Join Now! /

Five Seasons Ventures Announces €180M Food Tech Impact Fund

Startacus RSS

by Startacus Admin

Five Seasons Ventures Founding Partners Ivan Farneti (L) and Niccolo Manzoni (R

Five Seasons Ventures has raised its flagship Fund II to continue investment and support of innovative consumer Food Tech startups in Europe

fiveseasons_bannerphone-1.It’s a great start to the week for European Food Tech venture capital firm Five Seasons Ventures with the announcement of the final closing of a €180M second fund. Fund II will continue making Series A and B investments into the most promising European Food Tech companies and will have a focus on fast-growing consumer-focused food with a quantifiable environmental or social impact. 

Five Seasons Ventures’ investment thesis is to prove that Food Tech startups can grow at the same speed as ‘traditional’ tech startups and their Fund I portfolio companies are actually on track to reach a combined revenue of over €350M in 2021, with half of the portfolio startups not even existing four years ago. 

Ivan Farneti, Co-founding Partner of Five Seasons Ventures, commented, “There’s no doubt that Food Tech is experiencing a boom in Europe right now. When we launched Five Seasons in 2018, we were the first VC to focus on Food Tech in Europe, and we believe we contributed to making this an attractive asset class. Fund II was quickly oversubscribed as more investors wanted to get exposed to European Food Tech, seeking high growth and impact.”

fiveseasons venturesNiccolò Manzoni, Co-founding Partner of Five Seasons Ventures, added, “Food and Food Tech have the possibility to affect two of the most pressing issues of our time -  climate change and human health. With this new fund, we continue to focus our attention on food companies that make healthier and cleaner products, that are manufactured and packaged more sustainably, with shorter supply chains and fewer emissions.”

Food Tech has grown exponentially in Europe and the pandemic further accelerated consumer demand with shifts to e-grocery delivery and direct-to-consumer food brands, as well as increased interest in healthy food and nutrition. The Five Seasons Ventures’ portfolio therefore stands to further benefit from this growth.

We look forward to seeing its future investments and the impact it will have on the Food Tech sector throughout Europe.


Subscribe to our newsletter

If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Startacus RSS
Business DealsSubmit Your Startup
Win TicketsNetwork and Collaborate
Our Latest Features

Published on: 4th October 2021

If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.

Create an Idea!View Other Ideas, Projects or Startups
Why not Sign Up?
Create Projects
Edit Projects
Self Interviews
Self Starter of the Year
Product Giveaways
Subscribe to our Newsletter
Check us out at our Google+ page!