Seviora Holdings has partnered with Singapore’s state investment company Temasek to jointly invest in late venture and early growth agri-food companies in the Asia-Pacific region, through Seviora Capital’s The Future of Food and Farming (Seviora T3F) strategy.
Since August 2023, the strategy has raised US$173 million, including seed capital from Seviora and Temasek, alongside cornerstone investor Norinchukin Bank and other institutional investors.
The strategy, the companies say, “invests in innovative, and high-growth agri-food companies in the region that provide sustainable solutions and technologies to meet the challenges posed by massive demographic changes and fast-evolving consumer needs.”
It seeks companies that can help the agri-food system accelerate to a more sustainable and resilient future, and one which meets evolving consumption trends.
“This is a unique investment avenue to gain exposure and benefit from the transformation and high growth in the agri-food sector in the Asia-Pacific region,” says Jimmy Phoon, CEO at Seviora and Seviora Capital. “We will be able to access a strong pipeline of investment opportunities through leveraging Temasek’s extensive network and ecosystem, as well as their experience and success in this space.”