Corporate LPs Syngenta, Adisseo, Esco Lifesciences and Cavallo Ventures all contributed to the agriculture-focused venture firm's sophomore fund.

China-based agriculture and food-focused venture capital firm Bits x Bites has closed its second fund at $100m with backing from corporates Esco Lifesciences, Syngenta, Adisseo and Wilbur Ellis, DealStreetAsia reported on Tuesday.

Life sciences tool producer Esco Lifesciences, animal feed producer Adisseo and agribusinesses Syngenta and Wilbur Ellis were joined by fellow limited partner Temasek, with Wilbur Ellis participating through corporate venturing unit Cavallo Ventures.

The vehicle initially had a $70m target and reached a $30m first close in November…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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