AGRANA and RAIFFEISEN NÖ-WIEN invest € 5 million in FOODLABS fund
EQS-Media / 25.09.2024 / 09:30 CET/CEST
AGRANA and RAIFFEISEN NÖ-WIEN invest € 5 million in FOODLABS fund
– Important access to start-ups in the agricultural and food technology
sector
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.
About FoodLabs
FoodLabs is a globally active early-stage VC investor and venture studio,
assisting companies committed to planetary and human health. The FoodLabs
Studio identifies new opportunities to tackle the biggest challenges of
our time. It works alongside visionary entrepreneurs and scientists who
have what it takes to empower the transformation. Based in Berlin and with
a network supporting entrepreneurs globally, FoodLabs focuses on solutions
in the areas of consumers, the food supply chain, health, agriculture,
climate and synthetic biology. Since being founded in 2016 by Christophe
F. Maire, FoodLabs has built and invested in more than 60 early-stage
companies, including Infinite Roots, Formo, Meatable and Klim.
[1] www.foodlabs.com
About AGRANA
AGRANA converts agricultural raw materials into high-quality foods and
numerous industrial intermediate products. Around 9,000 employees at 55
production facilities worldwide generate annual Group revenue of
approximately € 3.8 billion. The Group was founded in 1988, is the global
leader in fruit preparations, a leading player worldwide in the production
of apple and berry juice concentrates in addition to being a key
manufacturer of customised potato, corn and wheat starch products as well
as organic ethanol in its Starch segment. AGRANA is one of the leading
sugar companies in Central and Eastern Europe.
www.agrana.com
About Raiffeisen-Holding NÖ-Wien
Raiffeisen-Holding NÖ-Wien, as one of the largest private investment
holding companies in Austria, is active and innovative with a clear
strategic focus on the future. It is focused on investments in the fields
of banking, food products, media and infrastructure as well as new
ventures in health, energy, entrepreneurship and regional responsibility.
It strives to create added value for its members and works together with
people to jointly shape the future of the region.
[2] www.raiffeisenholding.com
For queries, please contact:
FoodLabs, Valeriia Do, [3]valeriia@foodlabs.de
AGRANA, Markus Simak, [4]markus.simak@agrana.com
Raiffeisen-Holding NÖ-Wien, Katharina Wallner,
[5]katharina.wallner@raiffeisenbank.at
End of Media Release
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Issuer: AGRANA Beteiligungs-Aktiengesellschaft
Key word(s): Enterprise
25.09.2024 CET/CEST This Press Release was distributed by EQS Group AG.
www.eqs.com
══════════════════════════════════════════════════════════════════════════
Language: English
Company: AGRANA Beteiligungs-Aktiengesellschaft
F.-W.-Raiffeisen-Platz 1
A-1020 Wien
Austria
Phone: +43-1-21137-0
Fax: +43-1-21137-12926
E-mail: investor.relations@agrana.com
Internet: www.agrana.com
ISIN: AT000AGRANA3
WKN: A2NB37
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange
(Official Market)
EQS News ID: 1994899
End of News EQS Media
1994899 25.09.2024 CET/CEST
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3. valeriia@foodlabs.de
4. markus.simak@agrana.com
5. katharina.wallner@raiffeisenbank.at
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