Tuesday, April 26, 2016
Finistere Ventures, International Farming Corporation Form New Venture Fund
San Diego-based Finistere Ventures, and farming giant International Farming Corporation (IFC) said today that they have launched a new venture fund, Willow Hill Ventures. According to the two, Willow Hill Ventures will focus on providing growth capital to help early agricultural technology startups scale into viable farming businesses. The company specifically said it is looking to "bridge the Series B funding gap." The new fund will focus on companies in informatics/big data, novel farm systems, food quality and nutrition, genetics and seed tech that increase the sustainability, profitability and productivity of agriculture, according to the firms.