Pymwymic funding news – Amsterdam-based Pymwymic Secures its Healthy Food Systems Impact Fund II at €71.5Million
Nov 7, 2024 | By Kailee Rainse
Pymwymic, an impact investment firm, has raised €71.5 million for its Healthy Food Systems Impact Fund II, exceeding its €70 million target.
SUMMARY
- Pymwymic, an impact investment firm, has raised €71.5 million for its Healthy Food Systems Impact Fund II, exceeding its €70 million target.
- Pymwymic has been a leader in responsible investing since 1994, focusing on both people and the planet.
The fund was supported by over 250 private investors and seven institutional investors, including AGCO, ASR, Invest International, Invest-NL, Klaverblad Verzekeringen, Oost NL, and Van Lanschot Kempen. This follows a previous €20 million raised for the same fund in April of the previous year.
The Healthy Food Systems Impact Fund II supports early-stage AgriFood companies that are working on new solutions in areas like sustainable farming, reducing food waste, and regenerative agriculture. The fund already has six companies in its portfolio and plans to invest in more innovative businesses that are shaping the future of food.
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Rogier Pieterse, Managing Partner Pymwymic said, “We are committed to the reality that a regenerative food system is the only way forward and support the dare devils working on solutions advancing this pathway,”.
It is a co-owned organization made up of over 250 people, including individuals, families, entrepreneurs, and angel investors from across Europe.
Pymwymic Fund Launching
In 2017, Pymwymic launched its first fund, the Healthy Ecosystems Impact Fund I, which worked on preserving and restoring ecosystems. This fund, which was supported by Van Lanschot Kempen, closed in 2021 with nine companies focused on creating a better future.
Now, Pymwymic is investing through the Healthy Food Systems Impact Fund II, which backs entrepreneurs who are changing the food system from farm to table.
It is a co-owned organization made up of over 250 people, including individuals, families, entrepreneurs, and angel investors from across Europe.
In 2017, Pymwymic launched its first fund, the Healthy Ecosystems Impact Fund I, which worked on preserving and restoring ecosystems. This fund, which was supported by Van Lanschot Kempen, closed in 2021 with nine companies focused on creating a better future.
Now, it is investing through the Healthy Food Systems Impact Fund II, which backs entrepreneurs who are changing the food system from farm to table.
About Pymwymic
Pymwymic has been a leader in responsible investing since 1994, focusing on both people and the planet. With the support of over 250 individuals, families, entrepreneurs, and angel investors, along with institutional backers, It has launched two impact funds that meet Article 9 standards for sustainable investment.