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.
“The fundraising environment for sustainability startups has grown harsher over the past two years,” Noller said. “But the problems haven’t changed—they’ve got bigger.”
He added that while investment trends shift toward areas like AI or defense, the global food sector remains one of the world’s largest, most labor-intensive, and least digitized.
“Food is the second biggest industry in the world. It employs the largest chunk of people all around the globe, it’s not digitalised and it’s super unsustainable. But that also makes it an interesting area to be investing in.”
A Mission-Oriented Investment Framework
FoodLabs’ manifesto underscores its ambition to drive large-scale system change across food, agriculture, climate, and health. Its mission is framed around five guiding principles:
- At the Pulse of Change
- Beyond Food
- Thriving Resilience
- Building a Better Tomorrow
- A Pledge to Our Planet
FoodLabs positions each investment as a step toward a more resilient global food ecosystem, where biotech breakthroughs merge with sustainable agriculture and climate-adaptive solutions.
FoodLabs: A Track Record of Scaled Impact
Since 2016, FoodLabs has invested in more than 80 companies working across planetary and human health. These include:
- Voltrac
- Infinite Roots
- InPlanet
- Klim
- And a broad range of innovations spanning soil health, carbon removal, biological inputs, and climate-adaptive food production.
The new fund will continue driving early-stage innovation across Europe, targeting founders addressing food security, climate stress, and global health through science and technology.
