Multi-stage food and agriculture-focused venture firm S2G Ventures announced a $180 million close on its second fund, and the addition of Aaron Rudberg to the team in the role of managing director and chief operating officer.
MycoTechnology, an American company that uses mushrooms to improve the taste of food and drinks, closed a US$35 million Series B round of financing with food investors worldwide.
S2G Ventures (Seed to Growth) a leading multi-stage investment firm focused on the food and agriculture industry, announced today that it closed on an additional $180 million in committed capital, taking total assets under management to $300 million. In addition, the firm announced that Aaron Rudberg has joined the firm as Managing Director and Chief Operating Officer. In this role, Rudberg will have responsibility across the operations of the business as well as developing out the strategic relationships for the firm
The additional $180 million in Fund II capital enhances S2G’s ability to pursue investments in its targeted food and agriculture sectors. Since its founding in 2015, S2G has invested in 30 companies. In aggregate, S2G companies expect to achieve over $550 million in revenue in 2017 – with average growth of 150% over 2016 revenues….
Agricultural technology startups will pitch to a six-person panel of investors and growers at new Western Growers event AgSharks.
A nod to the popular TV show “Shark Tank,” AgSharks will feature new companies getting feedback about their business plans and having to decide on the spot whether to accept, negotiate or decline offers of investment in exchange for equity.