Vaekstfonden from Denmark and De Hoge Dennen Capital from the Netherlands are confirmed as cornerstone investors of Rockstart AgriFood fund.
The program is looking for startups addressing three core challenges in the industry;
– optimization of processes and practices,
– stopping food waste, and
– driving transparency and sustainability.
Leveraging the advanced Nordics and Benelux AgriFood ecosystems, the program will run from Copenhagen, Denmark, offering (follow-on) investments in participating startups up until Series B globally.
Led by Mark Durno, The program will support teams via a network of more than 100 mentors and industry partners.
Applications for Agritech and Foodtech startups to participate in Rockstart AgriFood accelerator in Copenhagen are open until the end of May. Startups that complete the program – which will kick off in September 2019 – will have the opportunity to secure financing from Rockstart AgriFood up to and including Series B.
Launched in 2011 and led by Rune Theill, CEO, Rockstart is an international company that supports startups in their way to success across four domains:
– AgriFood, and
– Emerging technologies.
It provides startups with access to the capital, market, community, and expertise by connecting them to partners, investors, mentors and the wider Rockstart network. Rockstart also creates programs that are customized to boost collaboration between startups and corporates, driving fast access to co-creation, commercial partnerships, and investment. It has designed and executed programs for Maersk, Shell, Dutch Ministry of Health, and many others.
Since its inception, the organization has accelerated over 150 startups across the four core domains that have raised a total of over €87 million and generated more than 700 jobs.