New fund from Christophe Maire

The venture capitalist believed in the success of Gorillas early on. Now another fund with 100 million euros is to follow. Start-ups from Germany also receive investments.

Venture capitalist Atlantic Food Labs had the right instinct and invested early on in the fast delivery service Gorillas, which now has a valuation of around three billion US dollars. Now Christophe Maire, who is behind the fund, wants to set up another fund and invest around 100 million euros in young companies. The money, which will come from institutional investors, will then be invested in foodtech, as reported by Handelsblatt.

Money will come from Bitburger, Gemüsering and Döhler Teilhaber und Partner, among others. However, the capital raised will not flow into a big bet, but into 40 or even 50 companies across Europe that are committed to sustainable nutrition. The money could therefore also come to Germany if the right founders can be found here. The fund is not initially limited to one sub-sector, but includes everything from agrotech to urban farming.

The German start-up Microharvest, which wants to produce proteins from bacteria, is benefiting from one of the first rounds of capital, as is Klim. The start-up, which is also German, wants to promote the storage of CO2 in farmers' soils.