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Omnivore to back agri hardware startups with fresh investments – SME News
Agritech venture capital firm Omnivore is set to ramp up its investments in FY26, targeting startups that develop specialised hardware solutions for key agricultural challenges. The firm plans to make 4-6 new investments, with cheque sizes ranging between $2 million and $7 million.
Omnivore is particularly optimistic about startups innovating in precision farming, water management, and sustainable agricultural practices. “Advanced domestic manufacturing capabilities are accelerating the development of scalable solutions, positioning these innovations as strategic interventions for food security and climate resilience. Within our portfolio, Ecozen and Niqo Robotics are developing climate-smart technologies that enhance agricultural efficiency and productivity,” said Mark Kahn, managing partner at Omnivore.
In FY25, Omnivore made nine investments from its third fund, the Omnivore Agritech & Climate Sustainability Fund. The Bengaluru-based firm had raised $150 million for the fund’s first close in June 2023, aiming to back 25-30 Seed and Series A agritech startups and micro, small, and medium enterprises (MSMEs). Launched in April 2022, the fund’s first close was backed by investors including KfW, Self Reliant India (SRI) Fund, FMO, SIFEM, International Finance Corporation (IFC) with support from the Bill & Melinda Gates Foundation, Inclusive Agritech Facility, Louis Dreyfus Company Ventures, and the Dutch Good Growth Fund (DGGF).
Omnivore also sees India’s manufacturing resurgence as a major investment opportunity. “Beyond traditional low-cost production, the ecosystem is powered by strategic government policies, robust technological infrastructure, and a vibrant startup community. Emerging technologies and a skilled workforce are propelling India towards becoming a global manufacturing hub,” Kahn said.
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