The tie-up aims to address a $74bn finance gap for farmers in sub-Saharan Africa as well as provide specialist support to develop commercially viable business practices.
Summa Equity has invested in Nutris, a Croatian factory developing sustainable protein sources from fava beans, through the €2.3bn Summa Equity Fund III.
The new fund is focused on emerging markets and made its first two investments into social enterprise One Acre Fund and into a blue bond issued by the International Bank of Ecuador.
Downforce Technologies, a global digital measurement, reporting and verification startup in soil organic carbon measurement and prediction, has closed a $4.2m funding round led by Equator VC.
The fund secured investment from institutions including British Patient Capital and plans to fund impact startups in areas such as energy, transportation, and agriculture.
The two institutions plan to pool resources to establish a fund platform and advocate in support of themes including regenerative agriculture, sustainable forestry and nature restoration.
The Dutch company, which produces cultivated beef by growing it directly from cow cells, will use the investment to scale its operations and prepare for market entry.
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