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Seviora, Temasek launch agri-food strategy
Asia-Pacific play targets early growth firms providing sustainable solutions, techologies
The Asset 11 Feb 2024

Seviora Holdings has partnered with Singapore’s state investment company Temasek to jointly invest in late venture and early growth agri-food companies in the Asia-Pacific region, through Seviora Capital’s The Future of Food and Farming (Seviora T3F) strategy.

Since August 2023, the strategy has raised US$173 million, including seed capital from Seviora and Temasek, alongside cornerstone investor Norinchukin Bank and other institutional investors.

The strategy, the companies say, “invests in innovative, and high-growth agri-food companies in the region that provide sustainable solutions and technologies to meet the challenges posed by massive demographic changes and fast-evolving consumer needs.”

It seeks companies that can help the agri-food system accelerate to a more sustainable and resilient future, and one which meets evolving consumption trends.

“This is a unique investment avenue to gain exposure and benefit from the transformation and high growth in the agri-food sector in the Asia-Pacific region,” says Jimmy Phoon, CEO at Seviora and Seviora Capital. “We will be able to access a strong pipeline of investment opportunities through leveraging Temasek’s extensive network and ecosystem, as well as their experience and success in this space.”

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