The partnership envisions a transformative impact on the Agri-Food sector, aligning with global decarbonization efforts and ensuring food security amidst evolving consumer demands.
Singapore’s Seviora Capital has announced the launch of The Future of Food and Farming (T3F) Strategy, a bold move in partnership with Temasek to spur innovation within the Agri-Food sector across the Asia Pacific. This collaboration is set to channel investments into high-growth and pioneering Agri-Food companies at late venture and early growth stages, leveraging Seviora’s deep industry insights and Temasek’s global network.
RELEVANT SUSTAINABLE GOALS
The Future of Food and Farming (T3F) Strategy
Since its inception in August 2023, the Seviora T3F Strategy has successfully raised $173 million, a fund bolstered by contributions from both Seviora and Temasek, cornerstone investments from Norinchukin Bank, and additional support from various institutional investors. This strategic pooling of resources underscores a shared commitment to transforming the Agri-Food landscape.
The Seviora T3F Strategy focuses on identifying and nurturing companies that offer sustainable solutions to the pressing challenges of demographic shifts and rapidly changing consumer preferences. With an eye on accelerating the transition to a sustainable and resilient Agri-Food system, the initiative aims to foster an ecosystem of startups capable of scalable impact.
Jimmy Phoon, CEO of Seviora and Seviora Capital, articulates the vision of leveraging this unique investment avenue to tap into the high-growth potential of the APAC’s Agri-Food sector. By combining forces with Temasek, known for its leadership in the Agri-Food arena, Seviora is poised to uncover and elevate the next wave of innovation.
The partnership envisions a transformative impact on the Agri-Food sector, aligning with global decarbonization efforts and ensuring food security amidst evolving consumer demands. Anuj Maheshwari, Temasek’s Head of Agri-Food, highlights the strategy’s focus on investing in companies that lead in innovation and sustainable practices, aiming to create a positive ripple effect across the value chain.
With Asia’s demographic and agricultural challenges at the forefront—home to 60% of the global population but only 35% of arable land, and a fragmented agricultural sector dominated by smallholder farmers—the Seviora T3F Strategy is a timely intervention. It addresses the need for efficiency, market access, and investment in agriculture to meet the growing demand for food, driven by a shift towards more affluent, sophisticated, and health-conscious consumers.
Recent investments, including a significant $17 million in India’s Country Delight, underscore the strategy’s commitment to supporting businesses that meet consumer needs for quality, freshness, and convenience. With Temasek’s decade-long investment history in farm-to-fork businesses, Seviora Capital’s endeavor through the T3F Strategy marks a strategic step towards capitalizing on the expected growth in the APAC Agri-Food sector over the next decade.
Lead image courtesy of Defun via Canva
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