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AGRANA and Raiffeisen-Holding Niederösterreich-Wien are each investing € 2.5 million in the third fund set up by the German fund manager FoodLabs which, with a broad portfolio of more than 60 companies, including some in the food and agricultural technology sectors, is among the most active Food & Climate funds in Europe.
By means of their investments in FoodLabs, AGRANA and Raiffeisen-Holding Niederösterreich-Wien are gaining access to start-ups with innovations and technologies which are highly relevant to their business activities.

“For AGRANA, as a processor of agricultural commodities and a provider of integrated solutions for the food and beverages sector, innovations related to agricultural research and food technologies are particularly interesting. In addition to our own projects, our investment in FoodLabs provides us with early-stage access to new technologies so that we can continue to boost our innovative strength and leverage the inputs of creative start-ups to further develop our portfolio,” highlights the CEO of AGRANA Beteiligungs-AG, Stephan Büttner.

“Entrepreneurial ideas require courage but also financial support. Our investment in FoodLabs is a key step encouraging entrepreneurship,” says Michael Höllerer, CEO of Raiffeisen-Holding Niederösterreich-Wien. “We see ourselves as an enabler when it comes to promoting future-oriented solutions to social challenges. That is why we are supporting innovations in the important high-growth FoodTech segment together with our investment in AGRANA.”

“We are delighted and really appreciate having strong partners on board who fully support our goals, not only financially but also strategically. Their support is a clear indication of our joint commitment to boosting quality of life in the world and establishing future-fit companies in the long term. Together with AGRANA and Raiffeisen, we share a vision of leveraging innovations in agricultural and food technology to develop key solutions to the challenges of the age,” says Patrick Noller, General Partner, FoodLabs.

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