Rabo Investments and Novo helped the agriculture-focused venture capital firm raise $175m for the first close of its sophomore fund.

Netherlands-based venture capital firm Anterra Capital has pulled in $175m for an initial close of its second food and agriculture technology fund with commitments from pharmaceutical firm Novo and agriculture focused-bank Rabobank.

Anterra F&A Ventures II’s other limited partners include investment and financial services group Fidelity’s Eight Roads Ventures unit, investment group Tattarang and unspecified family offices, sovereign wealth funds and state-owned investment vehicles.

Rabobank committed capital to the fund through corporate venture capital unit,Rabo Investments. The VC firm expects…