Key Takeaways
- FoodLabs has raised USD 121.8 million (EUR 105 million) for its third fund, targeting early-stage European food-tech and ag-tech startups.
- The Berlin-based VC remains focused on technologies that enhance planetary and human health, including sustainable food systems, biotech, and climate solutions.
- General Partner Patrick Noller emphasizes that despite tougher market conditions, global food-system challenges are accelerating.
- FoodLabs' manifesto outlines a long-term vision centered on resilience, sustainability, and system-wide transformation.
- The firm has invested in 80+ companies, including Voltrac, Infinite Roots, InPlanet, and Klim.
FoodLabs Announces USD 121.8 Million Fund to Accelerate Sustainable Food and Agriculture Innovation
Berlin-Based VC Expands Commitment to Food System Transformation
Berlin-based venture capital firm FoodLabs has closed its third fund at EUR 105 million, equivalent to USD 121.8 million, reaffirming its commitment to backing early-stage companies reshaping the global food system. Founded in 2016, FoodLabs invests in both software and hardware innovations designed to create a healthier, more sustainable and resilient food economy.
The fund will support European startups across sustainable agriculture, food production, biotech, climate mitigation, and digital tools designed to modernize and decarbonize food systems.
A Difficult Market, But a Growing Need for Sustainable Food Innovation
Despite a tightened funding environment for climate and sustainability ventures, General Partner Patrick Noller told Sifted that macro challenges are only intensifying.
