Adisseo is the cornerstone investor in a Seventure Partners fund that has reached a first close of almost $30m.
France-based venture capital firm Seventure Partners has raised €24m ($29.7m) for the first close of a food-focused fund which has secured animal feed additive producer Adisseo as its cornerstone investor.
The fund will invest across Europe, North America and Israel but is also open to particularly promising pitches from other regions including Asia. Seventure has not disclosed a final target size for the vehicle.
Seventure will provide funding for companies in the animal health, feed and nutrition sectors, as…