Netherlands-based financial services firm Rabobank provided an additional €80m ($90m) of funding for its strategic investment subsidiary, Rabo Frontier Ventures a year ago in February 2019.
The fund now has roughly $170m under management and will use the added capital to expand its geographic focus, seeking opportunities in additional international locations such as San Francisco, Singapore and Tel Aviv.
Rabo Frontier Ventures was launched in March 2017 and invests in financial and agricultural technology developers, concentrating on four core themes: financial well-being, platform banking, emerging technologies and applying data to the food industry.
The unit has more than 15 portfolio companies, having most recently taken part…