AgFunder plans to establish an accelerator in Southeast Asia in addition to two corporate venturing funds to invest in the participants.
US-based, agriculture-focused investment and digital media platform AgFunder intends to launch two venture capital funds and an accelerator in Singapore in 2019, chief investment officer Michael Dean has told DealStreetAsia.
All three are set to begin operations in Q3 2019. The accelerator will involve a 12-week schedule and will admit between eight and 10 startups in each cohort, divided equally between agriculture and food technology.
The first fund will be equipped with $12m of capital to support participants in the…