Lewis & Clark AgriFood focuses on modern strategies, innovative tech solutions and sustainable efforts in the agricultural field and food value chain. In support of its mission, the company finishes its regulation D filing with the SEC and raises a total of $257 million. Some of its brand portfolios include inventory tracking company BinSentry, cell-cultured seafood brand BlueNalu, bio-based dye company Stony Creek colors and plant-based bioactive AI company Brigthseed.
Per Lewis & Clark:
- Lewis & Clark AgriFood announced it has closed funding for its growth equity strategy at $257 million, consisting of an oversubscribed Lewis & Clark AgriFood Fund II totaling more than $169 million and Lewis & Clark RBIC Fund II at $88 million. The RBIC Fund closed in December 2020. Both funds exceeded their fundraising target due to strong demand from investors.
- The AgriFood Fund II and RBIC Fund II have already invested in eight companies that showcase the industry’s most cutting-edge solutions in a wide array of applications. Lewis & Clark AgriFood has invested in 15 companies since its first fund launched in 2016. It has exited one, and another portfolio company is currently going public in a $2B SPAC merger.