Bayer CropScience, the agribusiness subsidiary of Germany-based chemical and pharmaceutical company Bayer, has made in an investment in a $150m agriculture technology fund raised by venture capital firm Finistere Ventures.
Bayer is a founding partner in Finistere Ventures’ FVII Fund alongside investment firm Avac’s agriculture technology unit Verdex Capital, which will manage the funds Canada-focused activities with Finistere.
An unnamed global strategic partner has also committed capital to the fund, which has reached its first close.
FVII Fund will invest…
