communications & Public Affairs
T: +31 76 5303344
E: corporate.communication@cosun.com
PeakBridge
Nurit Ben, Head of Communications
T: +972 54 353 8480 / +1 347 973 5837
E: nurit@PeakBridge.vc