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New 20 million euros fund for Irish agriculture

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Staff Writer |
Irish agriculture
Ireland   Ireland Strategic Investment Fund

A €20 million fund for research and agricultural innovation has been launched in Ireland by Finistere Ventures and the Ireland Strategic Investment Fund (ISIF).

Called the Ireland AgTech Fund (IAF), it will invest in early-stage agriculture businesses that can generate significant economic impact in the Irish agriculture and food sectors.

As part of its commitment to fostering an agricultural technology hub in Ireland, California-based Finistere has announced plans to open its first European office in Dublin to accelerate its investment and market penetration in Ireland and in the EU.

In addition to the investment, ISIF will spend an additional €20 million in Finistere’s global AgTech fund. This aims to give Ireland exposure to Finistere’s extensive network of co-investors and agri-food industry partners.

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