Pymwymic, an impact investment cooperative based in Amsterdam, has announced the successful closing of its Healthy Food Systems Impact Fund II at €71.5 million, exceeding its €70 million target. This milestone highlights the cooperative’s dedication to reshaping the global food system, addressing critical challenges such as biodiversity loss, environmental degradation, and health crises. The fund builds on Pymwymic’s legacy of impact investing and its vision for a more sustainable future.
The fund’s success is rooted in the collective efforts of over 250 private investors and seven institutional backers, including AGCO, ASR, Invest International, Invest-NL, Klaverblad Verzekeringen, Oost NL, and Van Lanschot Kempen. The broad coalition underscores the growing recognition of the need to transform the food system. Over a year before its final close, the fund raised €20 million in April, reflecting steady progress and significant support for its mission.
Pymwymic’s Healthy Food Systems Impact Fund II is designed to drive systemic change by investing in AgriFood companies that are pioneering innovative solutions. These companies are tackling critical issues such as sustainable farming, food waste reduction, and regenerative agriculture. Already, six companies are part of the fund’s portfolio, including Biome Makers, which specializes in soil biology analysis; Aurea Imaging, a provider of crop intelligence software; and OneThird, which focuses on minimizing food waste across supply chains.
Rogier Pieterse, Managing Partner of Pymwymic, emphasized the cooperative’s commitment to supporting bold entrepreneurs working on transformative solutions. “We are committed to the reality that a regenerative food system is the only way forward and support the daredevils working on solutions advancing this pathway,” he stated.
This achievement marks a significant evolution from Pymwymic’s previous venture, the Healthy Ecosystems Impact Fund I. Launched in 2017 and closed in 2021, Fund I focused on preserving and restoring ecosystems, supporting nine companies with innovative environmental solutions. The second fund continues this legacy by targeting the entire food system, from farm to fork, leveraging cutting-edge technologies and sustainable practices to ensure a healthier planet and population.
The cooperative, whose name stands for “Put Your Money Where Your Meaning Is Community,” is a co-owned organization comprising individuals, families, entrepreneurs, and angel investors from diverse backgrounds. Since its founding in 1994, Pymwymic has built a reputation as a trailblazer in impact investing, uniting stakeholders under the shared mission of driving positive, lasting change.
By focusing on agri-food scale-ups and regenerative practices, Pymwymic is positioning itself at the forefront of efforts to reshape the global food supply chain. The Healthy Food Systems Impact Fund II not only reflects its mission but also serves as a beacon of hope for sustainable innovation in an era where the stakes for the planet’s future could not be higher.
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