Royal Cosun has joined fellow corporates Bühler, AkzoNobel and Wuppermann as LPs in the cleantech and sustainability-focused fund.

Netherlands-based agriculture conglomerate Royal Cosun has become a limited partner in Icos Capital Fund III, a €50m ($57m) cleantech and sustainability-focused fund managed by venture capital firm Icos Capital.

ICF III targets investments in companies operating in the chemical, food and materials sectors, with a focus on renewable resources, sustainable processes and smart production systems.

The fund has invested in Switzerland-based agriculture technology developer Gamaya and Switzerland-based data analytics provider Squirro. Icos said it plans to add eight to 10 more…