BASF Ventures is among the LPs for the second fund to be formed by the agriculture-focused venture capital firm, whose first fund was anchored by Godrej Agrovet.
India-based venture capital firm Omnivore has collected $97m for its second fund, with commitments from limited partners including the corporate venturing arm of chemicals producer BASF, the Economic Times reported yesterday.
BASF Venture Capital was joined in the fund by development banks CDC Group and FMO, Swiss Investment Fund for Emerging Markets, Belgian Investment Company for Developing Countries, startup studio Mistletoe and several undisclosed family offices.
Omnivore targets early-stage companies developing products to transform the agriculture industry, such as farmer-focused fintech,…