Corteva Agriscience, ADM, Elanco, Ecolab, Griffith Foods, RD Offutt, Growmark, Koch Ag & Energy, Smithfield Foods and Sumitomo Chemical America all backed the VC firm's latest fund.
US-based venture capital firm Cultivian Sandbox Ventures closed its third fund at $135m on Tuesday, having secured commitments from limited partners including several corporate backers.
Cultivian Sandbox Food & Agriculture Fund III’s LPs include food processor Archer Daniels Midland (ADM), hygiene services provider Ecolab, food ingredient developer Griffith Foods, potato producer RD Offutt and Corteva Agriscience, a subsidiary of speciality chemicals and materials provider DowDuPont.
Agricultural cooperative Growmark, energy and chemicals conglomerate Koch Ag & Energy Solutions, animal health product…