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April 25, 2023

2 minutes

Invest-NL to invest € 10 million in PYMWYMIC

Invest-NL is to invest € 10 million in PYMWYMIC's Healthy Food Systems Impact Fund II. The fund aims to invest in AgriFood start-ups that improve the sustainability of the food chain through innovative technologies. Potential investments from the fund could focus on new, sustainable local agriculture methods, digital platforms for shorter, more efficient supply chains and data-driven production methods that contribute to healthy, future-proof land use. The Healthy Food Systems Impact Fund II is expected to amount to € 60 million.

The Healthy Food Systems Impact Fund II is expected to amount to € 60 million. Other investors such as Oost NL and Invest International are now getting on board as well.

'We're very proud of Invest-NL's and the other major investors' confidence in PYMWYMIC. Their investment will facilitate our mission to accelerate the transition to a more sustainable food system.' Rogier Pieterse, PYMWYMIC's Managing Director. 

Nicolaas Heij, senior investment manager at Invest-NL: 'Through its first fund, Invest-NL has shown that it can make a significant impact in terms of improving the sustainability of the food chain. This is relevant because there is currently limited capital available within the Dutch AgriFood sector for this type of early-stage investment. Due to this focus, the fund aligns with our investment strategy to accelerate the transition to a carbon-neutral and circular economy.'

Questions about this investment? Nicolaas is happy to help!

Nicolaas Heij

sr. investment manager

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